Perth-based Phosphate Australia is considering a $226 million slurry pipeline option for the development of its Highlands Plains project that straddles the border of Queensland and Northern Territory.
Miner Kagara expects to launch the initial public offer of its gold spin-out vehicle in April as operations returned to profitability in the December quarter on the back of a higher metal price environment.
High profile accountant Domenic Martino will be joining Pan Asia Corporation as chairman once the company completes its acquisition of Innovation West.
A higher nickel price and better returns on listed investments have prompted miner Independence Group to lift its first half profit guidance to $11.2 million.
Perth companies Tanami Gold and ABM Resources have teamed up to buy a portfolio of gold projects in the Northern Territory from Newmont Asia Pacific for close to $33 million.
Shares in Indo Mines have soared after the company announced it had acquired unlisted company Fireside Resources and its various Indonesian resource assets including a coal project scheduled to begin production in April.
Perth businessman Rick Hart, better known for his namesake retail outlets, is excited about his next venture outside of retail, crossing over to the resources sector as chairman of new gold exploration company, Renaissance Minerals.
Chevron's long-term plans for its $43 billion Gorgon project have been given a boost today after the discovery of gas in the Greater Gorgon area in the Carnarvon Basin.
Shares in India Resources have closed 30 per cent higher after the company signed a 30 year agreement, potentially valued at $500 million, to develop and operate a coal mine in India.
Woodside Petroleum's plan for a second gas processing train at its Pluto project has been bolstered by a gas find in the Greater Pluto area as up to 1,500 Pluto workers took to the streets of Karratha to protest against a "motelling" plan.
Mount Gibson Iron says its Koolan Island iron ore operation will be back to full capacity today after ex-Tropical Cyclone Magda fizzled out over the weekend.
Between 600 and 1000 workers have walked off the job on Woodside's $12 billion Pluto project after being threatened with eviction over an issue with the worker's dongas, the Australian Manufacturing Workers Union has claimed.
The head of Moly Mines is confident of receiving the final two approvals required from the Chinese government to initiate financing and development of its Spinifex Ridge project before the end of February.
Shares in iron ore explorer Indo Mines climbed more than 20 per cent before entering a trading halt pending an announcement about a potential acquisition of new exploration and mining interests.
Shares in West Perth-based Emergent Resources have fallen in trading today after announcing it has received subscriptions from sophisticated and professional investors to raise $3 million.
Iron ore miner Atlas Iron's direct shipping ore (DSO) stocks have doubled to more than 186 million tonnes paving the way for the planned increases in production and sales revenue over the next three years.
Mount Gibson Iron is evacuating 228 employees from Koolan Island as a precautionary measure following forecasts from the Bureau of Meteorology regarding the future movement and intensity of Tropical Cyclone Magda.
Minerals exploration company Australian Minerals & Mining Group has closed its initial public offering almost six weeks early, and significantly over-subscribed having raised $7.5 million ahead of a listing on the ASX.
Subiaco-based miner ElDore Mining Corporation has announced the appointment of an internationally experienced director as chairman and director of the company effective immediately.
Shares in oil and gas contractor Neptune Marine Services have fallen almost 14 per cent in trading today after the company announced its earnings for the first half of FY2010 will be well below that of the previous corresponding period.
OM Holdings has announced a $41 million strategic investment in ASX listed iron ore producer Northern Iron which will result in OMH becoming a 10 per cent shareholder in the Norway-focussed iron ore player.
Ampella Mining has announced an 1.2 million inferred resource estimate for its Konkera prospect within the Batie West Gold Project, Burkina Faso in West Africa after only acquiring this virgin project less than 18 months ago.
Miner Mount Gibson Iron has recorded a net profit of $39.3 million for the first half of the 2010 financial year while hitting new records in sales and mining.
Takeover target Dioro Exploration has recommended shareholders reject Ramelius Resources' offer, paving the way for rival bidder Avoca Resources to gain control.
Christmas Island miner Phosphate Resources says it will not support a proposed merger with shareholder CI Resources, which also wants to incrementally lift its stake in the unlisted public company.
A difference of opinion over the direction of Norton Gold Fields has resulted in managing director Jon Parker leaving the company, while chief financial officer Simon Brodie has also resigned.
PTTEP Australasia says the operation to plug and secure the Montara well head platform has been completed, some four months after oil started leaking into the Timor Sea.
Sinosteel Midwest Corporation has cleared the final hurdle for its Mid West iron ore project after today receiving environmental approval from the federal government.
Platinum Australia (PLA) has signed a deal with a Japanese state-owned outfit to progress the exploration program at the company's South African Stellex North Project.
Cape Lambert Resources' said it is "ideally positioned" to maximise profits from a possible sale of the Marampa iron ore project, located in Sierra Leone, West Africa, after African Minerals signed a deal for its neighbouring iron ore project.
Shares in gold explorer Cortona Resources have jumped almost 10 per cent in morning trade following the company's completion of a $10.3 million capital raising which was concluded with the settlement of a $3.6 million shortfall.
