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.
Perseus Mining shares have tanked in early trade after the miner said late yesterday that production from its Ghanaian gold operations would come in below its forecasts.
Federal Treasurer Wayne Swan says a falling Australian dollar should help the transition from mining investment to broader-based growth in the economy.
Gold, silver and platinum have slumped to multi-year lows as investors dump the precious metals on the belief that rising US interest rates and a cash crunch in China will limit demand.
The slowing of the mining boom and public sector cuts will lead to a dramatic drop in the number of new homes being built in parts of Australia, according to a new report.
The outlook for Aquila Resources' Queensland coal project appears gloomy with the company admitting it has revised its work plan and reduced the workforce.