Resources services provider AusGroup has posted a $3.9 million profit for the first half, turning around a $13 million loss from a year earlier.

Mining group Oz Minerals is back in the black, posting a $48.5 million full year profit.

One year after its spectacular collapse, the insolvency specialists chasing funds for creditors of Forge Group have had some wins but face lengthy disputes with some of the engineering company's biggest former clients.

A man has died after a rock fall at BHP Billiton's Olympic Dam underground copper mine in South Australia.

Mines Minister Bill Marmion has warned senior Roy Hill executives the company, majority owned by Gina Rinehart, cannot hide behind its contractors over poor safety standards at the $10 billion project.

The US will remain the world's top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.

Oil jumped for a third straight session on Monday as OPEC forecast greater demand for crude this year than previously thought and projected less supply from countries outside the producer group.

Shares in Phoenix Gold were lower after the company raised $5 million in a discounted placement.

Australia's coal exploration approvals system needs to be overhauled to discourage corruption at the government level.

The INPEX-operated Ichthys LNG Project began the deepwater pipelay for its 889km-long gas export pipeline (GEP) last Friday.

Metals X will take a 75 per cent stake in Tanami Gold's Central Tanami project in the Northern Territory as part of a staged cash and scrip deal.