Andrew Forrest has stepped up his battle with the federal government over the mining tax by releasing details of a compromise package he says was negotiated with former prime minister Kevin Rudd.
Woodside Petroleum's first quarter revenue is up 20 per cent to $US1.2 billion, despite a 10 per cent fall in production due to the impact of cyclones.
Prime Minister Julia Gillard has accused mining magnate Andrew Forrest of peddling "rehashed old nonsense" about finalising an agreement with Kevin Rudd on a revised mining tax deal in 2010.
Shares in Grange Resources rose after the iron ore pellet producer reported an improvement in first quarter production from its Savage River mine in Tasmania.
Japan's Chubu Electric Power Company has inked a non-binding deal with Chevron to buy liquefied natural gas (LNG) from the US energy giant's Wheatstone project.
Fortescue Metals Group founder Andrew Forrest says the government needs to build a deeper relationship with China otherwise Australia risks losing opportunities with the Asian superpower.
Greedy landlords, including the state government, are forcing housing and living costs up across the state's resource-rich regions, harming productivity, iron-ore miner Fortescue Metals Group
Perth-based oil and gas explorer Strike Energy shares have jumped after the company reported drilling results that exceeded expectations from its latest round of exploration in South Australia’s Co
BC Iron has reported record tonnes mined and shipped for the three months ending March 31, with the Perth-based miner saying it is on track to ship more than 3.5 million tonnes of iron ore over fin
Rio Tinto's lucrative copper unit has taken a hit, booking an 18 per cent slide in first quarter output, but the mining giant's cash-cow commodity, iron ore, once again has come to the rescue.
The mining industry says fly-in fly-out work practices ensure the resources sector is supplied with the right skill sets necessary for expansion, and has tipped a further increase in the practice,
Private equity firm KKR will benefit from economies of scale if it buys diamond assets being offloaded by mining giants BHP Billiton and Rio Tinto, an analyst says.
Sumatra Copper and Gold stocks have risen after the company released a study showing increased upside at its Tembang gold and silver project in Indonesia, and received a 20-year mining lease approv
Ivanhoe Australia says its Merlin molybdenum and rhenium project will cost $345 million to bring into production, slightly more than previous estimates.
If Premier Colin Barnett joins a High Court challenge to the mining tax when he doubts it will succeed then it shouldn't be funded by taxpayers, the state opposition says.
Engineering and property services company UGL Limited has been awarded around $370 million worth of new projects across Australia, including $270 million of resources projects.
The High Court of Malaysia has knocked back a request to review the recent decision to grant the rare earths miner Lynas Corporation a a temporary licence for a processing plant.
The resources sector has welcomed the state government's plan to underground a series of power lines between Perth and Newman, a move it says will reduce significant costs and delays in moving larg
Mining billionaire Clive Palmer, who has savaged the federal government's mining tax, reportedly did not have to pay tax in his main private company last year.