Mining

Striking phosphate miners on Western Australia's remote Christmas Island are threatening to turn the tables on their employer by closing the mine and buying it back.

Treasurer Wayne Swan has urged his Asia-Pacific counterparts to waste no time implementing economic reforms necessary to prevent the sort of turbulence that has gripped Europe.

The Association of Mining and Exploration companies has welcomed the Senate's decision to send the minerals resource rent tax legislation to a Senate Economics Committee, on the same day it launche

Gindalbie Metals' timeline for its flagship Karara iron ore project in Western Australia has slipped but the $2.57 billion development cost remains the same.

Mutiny Gold says it has signed an $11 million project loan and hedging facility to fund the acquisition of the final 30 per cent stake in the Gullewa tenements and a feasibility study for its Defle

The benefits of the mining boom have peaked and the federal government must abandon its commitment to a budget surplus by 2012/13, a new study says.

Fortescue Metals Group says the iron ore price has bottomed out for the moment and demand from Chinese steel mills remains high.

An Aboriginal corporation has been denied the opportunity to speak at Fortescue Metals Group's annual general meeting.

Queensland-based engineering firm Intelara has opened a Perth office, in response to rising demand for its services in Western Australia.

Andrew Forrest-chaired Poseidon Nickel has asked the state government to allow the explorer to re-start mining at the Mount Windarra project in Western Australia.

Monthly trade figures usually prompt talk of coal, iron ore and the like, but this focus on minerals is a distraction from another important element of the trade data.

Seven Group says the current uncertainty in global markets may prompt the media and earthmoving equipment company to consider further impairment charges on its investments.

The leaders of Australia's energy and electricity companies have welcomed the new carbon pricing scheme, saying it might reduce rather than increase their costs.

Environmentally sustainable design consultancy Cundall has opened a Perth office, appointing Perth-based expert Mark Pitman to head up the operation.

Recent trade figures reflect the continuing strength bolstered by the mining sector, economists say.

The federal government is talking up its efforts to achieve uniform rules on coal seam gas mining to protect the environment.

Privately-owned engineering and contracting company Calibre Global has announced its fifth acquisiton in the past two years, with the purchase of Melbourne-based infrastructure servi

Private Perth company Strategic Marine has announced it will establish a maintenance and servicing facility in Karratha.

Accounting firm BDO has released updated modelling on the impact of the Minerals Resource Rent Tax (MRRT) which it said confirms that smaller miners will pay a higher rate of tax than the country's

UPDATE: Fortescue Metals Group has vehemently denied claims from a native title group that it is operating unlawfully with regards to Aboriginal heritage at one of its Pilbara mines.

Evolution Mining says one of its four Australian gold mines may beat its full year production forecast, but two could fall short.

Ramelius Resources says it will launch a $15 million share purchase plan after completing a $40 million placement to institutional investors.

Copper and gold explorer Sandfire Resources has signed a sales deal with a private Swiss commodity trading company for product from its DeGrussa project in Western Australia.

Environment Minister Bill Marmion says he will not be rushed into a decision on the Vasse Coal mining proposal after receiving the independent Appeal Committee's report on the matter.

Rio Tinto chairman Jan Du Plessis says he can't see European leaders coming up with a sustainable solution to the region's financial problems.

Perth-based junior gold explorer Peel Mining says it has been awarded two exploration permits in Central Otago, New Zealand.

Skywest has announced a new charter contract with BHP Billiton, to service the mining giant's Area C and Yandi mines in the Pilbara.

Santos has secured a six-year contract to supply gas from its Reindeer field off Western Australia to Minara Resources' Murrin Murrin nickel mine in the Goldfields.

Transfield Services has secured $130 million in work with the defence industry, including a five-year extension in Western Australia.

The world's biggest economies will agree to increase the International Monetary Fund's (IMF) resources to help tackle the European debt crisis, officials at the Group of 20 summit said Thursday.

On a day its chief executive was making headlines battling politicians over the minerals resources tax in Canberra, BC Iron achieved a milestone of its own.

Mines Minister Norman Moore should not be appointed as Western Australia's agent-general in London because he's no diplomat, state Labor says.