Resources and Energy

Chinese aluminum producers will have to cut production: Rusal exec

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Aluminium giant says China cannot continue production at current levels with global markets where they are.

Oil prices fall on strong US shale supply

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Brent crude falls 0.7 per cent as US supply continues to pressure prices.

Gold prices lift on softer greenback

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Precious metal tipped for quiet day amid US holiday, preparations for Greek referendum.

Gold miners eye new extraction method

by AAP
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Cost still a barrier to CSIRO's pioneering cyanide-free extraction technique.

Drillsearch CEO departs

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Search underway for a successor as Brad Lingo leaves the company immediately.

Rio Tinto eyes coal exit

Miner calls in Deutsche Bank to help navigate a potential auction of $4bn coal business.

BP to pay $US18.7bn over spill claims

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Payment will be made to five US states, 400 local government entities for Deepwater Horizon oil spill.

Legal battle 'wouldn't thrill dad': Rinehart

by AAP
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Rinehart signals late father Lang Hancock would not be happy about stoush over the trust he established.

Atlas Iron re-opens mine

by AAP
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All of three of junior's mines back up and running less than three months after shutting them.

Rio's Walsh lashes iron ore critics

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Rio Tinto chief defends firm's role in falling iron ore prices, strikes bullish note on copper.

Bradken offer draws fire

An offer to invest $70m in takeover fodder Bradken goes down like a lead balloon with ­investors.

Atlas Iron shrugs off slide

Troubled miner on course to raise at least $100m as retail investors offer support.

Russia cuts off gas supplies to Ukraine

by DPA
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Shut-off comes into effect after failure to agree on price for gas supplies.

Drillsearch flags soft oil output

by AAP
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Drillsearch forecasts weaker annual oil production for the 2014-15 financial year.

Brookfield makes $8.8bn Asciano offer

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Shares surge after Canada's Brookfield outlines conditional proposal to purchase freight company.

Paladin confirms output, shares jump

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Uranium miner says full-year output will fall within guidance, shares rally nearly 6%.

Beach signs Origin gas deal

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Oil and gas explorer signs initial 8-year contract for gas sales with Origin Energy.

Asciano enters trading halt

by AAP
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Asciano has placed its shares in a trading halt amid speculation about a possible takeover.

Woodside progresses Browse FLNG project

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Oil and gas explorer plans to make final investment decision on project in H2 2016.

Thiess wins $137m Chile deal

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Project provides launching pad for CIMIC Group mining services growth in the Americas.

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