US construction equipment group Caterpillar has posted a 15 per cent rise in 2012 net profit, but that was below market expectations owing in large part to a charge of million that arose from acco
Australia’s richest woman Gina Rinehart has made a profit of about $60 million after selling her stake in diversified miner and contractor Mineral Resources.
The board of Perth-based drilling technology group Coretrack has defeated a spill motion against it, with more than 80 per cent of votes cast in support of the board despite an ongoing intellectual
The nation’s peak industry group has applauded the federal government’s reinstatement of incentive payments for employers taking on first-year apprentices to engineering trades.
Fortescue Metals Group's decision to not become involved in gas exploration in the Canning Basin via listed company Oil Basins has enabled Melbourne-based explorer Octanex to get a foot in the door
Perth-based Globe Metals and Mining has opted to withdraw from a joint venture exploring in Mozambique to instead focus on its flagship niobium project.
Fortescue Metals Group has reported increased iron ore shipments over the December quarter, but the benefits have been offset by costs of expanding and ramping up operations.
Miner Newcrest has maintained its full-year production forecasts after December quarter gold and copper production rose from the preceding three months.
Kingsgate Consolidated is to become the largest shareholder in gold and base metals explorer Caravel Minerals after agreeing to sell a package of exploration tenements for a loss of $15 millio
Subiaco-based Balamara Resources has secured listed West Perth phosphate company Minemakers and Indian fertiliser producer Deepak Fertilisers and Petrochemicals Corporation as strategic partners in
Engineering contractor RCR Tomlinson has foreshadowed a 70 per cent increase in half-year net profit and says its outlook has been buoyed by developments in the Pilbara ion ore sector.
Perth-based gold miner Northern Star has signed a joint venture agreement with Fortescue Metals Group to acquire non-iron ore mineral rights to what it described as "barely explored" acreage near s
Iron ore remains Western Australia’s most valuable sector despite ongoing price volatility and uncertainty, accounting for almost two-thirds of total resources sales in 2011-12, a new report has fo
Perth-based exploration company MOD Resources has appointed former managing director of nickel miner Western Areas Julian Hanna as a non-executive director and technical consultant.
Perth-based Liquefied Natural Gas Limited has announced plans to develop a $2.2 billion gas liquefaction plant in the United States, in addition to its long-running but slow-moving plan to build a
Iron ore has been BHP Billiton's highest-earning commodity for a while but the continued resurgence of the petroleum division is expected to be displayed this week.
Subiaco-based gold explorer Perseus Mining has announced the appointment of Jeff Quartermaine as its new managing director and chief executive officer.
Perth-based miner Strike Resources has announced the retirement of its managing director, Ken Hellsten, effective immediately, with non-executive director William Johnson to take the helm as execut
Perth-based mineral drilling firm Swick Mining Services has announced a record unaudited half-year revenue of $75.6 million as it prepares to expand further into North America.
A blast and subsequent shutdown of Galaxy Resources’ Chinese processing plant has cost the miner a potential $66.2 million cornerstone investment from the East China Mineral Exploration & Devel
Shares in Centaurus Metals were higher after the company said it would gain tax concessions at its Jambreiro iron ore project from a framework agreement with a state government in Brazil.
The last time I saw Sam Walsh, it was just before Christmas and he was shopping with his wife at David Jones in Claremont. As always, he had time to stop for a chat.
Sam Walsh has been promoted to the top job at Rio Tinto, effective immediately, taking over from Tom Albanese who has quit as chief executive after the miner revealed a $US14 billion writedown.
