Shares in coal miner ZYL have jumped after it announced an $18 million financing arrangement for its Mbila and Kangwane Central projects in South Africa.
Iron ore and coal miner Aquila Resources has reported a net loss of $238,000 for the year ended June 30, down from a $3.1 million profit in financial year 2011.
Iron Road's cornerstone shareholder, The Sentient Group, has had to take up the lion’s share of the company's $40 million entitlement issue, after existing retail shareholders subscribed for just 8 pe
The value of Western Australia’s listed companies was largely flat in August, despite growing concerns regarding the health of the energy and resources sector, new research says.
Gold miner Regis Resources is looking to consolidate on a solid financial 2012, after recording a $68 million net profit on the back of a 58 per cent spike in revenue from gold sales.
NRW Holdings says Fortescue Metals Group's decision to defer $1.6 billion of capital expenditure in the Pilbara will result in a $100 million hit to its revenue.
Macmahon Holdings has become the latest WA-based engineering and construction contractor to say Fortescue Metals Group's deferall of expansion plans will have little to no effect on its bottom line.
Chalice Gold Mines is cashed up and on the lookout for acquisitions after completing the sale of its Zara gold project in Eritrea to China’s SFECO Group and the Eritrean National Mining Corporation (E
Shares in Fortescue Metals Group hit a three-year low today, despite the iron ore miner offloading the power station at its Solomon mine in the Pilbara for $US300 million ($A294 million).
The state government has a $7.5 billion black hole in pre-election commitments that it will find harder to plug because of falling iron ore royalties, the Labor opposition says.
Breakaway Resources has signed a joint venture agreement worth $8 million with Sandfire Resources, to explore the Altia base metals project in north-west Queensland.
Heavily indebted iron ore miner Fortescue Metals Group has deferred $1.6 billion of spending on its expansion projects and cut “several hundred” jobs in a dramatic reaction to the sharp plunge in iron
Hancock Prospecting chair Gina Rinehart caused a stir last week when she suggested the minimum wage be cut and called for people who are jealous of the wealthy to socialise less and work harder.
Neptune Marine has lodged a net loss of $39.9 million for the year ended June 30, after taking a goodwill impairment to the tune of $35 million following a review of the performance of its individual
Iron ore miner Grange Resources has become the latest miner to report it will be unaffected by the federal government’s mineral resource rent tax, after reporting a solid net profit for the half year
Uranium miner Paladin Energy says it is looking forward to a year free of construction and commissioning activities after lodging a net loss of $US172.8 million for the 12 months to June 30.
