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Woodside Petroleum Announces Significant Gas Intersections

Woodside Petroleum Ltd (ASX:WPL), shares rose to a one month high after gaining 2.5 % after its Alaric-1 prospect offshore intersected gas pays over several zones.

From Woodside Petroleum Ltd. 16 Aug 2010

Alberta Ranks Top for Mining Investment, Australia Falls to Bottom

As per a Fraser Institute survey of 51 international jurisdictions Alberta is apparently the most attractive place for mining investment, while Ottawa and the provinces need to resolve jurisdictional issues concerning First Nations land claims.

13 Aug 2010

Chameleon Mining Calls for Trading Halt

Chameleon Mining called for a trading halt one day after it struck a deal with Tony Sage's Cape Lambert Resources to help keep it afloat.

12 Aug 2010

Proposal for a Single National Regulatory Body for Oil and Gas in Australia

Yet another pre-election promise involves setting up a single national regulatory body for the oil and gas industry as per Resources Minister Martin Ferguson.

12 Aug 2010

ANC Seeks More Control Over South Africa's Mining Industry

The ruling political party in South Africa, the African National Congress (ANC) is seeking more state control of mining.

11 Aug 2010

Osisko Mining Reports Loss Due to Marlartic Cost Growth

Osisko Mining Corp (TSX: OSK) recorded a net loss of $8.4 million for the period and $7.1 million year-to-date.

From Osisko Gold Royalties Ltd 11 Aug 2010

Zijin Mining Group to Shift Focus from Overseas Expansion to Safety and Environment in China

Toxic leaks, oil spills and fires seem to be plaguing Zijin Mining Group Co. The biggest gold producer in China has decided to slow down its pace of expansion overseas to focus on strengthening the safety and environmental standards at its domestic operations as per a statement made by company Chairman Chen Jinghe.

10 Aug 2010

Bradken MD Says Crisis Over, Growth in Earnings

The Managing Director of Bradken (ASX: BKN), Brian Hodges says that the financial crisis faced by the company was over

10 Aug 2010

Miners Looking to Buy into Queensland Rail

Anna Bligh, the Queensland Premier announced that the state government is carefully considering an offer made by a consortium of coal companies to buy the state's coal rail tracks. Members of the consortium including BHP Billiton, Xstrata Plc and 11 other coal producers have made an offer of AUD$4.85 billion to the Queensland government.

From BHP Billiton Plc 10 Aug 2010

Rio Tinto to Re-Start Australian Investment

Rio Tinto seems reassured enough by the federal government’s changes to the proposed new mining tax (MRRT) to begin investing in Australian mines again.

From Rio Tinto plc 9 Aug 2010