Clough announced today it anticipates underlying earnings for the current half year will be lower than analysts expectations, following cost overruns and lowered margins.
Shares in Aquila Resources gained over four per cent after the company received approval from the state environment minister for its first iron ore mine.
The Chamber of Minerals and Energy has welcomed new state government policy for the rating of land for resources projects, saying the move delivers fairness and certainty for local governments and
The Australian Labor Party's national conference has backed the federal government's commitment to a budget surplus and rejected a bid by the Left faction to expand the reach of the mining tax.
Global energy giant Chevron has kicked off construction of its $29 billion Wheatstone liquefied natural gas project near Onslow with a ground-breaking ceremony, with Premier Colin Barnett on hand to wield the silver-plated spade.
If Australia is to export uranium to India there must be strong enforceable safeguards against improper use, Home Affairs Minister Brendan O'Connor says.
Rio Tinto has succeeded in its takeover of Hathor Exploration as the world's second largest mining company seeks to gain a foothold in the Canadian uranium production market.
A moratorium has been recommended for all future coal seam gas (CSG) projects until further research is carried out and the approval process tightened to cover such issues as how salt will be dispo
State utilities Verve Energy and Synergy have signed domestic supply contracts with Chevron that will shore up Western Australia’s gas supply for the next 20 years.
Australia's largest rare earths miner Lynas Corporation says prices for rare earths have fallen in recent months, which is a healthy development for the industry.
Thousands of workers have marched through central Perth threatening to picket US oil and gas giant Chevron until it pledges to provide more local jobs and training. (Click through for video)
Engineering firm UGL has secured $200 million in contracts tapping into Australia's resources boom.The contracts are across the coal, oil and gas and iron ore industries.
Design and construction company VDM Group has won $30.6 million worth of work with BHP Billiton.VDM has now won over $130 million worth of new work this financial year, it said.
The Australian Petroleum Production and Exploration Association has elected Santos’ David Knox as chairman and Woodside Energy’s Rob Cole as vice chairman for the coming financial year.
Malaga’s Hertel Modern has won a three-year, $90 million contract to provide paint, insulation and fireproofing services on Chevron’s Gorgon liquefied natural gas development.
Japan's Inpex concedes the cost estimate for its Ichthys liquefied natural gas project (LNG) in the Timor Sea needs to be updated after its joint venture partner flagged a 30 per cent blowout.
Shares in Gindalbie Metals and Royal Resources rose after the iron ore firms settled a project acquisition deal that had been held up by a legal claim.
Rio Tinto has maintained its faith in Chinese growth by raising its Pilbara iron ore production target, even though it admits customers are becoming increasingly cautious about the world economy.
Sundance Resources' suitor Hanlong Mining has failed to secure a letter of confidence from China Development Bank for its $1.65 billion takeover of the iron ore explorer.
