Mining

The cost of a liquified natural gas project in Papua New Guinea part-owned by Santos and Oil Search has increased by $US3.3 billion to $US19 billion.

Building and construction contractor AusGroup is expecting sustained demand for its services after announcing a 101 per cent jump in first quarter earnings.

Northern Minerals has completed a $5 million share placement to fund development of the Browns Range heavy rare earths project in the Northern Territory.

Shareholders in gold producer Regis Resources are set to begin reaping rewards from the company’s progress with it announcing intentions to pay a maiden dividend next year.

Analysts remain unimpressed by rare earths miner Lynas's financial position despite this week's legal win that will allow it to operate a rare earths plant in Malaysia.

Weaker commodity prices and a high exchange rate have dealt a double whammy to Australia's mining sector, making companies less willing to invest, and driving expectations for domestic growth lower

Nickel miner Albidon is reviewing its Munali development in southern Zambia after announcing a 42 per cent plunge in  the project's nickel resource.

Supporters of the Oakajee Port & Rail project were insisting today the ambitious development was not dead, after its owner Mitsubishi cut spending and two thirds of its staff were abolished.

Brian Gilbertson's Jupiter Mines has frozen spending at its Mount Ida magnetite project, after preliminary estimates from a feasibility study indicated the mine would cost more to develop and opera

The Australian stock exchange has finalised new requirements for mining and oil and gas companies to report their resources and reserves.

Mining contractor Macmahon Holdings says it has reached a termination agreement with its former chief executive Nick Bowen valued at more than $380,000.

Noble Mineral Resources has been forced to accept an $85 million financing offer from Resolute Mining after its preferred proposal from Chinese group Zhongrun Mining Investment fell short of gainin

Shares in Lynas Corporation surged in late trade after a Malaysian court paved the way for the company to begin operating a controversial rare earths processing plant.

Uranium prices would need to be more than double their current level before a new mine becomes commercially viable, Paladin Energy declared today, as it announced major cost cutting measures.

BHP Billiton has confirmed that the global mining giant is preparing for the departure of chief executive Marius Kloppers by preparing a succession plan.

Buru Energy and its partner Mitsubishi Corporation have signed the first-ever State Agreement covering onshore gas exploration, to support the develoment of their expansive tenements in the Canning

Downer EDI shares have soared more than seven per cent after the engineering firm said it was on track to achieve its full-year profit expectations.

The administrators for the Bluewaters power stations have confirmed the exchange of sales contracts with two major Japanese energy corporations, 18 months after announcing an initial sale agreement

The Federal Court has made a ruling in favour of traditional owners following a five-year native title dispute with miners in the Pilbara.

Macmahon Holdings has apologised to shareholders for its recent earnings downgrade, as the mining contractor undertakes a review of costs and construction projects.

Image Resources has announced a plan to raise $7 million to fund a feasibility study for its North Perth Basin mineral sands project.

Labour costs in Western Australia's mining industry remain high, despite commodity price falls and a slow down in the sector, the world's second biggest gold miner says.

Central Petroleum has signed a $190 million deal with oil and gas giant Total to explore for shale gas in central Australia.

Engineering company Monadelphous Group has been awarded a $100 million contract to construct the coal handling plant for the BHP Billiton Mitsubishi Alliance Caval Ridge Mine Project.

Gold mining giant Newmont has appointed a new head of Asia Pacific, downgraded its production outlook for the Boddington gold mine and deferred the expansion of its Tanami project, as it begins a g

Debt laden mining company Atlantic has managed to convince most of the investors in its convertible notes that it should be allowed to spend money currently held in cash reserves on the ramp up of

Centaurus Metals says it is on track to make a final investment decision regarding its Brazilian Jambreiro iron ore development early next year, after releasing a study that says the project will c

The price of petrol is tipped to fall by up to four cents a litre in the next fortnight, after a similar fall last week.

Gold miner Apex Minerals has fallen way short in its attempts to raise nearly $9 million to repay its debts and boost working capital, announcing this afternoon that shareholders had applied for ju

Northern Iron shares have plunged by more than 30 per cent after a would-be suitor withdrew its takeover offer for the company.

Lithium producer Galaxy Resources has received Chinese backing for an $81 million capital raising, which it will use to reduce its debts and progress development at the Sal de Vida lithium mine in

Hanlong Africa Mining has secured a fresh round of finance from a Chinese bank to fund its acquisition of Sundance Resources, the takeover target says.