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Global energy giant Royal Dutch Shell revealed that it will axe another 1,000 positions by 2011, on top of the 1000 job losses already earmarked for this year.
Iron ore explorer FerrAus will spin-off its Lawson gold project to focus on core operations.
Reliance on a whiteboard and a lack of expert oversight contributed to the blowout of a well in the Timor Sea that caused Australia's worst offshore oil spill, an inquiry has heard.
Engineering contractor Macmahon Holdings says it has been awarded a three-year contract valued at more than $190 million to develop and operate the new Cameby Downs coal mine in Queensland.
Western Australian gold miners have called on Premier Colin Barnett to first understand the gold sector's contribution to the state before singling out gold producers for increased tax.
Rio Tinto will shortly start a review of its HIsmelt pig iron plant, which is on care and maintenance, as the leasehold on the land is set to expire this year.
Explorer Catalpa Resources plans to raise $20 million with part of the funds to be directed towards a restructure of an existing debt facility with Macquarie Bank.
Shares in Forge Group surged higher today after the company upgraded its earnings forecast and secured a second contract at the Sino iron ore project, valued at more than $40 million.
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