Construction and contracting group VDM says it expects to build on positive momentum built in the second half of the 2012 financial year, after lodging an annual loss of $54.8 million.
Fabrication and construction company AusGroup says added to a string of contractors reporting strong profit growth on the back of resource sector construction projects.
Fortescue Metals Group chairman Andrew Forrest has spent nearly $39 million in two days increasing his shareholding in the mining company he founded, as its shares and iron ore prices plunge.
The federal government is calling for an investigation into whether Opposition Leader Tony Abbott misled parliament when he claimed to have read BHP Billiton statements about the scrapping of the O
MacPhersons Resources has raised an additional $4 million for exploration at its Nimbus silver project near Kalgoorlie, following on from securing an $8.6 million investment from USA-based RK Mine
Environmental groups have welcomed new rules for hydraulic fracturing, or 'fracking', introduced today by the state government, but have stopped short of throwing their full support behind the new
PMI Gold Corporation says it is set to make a final investment decision at its Obotan gold project in West Africa in the fourth quarter of 2012, after releasing a feasibility study today which put
Shares in Terranova Minerals shot up on the ASX today, after the Perth-based exploration company announced the acquisition of the 3 million ounce Manica gold project in Mozambique in a cash and scr
Perth-based gold play Strickland Resources is repositioning itself as a Brazil-focused exploration company, after announcing the acquisition of Orinoco Resources and launching a $2.7 million capita
Sumatra Copper & Gold has raised $3.78 million through a share placement, with Australian investment house Provident Capital Partners emerging as a cornerstone investor.
Foreign Minister Bob Carr says he's comfortable sharing a conference stage with a Congolese minister who has been probed by French authorities for alleged human rights abuses.
Panoramic Resources has lodged an $18.2 million loss for the 12 months to June 30, as the falling nickel price and tough market conditions combined with a fall in the value of the company’s investm
Mining services group Ausdrill has reported a record net profit of $112.2 million for the 12 months to June 30, a 53 per cent jump the company said was the result of its expanded service offering.
Australian oil and gas producer ROC Oil has continued its positive run, booking a $US28.6 million ($A27.69 million) net profit for the first half of the year.
Engineering firm WorleyParsons has posted an improved underlying full year profit despite the impact of uncertain economic conditions and the high Australian dollar.
Ramelius Resources has lodged a $2.3 million profit, after revenue from gold sales slipped from $147.6 million in financial year 2011 to $84.1 million in FY2012.
Shares in Seven Group Holdings have risen five per cent after the media and earthmoving-machinery company said strong activity in the resources sector was likely to continue.
Ausdrill has completed its acquisition of the Best Tractor Parts Group, announcing today it has agreed to pay $165 million for the earthmoving and tractor equipment retailer.
Caltex Australia has played down the strong turnaround for its refining business that it plans to partially close, after the company posted a big rise in profits.
Swick Mining Services is targeting the Australia-Pacific region and North America for further growth, after lodging a significant jump in net profit for the 2012 financial year.
The administrators for collapsed miner Kagara have appointed PCF Capital to sell the company’s north Queensland assets, while Rothschild Australia will co-ordinate the sale of the Admiral Bay zinc-
