Mark Beyer and AAP

Boart slashes staffing as weakness continues

21-May-2013

Drilling services company Boart Longyear has released its third earnings downgrade in nine months, saying demand for its services has continued to weaken because mining companies are scaling back on exploration.

Transfield shares tumble to record low

Mark Beyer and AAP

21-May-2013

Almost $141 million has been wiped from the value of diversified contractor Transfield Services as cost cutting in the mining sector hit its earnings outlook.

Anketell Point port project gets fed nod

Mark Beyer and AAP

16-May-2013

The proposed Anketell Point port project in the Pilbara, which is unlikely to proceed for the foreseeable future, has been approved by federal Environment Minister Tony Burke, subject to 45 strict conditions.

Aquila hammered on JV pull out

Mark Beyer and AAP

29-Apr-2013

The share price of minerals explorer Aquila Resources took a hit after its Japanese joint venture partner pulled out of some of its Queensland coal exploration permits. News of the decision by Japan's Sumitomo to pull out sent Aquila shares down a fraction over 11 per cent on Monday.

Libs and Labor both under pressure on costings

Dan Wilkie

Mark Beyer and AAP

01-Mar-2013

The credibility of Liberal and Labor election promises are both under question, with Troy Buswell admitting the Liberals three major pledges are reliant on being half funded by the Commonwealth, and Treasury releasing its costings of Labor's Metronet rail plan.