Mining

Shares in Linc Energy fell more than 12 per cent after the company announced it has raised $200 million through a convertible bond issue.

Gold miner Troy Resources has made an all-scrip off-market takeover bid for Azimuth Resources, valuing the target at $188 million.

Aleator Energy has secured a $US20 million loan to fund exploration at its Povorotnoye gas and condensate development in the Ukraine.

Beadell Resources has launched a $25 million capital raising to pay off outstanding invoices for its Tucano gold processing facility in Brazil and boost working capital.

Torque Mining has pulled its initial public offering off the table after it failed to meet the minimum subscription threshold of $3 million.

The mining company formerly known as Magellan Metals has been cleared by the state environmental regulator to resume the export of lead carbonate from the Port of Fremantle, subject to a strict set

WHL Energy has attracted the interest of a global energy giant to explore a potential farm-in agreement covering the company’s Seychelles oil and gas assets.

Crusader Resources has secured a $20 million debt finance facility with Macquarie Bank which will fund the development of its Brazilian projects - the Borborema gold project and Posse iron ore deve

Avalon Minerals has appointed a new chairman to lead the company’s development of its northern Sweden minerals tenements, particularly its Viscaria copper project.

Shares in takeover target Norfolk Group were up strongly today after bad news on a contract termination was outweighed by the disclosure that its takeover price could be nearly twice the 38 cents p

Engineering and property services provider UGL is reviewing its corporate structure now that the property business generates nearly 50 per cent of group earnings.

New resources minister Gary Gray has ruled out any changes to federal Labor's controversial mining tax.

Doray Minerals says the mine life at its Andy Well gold operation can be extended following the unveiling of the maiden resource for the Judy Lode deposit.

Petrol could be up to three cents a litre cheaper in the next few weeks, an economist says.

The West Australian government should open up competition in the electricity market for small customers and let providers decide whether it's financially viable, the Economic Regulation Authority (

Australia's energy players are looking at offshore gas processing to ensure resources such as the Browse and Scarborough fields are exploited in the near future.

Wesfarmers’ Kleenheat Gas has entered the domestic natural gas market, offering a discount to win customers from former monopoly market holder, Alinta.

Gold junior Hannans Reward has raised $2.8 million to fund exploration at its Pahtohavare copper-gold project in northern Sweden.

Gary Gray's appointment to the important resources portfolio has got the nod of approval from the sector.

Engineering and construction contractor Clough says it is on the lookout for fresh acquisitions after selling its stake in Forge Group, less than three years after it purchased it.

Tempo Australia has won a construction services contract with Laing O’Rourke Australia at Rio Tinto’s Cape Lambert port expansion project.

Paynes Find Gold has enjoyed a solid rise on the ASX today, after it said it had begun producing gold at its namesake operation.

Loss-making Whitehaven Coal is laying off 40 workers in NSW as it cuts costs to deal with lower coal prices.

RCR Tomlinson has made a $62 million offer to purchase engineering contractor Norfolk Group.

Titan Energy shares have jumped on the ASX today, after the company said it had made a commercial oil and gas discovery at its Allen Dome oil field in Texas.

Cape Lambert Resources is considering the sale of its suite of assets, including the advanced-stage Marampa iron ore project in Sierra Leone.

Emerging miners Atlas Iron and BC Iron remain confident that Chinese demand and longer-term prices for the commodity will remain buoyant, despite recent pessimism.

Sundance Resources has raised the possibility of terminating its long-running $1.3 billion takeover agreement with China’s Hanlong Mining, while also confirming it is in discussions with other part

Aviva Corporation says it has received a notice from a group of shareholders calling for the removal of director Pieter Britz.

West Africa-focused Papillon Resources has successfully raised $52.9 million through an institutional placement, with proceeds to fast track the development of its Fekola gold project.

The boss of Gina Rinehart's Roy Hill mining project is confident it will begin shipping iron ore in 2015 despite ongoing challenges with securing funding.

Reed Resources has struck a deal with Crest Minerals over the Comet Vale gold project near Kalgoorlie, which is anticipated to be brought back online next year.