Apex Minerals is set to go to market for more funds, with its Wiluna operation expected to become cash-flow positive next month as it ramps up production to between 12,000 and 13,000 ounces of gold
Engineering and construction contractor LogiCamms has won $10 million worth of contracts for the Wiggins Island Export Terminal in Queensland and Australia-Pacific LNG.
Doray Minerals shares have risen after the gold miner announced it had finalised a $55 million funding arrangement for its Andy Well gold mine in the Murchison region.
Forge Group subsidiary Cimeco has received a notice of award for a $70 million engineering and procurement contract at Rio Tinto’s West Angelas and Brockman iron ore mines in the Pilbara.
Engineering and construction group Clough has won a key contract at Tap Oil’s Manora oil development in the Gulf of Thailand, adding a $US60 million package of works with Pearl Oil to its growing o
Macmahon Holdings is poised to cut its earnings guidance, only a month after the mining services and construction group forecast 20 per cent profit growth for fiscal 2013.
Resources Minister Martin Ferguson has backed a research report released this morning that warned the cost of delivering mining projects must be kept in check if investment plans are to b
Gold futures have eked out a new six-month high as optimism for demand remained strong in the wake of the US Federal Reserve's newest monetary-easing initiative.
Fortescue Metals Group has had a High Court win that opens the way for a further review of its access to Pilbara rail lines owned by mining giants BHP Billiton and Rio Tinto.
LinQ Resources Fund has accepted an off-market takeover bid from Singapore-based investment house IMC Resources that values the target at around $80 million.
Energy Resources of Australia says the shelving of the Olympic Dam expansion and the high costs for Japan to dump nuclear power should see uranium prices rebound strongly.
Australia has been cemented as China’s top market for business transactions, with 32 deals being done since 2011, worth a total of $US11 billion, research released today says.
Half of Western Australia's planned resources projects are teetering on the edge of oblivion, partly because of wage blow-outs, the state's former attorney-general Christian Porter warns.
Sirius Resources share price has risen a further 9 per cent this morning as the market responds to yet more positive news from the company's Nova nickel and copper discovery.
Premier Colin Barnett has defended the process behind the Environmental Protection Authority's (EPA) decision to recommend Woodside Petroleum's proposed $30 billion Kimberley gas hub.
Gina Rinehart's youngest daughter has been refused leave to seek to have her family's multimillion-dollar trust fund battle dealt with through mediation.
Beadell Resources has secured an additional $10 million in financing from Macquarie Bank as the company nears completion of construction of the processing plant at its Tucano gold mine in Brazil.
Wah Nam International is shrugging off the gloomy outlook for iron ore and pressing ahead with planning for development at its Marillana project in the Pilbara, targeting first production in 2016.
Shares in coal miner ZYL have jumped after it announced an $18 million financing arrangement for its Mbila and Kangwane Central projects in South Africa.
Iron ore and coal miner Aquila Resources has reported a net loss of $238,000 for the year ended June 30, down from a $3.1 million profit in financial year 2011.
BHP Billiton and Xstrata Coal have separately announced they will cut up to 900 coal mining jobs in response to falling commodity prices and the high Australian dollar.
The Australian Greens have proposed a five-year moratorium on coal seam gas developments so thorough research can be done to assess its impact on land and communities.
