latest news

    
Treasurer Mike Nahan has defended the state government's decision to give mid-tier iron ore miners a royalty holiday, despite admitting yesterday falling commodity prices had already blown a $1.8 billion hole in his budget.
Argyle Diamonds Managing Director Shane Johnson (pictured) is leaving the Rio Tinto subsidiary after 14 months in the job.
Empire Oil & Gas will embark on an aerial geophysical survey of its Perth Basin tenements as part of a ramp-up of exploration over its "highly prospective" acreage.
Britain is considering reducing the tax bill for oil explorers in the North Sea, including a proposal from the industry to halve rates, to help revive an area already in decline before the recent oil price falls, the Sunday Times said.

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