Mining

Former Mount Gibson Iron chief executive Luke Tonkin is taking the helm of gold hopeful Reed Resources.

Newcrest Mining has cut its forecasts for gold and copper production for 2012 after carrying out a major review of its operations.

Paladin Energy has announced it is seeking to raise $US225 million to cover its debts, through the issue of convertible bonds.

Hong Kong-listed Wah Nam International has extended its takeover offer for iron ore explorer Brockman Resources as it seeks to take control of all remaining shares.

Key independent MP Tony Windsor says he is unlikely to support a rumoured change to the diesel fuel rebate in the May budget.

Industrial services company Spotless remains in talks with its private equity suitor, with a deal still not guaranteed.

Shares in industrial equipment maker Bradken plummeted after it cut its profit guidance due to increased costs and lower sales at its rail division.

BGC Contracting has won a $120 million contract to construct an airstrip and internal roads for Hancock Prospecting's Roy Hill project in the Pilbara.

Gina Rinehart has lost a bid to have her children's multibillion-dollar family trust claim dealt with through confidential mediation and not in open court.

Leighton Holdings subsidiary Thiess will undertake site preparation work at the Chevron-operated Wheatstone gas project in WA after winning a $450 million contract.

Climate change sceptic Ian Plimer has stepped in as chairman of Ivanhoe Australia, replacing Canadian billionaire Robert Friedland who quit the gold and copper miner following a power tussle w

Fortescue Metals Group says axing the federal government's diesel fuel rebate for miners will cost the company up to $US150 million ($A145.30 million) a year.

Andrew Forrest has stepped up his battle with the federal government over the mining tax by releasing details of a compromise package he says was negotiated with former prime minister Kevin Rudd.

Perth-based mining contractor NRW Holdings has won $125 million worth of Pilbara contracts with Rio Tinto's Hamersley Iron.

Mining giant BHP has denied it's recruiting contract employees to replace retrenched union workers for a Queensland coal mine it closed.

Fortescue Metals Group's third quarter iron ore production fell below guidance as a result of cyclones in Western Australia.

Oil and gas producer Santos has maintained its full year production target after lifting its first quarter production and sales revenue.

Woodside Petroleum's first quarter revenue is up 20 per cent to $US1.2 billion, despite a 10 per cent fall in production due to the impact of cyclones.

Prime Minister Julia Gillard has accused mining magnate Andrew Forrest of peddling "rehashed old nonsense" about finalising an agreement with Kevin Rudd on a revised mining tax deal in 2010.

Nickel miner Mincor Resources has reported a lift in third quarter output and says it is on track to meet its full year production targets.

Shares in Grange Resources rose after the iron ore pellet producer reported an improvement in first quarter production from its Savage River mine in Tasmania.

Japan's Chubu Electric Power Company has inked a non-binding deal with Chevron to buy liquefied natural gas (LNG) from the US energy giant's Wheatstone project.

Perseus Mining says it is on track to deliver on its gold production targets for the June quarter.

BHP Billiton's latest production figures have exceeded those announced by rival Rio Tinto yesterday, driven by record production in the Pilbara, but the miner warns that the effect strikes at its Q

Fortescue Metals Group founder Andrew Forrest says the government needs to build a deeper relationship with China otherwise Australia risks losing opportunities with the Asian superpower.

Greedy landlords, including the state government, are forcing housing and living costs up across the state's resource-rich regions, harming productivity, iron-ore miner Fortescue Metals Group

Perth-based oil and gas explorer Strike Energy shares have jumped after the company reported drilling results that exceeded expectations from its latest round of exploration in South Australia's Co

BC Iron has reported record tonnes mined and shipped for the three months ending March 31, with the Perth-based miner saying it is on track to ship more than 3.5 million tonnes of iron ore over fin

Rio Tinto's lucrative copper unit has taken a hit, booking an 18 per cent slide in first quarter output, but the mining giant's cash-cow commodity, iron ore, once again has come to the rescue.

Rio Tinto will spend more than $300 million renewing and expanding the town of Wickham to support its iron ore production expansion.

The mining industry says fly-in fly-out work practices ensure the resources sector is supplied with the right skill sets necessary for expansion, and has tipped a further increase in the practice,

Private equity firm KKR will benefit from economies of scale if it buys diamond assets being offloaded by mining giants BHP Billiton and Rio Tinto, an analyst says.