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.
Open pit mining is set to commence at Gindalbie's $2.57 billion Karara iron ore project in the Mid West, after Downer EDI signed a $570 million mining services contract.
Perth-based exploration junior ElDore Mining has announced a major gold mine acquisition in Zimbabwe, that it says paves the way for it to become a significant producer in 2012.
Prime Minister Julia Gillard is wary of an economy where the only signs of strength are in the mining sector, after hundreds of jobs were slashed in the banking and manufacturing sectors.
Ausdrill managing director Ron Sayers and his business associate, Barminco founder Peter Bartlett, have been charged with fraud over events that occurred nearly ten years ago.
Coretrack is planning to wind down its Globe Drill business after disclosing a legal dispute over its license agreement and poor performance of its GT3000 drill rig.
Mongolia-focused Xanadu Mines says it seeks to partially sell or completely divest its thermal coal assets in the Asian nation as it simplifies itself into a copper and gold play there.
IronClad Mining says it will ramp up construction at its Wilcherry Hill iron ore joint venture, after signing a four-year offtake agreement with a Chinese firm.
BHP Billiton and its partners have committed $US917 million ($A866 million) to a port project that could increase its Western Australian iron ore exports by 100 million tonnes each year.
Rio Tinto says it will take a controlling stake in South African mineral sands miner Richards Bay Minerals (RBM) through the acquisition of BHP Billiton's 37 per cent interest for an undisclosed su
Beleaguered uranium miner Energy Resources Australia says its 2012 production remains highly dependent on the amount of rain in the Northern Territory during this year's wet season.
Santos' Wortel operation in Indonesia has produced its first gas, the fourth project in the company's base business to begin output in the past eight months.
Norwegian group Yara International has secured control of Burrup Fertilisers after striking a deal with Apache Energy that will see them become joint owners of the business, while also disclosing t
BHP Billiton may cut up to 155 jobs from its Nickel West business as it curbs activity and restructures roles in reaction to a depressed nickel price and a strong Australian dollar.
Tenix and a joint venture partnership between Theiss and Black & Veatch have been shortlisted for the South Hedland and Karratha wastewater works contract.
More than 25 per cent of all construction in Australia is occurring in Western Australia, where almost $90 billion worth of mining, energy and infrastructure projects are currently underway.
Oil and gas producer AWE is on track to meet its full-year production and revenue targets, while it has lowered its risk exposure to the troubled BassGas project.
Engineering and contracting group Monadelphous has won two new contracts worth a combined $180 million with Rio Tinto and Chevron, a week after announcing it would exceed its initial profit gu
Engineering and construction firm Clough has announced that its Clough Curtain joint venture has won work orders worth around $145 million on the PNG LNG project in Papua New Guinea.
Western Australia's Chamber of Minerals and Energy has predicted investment in the state's resources sector to continue at pace, driving the state's Gross State Product up 4.3 per cent in 2011-12,
Perth-based oil and gas junior WHL Energy says it is continuing to receive unsolicited interest from international firms looking to farm into its Seychelles exploration acreage off the coast of Afr
Shares in base metals and gold miner Bass Metals have been suspended from trading as it may not be able to meet debt repayments amid concerns its Tasmanian operations are becoming financially margi
Silver Lake Resources has is planning a third gold production base in Western Australia, after annoucing an agreement to acquire the Phillips River Mining's Great Southern gold tenements by wa
