Gold miner Troy Resources' net profit has been smashed by lower gold and silver prices and lower grades at both of its producing mines, falling 41 per cent in the 2013 financial year.
Gold and nickel miner Independence Group says its major focus for the 2014 financial year will be its Tropicana joint venture with AngloGold Ashanti, after rebounding back to profitability with an
Mining investment should stay strong for the coming year, economists say.But they are still looking for a pick-up in investment in other parts of the economy.
Forge Group has shrugged off tightening conditions in the resources sector and is on the lookout for acquisitions after reporting a net profit jump of nearly 30 per cent on the back of a record revenue performance.
Mining services contractor Ausdrill is reviewing its cost structures and restricting its spending in the wake of a 20 per cent fall in net profit on the back of slowing conditions in Australia and
Several surveying firms have responded in one of two ways during the past year in response to slowing work opportunities in Western Australia – they have consolidated operations, or cast the net wi
Western Australia's uranium explorers are in somewhat of a holding pattern as they wait for a significant lift in prices for the controversial commodity.
Mining industry pundits bemoaning the end of the ‘boom' will be pleasantly surprised to know that up to a dozen major projects could go ahead over the coming year.
Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific to help deal with problems at its trouble-plagued Sino Iron project.
Calibre Group has won a $23 million contract on the Roy Hill iron ore project, with the work proceeding ahead of the project's debt funding being finalised.
Resource Equipment has become the latest victim of cost-cutting in the resources sector, with the company's net profit falling $8.5 million over the 2013 financial year, despite a healthy rise in r
Sandfire Resources has reported its first full-year net profit, flagging another strong year of growth as the ramp-up of operations at its DeGrussa copper mine in the Kimberley continues.
Shares in VDM Group have been punished on the ASX today, falling more than 47 per cent on news the contractor had been turfed off one of its major client's mine sites, forcing it to restructure its
BC Iron's stock has reached an all-time high, after the iron ore junior reported a strong rise in production and underlying profit despite the challenging price environment.
Construction and maintenance group Transfield Services has suffered a $250 million loss, dragged down by costs associated with its businesses in Western Australia, the US and Chile.
Australia's two biggest exports, iron ore and gas, are facing renewed price pressure, a situation which is starting to be reflected in the exchange rate and which could precede a big fall in the Au
Galaxy Resources has restructured its debts and will now turn its focus to its operations after announcing its long-running capital raising has secured $17.2 million to date.
Resolute Mining says it will not go ahead with the third stage of expansion at its Syama gold mine in West Africa, as the gold producer seeks to cut more costs in the wake of falling full-year prof
Western Areas has defied challenging conditions in the nickel sector to deliver an operating profit, but a near-$100 million write-down in the value of its exploration tenements meant the miner boo
The head of WA's peak business lobby group, James Pearson, is joining Shell Australia to head its Perth-based communications and government relations team.
Seven Group Holdings shares have fallen almost 10 per cent as the company foreshadowed a substantial drop in full-year earnings due to a downturn in the mining sector.
Perth-based Tox Free Solutions has secured a five-year contract for waste management services at Chevron's Western Australian assets, including the massive Gorgon LNG project.
Reed Resources chief executive Luke Tonkin has tendered his resignation, after just more than 14 months at the helm of the struggling gold miner, which also detailed $70 million of asset impairment
Mining and civil contractor MACA has predicted it will continue its run of earnings growth, after riding out the slowdown in the resources sector to book a 31 per cent rise in full-year net profit.
Calibre Group and Seven Group Holdings have appointed new chief financial officers today, with both being former executives at engineering contractor Downer EDI.
Drilling companies Swick Mining Services and Boart Longyear have provided a snapshot of conditions in the resources drilling sector, with underground and surface mining-focused Swick booking a reco
Gold prices have settled at their highest level in 11-weeks high after weaker US home sales data stoked hopes of sustained stimulus measures from the Federal Reserve.
