Mining

Gindalbie Metals has passed a major milestone at its Karara project in the Mid West, with the first magnetite concentrate produced at the mine this week.

Iron ore miner Fortescue Metals Group has dipped its toe into the onshore gas exploration sector after taking an 18 per cent stake in Melbourne company Oil Basins, which holds acreage in the Cannin

NRW Holdings has won a $32 million contract with Rio Tinto to upgrade access roads to the mining giant's West Angelas iron ore mine in the Pilbara.

Shares in rare earths miner Lynas have fallen by more seven per cent after Malaysian activists continued legal action against the company's controversial processing plant.

Seven Group Holdings managing director Peter Gammell has painted a mixed picture for the diversified media and industrial services group, forecasting a rise in first-half underlying profit for 2012

The Greens say BHP Billiton must be made to prepare a new environmental impact statement (EIS) after indicating new technologies may be used to expand the Olympic Dam Mine in South Australia.

Dacian Gold has been admitted to the Australian Securities Exchange's official list, after completing a $20 million initial public offering last week.

Gold miner Millennium Minerals has received firm commitments for an $8.1 million capital raising to provide a working capital buffer as it ramps up to full production at Nullagine gold project in t

Fortescue Metals Group managing director Nev Power has confirmed the iron ore miner is assessing the possible sale of equity in its infrastructure assets.

Paladin Energy boss John Borshoff has sold more than a quarter of his stake in the company, but says he remains confident in the outlook for the uranium sector.

Hancock Prospecting executive director Tad Watroba says the company is confident of its ability to secure about $7 billion in debt to fund its Roy Hill iron ore project.

Engineering contractor Clough has won a $20 million contract extension at Chevron's oil facilities off the north west coast of the state.

Mining contractor MACA has added to its recent contract success, winning two fresh contracts with Atlas Iron at the Abydos iron ore mine in the Pilbara.

Australia will have to seriously consider nuclear power as an option if there is no breakthrough on baseload clean energy, Energy Minister Martin Ferguson says.

The world's largest diversified resources company BHP Billiton has become less diverse after exiting the diamond mining business.

New rules for reporting mineral and hydrocarbon resources and reserves will improve consistency and transparency in the Australian share market, federal Resources Minister Martin Ferguson says.

Rio Tinto Australia managing director David Peever has rejected speculation the company is considering pulling back on Pilbara investment, despite it halting expansion of a $44 million fly camp.

Mining giant BHP Billiton says it is confident cost increases for existing and new projects are being brought under control.

Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion of the Olympic Dam mine in South Australia, but the company still can't guarantee when or if the $30 billion proje

Mining contractor MACA has announced its tenure at the Laverton gold project has been extended to May 2014.

Shares in fertiliser and explosives maker Incitec Pivot have gained more than five per cent after it lifted its annual profit by 10 per cent and increased dividends.

Poseidon Nickel has announced that it could recommence nickel mining at the Mt Windarra site in the north eastern goldfields of Western Australia by June 2013.

Long-running efforts by Michael Fotios' investment company Investmet to revive Swan Gold Mining and related companies Stirling Resources and Redbank Copper have hit a major hurdle.

Mining and earthmoving equipment supplier Emeco Holdings has become the latest resources sector participant to feel the squeeze, downgrading its profit guidance in the wake of reduced industry acti

Rio Tinto has chosen not to proceed with expansion works at a $44 million fly in, fly out workers camp in the Pilbara at the end of the month.

Cott Oil & Gas is set to list on the Australian Securities Exchange, with the company planning an $8 million initial public offering to fund exploration across its portfolio of oil and gas acre

Chemicals manufacturer Orica's annual profit has fallen by 37 per cent, but it expects an improvement in its underlying performance the year ahead.

The cost of a liquified natural gas project in Papua New Guinea part-owned by Santos and Oil Search has increased by $US3.3 billion to $US19 billion.

Building and construction contractor AusGroup is expecting sustained demand for its services after announcing a 101 per cent jump in first quarter earnings.

Northern Minerals has completed a $5 million share placement to fund development of the Browns Range heavy rare earths project in the Northern Territory.

Shareholders in gold producer Regis Resources are set to begin reaping rewards from the company's progress with it announcing intentions to pay a maiden dividend next year.