Gold producer Resolute Mining is the latest miner to feel the crunch of the falling gold price, deferring $US113 million of spending at its Syama gold mine in west Africa and reviewing its operatio
Community opposition to coal seam gas projects in NSW has forced mining giant Santos to trim its operations, environmentalists and local activists say.
Kerry Stokes' Seven Group Holdings says WesTrac will slash 350 jobs as difficult conditions in the resources sector take their toll on the mining equipment distributor.
Brockman Mining says the price it should pay for access to Fortescue Metals Group's Pilbara railway should be no more than 88 cents per tonne, a fraction of previous estimates by FMG.
Difficult to define but becoming impossible to ignore, the Australian METS sector – made up of mining equipment, technology and services companies – has emerged from the mining boom as a leader in
Major investments in Latin America by some of the world's biggest miners have provided a number of mining services companies with the opportunity to get a toehold in the region.
Troy Resources will slash the pay of its senior management, cut its exploration budget and jobs will be lost in Perth and South America, as the gold miner looks to restructure on the back of the fa
Prime Minister Kevin Rudd's comments about an end to the mining boom are destructive and could be self-fulfilling, the chairman of iron ore exporter Atlas Iron says.
Struggling lithium miner Galaxy Resources has appointed First Quantum Minerals co-founder Martin Rowley to a special management committee tasked with overseeing a review of the company's operations
Perth companies GR Engineering and Aspen Group have announced new leadership, with GR founder Joe Ricciardo moving into a new role and Aspen recruiting a former Valad Property Group executive.
Opposition Leader Tony Abbott has laid out a coalition government's plan for the resources sector while mocking the government's controversial mining tax as an act of "economic self-harm".
Shares in Moly Mines have surged more than 20 per cent after the company agreed to sell output from its producing iron ore mine in the Pilbara to fellow miner Mineral Resources for about $38 millio
Federal resources minister Gary Gray is confident Australia will remain a major supplier of metal and minerals commodities, especially to South-East Asia.
The state government will pay more for gas from Chevron's Gorgon project than from the North West Shelf, but says the increase won't all be passed on to consumers.
Gold futures have extended recent losses to set a 33-month low, as a string of stronger US economic data bolstered equities and dampened interest in safe-haven assets like precious metals.
While the federal treasurer believes Australia should become the world's largest liquefied natural gas exporter by the end of the decade, an industry insider says high production costs are putting
Construction contractor AusGroup has taken legal action against Mid West iron ore miner Karara Mining, suing the joint venture today after securing an injunction in secret hearings yesterday to pre
Erongo Energy announced today that it would acquire the unlisted company Ninghan Exploration and appoint ex-Perseus Mining Managing Director, Mark Calderwood, to its board.
