Mining

There are still good times ahead for the mining sector, says Australian and UK-listed fund manager Henderson Global Investors.

BC Iron managing director Mike Young has announced he will step down from the helm of the iron ore miner in May.

Shares in Alacer Gold fell almost four per cent after the company posted a full year loss of $342 million.

Wesfarmers is raising million (.8 million) following the successful pricing of a bond issue in the United States.

Cape Lambert Resources has appointed international finance group Deutsche Bank to sell its royalty held over the Mayoko iron ore project in the Republic of Congo.

Altona Mining has reported its maiden first half profit, after kicking off commercial production at the Outokumpu copper-gold project in Finland.

Aurora Oil & Gas has secured $US250 million in debt finance to fund the development of its recently-acquired onshore oil and gas acreage in South Texas.

Northern Star Resources boss Bill Beament has been named First Amongst Equals at WA Business News’ 40under40 awards.See video at: 

Emerging iron ore miner NSL Consolidated has struck a $12 million deal with a large Indian company to expand its mining projects on the sub-continent.

Sirius Resources has recruited three executives from copper miner Sandfire Resources following a spate of positive exploration results and the ramp-up of its drilling program.

Former Fortescue Metals Group executive Julian Tapp has been appointed as chief executive at uranium miner Energy and Minerals Australia.

The Ed Eshuys-chaired Apex Minerals has solved its need for short-term capital to support its Wiluna gold mine, selling off the asset to a China-based investment house for $50 million.

BHP Billiton has denied any wrongdoing after the Australian Federal Police (AFP) and US authorities launched an investigation into bribery allegations surrounding the company's sponsorship of the B

 South Perth company Gulf Mines has announced plans to acquire an interest in an Indonesian manganese project developed by Western Australian mining veteran Michael Kiernan.

Mining giant Rio Tinto says it's trying to secure financing for its Simandou iron ore project in Guinea.

Cazaly Resources has acquired the Lynd base metals-nickel project in Queensland through a farm-in agreement with Anglo American Exploration Australia.

BHP Billiton is generating weaker cash flow than expected but Standard & Poor's has let it off the credit rating hook.

Oil and gas explorer Strata-X Energy has made a successful debut on the ASX, closing its first day of trade 5 cents over its issue price.

One of the state’s busiest directors, Ian Middlemas, is seeking to take a big stake in Aviva Corporation and become its chair in a proposal that appears to have been rejected by the listed company’

Woodside Petroleum's $40 billion Browse gas project looks less likely to go ahead despite the re-election of its biggest supporter, Premier Colin Barnett.

Gold miner Ramelius Resources has begun mining at its Western Queen South project in a bid to boost production to 100,000 ounces a year.

Range Resources has announced the sale of its producing Texas oil and gas assets for $US30 million, to fund the ramp up of production at its Trinidad operations.

Oil and gas industry groups say the federal government’s move to impose tougher environmental checks on coal seam gas and large coal mines is unnecessary, unwelcome and could co

Gina Rinehart's daughter Hope Welker has formally withdrawn from the Supreme Court civil action she took with two of her siblings against her mother.

Gold miners Ramelius Resources and Northern Star Resources have jumped on the ASX today after releasing updated resources amnd reserves estimates for their respective gold projects.

Centaurus Resources has passed a major milestone at its Jambreiro iron ore project in Brazil, awarding an engineering and procurement contract for the project’s development.

Gina Rinehart's part-owned Queensland coal company has strick an agreement with Aurizon to develop new rail and port facilities for the Galilee Basin worth about $6 billion.

Sirius Resources’ market capitalisation topped $1 billion during trade today, after it announced further strong drilling results at its Bollinger nickel discovery near Norseman.

Leighton subsidiary Thiess has won a new contract, worth $212 million, for work on Chevron's $52 billion Gorgon project in Western Australia.

Australia's biggest resources companies will continue to enjoy the support of a conservative state government, industry commentators say.

Nickel miner Western Areas has secured $125 million in debt finance after revising its loan facility with ANZ.

Barrick Australia’s Julie Shuttleworth has celebrated International Women’s Day in style, having been named Women in Resources champion by the Chamber of Minerals and Energy.