Mining

Atlas Iron is confident enough about iron ore demand to press on with production growth this year despite low prices contributing to a heavy full year loss.

Seven Group Holdings has flagged a rise of up to 20 per cent in full year profit despite being cautious about current trading conditions.

Northern Minerals has announced a $26.6 million capital raising plan to fund the development of its Browns Range heavy rare earths project in the Northern Territory.

The average price of petrol has hit a 10-month high.

Engineering and construction contractor Decmil Group has continued its expansion into the Queensland market with an agreement to acquire Brisbane based Eastcoast Development Engineering.

 The federal opposition in the Senate has put forward a motion of no confidence in the Labor government for its handling of the mining tax.

Chevron Australia has struck a deal with Beach Energy that will see the US energy giant spend at least million and potentially as much as million on two onshore gas exploration fields.

Engineering and construction firm Monadelphous Group has won a $260 million contract with Rio Tinto, for works at the Western Turner Brockman iron ore development in the Pilbara.

The value of a contract held by Leighton Holdings for work on the Gorgon natural gas project has more than doubled to nearly $1.8 billion.

Caltex Australia has returned to profitability as its refining businesses showed the results of recent structural changes.

Resolute Mining remains on target to produce more than 415,000 ounces of gold in FY2013, after lodging an 86 per cent jump in half-year net profit.

The mining industry has backed the Liberal Party’s pledge to invest $20 million to ensure the continued growth of the resources sector in Western Australia if it wins next month’s state election.

Australian Greens leader Christine Milne says the federal government's Gonski education reforms should be fast-tracked and the necessary funding drawn from a redesigned mining tax.

Miners will be asked to relinquish leases on the Mitchell Plateau under the state opposition's plans to establish national parks in the Kimberley region.

Nickel miner Western Areas has delivered a slim interim profit in the face of a falling nickel price and continued strength in the Australian dollar.

Iron ore miner Fortescue Metals Group has appointed two new board members, including its first female director.

Santos' full year net profit has dropped by nearly a third but the oil and gas producer still expects to meet its production targets in 2013.

The Reserve Bank of Australia says the mining investment boom is close to its peak.

Oil and gas giant PetroChina wants to buy part of ConocoPhillips' stake in two oil and gas exploration projects in Western Australia.

Evolution Mining has announced a $40.7 million interim net profit, on the back of a 98 per cent jump in gold production.

Gold miner St Barbara has slumped to a net profit of $2.5 million for the six months to December 31, driven down by its acquisition of the Gold Ridge and Simberi mines in Papua New Guinea during th

Experienced Aboriginal contracting group Eastern Guruma has teamed up with a new entrant to the sector, Wirlu-murra Yindjibarndi Aboriginal Corporation, to win a $200 million contract in the Pilbar

Internet and communication technology group UXC Connect has won a $4.1 million contract to provide IP surveillance and security solutions for a major West Australian liquefied natural gas project.

Mining contractor MACA has strengthened its balance sheet through a $56 million share placement priced at $2.50 per share, which is slightly below recent highs but above the price at which it had b

Mermaid Marine has booked an 18 per cent jump in interim net profit, on the back of strong demand for the company’s vessel, supply base and slipway services from ofshore oil & gas projects in t

Neptune Marine has won a $6 million contract with Eni at the Blacktip gas field, 110 kilometres off the north coast in the Timor Sea.

Contractor NRW Holdings has reported a solid increase in half-year profit but signalled a slowdown in its business, particularly its contract mining division, in the second half of the year.

Alumina's full year net losses have blown out and the troubled aluminium producer is bracing itself for more uncertainty ahead.

Mining on the moon may move from science fiction to reality faster than most people think and Australia can play its part, a lawyer says.

Engineering and construction group Ausenco has forecast further growth in 2013 after reporting a full year net profit of $41.4 million, a 57 per cent jump on the previous year.

Atlas Iron will book a non-cash impairment of $258 million following a review of some of its exploration projects, but says its development plans are unchanged.