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
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.
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
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.
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.
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.
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.
Western Australian gold producer Northern Star Resources has shrugged off a falling gold price to report record production and predicted a record profit this financial year.
Gold explorer Gryphon Minerals has slashed costs and retrenched most of its employees, as it seeks to preserve cash ahead of the development of its West Africa gold project.
US-based gold miner Newmont Mining is slashing its corporate workforce by a third after writing down the value of its Western Australian mines by $US1.5 billion, amid weak conditions in internation
China-backed Norton Gold Fields has just about wrapped up its all-scrip takeover of Kalgoorlie Mining Company, declaring its bid is now free from all conditions.
Mining giants BHP Billiton and its partners, including Rio Tinto, will spend $US3 billion ($A3.2 billion) to build a new seawater desalination plant at the Escondida mine in Chile.
When the chief executive of an ASX-listed company is getting paid an annual salary of only $110,000, it's a sure sign that money is tight. But not for all, as Business News' quarterly CEO salary survey reveals.
Low emissions power company Enerji is in discussions with four potential new clients after announcing its inaugural pilot plant had produced electricity for the first time, its new chief executive
A mining industry representative group says a new tax credit needs to be created for Australian miners to ensure the successful development of new mining operations.
Shares in St Barbara dropped heavily on the ASX today after the gold miner said its Pacific operations did not reach production targets for financial year 2013.
Heron Resources has signed an agreement with Kewdale engineering group Simulus to use its unique metallurgical testing processes, with a view of making the Kalgoorlie nickel project more economical
