Great Southern is expecting to reap over $125 million over the next five years from its managed investment scheme plantation interests as it finalises acceptances for its plantation projects.
Iron ore miner Fortescue Metals Group has booked a $1.1 billion net profit in its first full half-year of mining, though in line with previous periods its result has more to do with accounting adjustments than mining operations.
OZ Mineral says it will book a small loss in carrying value from the sale of its stake in Nyrstar NV for $33 million as it details where 1200 job cuts were made.
Less than two months after proposing the takeover offer, Paladin Energy has passed the 90 per cent minimum acceptance level in its bid for Fusion Resources.
The release of encouraging quarterly reports by Western Australian gold miners has failed to provide direction for the stocks' share price, as a stronger market was offset by a fall in the precious metal's price.
Newmont Mining Corp is set to take full ownership of the Boddington gold mine following AngloGold Ashanti's decision to sell its one-third interest for $1.6 billion.
The Australian share market slumped to a five-year low as bank and resource stocks were weighed down by continuing concern about the health of the global economy following the release of economic figures from Asia.
Brokerage Hartleys has started coverage of Woodside Petroleum, rating the oil and gas giant as a Buy as the company gets ready to report its most profitable year ever.
Conglomerate Wesfarmers says it expects a lower dividend for the third consecutive year as it launches a heavily discounted rights issue to raise nearly $3 billion to help pay down debt from its $20 billion Coles acquisition.
Engineering and infrastructure firm GRD says it will take a $50 million one-off hit from the sale of its loss-making Global Renewables Eastern Creek Facility in Sydney to Emergent Capital.
Newcrest Mining, Australia's biggest gold company, has delivered a drop in gold production during the second quarter and cut full year production forecasts for its Telfer mine in Western Australia.
Perth #1 in radio advertising spend PERTH has come out top of the pops in radio advertising revenue as the medium proves to be the most resilient of the traditional media in tough economic times, The
EMPIRE Beer Group plans to restructure its board to reflect the company’s recent change in direction following the divestment of its two leasehold businesses, The Royal in east Perth and the Colonial
BUILDING approvals in WA slumped 30 per cent in November to levels not seen in nearly eight years, as credit shortage and economic uncertainty deterred investors, according to the Australian Bureau of
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
GROWTH firms must do their job and continue to build their business in these turbulent times. Following are my thoughts for the leaders of these firms.
THE Housing Industry of Association WA says it is encouraged by its first weekly survey of major builders in Perth, which showed significant increases in visitor numbers through display centres.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
Directors Richard Monti and Geoff Brayshaw have been given a combined $30,450 worth of Poseidon Nickel shares in lieu of directors fees, as approved by shareholders at the annual general meeting.
GROWTH firms must do their job and continue to build their business in these turbulent times. Following are my thoughts for the leaders of these firms.
PERTH will host a major marketing and business conference – the Australian Masters Marketing Summit 2009 – from March 17-18, featuring some of the world’s top marketing executives.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
