OceanaGold posts profit
The mining company achieved a profit of US$58.9 million in the first three months of the year as production from Didipio came onstream.
The mining company achieved a profit of US$58.9 million in the first three months of the year as production from Didipio came onstream.
Taranaki oil and gas explorer Tag Oil, of Canada, is expanding into the New Zealand minerals sector through its 49 per cent ownership of a listed Canadian explorer.
Tag Oil of Canada has been awarded five mineral exploration permits to hunt for platinum in the South Island.
An overwhelming number of experienced Stockton mineworkers have volunteered for redundancy because they're fed up, says a worker.
Stockton mineworkers got the bad news they were expecting today, that more than 180 jobs will go - over a quarter of the workforce - and mine production will fall by 25 per cent.
Gina Rinehart's son John Hancock called his youngest sister "an oxygen thief".
Australian state governments spent A$17.6 billion on subsidies for mineral and fossil fuel industries over six years, including A$8 billion to help transport coal.
Coal dominated world energy markets last year by supplying the biggest share of demand since 1970, making it the fastest growing fossil fuel, according to an annual review by BP.
The fate of a $70 million bid to mine ironsands off the ocean floor in the southern Taranaki Bight will be known this Wednesday.
Almost 140 jobs are to be axed at Solid Energy's Stockton mine, the company announced today.
The Turkish prime minister's aide Yusef Yerkel has allegedly been given sick leave after being diagnosed with soft tissue trauma in his right leg - the same leg used to kick a protester.
TransTasman Resources has been granted a mining permit to extract titano-magnetite sands some 22 to 36 km off the coast of Patea, in the Exclusive Economic Zone.
Bathurst Resources, which has cut jobs and delayed the start to its Denniston mine, may raise up to $6.87m in a discounted share placement.
Many areas too remote or dangerous for humans could be opened for exploration.
A company wanting to mine ironsands from the seafloor says the plan will mean $150m extra spent in the area each year.
Victoria police are hunting an arsonist who set fire to an open-cut coal mine that has cloaked a nearby town in noxious smog.