The last time I saw Sam Walsh, it was just before Christmas and he was shopping with his wife at David Jones in Claremont. As always, he had time to stop for a chat.
Sam Walsh has been promoted to the top job at Rio Tinto, effective immediately, taking over from Tom Albanese who has quit as chief executive after the miner revealed a $US14 billion writedown.
Norton Gold Fields has committed $40 million for the development of its Enterprise open pit project, which will be the next base load operation for the company’s Paddington mill near Kalgoorlie.
Silver Lake Resources has made two dozen positions redundant at its gold operation in the Eastern Goldfields that will result in $3.5 million in savings each year.
Mineral sands miner Iluka will cut production resulting in job losses after tough trading conditions led to a loss of nearly one-third in revenue in 2012 compared to the previous year.
Santos's production costs blew out by up to $50 million in 2012, highlighting the risks to its massive Queensland Gladstone liquefied natural gas (LNG) project.
One week after being ordered to halt its gold mining activities in Indonesia, Straits Resources has restarted part of its Mt Muro mine as talks continue over a disputed boundary lines.
Federal and state authorities would be "nuts" to allow Woodside to replace the gas hub proposed for James Price Point with a floating processing plant, Western Australia's Premier Colin Barnett has
WITH a sharp slump last year in the number and value of stock market floats, and little sign of a recovery, more emerging companies will likely pursue a backdoor listing.
The WA government has told Sandfire Resources it intends to lift the royalty rate for some of the output from its DeGrussa copper mine to 7.5 per cent, which could mean an extra $7 million the mine
The Western Australian government has sparked immediate protests after allowing resources giant Woodside to perform feasibility work at sacred Aboriginal burial sites as part of the proposed gas hu
Rio Tinto has signalled that predictions of falls in iron ore prices hold no fear for it as it posts record annual production, and says its massive expansion plans are on track.
Fortescue Metals Group has terminated its entry into the oil and gas industry, ending discussions with Oil Basins over an onshore shale project within the Canning Basin.
Rox Resources’ share price has lost some of the headway it gained from a nickel discovery late last year, with drilling results suggesting the explorer has yet to hit the “sweet spot”, an analyst s
The federal opposition says the government should come clean with the public on how much the mining tax has raised to date, then immediately move to scrap it.
Altona Mining has to go it alone or find a new partner to develop its Queensland copper project after global miner Xstrata changed its mind and decided not to buy a majority stake in the project.
Metals X looks set to proceed with its Central Murchison gold project following a favourable definitive feasibility study, which estimated the project would generate a pre-tax net present value of
Shares in Base Resources have soared after the mineral sands miner convinced the Kenyan government not to enforce new nationalist laws on it requiring local ownership.
Shares in Apex Minerals have climbed higher on news the gold miner has started a strategic review to look into the potential sale of its flagship Wiluna gold mine or the entire company.
Crosslands Resources has appointed Fluor to refine a recent study over the Jack Hills expansion project, which is key to the development of the Oakajee port and rail operation.
Shares in Aspire Mining have surged after it struck several transactions with commodities trader Noble Group over the Ovoot coking coal project in Mongolia.
This week's jump in iron ore prices to 15-month highs delighted investors and politicians hoping that mining revenue would pour in again, but analysts are nervous about Chinese volatility.
Sirius Resources has relinquished two of its projects as it ramps up exploration at its Nova nickel-copper deposit, starting the new year with seven drill rigs.
Shares in Straits Resources have dropped after it suspended mining activities at its Indonesian operation in response to an order from the local government.