Treasurer Wayne Swan says mining magnate Gina Rinehart's new standing as the world's richest woman shows she doesn't need the tax relief promised by Opposition Leader Tony Abbott.
Investment in the resources sector has hit a new record and will boost Australia's future supply of key commodities as the nation's commodities boom continues, a new government report shows.
Iron ore miner Flinders Mining has gone into a trading halt pending an announcement on the court hearing over its proposed $554 million takeover by a Russian steel maker.
One-time market favourite Matrix Composites & Engineering has launched a $36.7 million capital raising to strengthen its balance sheet and partially pay off its debts, after disclosing it would
Gina Rinehart grows $1 million wealthier every half hour.Family financial squabbles have done nothing to stop her relentless rise as the richest woman in Australia, and now the world.
Mineral sands miner Iluka Resources has backed away from earlier pledges to increase dividends but still predicts a decent increase in earnings this year.
Billionaire Stan Perron has had a win over fellow magnates Gina Rinehart and Angela Bennett, with the parties agreeing to settle their stoush over Pilbara mining royalties outside of Western Austra
Leighton Holdings' board has met with angry shareholders at the company's annual general meeting as they were forced to explain recent downgrading of their profit forecasts.
Hancock Prospecting subsidiary Roy Hill Holdings has awarded a construction contract, believed to be worth $46 million, to Perkins Builders for a new corporate headquarters and remote operations ce
Eureka Energy says Aurora Oil & Gas has no grounds to withdraw its takeover offer, despite the suitor admitting its lawyers were looking at the possibility of dropping the bid over concerns wit
Industrial emissions are already threatening Western Australia's rock art-rich Burrup Peninsula, where a new $US800 million ($A815.87 million) ammonium nitrate plant will be built, Greens
One of the Margaret River region’s most prominent wineries, Cullen Wine, is spearheading local efforts to convince the state government to stop oil and gas exploration off the South West coast.
Laboratory group Campbell Brothers' full year profit is up 68 per cent and the company expects more growth in the year ahead, on the back of its strong-performing minerals testing division.
Chemicals company Orica says it will cost $US800 million to build an ammonium nitrate plant on the Burrup Peninsula, in joint venture with Norway's Yara International and US-based Apache Energy.
Strike Energy was one of the few Australian stocks to end the day in positive territory, after drilling results intersected one of the thickest coal seams recorded to date in South Australia’s Coop
UCL Resources has flipped the script on hostile suitor Minemakers, launching a $US50 million counter takeover bid for the Perth-based minerals explorer.
Uranium miner Paladin Energy's mine in Malawi is back at full production following an industrial dispute sparked by demands for a 66 per cent pay rise from local workers.
Industry has given a lukewarm response to the state budget, with the property sector disappointed, tourism still looking for boosts for struggling regions, while miners were concerned over a lack o
Australia should be the world's biggest exporter of liquefied natural gas by the end of the decade, says the vice president of the world's biggest petroleum company.
The head of mining products company Boart Longyear has disputed claims by BHP Billiton that commodity price falls and global economic uncertainty are causing miners to scale back.
The ACTU congress has condemned BHP Billiton's safety record after company chairman Jac Nasser slammed Australian labour laws for being too restrictive.