Mining

Prime Minister Julia Gillard is under pressure from the Labor caucus to make mining companies contribute more to local communities and review the government's plan to allow more foreign mine worker

Gold miner Resolute Mining has acquired a 20 per cent stake in Noble Mineral Resources, while at the same time making an $85 million financing proposal designed to trump a similar offer from China’

Indian company Lanco Infratech has released details of the planned expansion of its Griffin Coal business, in which it will invest an estimated $1.2 billion to underpin annual exports of 12 million

The federal government is playing down reports its new mining tax has failed to raise a single cent of revenue in its first three months.

Gold miner Newcrest says it expects to produce more than three million ounces of the precious metal annually within a few years.

Mineral Commodities has announced plans to raise $14.5 million through a placement a, to fund the development of its Tormin mineral sands project on the west coast of South Africa.

Engineering and construction contractor Forge Group has outlined a new divisional structure to support a planned diversification of its business into the process infrastructure and oil & gas se

Southern Cross Electrical Engineering has announced a $100 million contract with Rio Tinto as part of its Cape Lambert port expansion.

Mining productivity is expected to turn around and post big gains over the next decade, but the sector is unlikely to enjoy the same rate of growth in employment, a central banker says.

Engineering firm WorleyParsons has bought South Africa-based company TWP Holdings for $100 million and extended a contract with BP in Iraq.

Perth's local government structure badly needs to be overhauled and reduced to no more than 20 metropolitan councils, Premier Colin Barnett says.

Engineering and construction group Monadelphous has announced $320 million in new contracts for Rio Tinto in the Pilbara.

Leighton Contractors has won a $126 million engineering and construction deal for Inpex’s $US34 billion Ichthys natural gas processing facility in Darwin.

Nomad Building Solutions subsidiary McGrath Homes has won a $28.8 million contract to design, manufacture and install 60 modular homes for Rio Tinto.

The local head of global fuel giant BP has warned that Australia is losing investment because it is increasingly expensive to do business and the federal government is failing to tackle the issue.

Resources Minister Martin Ferguson has ruled out Australia pursuing nuclear energy as an increasing number of states open the door to uranium mining.

Phoenix Gold has raised $20 million through a share placement, to accelerate drilling programs at its gold projects in the Goldfields over the next 12 to 15 months.

Oz Minerals says it remains on track to meet its full-year guidance despite posting a fall in copper and gold production during the September quarter.

Clothing and homewares supplier Pacific Brands says it is too early to tell if its financial results will improve upon last year's.

West Perth based nickel explorer ENK will officially delist from the Australian Stock Exchange today after being taken over by Filipino resources and construction giant DMCI Holdings.

Energy giant Woodside Petroleum is looking to expand its operations to Israel.

The defence and resources sectors should introduce a "buy Australian" policy, a union says, amid a slump in Western Australia's manufacturing industry.

Drilling services and mining contractor Ausdrill is considering issuing $US300 million in unsecured notes to USA-based institutional investors.  

Amadeus Energy has announced a merger deal with UK-based Ecofin Energy, owners of Texas-based Lonestar Resources.

Mining services provider OTOC has announced a $32 million contract win for Rio Tinto in the Pilbara.

NRW subsidiary Action Drill and Blast has won a three-year, $100 million supply contract with John Holland Group in Queensland.

Southern Cross Goldfields says it has a short-list of financiers to provide the necessary funding to complete the acquisition of the Sandstone gold project from Troy Resources.

Rio Tinto says it has attracted strong interest from Asian and European buyers at its annual pink diamond sale.

Reed Resources has launched a $10 million placement and share purchase plan, to boost working capital as it moves towards start-up at its Meekatharra gold project.

Shares in Sundance Resources have risen by almost six per cent after China's Hanlong Mining locked in deals securing loans to help it finance its $1.37 billion takeover of the iron ore company.

Reports of a colossal gold nugget being found during illegal prospecting near Kalgoorlie appear to be a hoax.

Signs of life are starting to emerge in the sputtering initial public offerings market, with three Western Australian explorers advancing plans to list on the Australian Securities Exchange this we