Mining giant BHP Billiton has said that its exploration and capital expenditure for the 2014 financial year will decline significantly to approximately $18 billion as the company looks to reduce costs
The shale gas industry doesn’t stack up commercially and companies that have invested in the sector are following a herd mentality, Woodside managing director Peter Coleman said today.
It might be too early to crack the champagne but junior miners are certainly celebrating the weakening of the Australian dollar, which had lost its traditional connection with commodity prices and rem
West African gold miner Noble Mineral Resources has halted surface mining operations at its Bibiani project in Ghana, as it evaluates funding options for an underground development.
Redbank Copper shares had a lukewarm return to trading today, closing at 0.4 cents after a major restructuring and recapitalisation led by investor Michael Fotios.
The falling gold price is continuing to hit Western Australia’s resources sector, with Saracen Minerals today joining a string of companies to cancel projects, slash costs and launch strategic reviews
The resources industry is urging the federal government to tread carefully as it attempts to plug holes in its budget, due to be handed down early next week.
Moly Mines shares have shot up on the ASX after the company announced it had signed a mine gate sale agreement with Mineral Resources worth up to $38 million for output from its Spinifex Ridge iron or
Caravel Minerals gone to the market to raise some extra cash as it seeks to develop its gold and copper acreage in WA and Queensland with a reunited management team from Dominion Mining.
Woodside Petroleum has been voted the state’s most attractive employer at this year’s Randstad Awards, which also revealed that competitive salaries had become the most important factor for Western Au
Singapore-listed resources construction services firm AusGroup has made a key step towards listing on the ASX, signing a conditional agreement to acquire two Malaysian resort development companies for
