Andrew Forrest's Fortescue Metals Group will pay Iron Ore Holdings $25 million for the exclusive option to mine the Iron Valley and Weelli Wolli tenements in the central Pilbara, in a deal that cou
Environmental services firm Cardno has won a $22 million contract to help provide major infrastructure upgrades at several Rio Tinto iron ore mines in Western Australia.
Murchison Metals shareholders have backed the sale of key assets to the company's equal joint venture partner, Japan's Mitsubishi, clearing the way for the $325 million deal to proceed.
Tap Oil has washed its hands of any exposure to legal action surrounding the Harriet gas joint venture, selling its 12.2 per cent stake to a subsidiary of Apache Corporation for $10 million.
Former Perth fertiliser tycoon Pankaj Oswal is facing a contempt of court charge for allegedly releasing confidential information to the press about the receivers appointed to Burrup Fertilisers.
Minerals explorer Sheffield Minerals has launched a $10 million capital raising to fund drilling and exploration programs at its Dampier Zircon and Enneabba mineral sands projects.
Doray Minerals has announced an in-principle native title agreement it says will pave the way for the company to be granted a mining lease over its Andy Well gold project in the Murchison.
Subsea services provider Fugro TSM has won a $100 million-plus contract with Woodside Energy at the North West Shelf project off the coast of Western Australia.
Newcrest Mining has forecast a continuing strength in the gold price after reporting a record high first half profit, driven by stronger gold, silver and copper sales.
Rio Tinto has booked a 59 per cent slump in full year net profit due mainly to a writedown of its aluminium business, but underlying earnings jumped eleven per cent.
Gold explorer Westgold Resources has moved to secure up to $80 million in debt funding to help pay for development of its Central Murchison project in Western Australia.
The Australian Greens have again urged federal Labor to increase its proposed mining tax, to better protect industries struggling under the weight of the high Australian dollar.
Leighton Holdings subsidiary Thiess has won a $180 million contract for work at BHP Billiton Mitsubishi Alliance's (BMA) Caval Ridge coal mine in Queensland.
The state's environmental umpire has given its conditional approval to Fortescue Metals Group's plans to expand its Cloudbreak iron ore mine in the Pilbara.
BHP Billiton chief executive Marius Kloppers has blamed complex Labor workplace laws for creating the conditions for current strike action at the company's coal operations.
Rio Tinto has again demonstrated its faith in Asia's growing demand for iron ore by committing $US3.4 billion ($A3.2 billion) to expand its operations in Western Australia's Pilbara region.
BHP Billiton's first-half profit has fallen by 5.5 per cent to $US9.941 billion ($A9.3 billion), due to lower commodity prices and some production constraints.
Swiss mining giant Xstrata has booked a 12 per cent jump in attributable profit for calendar 2011 to a record $US5.78 billion ($5.41 billion) due to increased production volumes, cost savings and h
Engineering and construction company Clough has won a $140 million contract for work on Inpex's $US34 billion ($A31.82 billion) Ichthys liquefied natural gas (LNG) project.
South African miner Exxaro Resources is 27 per cent shy of reaching the minimum acceptance level in its $338 million take-over bid for Perth-based iron ore explorer African Iron, with one week left
Gold miner Ramelius Resources says it is on track to begin full production at its Mt Magnet mine in March.Shares in Ramelius finished up 2.5 cents, or 2.25 per cent, at $1.135.
Monadelphous has sold its stake in fellow engineering, construction and contracting company Norfolk Group for $24.4 million, reaping a tidy profit in the process.
