Nickel miner Mincor says it is well placed to capitalise on a turnaround in the nickel market, even as the miner slumped to a loss of more than $20 million for the 2013 financial year.
The coalition has refused to commit to reducing application fees for 457 visa workers if elected to government, despite flagging plans to make the scheme more “user-friendly”.
Vanadium hopeful TNG has moved to cut costs, slashing all directors’ fees and management salaries by between 10 and 20 per cent, and cutting five jobs in Western Australia and the Northern Territor
Fortescue Metals Group has vowed to focus on reducing its debt by 30 or 40 per cent following the official completion of its $US2.4 billion port expansion at Port Hedland.
Matrix Composites & Engineering says the worst is behind it after recording a $2.9 million loss for the year ended June 30, a significant improvement on the previous year.
Chilean workers have gone on strike at BHP Billiton's Escondida, the world's largest copper mine, over demands for an annual bonus and better working conditions.
A 10-year old commitment by Fortescue Metals Group to the state government has come back to bite the iron ore miner, after it was told it must commence negotiations for third-party access to its Pi
Tox Free Solutions’ full-year profit has dropped by 13 per cent, with a series of one-off impairments souring an otherwise solid year of growth for the Perth-based waste management firm.
The mining sector's slowdown and fewer construction projects have caused a nine per cent fall in annual profit for services and engineering firm WorleyParsons.
The resources sector union has been granted leave to appeal a decision allowing workers at Woodside's Pluto gas plant to be denied accommodation during wage-related industrial action.
Toronto-based gold miner Alacer Gold has appointed a new chief executive and will place its Australian operations into care and maintenance over the next 18 months, as it continues to seek a buyer
Mining and construction equipment provider Hitachi will develop a $100 million facility at Forrestdale business park, providing a boost for several other commercial developments in the Armadale are
Pluton Resources shares leapt on the ASX today after the iron ore junior announced former Grange Resources boss Richard Mehan had been appointed chairman.
Base Metals miner Kagara has cancelled the sale of half its remaining Queensland assets after negotiations with the purchaser, which failed to come up with $6 million in deposits for the projects i
Mines Minister Bill Marmion says Toro Energy’s acquisition of a uranium project in close proximity to its proposed yellowcake mine at Wiluna is a significant step forward for the sector.
Metallurgical Corporation of China has been ordered by a Singapore-based arbitrator to place $80 million into an escrow account pending the determination of a dispute with Cape Lambert Resources ov
Alcyone Resources has secured $7.4 million through a recent entitlements offer and shortfall placement, just scraping over the capital raising’s minimum subscription level of $6 million.
Mitsubishi and Alcoa plan to support a $100 million funding package for Buru Energy, which the Perth company says will allow it to proceed with further drilling programs in the Canning Basin and de
Mining giant Rio Tinto will provide its subsidiary Turquoise Hill Resources with a $US600 million financing package to fund the continued development of the Oyu Tolgoi copper-gold mine in Mongolia.
Galaxy Resources says it has received strong interest from institutional investors in a shortfall placement, after its entitlement offer fell massively short of its $47 million target.
