Mining & Energy
Investors toast Rio's profit jump
RIO Tinto investors gave a thumbs up to the miner's 33 per cent net profit surge with shares up significantly in trading.
Everyone's a winner in Dioro takeover
THE drawn-out takeover battle for Dioro Exploration is over, and it appears that everyone's a winner.
Curnamona SA mine trial in March
CURNAMONA Energy expects to start a mining trial at its Oban uranium project in the state's east next month.
SA ore projects make headway
TWO SOUTH Australian iron ore projects made some headway, with a sales agreement signed and tendering for rail haulage started.
Marmota gets 25pc share in Melton
MARMOTA Energy is on track to earning its 50 per cent stake in the Melton copper-gold JV with Monax Mining on the Yorke Peninsula by June 2010.
Adelaide Resources shares surge
ADELAIDE Resources shares surged in trading today on further good drilling results from its Rover prospect in the Northern Territory.
Four-year wait for mine work
THE Liberal Party has been told work on expansion of the Olympic Dam mine will not begin before 2014 at the earliest.
BHP profits better than expected
BHP Billiton has unveiled a first half net profit up 134 per cent due to record commodity sales.
Royal Resources investigates port options
ROYAL Resources has signed an agreement with Flinders Ports to investigate port options for exports from its Razorback iron ore project.
SA mineral sands mine officially open
THE State's newest mine - Iluka Resources mineral sands mine in the Far West - has been officially opened.
Arckaringa Basin oil potential
THE oil potential of the Arckaringa Basin will be tested after Linc Energy encountered oil in a recent drilling program.
Santos boosts oil reserves
SOUTH Australian oil and gas giant Santos has posted its sixth successive increase in year-end reserves.
Flinders Mines upgrades Pilbara resource
FLINDERS Mines has increased the resource at its Pilbara iron ore project by 39m tonnes and is on track to finish a prefeasibility study this year.
More Mindarie mine jobs to go
MORE than 20 staff processing ore at a mothballed mineral sands mine in the state's east will lose their jobs next week.
IronClad's mine to cost $45m
ADELAIDE-BASED explorer IronClad Mining says its planned iron-ore mine on the Eyre Peninsula will cost just $45 million to build and is likely to be in production by November.
Alliance sees more uranium at Four Mile
ALLIANCE Resources has announced a 16 per cent increase in its resource estimate for the $110 million Four Mile uranium project near Beverley.
Fall River gains SA geothermal assets
SYDNEY-BASED oil and gas investor Fall River Resources has expanded its reach within South Australia's geothermal belt with eight exploration licences.
Marathon calls for shareholder support
MARATHON Resources has renewed calls for support from its 2660-plus shareholders on its stance against more regulatory curbs on mining in the northern Flinders Ranges.
US buy next step for UXA
URANIUM Exploration Australia (UXA) has bought US company GeoInstruments for $US1.27 million.
EU probes Aussie mining giants
EUROPEAN regulators are investigating Anglo-Australian mining giants Rio Tinto and BHP Billiton, adding to pressure on the pair from importer China.
Woodside's new gas find in WA
WOODSIDE Petroleum's plan for a second liquefied natural gas processing train at its Pluto project in WA has been bolstered by a gas find.
Santos slips on lower oil prices
OIL and gas company Santos says its 2009 production was in line with guidance but sales revenue was hit by lower oil prices.
Santos slips on lower oil prices
OIL and gas company Santos says its 2009 production was in line with guidance but sales revenue was hit by lower oil prices.
OZ Minerals posts production surge
PROMINENT Hill owner OZ Minerals has marked its first successful year at the SA mine by exceeding its full-year copper and gold production forecasts.
Strike Energy's SA drilling delayed
COAL seam gas explorer Strike Energy will begin drilling at its southern Cooper Basin permit in mid-February 2010 - two-weeks behind schedule.
Business Breaking News
BHP to spend $290m on Qld projects
BHP Billiton has approved a $289.7 million capital expenditure to fast-track projects in Queensland.
Lihir chief Arthur Hood resigns
LIHIR Gold's chief executive Arthur Hood has resigned, with the miner saying that it is the right time to make an orderly transition to a new head.
ASX speeding ticket for Arafura Resources
SPECULATION in rare earth explorer Arafura Resources has continued for a second day.
Adelaide Energy's gas production boost
ADELAIDE Energy expects to double or even triple gas production from its Katnook plant near Penola in the coming months.
Rio Tinto ore production up 49pc
RIO Tinto has reported a big jump in fourth-quarter global iron ore production and set a new record in sales of the bulk commodity for the period, exceeding expectations.
Two Adelaide firms plan Qld expansion
TWO Adelaide resources companies have announced plans to expand exploration in Queensland.
Western Plains signs ports deal
WESTERN Plains Resources has signed an agreement with Flinders Ports to export iron ore from its Peculiar Knob mining project.
Santos to offload stake in Gladstone project
SANTOS is continuing talks with potential Asian partners about equity stakes in the $7.7 billion Gladstone liquefied natural gas project and LNG sales.
Court date likely for Stern Hu
THE Federal Government says there may be further delays in the case against Australian citizen and Rio executive Stern Hu.
Aussino to fund Centrex feasibility study
CENTREX METALS has signed a deal which could boost the output from its Wilgerup mine on the Eyre Peninsula by more than half.
Newcrest gets nod for $2bn gold project
NEWCREST Mining has been given the green light for its $2 billion Cadia East project near Orange in New South Wales.
Toro gets WA nod for uranium project
SA-BASED Toro Energy has approval from the West Australian government for a test pit at its Wiluna uranium project in the state's midwest region.
Copper Range identifies Caltowie targets
THE Adelaide Fold Belt region, east of Gawler Craton, could be Australia's "next iron ore field" says explorer Copper Range.
IronClad appoints Wilcherry team
IRONCLAD Mining has appointed a marketing manager and an advisor to smooth the approvals process for its Wilcherry Hills project in South Australia.
Geodynamics moves to resume operations
GEODYNAMICS has appointed a new drilling contractor as it gears up to resume operations at its Innamincka Joint Venture with Origin Energy at Cooper Basin.
BHP ready to spend on Peru mine
BHP Billiton has approved capital spending required to expand mining and processing capacity at the Antamina copper and zinc mine in northern Peru.
Trafford in $1.3m pledge to IronClad
IRONCLAD Mining shares hit a 12-month high yesterday, after major shareholder Trafford Resources confirmed it would take up its share of a $2.6 million rights issue.
IMX in $47m funding deal for SA mine
A $47 million deal has been signed with a Chinese company to develop an iron ore mine southeast of Coober Pedy.
Woodside deal with PetroChina expires
A deal worth up to $45 billion between Woodside Petroleum and a Chinese company is in doubt after terms were not be settled by a deadline.
Testing time for miners on Woomera range
MINERS need clear guidelines for how they can operate on the Woomera weapons testing range, or millions of dollars in investment will be put at risk.
News
Man critically injured in brawl
ONE man has been critically injured, and another is in police custody, after a fight at an Ascot Park bottleshop.
Sport
Power comes out firing to win
PORT Adelaide put the saga of the week behind them, dominating the Crows and winning by a hefty 56-point margin in the opening NAB Cup clash at AAMI Stadium.