Alumina producer Alcoa of Australia has revealed it's cutting dozens of jobs from its local operations and pushing all of its contractors to slash their rates by 12 per cent.
Vanadium producer Atlantic has secured a further $11.75 million in unsecured funding from its biggest shareholder, Droxford International, the latest in a series of cash injections to sustain its working capital.
The economic green shoots that boosted Iluka Resources' hopes of a recovering mineral sands market earlier this year have shrivelled, with the miner recording weaker quarterly revenue.
Humphrey Hale has stepped down as managing director at Wolf Minerals Limited, while former Grange Resources managing director Russell Clark will take over the position effective today.
Oil prices have fallen as US lawmakers remained deadlocked over a budget and debt ceiling deal and as negotiations began on Iran's nuclear program in Geneva.
Global miner Rio Tinto is confident of hitting its 2013 iron ore production target of 265 million tonnes, after achieving further growth in the September quarter.
Mindax says it is a step closer towards developing its Mt Forrest iron ore project on the back of a binding joint venture agreement worth up to $52 million with Hong Kong-based investment company Perpetual Mining Holding.
Range Resources says it may no longer proceed with a planned $105 million takeover of International Petroleum in the wake of the oil and gas explorer selling its assets in Russia and Kazakhstan.
MZI Resources says it is in discussions with finance providers following news that one of the two lead arranging banks appointed to provide debt funding for its Keysbrook mineral sands project has withdrawn from the process.
Mining billionaire Andrew Forrest has further enhanced his credentials as one of the nation's leading philanthropists with a pledge of $65 million to Western Australia's universities.
Macmahon Holdings has written to shareholders urging them to vote in favour of the company's remuneration report, to ensure it does not incur a ‘second strike'.
Former BHP Billiton Petroleum chief executive Michael Yeager has been appointed as chief executive and chairman of US-focused Maverick Drilling and Exploration.
Copper, gold and nickel explorer Thundelarra has launched legal action against a tenement holder in the Mid West who it claims has refused to comply with the terms of an earn-in arrangement.
Rio Tinto has sold a rare Argyle diamond for a record $2 million as overseas buyers snapped up dozens of precious stones in this year's Pink Diamonds Tender.
Gindalbie Metals has appointed former Rio Tinto executive Dale Harris as its new managing director to succeed the departing Tim Netscher on a package that is about half of what his predecessor received.
Gold futures have slumped to a three-month low as the belief that US political leaders would reach a compromise to raise the country's borrowing limit reduced demand for a rainy-day asset.
Perth auditor Kevin Somes has been reappointed as chairman of Subiaco-based Great Western Exploration after he was acquitted of charges brought against him by the corporate watchdog.
Former UWA graduate Russell Waugh has stepped down as head of UGL's engineering business amid allegations he was aware of bribery and corruption during his time as an executive at Leighton Holdings.
Recent discussion of the transition from mining investment to mining harvest in Australia led me to revisit some work I did two years ago on the nature of the economic shock to the Australian econo
