A Russian steel making giant may seek a deal with Fortescue Metals Group after a $554 million takeover of Flinders Mines, which holds an undeveloped iron ore project next to Fortescue's Solomon dev
Shares in Woodside Petroleum slumped six per cent to a seven-week low after the oil and gas producer's 2012 production target fell short of expectations.
Murchison Metals will be left with just a few exploration tenements and little funds if it pays shareholders with cash received from the $325 million sale of key assets to Mitsubishi.
The federal government could be forced to make further changes to its mining tax by the Greens, despite Prime Minister Julia Gillard's assurances that it will pass the Senate with the support of th
Premier Colin Barnett has hit back at federal Resources Minister Martin Ferguson for saying the real problem for mining companies was paying state royalties.
Minmetals' $C1.3 billion $A1.28 billion) takeover bid for Democratic Republic of Congo-focused copper miner Anvil Mining has been extended as talks continue to gain the backing of state-owned joint
Chalice Gold Mines has become the latest Western Australian company to receive a strike under new executive pay laws, with nearly 47 per cent of shareholders voting against the company's remunerati
A planned rail line linking Sundance Resources' $US4.7 billion ($A4.79 billion) Mbalam iron ore project in West Africa to a proposed new port is a step closer.
Treasurer Wayne Swan has credited Prime Minister Julia Gillard's "guts and determination" for the successful passage of the federal government's mining tax.
The federal government is set to defer by one year the phasing down of a foreign bank tax measure, so it can cover the cost of its deal to secure the passing of mining tax laws.
A Western Australian Aboriginal group's request for the environment minister to use emergency powers to intervene in a Pilbara land dispute with Fortescue Metals Group is being considered but there
Prime Minister Julia Gillard threatens the "very fabric of cooperation in our federation" with plans to penalise states for mining royalty increases, Premier Colin Barnett says.
Murchison Metals says it is continuing talks to sell its stakes in the beleaguered Oakajee port project and its sole producing mine in Western Australia.
Labor is poised to win its battle to tax the profits of big coal and iron ore miners, after key independents bargained for closer checks on coal seam gas projects and a higher tax threshold.
Gold tracked equity markets to end slightly higher on Friday, even though persistent euro zone debt worries and margin liquidation from other markets sent bullion to its largest weekly loss since S
Japan's Inpex Corporation has announced that a final investment decision on its Ichthys liquefied natural gas (LNG) project may be delayed until January.
OZ Minerals has pulled out of a uranium exploration joint venture with Toro Energy in South Australia, saying no economic uranium has yet been found at the Mt Woods project.
Strategic Marine has ramped up its expansion ambitions, announcing it is set to launch two new divisions after winning two major fabrication contracts with John Holland in Queensland.
Santos says it plans to hold on to its Barossa and Caldita gas fields in the Timor Sea, saying they provide a long-term option to feed the established Darwin LNG plant.
Energy giants Shell and Woodside have snapped up the lion's share of petroleum exploration permits which will see more than $300 million of investment in waters off Western Australia.
Key independent MP Tony Windsor says he is more than likely to support the government's proposed minerals resource rent tax when the bill enters parliament next week.
