Resources and Energy

ERM inks $1bn govt contracts

by AAP
Power supplier will secures deals to provide electricity to sites owned by NSW state departments.

Value investor: The upside to a BHP spin-off

BHP is considering a move to divest non-core assets which could reduce high gearing levels, but investors need to consider whether a spin-off would improve value.

Horizon enters trading halt

Horizon and potential suitor Roc Oil's shares halted on reports of possible takeover deal.

No substance to Padbury deal: Barnett

WA Premier says he has no intention to meet with junior miner about Oakajee proposal.

Whitehaven Coal cuts full-year production guidance

Coal miner reduces guidance due to operational issue at Narrabri mine.

Atlas Iron posts record shipments in Q3

Miner on track to meet FY production guidance after record Q3 shipments, upbeat on Chinese economy.

US oil stockpiles hit record

by AFP
1 comment
Commercial oil stockpiles in US at highest level since records began in 1982.

BHP still sees greenfields

BHP iron ore boss dismisses end of an era assertions on greenfields mines in the Pilbara.

Newcrest announces new CEO

by AAP
Gold miner confirms Greg Robinson will be replaced by Sandeep Biswas on July 4.

Padbury needs Korean backing: report

1 comment
Iron ore port and rail project likely depends on South Korean construction group.

Gas bills to rise by up to 19.4% in NSW

Gas prices set to lift by an average of $150 a year as LNG exports drive demand increases.

Padbury confirms Bleyer as backer

Junior miner pushes out announcement relating to $6bn Oakajee funding by another day.

Newcrest reaffirms production guidance

Gold miner's Q3 output misses forecasts, Sandeep Biswas to take over from CEO Greg Robinson on July 4.

ASIC freezing orders hurting Sino

Sino Australia says it's losing $330,000 every month, related-party transfers face scrutiny: report.

Iron ore price slides sharply

Commodity price hit by Chinese stockpiling, lifting of iron ore mining bans in India.

Lynas wins court battle

Malaysian Federal Court dismisses appeal against rare earths miner.

Will the pursuit of scale pan out for big gold miners?

A steep and structural increase in the gold sector's cost base has raised debate about whether big miners like Barrick and Newmont should continue to push for scale or instead focus on shareholder returns.

Paladin Energy lifts Q1 output

Uranium miner reaffirms full-year production guidance but average prices fall.

Oil Search Q1 production lifts

Production and sales volumes rise, revenue slips, full-year guidance reaffirmed at top end.

Australia could miss $15bn gas rollout

Global chemical giant BASF hesitant on local spending due to gas prices: report.