Mining & Energy
Ramelius' earnings sparkle
![Gold](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2009/11/10/1225795/952240-gold.jpg)
GOLD miner Ramelius Resources has more than tripled its first half net profit after a four-fold rise in revenue from gold sales.
Boart Longyear delivers healthy profit
![Boart Longyear](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2010/05/11/1225864/894294-boart-longyear.jpg)
BOART Longyear has made a solid return to profit but has warned Australia faces a labour shortage as the resources sector picks up speed again.
IronClad raises $11 million for SA mine
![Iron ore](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
IRONCLAD Mining will raise $11.3 million via a rights issue to fund its Wilcherry Hill mine on the Eyre Peninsula.
BHP buys into US shale gas
![bhp](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/10/22/1225942/186923-bhp.jpg)
BHP Billiton says it has agreed to buy a substantial shale field in the United States for $US4.75 billion.
Record year for Woodside
![Woodside](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/08/18/1225906/678715-woodside.jpg)
STRONG oil and gas output from WA's North West Whelf provided a record $1.56b annual profit for Woodside.
ASIC is 'vengeful', claims Forrest
![Andrew Forrest](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2009/12/22/1225812/836239-andrew-forrest.jpg)
AMID the possibility of being banned as a company director, Fortescue Metals chief Andrew Forrest remains bullish.
BHP profit up; shares down
![bhp](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2010/10/22/1225942/195336-bhp.jpg)
BHP Billiton has announced a half-year profit of $US10.524 billion, up 71.5 per cent but its shares are down 2pc this afternoon.
Oz Minerals rewards investors
![Prominent Hill](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2010/10/19/1225940/687404-prominent-hill.gif)
OZ Minerals shareholders will be handed more than half a billion dollars after a profitable year of mining.
Earth Heat shares fire up
![Panax Geothermal's Salamander-1 well at Penola.](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2011/02/02/1225998/739663-panax-geothermal-039-s-salamander-1-well-at-penola-.jpg)
SHARES in Adelaide-based Earth Heat Resources jumped by more than 50 per cent after a positive analyst report was released.
China's resource hunger to last 15 years
![coal](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2009/12/07/1225807/563318-coal.jpg)
STRONG demand for Australia's coal and iron ore from China and India will continue for the next 15 years, Treasury says.
Santos lifts reserves for 7th year
![gas](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/07/06/1225888/641919-gas.gif)
GAS giant Santos says its proven and portable (2P) hydrocarbon reserves increased for the seventh straight year in 2010.
Arkaroola opened for exploration
![Arkaroola](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/10/22/1225942/385987-arkaroola.jpg)
A STATE Government decision to allow a company to drill for uranium in the Arkaroola Wilderness Sanctuary has been widely condemned.
Beach Energy has 70pc of Impress
![Beach Energy](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2010/12/14/1225971/026601-beach-energy.jpg)
OIL and gas Beach Energy now controls more than 70 per cent of shares in Impress Energy ahead of a February 21 takeover deadline.
Hillgrove's copper mine on target
![Hillgrove chairman Dean Brown and managing director Drew Simonsen](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2011/02/02/1225998/788914-hillgrove-chairman-dean-brown-and-managing-director-drew-simonsen.jpg)
CONSTRUCTION is in full swing on SA's next copper mine to be open by December at Kanmantoo
Terramin on hunt for more projects
![Terramin executive chairman Kevin Moriarty and workers at zinc/lead Strathalbyn min.](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2011/01/31/1225997/531902-terramin-executive-chairman-kevin-moriarty-and-workers-at-zinc-lead-strathalbyn-min-.jpg)
WITH a well-funded Chinese partner and plans to become a mid-tier miner, Terramin Australia is on the hunt for projects.
Cyclone threat halts Pilbara production
![Aus Bus Pix gas gauge](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2010/06/23/1225883/294892-aus-bus-pix-gas-gauge.jpg)
OIL and gas production and port facilities in WA's Pilbara region are suspended as category three tropical cyclone Bianca tracks out to sea.
Beach revenues soar on oil prices
![Aus Bus Pix oil, Iran, technicians, Azadegan field](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2011/01/17/1225989/260655-aus-bus-pix-oil-iran-technicians-azadegan-field.jpg)
BEACH Energy's revenue rose 16 per cent in the fourth quarter due to higher oil prices, despite a fall in production.
Rex to boost drilling capacity
![Aus Bus Pix copper casting](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2010/12/27/1225976/805145-aus-bus-pix-copper-casting.jpg)
COPPER explorer Rex Minerals will test a number of potentially "game changing" targets in coming months.
Ex-BHP boss fights mining tax inquiry
![Don Argus](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2010/02/23/1225833/435173-don-argus.jpg)
FORMER BHP Billiton chairman is fighting plans to call him before a Senate inquiry into the planned $7.4 billion mining tax.
IMX sells more of Cairn Hill ore
![mining trucks](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2010/01/06/1225816/439162-mining-trucks.jpg)
IMX Resources has signed a second customer to buy iron ore from its Cairn Hill mine south-east of Coober Pedy.
OZ profits from rivers of gold
![Prominent Hill](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2010/10/19/1225940/687404-prominent-hill.gif)
OZ Minerals will spend $70 million on exploration near its Prominent Hill mine this year after a "great" 2010 production performance.
Miners' ratings safe from flood
![coal floods](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2011/01/07/1225983/664248-aus-bus-pix-coal-floods.jpg)
FITCH says it doesn't expect Queensland's flood to hurt the credit ratings of BHP Billiton, Rio Tinto and Wesfarmers.
Chinese complete SA project investment
![money](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/08/17/1225906/522959-money.gif)
IRON ore miner IMX Resources' Chinese partner Sichuan Taifeng has paid the final $4 million installment to own 49 per cent stake in Outback Iron.
Rio Tinto sets production record
![Rio iron ore](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/03/19/1225842/874819-rio-iron-ore.jpg)
MINING giant Rio Tinto says it has set new quarterly and annual iron ore production records.
Queensland's loss is NSW's gain
![Flooded coal mine](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2011/01/10/1225985/209467-flooded-coal-mine.jpg)
NEW South Wales is set to benefit from skyrocketing coal prices in the wake of the Queensland floods.
Business Breaking News
Rio Tinto sets production record
![Rio iron ore](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/03/19/1225842/874819-rio-iron-ore.jpg)
MINING giant Rio Tinto says it has set new quarterly and annual iron ore production records.
Queensland's loss is NSW's gain
![Flooded coal mine](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2011/01/10/1225985/209467-flooded-coal-mine.jpg)
NEW South Wales is set to benefit from skyrocketing coal prices in the wake of the Queensland floods.
Tonnage down but prices up
![Fortescue](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2009/10/01/1225781/467611-fortescue.jpg)
FORTESCUE Metals' December quarter iron ore shipments fell slightly but returns were strong due to high prices.
Flinders' Pilbara project will be viable
![Iron ore](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
A PRE-feasibility study has shown a $488 million development at Flinders Mines' Pilbara iron ore project would be economically viable.
BP green light for SA offshore drilling
![Woodside drilling rig](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2010/11/30/1225963/422400-woodside-rig.jpg)
THE federal government has given BP permission to explore for new oil reserves off the SA coast.
Mining blocked on native title concerns
![Mining activity](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2009/11/17/1225798/679031-mining-activity.jpg)
ARGONAUT Resources shares were hammered after the company said mining on a key South Australian tenement had been blocked.
BHP in $8bn expansion drive
![BHP](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2011/01/14/1225988/042705-bhp.jpg)
BHP Billiton is expected to approve more than $8 billion of growth projects this year, including key developments in iron ore, oil and coking coal.
Exco targeting second gold deposit
![gold](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2009/11/25/1225803/506542-gold.jpg)
EXCO Resources has submitted a mining lease for a second deposit at its White Dam mine near Broken Hill.
Santos approves $16bn project
![Santos](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2010/08/30/1225911/766207-santos.jpg)
SANTOS says the Gladstone Liquid Natural Gas partners have approved development of the $16 billion project.
Iron ore project gets $1 million boost
![Iron ore](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
SOUTH Australian explorer Trafford Resources has raised $1 million in an oversubscribed offer.
Lincoln expands Eyre exploration ties
![Mining, iron ore](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2010/05/04/1225861/935242-mining-iron-ore.jpg)
LINCOLN Minerals has expanded its iron ore footprint on the Eyre Peninsula, picking up more than 500sq/km of exploration land.
Geothermal firms losing steam
![Geothermal energy](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2010/05/27/1225872/053189-geothermal-energy.jpg)
GEOTHERMAL companies face a tough year as they work to attract funds to get their projects over the line.
Beach's Impress bid to close in February
![oil well](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2009/12/08/1225808/040977-oil-well.jpg)
BEACH Energy has declared its bid for Impress Energy final.
IMX updates China contract
![OZ, IMX to JV](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2009/11/30/1225805/240545-oz-imx-to-jv.gif)
IMX Resources shares are 3pc higher today as it updated a sales contract for its Cairn Hill project near Coober Pedy.
Rare earths up $1.5b in four days
![Rare earths set to shine](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2011/01/04/1225981/858240-rare-earths-set-to-shine.jpg)
AUSTRALIA'S four most prominent rare earths companies added more than $1.5 billion to their value in less than two weeks.
Eyre Peninsula kaolin mine on the cards
![minotaur2](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2011/01/04/1225981/640452-minotaur2.jpg)
MINOTAUR Exploration aims to start mining kaolin on the Eyre Peninsula within two years.
Hillgrove's Hills stepping stone
![hillgrove](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2011/01/03/1225981/143122-hillgrove.jpg)
HILLGROVE boss Drew Simonsen will this week sit down with engineering firm Parsons Brinckerhoff to discuss construction of the Kanmantoo mine in the Adelaide Hills.
Linc investing in SA exploration
![linc](http://web.archive.org./web/20110303055405im_/http://resources3.news.com.au/images/2011/01/03/1225981/104543-linc.jpg)
LINC Energy will spend $2.6 million exploring across its South Australian exploration leases.
Floods threaten coal industry
![coal](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2009/12/07/1225807/563318-coal.jpg)
COAL exports worth billions of dollars are being disrupted by the severe floods in Queensland.
Salisbury Resources listing delayed
![les mann](http://web.archive.org./web/20110303055405im_/http://resources2.news.com.au/images/2011/01/02/1225980/551554-les-mann.jpg)
Salisbury Resources has delayed its listing until February because of a lack of retail and institutional interest.
News
Mr X does flood levy deal
![Nick Xenophon](http://web.archive.org./web/20110303055405im_/http://resources0.news.com.au/images/2010/04/30/1225860/795412-nick-xenophon.jpg)
JULIA Gillard has secured the final vote to pass her controversial flood levy after giving substantial ground to independent SA senator Nick Xenophon.
Sport
Irish in upset win over England
![Kevin O'Brien](http://web.archive.org./web/20110303055405im_/http://resources1.news.com.au/images/2011/03/03/1226015/064185-kevin-o-039-brien.jpg)
KEVIN O'Brien struck the fastest-ever World Cup hundred as Ireland pulled off a sensational three-wicket win over England overnight.