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The federal government has given the green light for the $554 million friendly takeover of Western Australia-focused iron ore explorer Flinders Mines by a Russian steel making giant.
The Australian share market closed firmly in the red after weaker base metals prices and a downwards revision of China's economic growth target weighed on mining stocks.
Prime Minister Julia Gillard will invite business leaders to the first meeting of a new advisory forum set up to find ways to cut red tape, as Treasurer Wayne Swan's criticism of three mining
Newcrest Mining is to become a joint venture partner with Frontier Resources in its Mt Andewa project in Papua New Guinea after taking a small stake in the junior gold and copper explorer .
Federal Treasurer Wayne Swan's attack on billionaire mining magnates for wielding undue influence is unacceptable and unfounded, Premier Colin Barnett says.
A judge has thrown out Gina Rinehart's latest bid to keep secret her family court battle, rejecting claims the publicity would increase kidnapping or extortion risks.
The first half of 2012 could be the best period in years for Australian agriculture, underpinned by a sizeable increase in Western Australian average farm cash.
Confidence among small and medium businesses took a backward step in the March quarter, a quarterly survey by information management firm Sensis found.
US stocks have fallen on worries about the slowing global economy after China lowered its growth estimate eclipsed positive numbers on the US services sector.
Sundance Resources shares were heavily traded on the ASX after the iron ore explorer entered an agreement with a private West African company about sharing infrastructure planned for the Perth-base
Water Minister Bill Marmion admits a 13.5 per cent interest rate being charged on unpaid water bills is high and says he will ask the Water Corporation to justify it.
Consumer goods retailer Harvey Norman is drastically scaling back plans to conduct five per cent of its trade online, only months after launching a brand new website.
Major shareholders in UCL Resources will not accept a hostile takeover offer from Minemakers, casting a cloud over the likelihood of the proposal succeeding.
A Western Australian parliamentary committee will investigate whether organisers of the Kimberley Ultramarathon, in which two women were badly burned in a bushfire, took reasonable steps to ensure