Fortescue Metals Group has borrowed $US1.5 billion ($A1.44 billion), half a billion more than initially intended, to fund the iron ore miner's expansion plans.
The gold price could rise to $US2,200 an ounce by 2013 as global economic uncertainty continues, South Africa-based gold mining giant AngloGold Ashanti says.
Perth-based oil and gas junior Buru Energy has extended its gas supply agreement with Alcoa by one year, giving it more time to establish sufficient reserves to commence supply of the gas.
Rio Tinto plans to use surplus water from its Pilbara iron ore mines to cultivate crops on its pastoral leases in the Pilbara, to use as stock feed for its little-known cattle farming activities.
Western Australian companies reported the nation's highest growth in 457 visa recruitment over the past 12 months, according to KPMG's latest annual skilled migration survey.
Stocks in Pan Asia Corporation shot up today after the mining and exploration firm revealed a 115 per cent increase in resource reserves at its flagship coal project in Indonesia.
Rio Tinto will sell 13 of its aluminium units including refineries and smelters as the world's second biggest miner seeks to streamline its Alcan business.
Qantas Airways says its decade-long association with Rio Tinto has been extended for a further three years after the airline signed a new agreement with the mining giant.
The Australian Securities Exchange is evaluating stricter rules for the disclosure of reserves and resources by listed mining and oil & gas companies, in order to align Australian standards wit
Today's confirmation that the coal miner, New Hope, has put itself up for sale follows yesterday's capitulation by iron ore miner, Sundance, and begs the question: who's next?
ERM Power and its joint venture partners Empire Oil & Gas and Wharf Resources have signed a gas supply agreement with Alcoa of Australia for gas from its Gingin West and Red Gully gas fields, o
THIS week's good news on the resources front – the formal go-ahead of the $29 billion Wheatstone gas project – has quickly turned into a political stoush over the issue of local content.
Geraldton-based Centrals Civil Earthmoving and Mining Contractors has won two major three-year mining services contracts with MMG Golden Grove, which it says will create 40 new jobs in the Mid West
Southern Cross Electrical Engineering has joined fellow Perth-based contractor NRW Holdings in signing a framework agreement with Rio Tinto that makes it a preferred contractor for the iron ore min
Rio Tinto has committed to spend a further $US833 million ($813 million) in the Pilbara, as part of its drive "to substantially increase iron ore production capacity".
Unlisted Perth company Global Advanced Metals (GAM) has announced a $US400 million acquisition that continues the revival of the two specialist minerals businesses that emerged from the a
Iron ore miner Fortescue Metals Group has won a court victory in its acrimonious native title battle with the Yindjibarndi Aboriginal Corporation, which appears to pave the way for development
Mount Gibson Iron will issue its first dividend to shareholders after booking a net profit of $239.5 million for financial year 2010-11, an increase of 81 per cent on the previous year's results.
Perth-based iron ore miner Grange Resources has signed an agreement with Shree Minerals which it says will pave the way towards increasing its Tasmanian iron ore pellet production by 150,000 to 300
Copper-gold and base metals explorer Mogul Resources has launched a $7.5 million initial public offering to fund the development of its extensive portfolio of Indian resources projects.
Police have brushed past a protest blockade to escort Woodside Petroleum contractors to the site of a proposed gas hub at James Price Point in the Kimberley.
