Mining

Shareholders have approved a friendly $5.1 billion takeover of Nathan Tinkler's Aston Resources by Whitehaven Coal.

Sumatra Copper and Gold stocks have risen after the company released a study showing increased upside at its Tembang gold and silver project in Indonesia, and received a 20-year mining lease approv

Motorists should expect some relief at the bowser after average petrol prices hit a three-and-a-half-year high last week, an economist says.

Ivanhoe Australia says its Merlin molybdenum and rhenium project will cost $345 million to bring into production, slightly more than previous estimates.

Uranium explorer Energia Minerals has recruited Kagara founder Kim Robinson as its managing director.

If Premier Colin Barnett joins a High Court challenge to the mining tax when he doubts it will succeed then it shouldn't be funded by taxpayers, the state opposition says.

Shares in Oklo Resources fell after its results from exploration work in Mali were delayed by the recent military coup.

Engineering and property services company UGL Limited has been awarded around $370 million worth of new projects across Australia, including $270 million of resources projects.

The mining industry has attacked the federal government's mining and carbon taxes in a new advertising campaign.

The High Court of Malaysia has knocked back a request to review the recent decision to grant the rare earths miner Lynas Corporation a a temporary licence for a processing plant.

Gunson Resources has paid tribute to Western Australian mining stalwart Bryan Oliver, who passed way over the Easter break.Mr Oliver was 60 years old.

The resources sector has welcomed the state government's plan to underground a series of power lines between Perth and Newman, a move it says will reduce significant costs and delays in moving larg

Seven Group's heavy machinery company has bought the local arm of US parts and services business Bucyrus for $US400 million ($A389.39 million).

Mining billionaire Clive Palmer, who has savaged the federal government's mining tax, reportedly did not have to pay tax in his main private company last year.

Alcoa says two of its alumina refineries in Western Australia have achieved record production and remain among its lowest-cost plants globally.

Shares in Flinders Mines were sold off when its trading halt was lifted, after court action continued to hold up the iron ore explorer's $554 million takeover by a Russian steel maker.

New rules making it easier for Australian firms to tender for contracts offered by resource and construction companies will help share the benefits of the mining boom, the federal government says.

Uranium explorer Deep Yellow has announced that Leon Pretorius will leave the company after seven years as a senior executive.

Mining giant BHP Billiton is sinking its teeth into the Gulf of Mexico's Mad Dog oil field, committing $US708 million ($A692.73 million) on work for the second phase of the project.

One of the world's healthiest marine environments will be threatened by a major oil and gas drilling program just 10km off Western Australia's pristine Rowley Shoals, conservationists say.

Shares in Alumina Ltd eased after the miner's joint venture partner Alcoa said it would slash alumina production capacity to avoid adding to oversupply in the Atlantic region.

Billionaire mining magnate Clive Palmer says Australia's Foreign Investment Review Board is acting as a disincentive for investment in Australia.

Company collapses spiked 114 per cent in February in Western Australia, sparking fears the mining sector is sucking life out of non-resource related business.

The annual Diggers and Dealers mining conference may be forced to move to Perth if Kalgoorlie's conference centre is forced to close, organisers say.

Central Petroleum is in talks to attract new joint venture partners for its ambitious helium project in the Northern Territory near the South Australian border.

BC Iron and equal joint venture partner Fortescue Metals Group have extended the life of their Nullagine iron ore mine in the Pilbara by 18 months.

WHL Energy has completed a capital raising worth nearly $8 million to fund exploration at its Seychelles gas acreage off the coast of Africa.

Programmed Maintenance Services has bought golf course and race track maintenance company Turnpoint in a deal worth up to $12 million. 

World oil prices have tumbled as soaring American stockpiles indicate weak demand in the world's biggest oil consuming nation, dealers say.

Gold futures have fallen in after-market trading after the latest US Federal Open Market Committee minutes showed few hints of imminent monetary stimulus.

Nexus Energy has selected a new chief executive, appointing former Woodside Energy executive Lucio Della Martina to head up its operations.

Transfield Services shareholders are bracing themselves for a possible profit downgrade from the construction and maintenance company.