Miners Mount Gibson Iron, Atlas Iron and Sinosteel Midwest Corporation have announced plans to slash spending and reduce the size of their workforces in response to recent iron ore market uncertainty.
Gold miner Newcrest expects gold production to progressively increase over the remainder of the year after a fall in quarterly production due to processing interruptions.
Woodside Petroleum has lifted its full year targets and unveiled record production results, thanks to a better than expected performance at its Pluto operation.
Scotland-based oil and gas services firm Global Energy Group has announced the acquisition of Perth-based energy sector access, inspection and maintenance company Vertech Group.
The woman at the helm of Barrick Gold’s Granny Smith mine in the Yilgarn has been named Western Australia’s Business Woman of the Year in the 2012 Telstra awards.
NRW Holdings has won a $90 million earthworks contract for Rio Tinto at its Yandicoogina iron ore mine in the Pilbara.
The contract is expected to run for 40 weeks, commencing in late November.
Engineering and project services group Clough has won a $10 million contract to support exploration works at the Morobe Mining joint venture’s Wafi-Golpu project in Papua New Guinea.
Perth-based explorer Hot Chili has launched a $35.5 million capital raising to fund development at its Productora copper-gold-molybdenum project in Chile.
Six weeks after announcing a dramatic slowdown in its growth plans, iron ore miner Fortescue Metals Group says its stalled Kings project could resume later this year and be in production as early as A
Magellan Metals' Canadian parent Ivernia has announced plans to re-start mining at its Wiluna lead mine are well advanced, with the project to be operational again in the second quarter of 2013.
Turmoil on global equity markets and the uncertain project outlook in Australia are continuing to weigh on the mining services sector, despite recent large contract wins and generally positive financi
The Chamber of Minerals and Energy says June quarter results for Western Australian mining companies are cause for cautious optimism, with Chinese demand “unlikely to slow down drastically”.
Syndicated Metals has completed a $2.85 million capital raising to fund exploration and evaluation of its copper-gold project portfolio near Mt Isa in northern Queensland.
Perth-based gold explorer International Goldfields has announced a cash and scrip merger agreement with United States-based Santa Fe Gold Corporation, to create a diversified gold and silver miner wit
Gold explorer Boadicea Resources has made a positive start to life on the Australian Securities Exchange, its shares closing at almost three times their issue price on debut today.
PMI Gold Corporation has entered an agreement with a syndicate of underwriters to raise $C100 million ($A99 million) for the development of its Obotan gold project in Ghana.
