Uranium miner Paladin Energy has reported a half year net loss of $US193.5 million, with a number of large write-downs and impairments souring a record half year combined production result.
Western Australians are most concerned about future energy needs, rising living costs and the state of the public health system, according to a survey released today.
Laing O’Rourke has announced a major contract win with construction and engineering group Bechtel at Chevron’s Wheatstone liquefied natural gas project.
Cleveland Mining has secured $7 million in fresh funding to advance exploration and sampling programs at its Premier and Mara Rosa gold projects in central Brazil.
Mineral Resources has booked a 22 per cent drop in half year net profit, on the back of a slump in iron ore prices over the second quarter of financial year 2013.
Northern Star Resources has booked a half year profit increase of 78 per cent, after increasing production capacity at its Paulsens gold mine to more than 100,000 ounces per year.
The mining industry has urged state and federal governments to tread with caution over implementing recommendations from a parliamentary inquiry into fly-in, fly-out work practices, saying some of the
Mining company KalNorth Gold Mines has begun production from its Lindsay’s project near Kalgoorlie, forecasting the production of 40,000 ounces of gold over the next 18 months.
Junior miners Gold Road Resources, Rox Resources and Nkwe Platinum are raising a combined total of $14.95 million to accelerate exploration programs at their respective developments.
Shares in Apex Minerals jumped on the ASX today after the Perth-based announced an agreement to sell its Youanmi gold mine near Sandstone in the Murchison for $15 million.
Former water-proofing company Hydrotech International has turned its attention to resources and overcome tough market conditions to raise more than $6 million to fund its first venture.
Shares in Bauxite Resources jumped on the ASX today after the Perth-based miner announced the appointment of former Sundance Resources executive Peter Canterbury as chief executive.
Shares in one of Australia's largest gold companies, Alacer Gold, have shot up after it announced its sale of interests in the Frog’s Leg gold mine near Kalgoorlie for US$171 million ( million).