A joint venture led by Perth-based mining and engineering contractor Forge Group has secured a $1.47 billion construction contract at Gina Rinehart's $10 billion Roy Hill iron ore project in the Pi
Prime Minister Kevin Rudd has flagged Labor will set up a headquarters in Brisbane as well as outposts in Western Australia and South Australia to help boost the export opportunities for the mining equipment sector if it wins the next election.
The boardroom twists at cashed-up Moly Mines have taken another turn, with its Chinese shareholder moving to replace the independent directors with Perth veterans Bruno Camarri and Peter Mansell.
Gold sector players Evolution Mining and Ampella Mining have revealed additional cost-cutting initiatives to deal with the impact of low spot prices for the precious metal.
Contracting group NRW Holdings been selected to provide earthworks for rail infrastructure at the $10 billion Roy Hill iron ore development in the Pilbara.
Uranium miner Paladin Energy has recorded a $US420.9 million full year loss, more than double last year's loss of $US172.8 million, as the uranium price remains weak.
Cherie Leeden returned from the front line to the conference room last week, telling Metals of Africa shareholders in Perth and Sydney about the copper, zinc and high-grade lead found at the surfac
Mining services contractors have slashed thousands of jobs as the slowdown in the resources sector piles pressure on companies to cut costs after several years of growth.
The $10 billion Roy Hill project remains on track to start mining next year and achieve its first iron ore exports in the third quarter of 2015, its project director said today.
Gold miner Troy Resources’ net profit has been smashed by lower gold and silver prices and lower grades at both of its producing mines, falling 41 per cent in the 2013 financial year.
Gold and nickel miner Independence Group says its major focus for the 2014 financial year will be its Tropicana joint venture with AngloGold Ashanti, after rebounding back to profitability with an
Mining investment should stay strong for the coming year, economists say.But they are still looking for a pick-up in investment in other parts of the economy.
Forge Group has shrugged off tightening conditions in the resources sector and is on the lookout for acquisitions after reporting a net profit jump of nearly 30 per cent on the back of a record revenue performance.
Mining services contractor Ausdrill is reviewing its cost structures and restricting its spending in the wake of a 20 per cent fall in net profit on the back of slowing conditions in Australia and
Several surveying firms have responded in one of two ways during the past year in response to slowing work opportunities in Western Australia – they have consolidated operations, or cast the net wi
Western Australia’s uranium explorers are in somewhat of a holding pattern as they wait for a significant lift in prices for the controversial commodity.
Mining industry pundits bemoaning the end of the ‘boom’ will be pleasantly surprised to know that up to a dozen major projects could go ahead over the coming year.
Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific to help deal with problems at its trouble-plagued Sino Iron project.
Calibre Group has won a $23 million contract on the Roy Hill iron ore project, with the work proceeding ahead of the project’s debt funding being finalised.
Resource Equipment has become the latest victim of cost-cutting in the resources sector, with the company’s net profit falling $8.5 million over the 2013 financial year, despite a healthy rise in r
Sandfire Resources has reported its first full-year net profit, flagging another strong year of growth as the ramp-up of operations at its DeGrussa copper mine in the Kimberley continues.
Shares in VDM Group have been punished on the ASX today, falling more than 47 per cent on news the contractor had been turfed off one of its major client’s mine sites, forcing it to restructure its
BC Iron’s stock has reached an all-time high, after the iron ore junior reported a strong rise in production and underlying profit despite the challenging price environment.
Construction and maintenance group Transfield Services has suffered a $250 million loss, dragged down by costs associated with its businesses in Western Australia, the US and Chile.
Australia's two biggest exports, iron ore and gas, are facing renewed price pressure, a situation which is starting to be reflected in the exchange rate and which could precede a big fall in the Au
Galaxy Resources has restructured its debts and will now turn its focus to its operations after announcing its long-running capital raising has secured $17.2 million to date.
Resolute Mining says it will not go ahead with the third stage of expansion at its Syama gold mine in West Africa, as the gold producer seeks to cut more costs in the wake of falling full-year prof
