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Floating LNG project near Exmouth approved by the feds

A $10 billion floating LNG (FLNG) plant off the West Australian coast near Exmouth has received federal government approval to proceed. BHP and ExxonMobil will now conduct early engineering design...

Mining investment slows but production ramps up

Despite a predicted sharp fall in mining investment, the mining sector will continue to be a positive driver of economic growth in Australia over the next five years, according to a new report from...

Orica reports $602 million profit

Mine Services company, Orica, has reported a $602 million profit for the 2013 financial year, a whopping 49% increase on the same reporting period last year. A company statement attributed the...

$580 millon new investment in offshore exploration

New offshore petroleum exploration promises $580 million over the next three years following the granting of exploration permits in Commonwealth waters off Western Australia and South Australia...