Australia's oil and gas industry has defended its contribution to the economy, saying it will deliver $13 billion a year in taxes by the end of the decade.
KBL Mining today announced a sweeping recast of its corporate strategy that may see the company looking to sell part of its Sorby Hills lead-zinc-silver project, located in the northeast Kimberley
Both major Western Australian political parties fear Shell's Prelude floating liquefied natural gas (LNG) project will trigger a departure from onshore processing, slashing state royalties an
Gold futures have snapped to a one-week high as a slump in global equities markets and the US dollar drew investors in search of a refuge to the precious metal.
ASX-listed oil and gas companies currently report their reserves and resources in 33 different ways, research by Perth-based consulting group RISC Advisory has found.
Global gold mining giant AngloGold Ashanti has announced changes to its executive leadership team that will see Rob Largent responsible for the company’s Australian operations.
The new head of Rio Tinto’s global iron ore business has restructured his Perth based management team, with the former head of the Pilbara operations leaving his role.
Nedbank Capital has withdrawn from Perth-based Tiger Resources’ $US80million debt financing facility for its Kipoi copper project in the Democratic Republic of Congo.
Drilling services company Boart Longyear has released its third earnings downgrade in nine months, saying demand for its services has continued to weaken because mining companies are scaling back o
Almost $141 million has been wiped from the value of diversified contractor Transfield Services as cost cutting in the mining sector hit its earnings outlook.
Look carefully through the gloom of a sputtering local economy, mine closures, ballooning state debt and rising unemployment and you might catch a glimpse of the first signs of next year’s recovery
Embattled lithium producer Galaxy Resources has announced a deeply discounted $47 million rights issue to give the company a much needed cash injection.
Shares in Santos closed 1.6 per cent higher after the company said oil production started ahead of schedule at its $490 million Fletcher Finucane project off the West Australian coast.
Construction giant Leighton Holdings says it's not concerned about the recent woes of mining services companies due to its diverse business interests and cyclical nature of the industry.
Geraldton-based earthmoving and mining contractor Central Earthmoving has expanded its operational capacity through the take-over of a local mulching company and the acquisition of new machinery.
Iron Ore Holdings’ proposal for an innovative port development south-west of Dampier has received conditional approval from the Environmental Protection Authority.
Viento Group's new contracting business, established with a group of former NRW Holdings executives, has won its first major contract at Fortescue Metals Group’s Solomon project.
Perth-based Marengo Mining’s proposed Yandera project in Papua New Guinea is facing a delay due to a third-party power provider withdrawing from proposed power supply arrangements.
Australia's richest woman, Gina Rinehart, has drawn criticism from Prime Minister Julia Gillard after saying Australia would face the same problems as Greece if support for the mining industry was
IT’S easy to get excited about what’s happening in the fast-moving world of currency values but it’s wrong to describe what’s happening as a ‘war’, because it’s not; what’s going on is simply econo
