Perth-based oil and gas play LNG Limited has announced a $10 million capital raising plan to fund project approval activities at its Magnolia LNG project in Louisiana.
The number of mining industry players taking significant hits to the value of their assets continues to grow, with gold miners Alacer Gold and Silver Lake Resources joining base metals miner Western A
South African engineering and construction group Murray & Roberts has made a $430 million offer to win full control of Perth-based Clough, in which it already holds more than 60 per cent of the st
Resolute Mining has frozen the pay of its senior management and taken a $70 million hit as weakness in international gold markets continues to hurt miners of the precious metal.
Gold producer Ramelius Resources has flagged it is likely to record a before-tax loss of approximately $70 million for the financial year, mainly as a result of big write-downs.
Equipment hire contractor Viento Group has secured a $7 million contract with Rio Tinto for repair works to the Dampier Salt facility at Port Hedland which was damaged over cyclone season.
Galaxy Resources says it has reached the minimum subscription caveat of its $47 million million capital raising, which was first launched in May and since extended twice, two days ahead of the offer c
Western Australian gold producer Northern Star Resources has shrugged off a falling gold price to report record production and predicted a record profit this financial year.
Gold explorer Gryphon Minerals has slashed costs and retrenched most of its employees, as it seeks to preserve cash ahead of the development of its West Africa gold project.
US-based gold miner Newmont Mining is slashing its corporate workforce by a third after writing down the value of its Western Australian mines by $US1.5 billion, amid weak conditions in international
Shares in Perth company Liquefied Natural Gas Ltd have soared after it signed a conditional US$660 million funding agreement with a private equity group for a proposed project in the United States.
China-backed Norton Gold Fields has just about wrapped up its all-scrip takeover of Kalgoorlie Mining Company, declaring its bid is now free from all conditions.
When the chief executive of an ASX-listed company is getting paid an annual salary of only $110,000, it’s a sure sign that money is tight. But not for all, as Business News' quarterly CEO salary survey reveals.
Low emissions power company Enerji is in discussions with four potential new clients after announcing its inaugural pilot plant had produced electricity for the first time, its new chief executive say
A mining industry representative group says a new tax credit needs to be created for Australian miners to ensure the successful development of new mining operations.
Shares in St Barbara dropped heavily on the ASX today after the gold miner said its Pacific operations did not reach production targets for financial year 2013.
