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Mining & Resources
Loss making mining services contractor Macmahon will cut another 40 staff and alter its corporate rosters to cut costs.
Lynas achieved positive free cash flow in March for the first time since it began mining rare earths in 2011, a key milestone for the company battling to service $430m in debt.
James Paton Gina Rinehart, Australia's richest woman, said iron ore plummeted more than expected and prices could be low for some time amid a supply glut.
Peter Hannam AGL has applied for approval to store fracking waste water from its troubled coal seam gas field in dams, a move residents at nearby Gloucester say poses unacceptable risks if this week's deluge was repeated in their area.
Sean Nicholls Energy company Metgasco has won its bid to have a suspension of its gas drilling on the far north coast overturned in the Supreme Court.
Peter Ker Fortescue Metals Group is increasingly confident it can refinance or settle its largest remaining debt obligation, after some holders of the $US6.3 billion due in 2019 asked to participate in the refinancing executed by the miner on Thursday.
Tess Ingram Newcrest Mining has bumped up production for the second consecutive quarter and received a higher average gold price on the back of the falling Australian dollar.
Simon Evans Rex Minerals, which is battling to get its proposed $800 million-plus Hillside copper-gold project up and running in South Australia, has appointed board director Richard Laufmann to run the business.
Tess Ingram BC Iron says recent gains in the iron ore price indicate there is a short-term floor of around $US50 a tonne, a price at which he says the junior miner's operations have potential to be "more than breakeven".
Simon Evans He collected rock samples in his university holidays, is a passionate supporter of the Fremantle Dockers in the AFL and has always been a straight shooter. Andrew Cole says financial discipline and consistency will be a hallmark of the new OZ Minerals, which went within a whisker of collapse in 2009.
Jewel Topsfield The Indonesian government's push to increase revenue from the troubled mining industry by 50 per cent this year could force it to rethink bad policies, according to a lawyer from an Indonesian firm specialising in mining law.
Peter Ker Copper miner PanAust has published a strong set of quarterly results amid a takeover offer from its major shareholder
Tess Ingram Independence Group's cash balance continued to climb after another strong quarter of production of its three West Australian mines.
Bradley Olson As the oil patch grows accustomed to a new world of $US50 to $US60 crude, it's now looking ahead to a different but equally daunting sort of cliff.
Peter Ker Numerous junior miners are trying to supply China's growing demand for bauxite, but Australian Bauxite looks set to be first into the market
Peter Ker Takeover target PanAust has lifted gold and silver production guidance and slashed cost estimates, in a strong set of March quarter results.
Peter Ker Iron ore prices fell 28 per cent during the March quarter, despite exports from Australia declining
Peter Ker Rio Tinto has revealed a surprise 12 per cent fall in iron ore exports, according to a set of March quarter results that were weaker than analysts had hoped.
Tim Binsted Mining and steel group Arrium lost approximately $8.90 per tonne of iron ore it sold last quarter, as the rapid collapse in prices for the steel making raw material hit margins.
Stephen Cauchi Oil is trading at four month highs following strong US demand for petrol, but the overall trend remains bearish, according to Deutsche Bank and OPEC.