Intrepid Mines shares have surged 27 per cent after the company agreed to allocate around five per cent of its shares to Indonesian media mogul Surya Paloh.
Northern Star Resources has capped a bumper year with a solid lift in earnings, with its full year profit before tax jumping to $31.4 million, up from $20 million in financial year 2011.
Only a quarter of Australia's mining companies are looking to invest in major projects this year, further fuelling concern the mining investment boom is over.
Shares in Campbell Brothers have slumped after the chemicals company warned its earnings growth was expected to slow in the second half of its financial year.
Investors in Sundance Resources face a nervous wait of at least 24 hours to find out if the company's sole project has crucial financial backing from China.
Former CSIRO chief executive Roy Green has been appointed by the state government to investigate more than 200 appeals received regarding the environmental watchdog’s recommendation to approve the
The Australian sharemarket has opened higher as investors increase their exposure to risk while waiting to see if stimulus measures in Europe and the US will spark growth.
Flinders Mines says it can now start developing its flagship $1.1 billion Pilbara iron ore project with no commercial impediments after a takeover bid for the miner by a Russian steel-maker fell th
Two Broome grandmothers who chained themselves inside a van to protest Woodside Petroleum's proposed $30 billion Kimberley gas hub have been fined $500 each and given spent convictions.
Western Australia’s environmental regulator has placed a stringent set of conditions on the Anketell Point port proposal near Karratha, but has recommended the project for approval by the state gov
Mining magnate Gina Rinehart has been ordered to pay the legal costs of three of her children who are seeking to oust her as trustee of the multibillion dollar family trust.
Doray Minerals is targeting the middle of next year for first output from its Andy Well gold project near Meekatharra, after giving the development the final investment go-ahead today.
Mark Creasy-backed Sirius Resources was one of the biggest movers on the ASX for the second day running, as the company released an update on its new Fraser Range nickel discovery.
Intrepid Mines has posted a first half loss of $US31.97 million ($A30.86 million) as it aims to resolve joint venture problems and legal issues at its Indonesian operations.
Perth-based Sirius Resources’ share price has soared, and neighbouring explorers have also jumped, following discovery of a new nickel and copper sulphide deposit in the eastern Goldfields.
Caltex Australia insists its decision to close its Sydney oil refinery and turn it into an import terminal at a total cost of $680 million is necessary to secure the company's future.
ASX-listed mineral explorer Black Mountain Resources has made a push to increase investor exposure by commencing trade on the London-based Alternative Investment Market.
The patience of Oz Minerals shareholders continues to be tested, with the company revealing a sharp quarterly jump in production costs and development of its new copper-gold project.
Prominent businessman Geoffrey Cousins is no more important than anyone else on the anti-Browse gas hub bandwagon, Resources Minister Norman Moore says.
The effective ban on coal mining in the Margaret River region adds to uncertainty weighing on the industry and will push companies elsewhere, the body representing small miners says.
Redundant workers from ailing sectors such as manufacturing are being targeted for work in the resources sector, Minister for Employment Participation Kate Ellis says.
