Santos says it plans to hold on to its Barossa and Caldita gas fields in the Timor Sea, saying they provide a long-term option to feed the established Darwin LNG plant.
Energy giants Shell and Woodside have snapped up the lion's share of petroleum exploration permits which will see more than $300 million of investment in waters off Western Australia.
Key independent MP Tony Windsor says he is more than likely to support the government's proposed minerals resource rent tax when the bill enters parliament next week.
Federal Labor's mining tax is on the table for debate next week but is not yet a done deal as talks with crossbench independent MPs continue, Treasurer Wayne Swan says.
One day after being praised by chairman Geoff Hill at the company's annual meeting, iron ore miner Mount Gibson Iron has announced that managing director Luke Tonkin will step down from the role.
Construction firm Diploma Group has signed a joint venture agreement with privately owned construction and earthworks company Matera 3 to stimulate indigenous employment opportunities in the buildi
Perth-based oil and gas explorer Jacka Resources has appointed a new chairman in former Hardman Resources director Scott Spencer, to replace the outgoing Brett Smith.
Mount Gibson Iron has announced the appointment of two new directors as the company's board grapples with a continuing rift over the independence of its chairman Geoff Hill.
Gold and iron ore explorer Vector Resources has raised $4 million through a share placement priced at 8 cents per share, to continue its exploration programs in Western Australia.
Development giant Mirvac has been selected as the state government's preferred proponent to commence a $1.5 billion redevelopment of Karratha, including a new town centre and a 1,500-dwelling coast
Gindalbie Metals has completed negotiations for the last key infrastructure deals required for the development of its Karara iron ore mine, signing two key rail contracts with QR National and Brook
Australia's middle-ranked miners are sitting on a $7.6 billion cash mountain after tapping shareholders for funds, leaving them better placed to weather the volatile share market.
Fund manager Perpetual has allocated a fifth of its resources portfolio to offshore investments as it seeks attractively priced stocks amid global volatility and uncertainty.
The federal government's move to lift a ban on uranium sales to India has boosted uranium stocks, but share prices are still well below the levels before the Fukushima nuclear crisis.
Elders has posted a $395.4 million annual loss but said its underlying performance had improved and forecast an improved performance for the current fiscal year.
Prime Minister Julia Gillard is pleased with an APEC leaders' agreement to slash the region's energy intensity and cut tariffs on environmental products.
Uranium miner Paladin Energy has posted a much bigger net loss for the September quarter than a year earlier after booking an impairment charge for its Kayelekera mine in Malawi.
Rail operator QR National has signed a deal with Wesfarmers to haul up to 1.5 million tonnes of coal each year from its Curragh mine in Queensland to port.
Leighton Holdings has reaffirmed it will return to profitability this financial year with a profit of a much as $650 million as it tenders for $27 billion worth of work.
Carbon forest sink company Carbon Conscious will plant about 10 million native Mallee eucalypt trees the Wheatbelt next year, after Origin Energy exercised about $30 million worth of planting optio
