Austin Engineering has closed 2021 with a significant order book boost, adding $60 million in November and December across Asia Pacific and the Americas.
Read More
Macmahon welcomes $600m in mine cutbacks
Macmahon has welcomed the commissioning of significant bodies of work in 2021, as both the Tropicana and Telfer gold mines undergo mine altering cutbacks.
Read More
Read More
Pitt praises iron ore resilience
Minister for Resources, Water and Northern Australia Keith Pitt has credited Australia’s iron ore industry for its economic support in Australia.
Read More
Read More
Woodside returns dip on Pluto LNG issues, low prices
Woodside Petroleum has been impacted by an extension to planned maintenance at the Pluto liquefied natural gas (LNG) facility offshore Western Australia and lower-than-expected market prices.
Read More
Read More
Prime Minister Tony Abbott calls mining and carbon taxes “anti West Australian”
Prime Minister Tony Abbott has labelled the mining and carbon taxes as “anti Western Australian “ as he tries to secure the resource vote ahead of the April 5 Senate election.
Read More
Read More
Mining tax fails to bring in the big bucks, again
The mining tax has raised only $232 million this financial year, a huge deficit on the expected revenues of $4 billion originally forecast when the tax was introduced in 2011.
Read More
Read More
Western Areas ups nickel guidance, reduces production costs
Perth-based nickel miner Western Areas says it will produce more ore for less cost as it upgrades its guidance by more than 2000 tonnes.
Read More
Read More
Record revenue sees Santos cruise past $1 billion
Santos have announced a record sales revenue of $1.1 billion for the fourth quarter of 2013 with the result driven by the company’s highest oil production in six years, strong oil prices and higher third party sales volumes.
Read More
Read More
Woodside posts record production but gas weighs on revenue
Woodside earned less revenue in 2013 despite posting a 2.5 per cent production increase.
Read More
Read More
Downer EDI flags revenue uncertainty
Downer EDI says a reduction in major capital works by miners will affect the company’s bottom line, with uncertainty surrounding revenue for the 2014 financial year.
Read More
Read More
30% drop in BHP profits
Mining giant BHP Billiton reported a 30 per cent drop in full-year profits, with the company saying it had dodged a bullet on a damaging acquisition due to Canadian politics.
Read More
Read More
1000 job cuts helps Bradken stay afloat
Mining equipment manufacturer Bradken cut 1000 jobs to weather the mining downturn and it looks like it has worked.
Read More
Read More
Santos revenue spikes on higher gas prices
Despite lowering full-year production estimates Santos have recorded an eight per cent hike in revenue for the June quarter.
Read More
Read More
Labor pressured to reveal mining tax revenue
The government is facing renewed pressure to reveal how much mining tax revenue it has raised since the tax came into effect.
Read More
Read More
MP demands Treasury brief on mining tax
NSW Independent, Rob Oakeshott, has demanded a Treasury briefing on the mining tax saying the government was ‘done over’.
Read More
Read More
Mining sector cautious but optimisitc: report
Commonwealth Bank’s Future Business Index shows that while mining companies are optimistic about the future, they are unlikely to undertake new capital investment.
Read More
Read More