Mining

NRW Holdings has been given the green light by Gina Rinehart's Roy Hill Holdings to commence the full work program under a $67 million contract first announced in April.

The fun started early at the annual Diggers & Dealers forum in Kalgoorlie yesterday with delegates bravely predicting a higher gold price, to which the market responded by driving the gold pric

Andrew Forrest's Fortescue Metals Group has claimed a major milestone in its efforts to spark indigenous development, announcing a series of new contracts that double its deals with Aboriginal busi

Finders Resources has secured $14 million to put towards upgrading and restarting its copper processing plant on Indonesia's Wetar Island, as well as completing a feasibility study for the Wetar co

Pilbara-focused gold miner Millennium Minerals has reported good news in a gloomy industry with a maiden profit of just over $34 million for the first half of calendar 2013.

The world's third largest gold producer AngloGold Ashanti will bring its Tropicana mine into production ahead of schedule despite pushing ahead with an overall plan to cut costs by $US500 million.

Engineering company Downer EDI has recorded an 80 per cent increase in net profit but warns the next 12 months will be challenging.

Saracen Mineral Holdings has joined the long list of gold miners taking significant financial knocks, announcing today it expects to take a one-off hit of between $75 million and $80 million due to

Mineral sands miner Iluka Resources is expanding its operations to Sri Lanka, after being granted four exploration tenements and acquiring the Sri Lanka-based holder of an additional tenement.

Shares in Rox Resources have more than doubled in value after the Perth-based explorer reported spectacular drilling results at its Reward zinc project in the Northern Territory.

Privately-owned contractor Barber Drilling laid off all of its staff on Friday, after being hit by the slowdown in the iron ore sector.

Diversified miner Straits Resources has put its Mt Muro operation in Indonesia on care and maintenance and is seeking to sell the mine as soon as possible.

Northern Star Resources has confirmed another record profit despite taking a $10 million hit on the values of its tenements and other assets over the 2013 financial year.

Mining magnate Gina Rinehart has written to two of her children, making an offer which she hopes will bring their litigation to an end, a court has heard.

Energy Minister Mike Nahan has lauded the increased transparency he expects will follow the launch today of two gas market reforms, which have raised industry concerns about added costs and excessi

A shipping container carrying lead carbonate has buckled at Fremantle Port and cannot be secured for export.

Paladin Energy has completed a heavily discounted capital raising after scrapping the sale of a stake in its flagship African uranium mine after it failed to attract a high enough bid.

Copper, gold and nickel explorer Thundelarra has unveiled a raft of new cost savings measures, including staff cutbacks and executive pay cuts, as it seeks to reduce overheads.

Andrew Forrest has condemned the naysayers who have declared China's and Australia's economic boom is all but over.

Perth-based oil and gas play LNG Limited has announced a $10 million capital raising plan to fund project approval activities at its Magnolia LNG project in Louisiana.

The number of mining industry players taking significant hits to the value of their assets continues to grow, with gold miners Alacer Gold and Silver Lake Resources joining base metals miner Wester

Mining contractor Barminco has won a three-year contract at Copper Mines of Tasmania's Mount Lyell copper gold and silver mine.

South African engineering and construction group Murray & Roberts has made a $430 million offer to win full control of Perth-based Clough, in which it already holds more than 60 per cent of the

Resolute Mining has frozen the pay of its senior management and taken a $70 million hit as weakness in international gold markets continues to hurt miners of the precious metal.

Earthmoving equipment supplier Emeco is searching for a new chief executive after Keith Gordon decided to step down.

Gold producer Ramelius Resources has flagged it is likely to record a before-tax loss of approximately $70 million for the financial year, mainly as a result of big write-downs.

Cameco Australia managing director Brian Reilly has been endorsed as president of the Chamber of Minerals and Energy of Western Australia.

Equipment hire contractor Viento Group has secured a $7 million contract with Rio Tinto for repair works to the Dampier Salt facility at Port Hedland which was damaged over cyclone season.

Rio Tinto has agreed to sell its majority stake in a New South Wales copper and gold mine to a Chinese firm.

OZ Minerals says it will take a hit of up to $240 million, largely due to lower copper and gold prices.

Galaxy Resources says it has reached the minimum subscription caveat of its $47 million million capital raising, which was first launched in May and since extended twice, two days ahead of the offe

Australia's natural gas industry says it can keep the cash flowing once the mining boom is over, but its vast potential is under threat from excess green tape and a lukewarm political reception.