Queensland's mines minister has distanced himself from controversial comments made by a government MP about mining in the state.

BHP Billiton iron ore boss Jimmy Wilson and Fortescue Metals Group chairman Andrew Forrest have ramped up iron ore's war of words, with Mr Wilson accusing Fortescue of making itself the "world's most prolific iron ore growth story".

Shares in West Perth-based oil and gas play Orca Energy more than tripled on news that controversial businessman Nathan Tinkler will invest in the company and take the helm as Executive Chairman.

NRW Holdings says formal talks with Samsung C&T over a Roy Hill contract will determine whether the prolonged payment row ends up before a Singapore umpire.

The Federal Government is looking into a $130 million AusGroup port redevelopment project in the Northern Territory amid claims its environmental impact has not been assessed.

Construction contractor Valmec has won the contract to build the Eastern Goldfields Pipeline (EGP).

A new online calculator allows mining tenement holders to quickly estimate rehabilitation costs and whether they qualify for exemptions from Mining Rehabilitation Fund (MRF) levies.

Australia recorded a bigger than expected trade deficit in March, largely due to sagging prices for iron ore and coal exports.

China has replaced the heads of its three biggest energy companies, the firms said in separate statements, as speculation mounts over reforms to the oil industry.

Ratings agency Standard and Poor's has downgraded BHP Billiton's outlook from stable to negative on forecasts of weaker cashflows for the global miner.

Australia’s economic engine room — northern WA — will be at the heart of a multibillion-dollar Federal Government plan to boost resources and food exports to Asia and the southern States.