Mining

Fortescue Metals Group managing director Nev Power has confirmed the iron ore miner is assessing the possible sale of equity in its infrastructure assets.

Paladin Energy boss John Borshoff has sold more than a quarter of his stake in the company, but says he remains confident in the outlook for the uranium sector.

Hancock Prospecting executive director Tad Watroba says the company is confident of its ability to secure about $7 billion in debt to fund its Roy Hill iron ore project. 

Engineering contractor Clough has won a $20 million contract extension at Chevron’s oil facilities off the north west coast of the state.

Mining contractor MACA has added to its recent contract success, winning two fresh contracts with Atlas Iron at the Abydos iron ore mine in the Pilbara.

Australia will have to seriously consider nuclear power as an option if there is no breakthrough on baseload clean energy, Energy Minister Martin Ferguson says.

The world's largest diversified resources company BHP Billiton has become less diverse after exiting the diamond mining business.

New rules for reporting mineral and hydrocarbon resources and reserves will improve consistency and transparency in the Australian share market, federal Resources Minister Martin Ferguson says.

Rio Tinto Australia managing director David Peever has rejected speculation the company is considering pulling back on Pilbara investment, despite it halting expansion of a $44 million fly camp.

 Mining giant BHP Billiton says it is confident cost increases for existing and new projects are being brought under control.

Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion of the Olympic Dam mine in South Australia, but the company still can't guarantee when or if the $30 billion proje

Mining contractor MACA has announced its tenure at the Laverton gold project has been extended to May 2014.

Shares in fertiliser and explosives maker Incitec Pivot have gained more than five per cent after it lifted its annual profit by 10 per cent and increased dividends.

Poseidon Nickel has announced that it could recommence nickel mining at the Mt Windarra site in the north eastern goldfields of Western Australia by June 2013.

Long-running efforts by Michael Fotios’ investment company Investmet to revive Swan Gold Mining and related companies Stirling Resources and Redbank Copper have hit a major hurdle.

Mining and earthmoving equipment supplier Emeco Holdings has become the latest resources sector participant to feel the squeeze, downgrading its profit guidance in the wake of reduced industry acti

Rio Tinto has chosen not to proceed with expansion works at a $44 million fly in, fly out workers camp in the Pilbara at the end of the month.

Cott Oil & Gas is set to list on the Australian Securities Exchange, with the company planning an $8 million initial public offering to fund exploration across its portfolio of oil and gas acre

Chemicals manufacturer Orica's annual profit has fallen by 37 per cent, but it expects an improvement in its underlying performance the year ahead.

The cost of a liquified natural gas project in Papua New Guinea part-owned by Santos and Oil Search has increased by $US3.3 billion to $US19 billion.

Building and construction contractor AusGroup is expecting sustained demand for its services after announcing a 101 per cent jump in first quarter earnings.

Northern Minerals has completed a $5 million share placement to fund development of the Browns Range heavy rare earths project in the Northern Territory.

Shareholders in gold producer Regis Resources are set to begin reaping rewards from the company’s progress with it announcing intentions to pay a maiden dividend next year.

Analysts remain unimpressed by rare earths miner Lynas's financial position despite this week's legal win that will allow it to operate a rare earths plant in Malaysia.

Weaker commodity prices and a high exchange rate have dealt a double whammy to Australia's mining sector, making companies less willing to invest, and driving expectations for domestic growth lower

Nickel miner Albidon is reviewing its Munali development in southern Zambia after announcing a 42 per cent plunge in  the project's nickel resource.

Supporters of the Oakajee Port & Rail project were insisting today the ambitious development was not dead, after its owner Mitsubishi cut spending and two thirds of its staff were abolished.

Brian Gilbertson's Jupiter Mines has frozen spending at its Mount Ida magnetite project, after preliminary estimates from a feasibility study indicated the mine would cost more to develop and opera

The Australian stock exchange has finalised new requirements for mining and oil and gas companies to report their resources and reserves.

Mining contractor Macmahon Holdings says it has reached a termination agreement with its former chief executive Nick Bowen valued at more than $380,000.

Noble Mineral Resources has been forced to accept an $85 million financing offer from Resolute Mining after its preferred proposal from Chinese group Zhongrun Mining Investment fell short of gainin