Mining

Forge Group has announced a $105 million contract win with Worley Parsons, to construct a power station for BHP Billiton near Newman.

Contractor Macmahon Holdings had more bad news for shareholders today, announcing that it would sell its construction business for just $16 million, raise more capital at a deeply discounted price,

BC Iron has raised $47 million from a share placement which will ensure the company has enough funds to complete the its acquisition of an additional 25 per cent stake in the Nullagine iron ore joi

Construction and engineering firm Decmil Group has won a $30 million contract with Rio Tinto to construct workshops and other minesite facilities in the Pilbara.

BHP Billiton has extricated itself from the contentious Browse gas project, agreeing to sell its interest to PetroChina in the third major ownership change the project has seen this year.

Cape Lambert Resources has agreed to pay the Australian Taxation Office $33 million as a provisional settlement for a dispute over $96 million in back taxes and penalties.

Engineering contractor Clough has extended its $200 million finance facility with a consortium of banks for a further three years.

Sirius Resources has raised $44 million to advance drilling programmes and project studies at its Nova copper-nickel discovery near Norseman.

Woodside managing director Peter Coleman has called for a broader debate on productivity issues, saying there has been too much focus on blue collar wage rates and not enough on costs the gas indus

Engineering contractor Sinclair Knight Merz has announced a renewal of its engineering, procurement and construction management agreement with Rio Tinto through to 2015.

A lack of uncommitted available reserves coupled with the demand for Australia's liquefied natural gas could create challenges for domestic gas supplies by 2016.

Transfield Services has won several new contracts worth $140 million, including work on two major energy projects.

Former Murchison Metals chairman Paul Kopejtka has joined the board of metals explorer Ascot Resources.

Uranium producer Peninsula Energy has secured $36 million in funding for the construction of the Lance uranium project in Wyoming.

Mining contractor Barminco says an initial public offering is off the agenda until at least 2014, as it aims to re-finance its debts over the current financial year.

Mining contractor Macmahon Holdings is poised for a capital raising as it battles to reverse a drop in earnings and tries to cut costs.

Iron ore miner Atlas Iron says it has completed a $US275 million financing package to put it on track to produce 12 million tonnes per annum by December 2013.

BC Iron has announced it will acquire an additional 25 per cent interest in the Nullagine iron ore project from joint venture partner Fortescue Metals Group for at least $190 million.

Woodside Petroleum has reached another joint venture agreement to expand its exploration interests in Myanmar (Burma).

Another mistake in acquiring land for Woodside's controversial Browse gas hub has made targeted timeframes "tight", Lands Minister Brendon Grylls concedes.

Perth-based mining company Talison Lithium has accepted a sweetened takeover proposal from China’s Chengdu Tianqi Industry Group, which trumped a competing proposal from an international chemicals

Wolf Minerals' major shareholder Resource Capital Funds has agreed to provide a 12-month funding package worth up to US$82 million (A$79 million) to support continued work on the Hemerdon tungsten

Suggestions Clive Palmer has transferred the registered address of his companies to Western Australia because of dissatisfaction with the Queensland government are overstated, the mining tycoon say

Resource companies operating in West Africa have been angered by the rise in resource nationalism.

A massive barge that has been grounded off the Western Australian coast for a week is not seriously damaged, but is still stranded on a limestone reef near Cervantes.

High domestic petrol prices are being influenced by international trends rather than price gouging by local fuel retailers, the competition watchdog says.

Gina Rinehart's Hancock Prospecting has begun raising debt to help fund its Roy Hill iron ore project in the Pilbara.

Shares in Sundance Resources fell sharply after the Africa-focused iron ore hopeful came out of a trading halt, amid investor concerns about its on-again, off-gain takeover by China's Hanlong Resou

Woodside and Shell have acknowledged the significant strain placed on the families of fly-in, fly-out workers.

Neptune Marine has signed a framework agreement to provide sub-sea engineering services for BP in the UK.

 Mining has been banned around a prime tourist attraction in the west Kimberley, the Horizontal Falls, but it's unclear which miners will be affected.

Forge Group has bucked the trend of mining services providers downgrading expectations, forecasting a profit improvement in FY2013 of between 28 and 43 per cent.