Ausdrill shares were firmer after the company announced one of its subsidiaries had been named preferred equipment supplier to Peabody Energy Australia.

Mineral Resources is still determined to build a skyrail to service to stranded iron ore deposits in the Pilbara despite the recent iron ore price rout.

The iron ore price is surging towards US$60 ($76) per tonne in a dramatic turnaround from the decade lows it has hit.

Norton Gold Fields' 2000 minority investors are set for a special windfall after the Kalgoorlie gold miner's controlling shareholder beefed up its mop-up takeover bid by 15 per cent.

Len Buckeridge's family have yet to shed any light on the future ownership of BGC despite the recent transfer of the late billionaire's shares in the construction and building products group.

Shares in LNG hit a fresh all-time high today after the company announced Meridian LNG had agreed to progress a 20-year liquefaction tolling agreement with LNG's Magnolia plant in the US.

Cameco and its partner Mitsubishi have received Federal environmental approval to develop the Kintyre uranium mine in the eastern Pilbara.

Shares in Lynas Corporation kicked up after the company announced its first quarter of positive free cashflow.

Production has declined at Australian uranium player Paladin's biggest mine after a well failed, but the company is upbeat about the prospects of exports to Japan and India.

Macmahon Holdings has reduced staff working hours, cut directors' pay and made another 40 people redundant under restructuring carried out to satisfy its bankers.

Shares in Mt Gibson Iron were firmer on a better than expected quarterly report from the iron ore miner and better sentiment towards the industry as a whole.