Mining

Chevron's $43 billion Gorgon LNG project is proceeding on budget and on track for completion by the end of 2014, the project director said today.

Mining billionaire Andrew Forrest will have a nervous wait until the High Court hands down a judgment next month on claims he misled investors.

It's time to put an end to "billionaire welfare" in Australia by slashing multi-billion dollar subsidies handed to the mining industry, GetUp says.

Western Australia-focused iron ore explorer Flinders Mines will soon be in the hands of a Russian steel company after shareholders approved the friendly takeover.

A consortium featuring Japan’s Marubeni and Korea’s POSCO has confirmed it will take a 30 per cent equity stake in Hancock Prospecting’s Roy Hill iron ore project in the Pilbara, in a deal that val

BHP Billiton's head of iron ore Ian Ashby will stand down in July after 25 years with the resources giant.

Chinese demand is driving the resources boom, but Australian companies should consider operating in China itself, says the head of Swedish engineering giant Sandvik.

Mines minister Norman Moore said today he is “extraordinarily frustrated” after the state government withdrew its prosecution against US petroleum company Apache and its joint venture partners over

Perth-based energy junior FAR has announced a $15 million capital raising to fund oil and gas exploration off the Kenya coast.

Phoenix Gold has announced it will acquire Carrick Gold’s West Kalgoorlie gold tenements in a cash and scrip deal worth just over $700,000.

Resources giant Rio Tinto's decision to scrap plans for a $US2 billion ($A1.92 billion) aluminium smelter in Malaysia has been blamed in part on China over-supplying the market.

Strike Energy has completed a $20 million share placement to fund further drilling programs at its Cooper Basin fields and demonstrate the commercial potential of its Eagle Ford shale gas assets.

Australia's gas fields should be harnessed for domestic consumption to keep the nation's manufacturing sector competitive, an adviser to the US President says.

Large numbers of short-term mining industry workers in the Pilbara region are causing havoc in some communities, leading to fights in overcrowded taverns, public urination and more rubbish on

Oklo Resources says the military coup in Mali is not expected to affect the gold explorer as it has been asked by the new administration to continue operations.

Success hasn’t dimmed the enthusiasm of Terry Streeter, Miles Kennedy and a host of others for the challenges of new mining ventures.

Forge Group subsidiary Cimeco has won a $125 million civil and concrete works contract at Fortescue Metals Group’s Solomon Hub iron ore project in the Pilbara.

Magnetite hopeful Mindax’ $115 million tie-up with Japan’s Sumitomo could be in jeopardy, after one of its board members lodged paperwork to block the deal by ousting two company directors, includi

Talks for the sale of liquefied natural gas from the $29 billion Wheatstone project in Western Australia are under way, operator Chevron says.

Perth-based oil and gas explorer Zeta Petroleum has launched an $8 million IPO to fund the appraisal and development of its Romanian oil and gas assets.

Gold mining giant AngloGold Ashanti says it will spend more than $US800 million on its Australian projects in the next two to three years.

Mining services company Ausdrill has signed on as the major sponsor of the Hockeyroos, Australia’s women’s hockey team, in a two-year deal that ends a long search for financial backing.

Leighton Holdings shares are in a trading halt as the construction company considers potential changes to its financial guidance.

Arafura Resources expects to convert a rare earths sales deal with Germany's ThyssenKrupp into a formal agreement and expand the intended customer base in Europe.

Phillips River shares soared after the junior minerals explorer agreed to sell its flagship assets to its former suitor, Silver Lake Resources.

Atlas Iron has signed an agreement to buy out its joint venture partner in the Daltons tenements at its Mt Webber iron ore project in the Pilbara, for $33 million in cash and shares.

India will eventually take over from China as the main engine of growth for the iron ore market but its consumption will be less intense, an analyst says.

Leighton Holdings says it's been in negotiations with Fortescue Metals Group for a $3.6 billion mining contract in the Pilbara.

Treasurer Wayne Swan believes a growing number of people agree with the sentiments in his recent essay that attacked "vested interest" and in particular three billionaire mining magnates.

Western Australia's work safety watchdog has lost its appeal against the dismissal of charges accusing Fortescue Metals Group of failing to provide a safe workplace at a Pilbara rail camp during Cy

Engineering giant WorleyParsons has won a contract to build a copper and molybdenum processing plant in Mongolia.