Mining

Sirius Resources has unveiled its maiden resource for the Nova nickel-copper-cobalt project, and the result has exceeded the explorer’s expectations.

Gas and fertiliser group Liberty Resources has brought forward the development of a $1.4 billion LNG processing plant in central Queensland to capitalise on current eastern states gas market condit

Australia's economy has improved since the commodity price falls last year and is expected to improve further.

Galaxy Resources has opted not to restart its Mt Cattlin spodumene project near Ravensthorpe – resulting in 37 staff being made redundant.

Mining giant BHP Billiton has been fined more than $100,000 for failing to ensure the safety of one of its workers who was killed on the job.

Perth-based oil and gas minnow Kairiki Energy has announced a $12.1 million capital raising to pay back company debts and provide additional working capital.

Western Areas founder Julian Hanna has been appointed MOD Resources’ new managing director.

GE Oil & Gas has won a $620 million services deal at QGC’s liquefied natural gas processing plant near Gladstone in Queensland, with maintenance activities to take place at the global giant’s J

Apollo Minerals has announced it will spin out its iron ore-related assets to fast-track their development, with the plan attracting a $10 million investment from India’s Jindal Steel & Power.

WA-based business identities Peter Landau and Carl Popal have been appointed to the board of junior exploration company Eclipse Metals, following the resignation of all of its current directors.

Global miners Rio Tinto and Xstrata will cut around 200 jobs collectively as the weak global coal market and high Australian dollar squeeze the global miners’ operations in Queensland and NSW’s Hun

Gold miner Ramelius Resources has launched a strategic review of its current suite of assets, after its board of directors concluded the company's stock was significantly undervalued.

The Tony Sage-chaired Cauldron Energy has made an off-market, all-scrip takeover bid for uranium explorer Energy Minerals, valuing the target at just under $6 million.

 Coal hauler Aurizon's shares shone after a well-timed sell down of its stake by the Queensland government netted it $806 million.

Buru Energy has sold off interests in two petroleum exploration permits in the Canning Basin to Rey Resources and Japan’s Mitsubishi Corporation for cash considerations of around $21 million.

Tap Oil has secured more than $68 million in debt finance to fund the development of its Manora oil project in Thailand.

Silver producer Alcyone Resources' shares have tanked after it announced a management shake-up following the resignation of the company’s managing director Andrew King and two other board members.

Aurora Oil & Gas has expanded its convertible notes offering, initially announced to market yesterday, to $US300 million.

There are still good times ahead for the mining sector, says Australian and UK-listed fund manager Henderson Global Investors.

BC Iron managing director Mike Young has announced he will step down from the helm of the iron ore miner in May.

Shares in Alacer Gold fell almost four per cent after the company posted a full year loss of $342 million.

Wesfarmers is raising million (.8 million) following the successful pricing of a bond issue in the United States.

Cape Lambert Resources has appointed international finance group Deutsche Bank to sell its royalty held over the Mayoko iron ore project in the Republic of Congo.

Altona Mining has reported its maiden first half profit, after kicking off commercial production at the Outokumpu copper-gold project in Finland.

Aurora Oil & Gas has secured $US250 million in debt finance to fund the development of its recently-acquired onshore oil and gas acreage in South Texas.

Northern Star Resources boss Bill Beament has been named First Amongst Equals at WA Business News’ 40under40 awards.See video at: 

Emerging iron ore miner NSL Consolidated has struck a $12 million deal with a large Indian company to expand its mining projects on the sub-continent.

Sirius Resources has recruited three executives from copper miner Sandfire Resources following a spate of positive exploration results and the ramp-up of its drilling program.

Former Fortescue Metals Group executive Julian Tapp has been appointed as chief executive at uranium miner Energy and Minerals Australia.

The Ed Eshuys-chaired Apex Minerals has solved its need for short-term capital to support its Wiluna gold mine, selling off the asset to a China-based investment house for $50 million.

BHP Billiton has denied any wrongdoing after the Australian Federal Police (AFP) and US authorities launched an investigation into bribery allegations surrounding the company's sponsorship of the B

 South Perth company Gulf Mines has announced plans to acquire an interest in an Indonesian manganese project developed by Western Australian mining veteran Michael Kiernan.