Mining

A man has died after a rock fall at BHP Billiton's Olympic Dam underground copper mine in South Australia, while another man has been killed after being struck by a train near Guildford Station.

Oil prices have advanced further as OPEC forecast a reduction in US output amid a dip in North American crude production.

Gold prices have risen after tough talk by Greece's newly elected government sparked fears about the integrity of the eurozone.

The North West Shelf’s six joint venture partners have yet to declare their hand as a deadline for ending their joint gas marketing agreement draws near.

A planned backdoor listing by Perth technology business Cloud Lands Digital Fortress, which was established by prominent company promoter Ross Smith, has been cancelled.

Kalgoorlie-based Phoenix Gold has raised $5 million from a placement and plans to raise an additional $1 million in a share purchase plan.

The problems for BHP Billiton’s management team didn't start with the South32 proposal, but that plan has brought things to a head.

Australia's largest gold miner Newcrest Mining is expected to report a first half loss as production continues to wane.

Shares in General Mining Corporation have skyrocketed by over 700 per cent on news it was granted the right to solely operate Galaxy Resources’ Mt Cattlin tantalum project near Ravensthorpe, in exchange for $7.5 million in lease fees and a 10 per cent production royalty.

Metals X has agreed to acquire a 25 per cent stake in Tanami Gold’s Central Tanami gold project in the Northern Territory for $11 million in cash and 4 million shares.

Gold has slumped to its lowest level in three weeks as some investors recalibrate their outlook on US interest rates after a stronger-than-expected US jobs report.

West Perth-based Golden Rim Resources will sell its Balogo gold project to Turkish company MNG Group for up to $12.8 million, with the full payment dependent on the mine going into commercial production.

Specialist oil and gas services company 3B Survey has bucked the gloomy mood in the sector by shifting its Australian head office to Perth to pursue growth opportunities.

Western Australian gold producers are enjoying a bright start to 2015 as the domestic price of the precious metal surges higher.

Perth-headquartered Bristow Helicopters Australia has acquired an 85 per cent interest in Darwin-based Airnorth for $30.3 million.

Murphy Pipe & Civil has strongly denied allegations that it breached 457 visa sponsorship regulations, after the Department of Immigration and Border Protection yesterday carried out an inspection at the company’s offices.

Engineering firm Calibre Group has flagged an $185 million to $190 million impairment as a result of a downturn in its business outlook and forecast trading conditions, as well as the cost of property leases.

Oil prices have rallied in volatile trading, partly erasing the previous day's heavy losses in what analysts said was mostly a technical rebound.

Gold has nudged lower as a stronger US equities market and shifting expectations for US interest rates hemmed in traders' appetite for the haven asset.

Accounting firm KPMG is launching a business ‘accelerator’ that is designed to assist early-stage technology ventures and bring them together with major companies in the energy and resources sector.

A bushfire is hampering mining operations for BHP Billiton and Newmont Mining at two Western Australian sites.

The Department of Immigration and Border Protection has raided the office of mining sub-contractor Murphy Pipe & Civil over allegations it has been assisting foreign employees fraudulently obtain work visas.

US fund management giant The Capital Group has taken a 5 per cent stake in the world's fourth biggest iron ore miner, Fortescue Metals Group.

Perth-based Macmahon Holdings has flagged a $125 million to $135 million impairment in first-half profit on the back of challenging market conditions in the mining services sector.

The Gorgon gas project, which is due to be completed this year, is continuing to deliver work opportunities for local contractor AusGroup.

Gold prices have ended higher as investors hunker down for drawn-out debt negotiations with Greece, boosting demand for the precious metal as a haven asset.

New York-based resource investment company Sigur Minerals has taken a $1.9 million placement in Walkabout Resources, representing 19.9 per cent of the Perth-based junior exploration firm’s stock.

Development drilling has commenced at the Inpex-operated Ichthys gas-condensate field, marking another milestone in the US$34 billion project.

The Department of Mines and Petroleum has finalised new environmental assessment fees for mining proposals and program-of-work applications, to take effect from July 1.

Gold miner Ramelius Resources expects to return to profit due a higher gold price and increased production.

West Perth-based Regal Resources has entered into a $6.3 million share placement agreement with a UK-based investor to fund a bankable feasibility study for its 30 per cent owned Kalongwe copper project in Africa.

Beach Energy shares soared today after the Kerry Stokes-chaired Seven Group Holdings confirrmed it had acquired nearly 14 per cent of its stock.