Diversified explorer Metals X has signed SNC-Lavalin Australia as lead engineer for a definitive feasibility study at its Wingella nickel-cobalt project in the north-east of the state.
Lynas expects demand for its products to grow over the medium term after beginning production of its first separated rare earths products in the March quarter.
Tony Sage’s Cape Lambert Resources has lined up a new agreement to sell its Leichhardt copper project in Queensland for $14.75 million, after the original $25 million proposal fell over.
Rio Tinto chief executive Sam Walsh says the company will focus on divesting non-core assets as it strives to save $US5 billion ($A4.87 billion) through to 2014.
Tap Oil managing director Troy Hayden has signed a new contract that offers lower cash income but more incentives linked to the company's share price performance.
Woodside Petroleum has posted a sharp jump in quarterly production and sales revenue, driven by its new Pluto project, but has raised doubts about the proposed expansion of the flagship liquefied n
BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's leadership group, with petroleum boss Michael Yeager leaving the company but Perth-based iron ore president Jimmy Wilson an
Junior explorers Highfield Resources and Venturex Resources have braved an uncertain market, announcing plans to raise up to $16.4 million collectively.
Atlas Iron is confident of meeting its full year producrion targets as it continues talks about developing a Pilbara rail solution to support its longer term growth.
Mining services groups Ausdrill and Emeco have joined peer Calibre Group in announcing the general slowdown in mining and exploration activity in Australia will take a big chunk out of their expect
Gold snapped higher overnight, reboundinvg a day after the biggest selloff in 30 years amid signs that the lower prices were luring buyers of bullion, coins and jewellery.
Mermaid Marine managing director Jeff Weber has sold $5.4 million worth of shares in the company, to fund the exercise of incentive options and the associated tax liabilities.
Perth-based Venture Minerals has signed a $15 million debt finance deal with international bank BNP Paribas, which will ensure it is fully funded to production at its Riley direct shipping iron ore
Mining giant Rio Tinto says global iron ore production increased to 61 million tonnes in the March quarter, up six per cent on the same period last year.
Global Surface Mining says a $160 million contract win with Fortescue Metals Group is an important step forward for the surface mining industry in Australia.
Vanadium miner Atlantic has gotten its hands on $28.5 million in debt finance and has restructured its senior secured notes facility, giving the company some financial breathing space as it ramps u
Junior explorers Alcyone Resources and Golden West Resources are looking to raise capital through discounted rights issues worth a combined $21 million.
Privately-owned Kwinana company Stella Industrial is looking to recruit extra staff after winning its largest contract, on Chevron’s Gorgon gas project.
Gold prices have plunged deeper, reaching their lowest level in more than two years as other metals also fell amid market pessimism owing to an unexpected slump in Chinese economic activity.
Mining giants Rio Tinto and BHP Billiton are expected to post softer iron ore and coal shipment reports after a series of cyclones hit northern Australia earlier this year.
