Drilling services company Boart Longyear has released its third earnings downgrade in nine months, saying demand for its services has continued to weaken because mining companies are scaling back o
Almost $141 million has been wiped from the value of diversified contractor Transfield Services as cost cutting in the mining sector hit its earnings outlook.
Look carefully through the gloom of a sputtering local economy, mine closures, ballooning state debt and rising unemployment and you might catch a glimpse of the first signs of next year's recovery
Embattled lithium producer Galaxy Resources has announced a deeply discounted $47 million rights issue to give the company a much needed cash injection.
Shares in Santos closed 1.6 per cent higher after the company said oil production started ahead of schedule at its $490 million Fletcher Finucane project off the West Australian coast.
Construction giant Leighton Holdings says it's not concerned about the recent woes of mining services companies due to its diverse business interests and cyclical nature of the industry.
Geraldton-based earthmoving and mining contractor Central Earthmoving has expanded its operational capacity through the take-over of a local mulching company and the acquisition of new machinery.
Iron Ore Holdings' proposal for an innovative port development south-west of Dampier has received conditional approval from the Environmental Protection Authority.
Viento Group's new contracting business, established with a group of former NRW Holdings executives, has won its first major contract at Fortescue Metals Group's Solomon project.
Perth-based Marengo Mining's proposed Yandera project in Papua New Guinea is facing a delay due to a third-party power provider withdrawing from proposed power supply arrangements.
Australia's richest woman, Gina Rinehart, has drawn criticism from Prime Minister Julia Gillard after saying Australia would face the same problems as Greece if support for the mining industry was
IT'S easy to get excited about what's happening in the fast-moving world of currency values but it's wrong to describe what's happening as a ‘war', because it's not; what's going on is simply econo
Junior mining stocks Crest Minerals and Avalon Minerals have announced they will not be proceeding with planned acquisitions, after failing to get the backing of investors.
Western Australian firm Forge Group has been awarded a contract to design and construct a zinc-lead-silver concentrator and associated plant facilities at MMG's Dugald River project in Queensland.
Shares in engineering giant WorleyParsons plunged to four-year lows after it blamed a slowdown in Western Australia's mining industry for a profit downgrade.
Aspiring iron ore miner Brockman Mining has submitted a proposal to gain access to rail infrastructure built by Fortescue Metals Group, setting up competition between two infrastructure providers i
The proposed Anketell Point port project in the Pilbara, which is unlikely to proceed for the foreseeable future, has been approved by federal Environment Minister Tony Burke, subject to 45 strict
Research consultants Wood Mackenzie have predicted that investment across Australia's resource sector will be at record levels over the next three years.
UGL and Sedgeman have joined the growing list of engineering and mining services companies forced to slash costs in response to a slowdown in project work.
Perth-based gold explorer Red Mountain Mining is seeking to raise up to $2.8 million for drilling operations designed to increase the gold resource of its Batangas gold project in the Philippines.
Mining giant BHP Billiton has said that its exploration and capital expenditure for the 2014 financial year will decline significantly to approximately $18 billion as the company looks to reduce co
The shale gas industry doesn't stack up commercially and companies that have invested in the sector are following a herd mentality, Woodside managing director Peter Coleman said today.
