The Australian share market has closed lower after suffering widespread losses across the financials, healthcare and retail sectors and a sharp sell-off in energy companies.
West Africa-focused gold miner Perseus Mining has locked in $US60 million of debt finance with Macquarie Bank to fund ongoing work at its Sissingue and Edikan mines.
One of Western Australia's 10 biggest homebuilders has denied any wrongdoing, after the corporate regulator claimed it created and manipulated review websites to spread favourable information about the company.
Perth-based junior explorer Amex Resources is set to be wholly acquired by one of its shareholders after a lucrative takeover proposal was made, valuing the iron ore hopeful at $54 million.
The Australian share market is off to a weak start, despite gains on Wall Street on Friday, as investors turn nervous ahead of key global macro-economic and political events later this week.
ANALYSIS: One state Liberal Party MP believes that hostility towards the outgoing premier, Colin Barnett, was responsible for up to 10 per cent of the unprecedented swing that swept the Liberal-National governing alliance from power in Saturday's election.
Coalition split over Hanson dealsMalcolm Turnbull has put himself on a collision course with elements of his party by refusing to rule out preference d
Oil have again skidded again, pushing prices to three-month lows as investors continue to flee bullish positions on worries that OPEC-led production cuts have not yet reduced a global glut of crude.
Gold has recovered from an early drop to five-week lows after a US non-farm payrolls report for February failed to meet elevated expectations, prompting a drop in the US dollar and Treasury yields.
OPINION: Reducing state debt will be a top priority for the new government and perhaps, as a former PM has suggested, a more cooperative approach is needed.
Gold and nickel miner Independence Group has expanded its presence in the Fraser Range after entering into an agreement to farm-in to Orion Gold's tenements in the area for an initial $2 million in cash and scrip.
Resource Development Group is continuing its push into residential construction, winning a $27 million contract to build a 24-townhouse project just south of Fremantle's South Beach, on an apartments site abandoned by Stockland following the GFC.
The University of Notre Dame has hit a roadblock for its plans to develop a new building in Fremantle, with council officers recommending the proposal be rejected because it is too tall for the port city's historic West End.
Ngarda Civil & Mining, a pioneering indigenous contractor that employed more than 300 people at its peak, is being wound up, though curiously the listed company that owns a 50 per cent stake is still claiming Ngarda is a big employer.
Niobium explorer Cradle Resources has recommended shareholders accept a takeover offer from joint venture partner Tremont Investments, which values the target at $55 million.
