Junior explorers Highfield Resources and Venturex Resources have braved an uncertain market, announcing plans to raise up to $16.4 million collectively.
Gold snapped higher overnight, reboundinvg a day after the biggest selloff in 30 years amid signs that the lower prices were luring buyers of bullion, coins and jewellery.
Mermaid Marine managing director Jeff Weber has sold $5.4 million worth of shares in the company, to fund the exercise of incentive options and the associated tax liabilities.
Mining giant Rio Tinto says global iron ore production increased to 61 million tonnes in the March quarter, up six per cent on the same period last year.
Global Surface Mining says a $160 million contract win with Fortescue Metals Group is an important step forward for the surface mining industry in Australia.
Privately-owned Kwinana company Stella Industrial is looking to recruit extra staff after winning its largest contract, on Chevron’s Gorgon gas project.
Gold prices have plunged deeper, reaching their lowest level in more than two years as other metals also fell amid market pessimism owing to an unexpected slump in Chinese economic activity.
Mining giants Rio Tinto and BHP Billiton are expected to post softer iron ore and coal shipment reports after a series of cyclones hit northern Australia earlier this year.
Mining companies should be focusing on improving productivity rather than just digging up bigger volumes of minerals, according to a report by consultants PwC.
Gold careened into bear-market territory on Friday, slipping below $US1,500 an ounce at one point, further succumbing to investors' push for higher yields.
The increased likelihood of the Browse gas project being developed as a ‘floater’ takes to nine the number of floating liquefied natural gas (FLNG) plants under construction or being considered for
Mining billionaire Andrew Forrest says Australia will be left behind if efforts aren't made to make Sydney a strategic trading centre for Chinese currency.
UNITED States Ambassador to Australia Jeffrey Bleich says the US economy is well on its way to recovery, presenting a bullish perspective on the superpower’s outlook.
Alkane Resources says its Dubbo zirconia project is financially and technically robust, after completing a definitive feasibility study that put a $996 million price tag on the development.
Mining billionaire Andrew Forrest has shown how you do philanthropy at the big end of town: put a million bucks on the table and challenge everyone in the room to match it.
Australia is lagging the world's best economies when it comes to productivity and needs a new plan to stop it falling further behind, BHP Billiton's chairman says.
Gold slumped Wednesday in the largest decline since November as details from the US Federal Reserve's latest policy meeting showed more discussion on throttling back on the central bank's easy-mone
Shares in Australia's Alumina have leapt up after its joint venture partner Alcoa signalled that the aluminium industry had turned around, with a jump in profit.
The impact of disappointing commodity prices on the wider Perth economy has become clear this week with a key annual conference postponed due to low numbers.
Shares in Sundance Resources plunged after resuming trade today, after it officially canned its $1.3 billion takeover deal with China's Hanlong Mining overnight.
Four Filipino men hired to paint two oil rigs off the coast of Western Australia were paid less than $3 an hour for working 12-hour days, a Perth court has been told.
The high costs of compliance with the Minerals Resource Rent Tax are destroying confidence and threaten to push investment offshore, industry leaders have told a Senate committee hearing in Perth.
