An unspecified number of Fortescue Metals Group mine workers have been made redundant today.

Chevron has started culling its 4000-strong WA workforce as the lengthy transition from builder of mega-LNG projects to long-term operator kicks in.

The Pilbara's beleaguered mid-tier miners could be about to receive further cost relief, with a State Government report set to recommend the slashing of user charges at Port Hedland's Utah Point terminal.

Barrick Gold will take a back seat in Kalgoorlie-Boulder's Super Pit after agreeing to streamline future decision making, effectively handing control to joint venture partner Newmont Mining.

Shell has chosen oil and gas service provider ASCO Group to run the Darwin supply base for the Prelude floating LNG project.

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.