BC Iron managing director Mike Young has come out in support of Gina Rinehart and accused the federal government of twisting the Western Australian mining magnate's words.
Iron Road's cornerstone shareholder, The Sentient Group, has had to take up the lion’s share of the company's $40 million entitlement issue, after existing retail shareholders subscribed for just 8
The value of Western Australia’s listed companies was largely flat in August, despite growing concerns regarding the health of the energy and resources sector, new research says.
Gold miner Regis Resources is looking to consolidate on a solid financial 2012, after recording a $68 million net profit on the back of a 58 per cent spike in revenue from gold sales.
Shares in mineral sands miner Lynas Corporation have surged by more than 40 per cent after the rare earths miner was granted a temporary licence for its controversial rare earths refinery in Malays
NRW Holdings says Fortescue Metals Group's decision to defer $1.6 billion of capital expenditure in the Pilbara will result in a $100 million hit to its revenue.
Climate Change Minister Greg Combet has defended $5.5 billion in compensation being paid to the country's dirtiest power stations and dismissed a report that claims coal generators will actually be
The US Justice Department has has accused oil giant BP of "gross negligence and willful misconduct" in the massive 2010 Gulf of Mexico oil spill, court documents show.
BHP Billiton will push ahead with its $US1 billion ($A981.98 million) Eagle Ford petroleum expansion in Texas as it aims to boost worldwide production levels by eight per cent.
Australia's principal federal political leaders have rejected Gina Rinehart's suggestion local wages are too high and are holding back the nation's competitiveness.
Macmahon Holdings has become the latest WA-based engineering and construction contractor to say Fortescue Metals Group's deferall of expansion plans will have little to no effect on its bottom line
Chalice Gold Mines is cashed up and on the lookout for acquisitions after completing the sale of its Zara gold project in Eritrea to China’s SFECO Group and the Eritrean National Mining Corporation
Shares in Fortescue Metals Group hit a three-year low today, despite the iron ore miner offloading the power station at its Solomon mine in the Pilbara for $US300 million ($A294 million).
The state government has a $7.5 billion black hole in pre-election commitments that it will find harder to plug because of falling iron ore royalties, the Labor opposition says.
Breakaway Resources has signed a joint venture agreement worth $8 million with Sandfire Resources, to explore the Altia base metals project in north-west Queensland.
Prime Minister Julia Gillard has urged the mining industry to recruit Australians willing to work on projects rather than bring in temporary skilled migrants.
Petrol prices appear to have topped out after rising sharply over the past few months to a 13-week high, and could ease a little further over the next couple of weeks, Commonwealth Securities says.
Hancock Prospecting chair Gina Rinehart caused a stir last week when she suggested the minimum wage be cut and called for people who are jealous of the wealthy to socialise less and work harder.
The Thai state-owned company responsible for the Montara oil spill off the coast of Western Australia three years ago has been fined $510,000 for its actions in relation to the disas
Neptune Marine has lodged a net loss of $39.9 million for the year ended June 30, after taking a goodwill impairment to the tune of $35 million following a review of the performance of its individu
Iron ore miner Grange Resources has become the latest miner to report it will be unaffected by the federal government’s mineral resource rent tax, after reporting a solid net profit for the half ye
Takeover target and energy infrastructure investor Hastings Diversified Utilities Fund (HDF) says domestic demand for gas has softened, but long-term demand prospects are good.
