Mining contractor Barminco says an initial public offering is off the agenda until at least 2014, as it aims to re-finance its debts over the current financial year.
Iron ore miner Atlas Iron says it has completed a $US275 million financing package to put it on track to produce 12 million tonnes per annum by December 2013.
BC Iron has announced it will acquire an additional 25 per cent interest in the Nullagine iron ore project from joint venture partner Fortescue Metals Group for at least $190 million.
Another mistake in acquiring land for Woodside's controversial Browse gas hub has made targeted timeframes "tight", Lands Minister Brendon Grylls concedes.
Perth-based mining company Talison Lithium has accepted a sweetened takeover proposal from China’s Chengdu Tianqi Industry Group, which trumped a competing proposal from an international chemicals com
Wolf Minerals' major shareholder Resource Capital Funds has agreed to provide a 12-month funding package worth up to US$82 million (A$79 million) to support continued work on the Hemerdon tungsten and
Chevron has confirmed a major cost blowout at its Gorgon liquefied natural gas development off the Western Australian coast, but it is not as large as speculated.
Forge Group has bucked the trend of mining services providers downgrading expectations, forecasting a profit improvement in FY2013 of between 28 and 43 per cent.
Nickel miner Western Areas has launched a $65 million capital raising to provide greater fiscal flexibility as it continues to explore its opportunities in the state’s Forrestania region, south-east o
Base Resources has announced a plan to list on London’s Alternative Investment Market, in order to tap UK and European interest in its $US298 million Kwale mineral sands project in Kenya.
Aquila Resources has disclosed that it has still not reached agreement with its joint venture partner AMCI on a 2012-13 budget for their West Pilbara iron ore joint venture.
Northern Star Resources shares have slumped sharply on the ASX today, after the gold miner announced that its major shareholder and members of its board of directors had agreed to sell a combined 10 p
Gindalbie Metals has announced it will tap investors for $62 million to insulate it against continuing iron ore market volatility, as it ramps up production at the Karara magnetite project in the Mid
Grange Resources has announced it will dramatically reduce spending and slash jobs at its Southdown magnetite iron ore project near Albany, the latest victim of continued uncertainty in commodities ci
