Mining

Fortescue Metals Group is looking to take advantage of favourable credit market conditions to lower the interest repayments on its debt.

Gold prices have pulled lower amid investor caution ahead of the start of the two-day Federal Reserve policy meeting.

UGL has told shareholders that its property and engineering arms are being split as quickly as possible and will be standalone companies by June 30 next year.

Swick Mining Services has forecast lower annual earnings and cut more than 100 staff in the space of 12 months amid challenging conditions in the mineral drilling sector.

Perth-based Zenith Minerals has purchased a key tenement at Northern Manganese's Mount Alexander North project near the port of Onslow in the West Pilbara.

Shares in Perth-based minerals explorer Greenland Minerals and Energy have spiked after Greenland's parliament voted to remove a 25-year-old ban on uranium mining.

Shares in listed oil and gas explorer Jacka Resources closed the day's trade more than 14 per cent higher after the company announced it had secured a convertible facility worth up to $5.5 million.

Tiger Resources has increased its production guidance at its Kipoi copper project in West Africa by 85 per cent for the 2014 financial year on the back of a record quarter of production.

GR Engineering Services has been appointed the preferred contractor for engineering procurement and construction works worth $54.6 million at MZI Resources' Keysbrook mineral sands project near Serpentine.

Gold futures have ended higher as weaker US economic data fanned hopes of sustained monetary stimulus measures from the Federal Reserve.

Base-metals company Ventnor Resources has announced a joint venture with

Brockman Mining has sold off its limousine business in Hong Kong for about $6 million and used the proceeds to buy Chinese copper assets, as it seeks to focus on its mining interests.

Mineral sands junior World Titanium Resources has raised $2.6 million and bolstered its board with two new appointments.

A Fortescue Metals Group mine site in Western Australia's Pilbara region has been evacuated due to a bushfire caused by lightning.

A council representing industry heavyweights including BHP Billiton and Alcoa has thrown its support behind the City of Kwinana's proposal to take over part of the City of Cockburn and assume responsibility for the Kwinana industrial strip.

BHP Billiton Iron Ore and its former contractor HWE Newman Services have been handed a total of $238,000 in fines in relation to the death of a worker at BHP's Yandi mine near Newman five years ago.

BC Iron has posted record production and exports during the September quarter, when shareholders received almost one-third of a dollar per share in a $37 million dividend payout.

Gold futures have climbed to a one-month high, lifted by expectations for continued easy-money policies from the Federal Reserve after a slate of mixed US economic data.

Chevron Australia managing director Roy Krzywosinski says he remains wary about floating LNG technology but nonetheless predicts it will become more commonplace unless the costs of onshore developments are reduced.

Rare earths explorer Northern Minerals struck a 50 per cent offtake agreement with Japanese trading giant Sumitomo Corporation last December – but it was nine months before the deal was announced. The timeframe is indicative of the measured approach taken by the Japanese, according to Northern Minerals managing director George Bauk.

Chinese interest in Australian property and resources may be in the spotlight, but Japan still has a significant foothold, particularly in WA.

Northern Star Resources has announced that director Michael Fotios has resigned from the company's board and will take up a position as a consultant to the gold miner.

BC Iron has appointed former BHP Billiton executive Peter Wilshaw as a non-executive director.

ERM Power says it will seek to recover legal costs paid by Empire Oil & Gas for its directors' personal legal actions against shareholders as a showdown between the two companies looms at a general meeting next month.

Newcrest Mining's chairman and chief executive have told shareholders they acknowledge how disappointed they are with the company's performance and are taking action.

New laws to repeal Labor's mining tax could save the federal government $13 billion over the next four years, as it also plans to scrap a range of measures designed to assist small business and families.

Perth-based miner Mirabela Nickel has been hit with a 'selective default' rating following a missed interest payment.

Oil prices have declined after a US oil inventory report showed a surprisingly large build in crude supplies.

The perks of the mining boom are not translating to areas where the workers live, a Perth study has revealed.

Chevron is one of five petroleum companies to have been awarded new exploration permits in the federal government's latest round of offshore acreage release.

Shell Australia boss Andrew Smith has defended his company's decision to walk away from an onshore gas development at James Price Point at an at-times heated parliamentary committee inquiry.

Vanadium miner Atlantic has received a $27.3 million boost to its coffers under the federal Research and Development Tax Incentive Program.