Fortescue Metals Group has settled a long-running dispute with Leucadia National Corporation, agreeing to terms to repay $US715 million in unsecured loan notes.
Focus Minerals’ is aiming to expand output to more 500,000 ounces of gold per year after one of China’s top gold producers, Shandong Mining, agreed to take a 51 per cent stake in the Perth-based miner
Privately-owned firms Thistle Fabrication and Primero Group, as well as Geraldton's Lenane Holdings, have won construction contracts for the Empire Oil & Gas-led Red Gully processing facility near
The mining industry has welcomed the strengthening of environmental conditions for the state's proposed first uranium mine after an independent review of appeals.
Energy giant ConocoPhillips coud become the second company, after Japan's Inpex, to transport gas from a field off the Western Australian coast to an LNG processing plant at Darwin.
France-based oil and gas engineering company Technip has won a €210 million ($262 million) works deal at Inpex’s Ichthys LNG project off the Western Australian coast.
Ginadalbie Metals shares have jumped by more than 10 per cent after the Perth-based miner officially opened its dedicated port terminal for the Karara iron ore project in Geraldton this morning.
Thermal coal miner New Hope says it is reviewing the pace at which it is developing new projects because of falling coal prices and the strong Australian dollar.
Fortescue Metals Group has resolved its short-term funding problems after securing the backing of global banking groups Credit Suisse and JP Morgan for a new US$4.5 billion credit facility.
Apex Minerals is set to go to market for more funds, with its Wiluna operation expected to become cash-flow positive next month as it ramps up production to between 12,000 and 13,000 ounces of gold in
Engineering and construction contractor LogiCamms has won $10 million worth of contracts for the Wiggins Island Export Terminal in Queensland and Australia-Pacific LNG.
Doray Minerals shares have risen after the gold miner announced it had finalised a $55 million funding arrangement for its Andy Well gold mine in the Murchison region.
Forge Group subsidiary Cimeco has received a notice of award for a $70 million engineering and procurement contract at Rio Tinto’s West Angelas and Brockman iron ore mines in the Pilbara.
Engineering and construction group Clough has won a key contract at Tap Oil’s Manora oil development in the Gulf of Thailand, adding a $US60 million package of works with Pearl Oil to its growing orde
A fresh capital raising and further asset sales are believed to be among the options being evaluated by iron ore miner Fortescue Metals Group, which has halted trade in its shares as negotiations cont
Shares in Fortescue Metals Group dropped by nearly 14 per cent today, on media speculation that the iron ore miner had asked its lenders to waive its debt covenants for the next 12 months.
LinQ Resources Fund has accepted an off-market takeover bid from Singapore-based investment house IMC Resources that values the target at around $80 million.
