Mining

Indian conglomerate Lanco Infratech will pay Perdaman Chemicals and Fertilisers $7.5 million plus legal costs as settlement for a long-running $3.5 billion legal battle that erupted after Lanco pur

Oil and gas producer Santos has committed to a $100 million drilling and appraisal program over the next 12 months in the Northern Territory.

Ironbark Zinc shares jumped on the ASX today, after it released a report indicating the viability of its Citronen base metals project in Greenland.

Oil and gas explorer Sprint Energy has attracted the interest of Hong Kong-based private equity group Hanhong Limited, which has signed an agreement to invest $11 million in the Perth-based company

Ventnor Resources has signed a native title agreement with traditional owners the Yugunga-Nya people covering its Thaduna/Green Dragon copper project in the Murchison region.

The share price of minerals explorer Aquila Resources took a hit after its Japanese joint venture partner pulled out of some of its Queensland coal exploration permits.

Aviva Corporation has sold its Mmamanstwe coal project in Botswana to fellow explorer African Energy Resources for $3.5 million.

China’s second largest gold producer will invest $20 million in Perth-based explorer NKWE Platinum under a strategic partnership agreement announced today.

BHP Billiton has sold a copper mine in the US for $US650 million ($A634 million) as the resources giant continues to off-load assets.

Midas Resources has launched a $2.16 million capital raising plan to fund the expansion and exploration at its Lake Carey and Patersons province gold projects.

Gold miner Noble Mineral Resources has appointed former Sandfire Resources general manager Craig Dawson as its new chief executive.

Gold prices have closed at their highest level in nearly two weeks, as investors drew confidence from data showing central banks' purchases of the precious metal in March while brisk demand for gold coins, jewellery and bullion bars in Asia continued.

Resolute Mining has broken the ranks of its fellow gold producers, reaffirming its yearly production guidance after a strong performance in the March quarter and claiming the falling gold price is

Range Resources has launched a plan to merge with Russia and Kazakhstan-focused oil and gas explorer International Petroleum, in an all-scrip off-market deal worth around $105 million.

Oil and gas major Chevron says it has made more gas discoveries in the Carnarvon Basin.Chevron has now made 21 discoveries offshore Western Australia since mid-2009.

MZI Resources has signed a sales agreement with US chemicals giant DuPont covering all of the leucoxene 70 per cent (L70) titanium dioxide to be produced at the Keysbrook mineral sands mine south o

Mining Group announced today that it had restructured its previously announced entitlements issue at a new price of 2.5 cents per share.

A group of disgruntled Intrepid Mines investors have moved to remove five of the company’s current directors and replace them with four new ones, blaming the board for the loss of around $1 billion

Encounter Resources has signed a $20 millon farm-in agreement with global copper miner Antofagasta Minerals for its Yeneena project near Telfer.

Peak Resources has signed a non-binding finance agreement that should see it fully-funded to production at its Ngualla rare earths mine in Tanzania.

Tanami Gold and Newcrest Mining have become the latest gold miners to join a growing cohort suffering amid dismal gold prices and surging production costs.

Preparations for Gina Rinehart's Roy Hill iron ore project in the PIlbara are picking up pace, with Brookfield Multiplex adding a $70 million deal to its $190 million worth of building works at the

Investors have rejoiced in Woodside's decision to pay a generous dividend, despite concerns about the company's lack of short-term growth projects.

Oil prices rose in choppy end-of-contract trading, as bargain-hunters moved in following last week's plunge that prompted speculation about a possible cut to OPEC output.

MZI Resources and Doral Mineral Sands have signed a processing agreement for heavy mineral concentrate produced at MZI's planned Keysbrook project, south of Perth.

Investors have dumped Oz Minerals stocks to 10-year lows after it slashed production guidance in its quarterly update.

Calibre Group has been awarded a $140 million contract to upgrade the Hay Point coal export terminal in Queensland for the BHP Billiton Mitsubishi Alliance.

Gold miner Troy Resources has secured $40 million in loans from financier Investec Bank to bolster its coffers as it works through its $188 million takeover of Azimuth Resources.

Rare earths miner Arafura Resources has shelved plans to build a chemical processing facility at Whyalla in South Australia, saying relocating the proposed plant to its Nolans Bore project in the N

Western Australia is still the nation's economic powerhouse, and the gap between the best- and worst-performing states in the country appears to be widening.

Reed Resources shares shot up on the ASX today after the gold miner said it had received a $27 million windfall after closing its gold hedge book.

Straits Resources is on the lookout for a new chairman, following the resignation of incumbent Adrian Redlich less than six months after taking the job.