The shale gas industry doesn't stack up commercially and companies that have invested in the sector are following a herd mentality, Woodside managing director Peter Coleman said today.
It might be too early to crack the champagne but junior miners are certainly celebrating the weakening of the Australian dollar, which had lost its traditional connection with commodity prices and
Treasurer Troy Buswell has trimmed $92 million in government expenditure as rising spending and a “significant erosion” of revenue threaten to bring the state's budget into deficit.
Mining services provider Macmahon Holdings' shares have shot up by more than 20 per cent after it detailed positive growth in a "changing and challenging environment".
Whatever else is revealed in tonight's federal budget there is one thing I hope for – an end to the nonsense of ‘modelling', because it is painfully obvious that modelling is nothing more than mode
Shadow treasurer Joe Hockey is demanding the federal government publish a range of Treasury figures explaining revenue shortfalls, policy funding and future debt forecasts.
Disgruntled farmers have dumped several tonnes of grain outside West Australian Premier Colin Barnett's office, saying the state government's financial relief package is meagre.
The federal government has confirmed it will contribute $400 million to upgrading sections of the Perth-to-Darwin Highway and says there will be more for Western Australia in today's budget.
Australians will be spared a budget that "cuts to the bone" but should brace for a disciplined road forward, Treasurer Wayne Swan has warned on the day he delivers his sixth, and possibly, final bu
RARELY do two budgets – Tuesday's federal budget, which was the last before an election, and the August state budget, which will be the first after an election – send such conflicting messages.
West African gold miner Noble Mineral Resources has halted surface mining operations at its Bibiani project in Ghana, as it evaluates funding options for an underground development.
Rail operator Aurizon has begun talks to sell a stake in its rail track infrastructure that would free up money to expand and lead to a break-up of the operations business.
New Zealand's $NZ22-billion Superannuation Fund has pulled nearly $NZ2 million worth of investment out of Barrick Gold, the world's biggest gold miner citing its human rights and environmental reco
Shopping centre owner Westfield Retail Trust (WRT) says consumer confidence is improving, but shoppers are still cautious and sales growth is still low.
