Japan's JFE Steel has rejected BHP Billiton's proposal for monthly pricing for coking coal, rather than the quarterly pricing arrangement that was introduced last year, according to reports.
Atlas Iron has announced a maiden profit result of $30.1 million for the half year ended December 31, and has flagged that profit will increase in the second half of financial year 2011.
Perth-based engineering and construction group Clough has announced that its Clough Curtain joint venture has been awarded $209 million in work orders associated with the PNG liquefied natural gas upstream infrastructure project.
Rio Tinto says it has received a binding offer from French mineral conglomerate Imersys to buy the mining giant's global talc business for $US340 million ($A341.28 million).
Mining driller Boart Longyear returned to profitability in 2010 but said it was worried about growing labour shortages, which could affect its ability to deliver projects on time.
Treasurer Wayne Swan believes the world economic growth outlook has improved, but he's also warned that oil prices will rise as a result of instability in the Middle East and north Africa.
Rio Tinto has appointed Sinclair Knight Merz as the engineering, procurement and construction management contractor for the expansion of its Cape Lambert port in the Pilbara.
Engineering giant WorleyParsons says it expects higher full year earnings after a dip in first half net profit due to the strong Australian dollar and tight margins.
Shares in Macmahon Holdings slipped after it posted a disappointing first half loss due to a write-down on its joint venture Pilbara rail project with Leighton Holdings.
Bauxite Resources has been granted 13 additional exploration licenses in Western Australia's Darling Range, which the company says will strengthen its joint venture with China's Yankuang Group.
Chinese coal miner Blackgold International Holdings is set to list on the Australian Securities Exchange in Perth tomorrow, after its $70.2 million initial public offering closed oversubscribed.
Fortescue Metals Group boss Andrew Forrest says he hopes to appeal a decision by the Federal Court that found he made misleading claims about infrastructure deals that never came to fruition.
Neptune Marine says it recorded a break-even result in the December quarter,bouncing back from a $6 million loss in the September quarter, as it prepares to release its half-year results next week.
Mining services provider Maca has reported half year net profit up 121 per cent, and says it expects to exceed full year profit guidance contained in its pre-float prospectus.
WA's steel industry has called for the Barnett government to release more details on how much local work has been created by Chevron's $43 billion Gorgon gas project and Fortescue Metals Group's iron ore operations in the Pilbara.
Fortescue Metals Group has been cleared of failing to maintain a safe environment when a cyclone ripped through its rail construction camp in 2007, killing two workers.
Iron ore miner Fortescue Metals Group has booked a seven-fold increase in first half net profit and says it has an exciting future in a strengthening iron ore market.
Cape Lambert Resources says it took advantage of a dip in its share price on Thursday to implement an on-market share buy-back that was flagged in October.
Mineral Resources has reported a 121 per cent increase in net profit for the half year ended December 31, on the back of record-high iron ore prices and improved performance from its contracting operations.
Toro Energy has entered an agreement to purchase additional uranium tenements adjacent to its Wiluna uranium project from Russian mining giant Norilsk Nickel for $4.5 million cash and a conditional royalty.
Perdaman Chemicals and Fertilisers has finalised rail transport deals with WestNet Rail and QR National for its $3.5 billion urea manufacturing plant near Collie.
