The rollout of Australia's new superfast broadband network NBN is gaining traction as the company in charge of building and operating the service delivers strong results.
The long-running takeover battle for Australian ports and rail operator Asciano will continue after the competition watchdog delayed its decision on the rival bids.
A jump in materials shares have helped US stocks eke out a second straight day of gains, though disappointing forecasts from retailers and anxiety ahead of Friday's jobs report limited the advance.
Gold has risen for a second day, hitting three-month highs as the US dollar continued to ease amid mounting doubts that the US Federal Reserve will raise interest rates in 2016 due to global economic and financial headwinds.
Local explorer Northern Minerals plans to build a test pilot plant at its Browns Range project near Halls Creek at a cost of about $US18 million ($A25 million), rather than proceeding with full-scale development in light of the depressed rare earths market.
The Australian share market has closed around 2 per cent higher in the wake of a strong rise in oil prices and the hope that weak US economic data will slow the pace of interest rate hikes in the US.
Macquarie Group remains on track for a record full-year profit of more than $2 billion, though it says volatile market conditions make forecasting difficult.
reiwa.com property sales data for the overall market for the week ending February 2 totalled 723, which represents a 36 per cent increase in total sales over the week.
Engineering and contracting group Downer EDI has trimmed its full-year profit guidance after posting a nearly 24 per cent drop in first-half profit, with one of the few positives being increased work on oil and gas projects in Western Australia.
Soon-to-be renamed Malagasy Minerals has welcomed Regis Resources as a substantial shareholder as the company completes its acquisition of the Karlawinda gold project near Newman, while also announcing the appointment of local gold mining executives to its board.
The receiver restructuring Dick Smith with a view to selling the troubled electrical retailer says the company has been underpaying workers for as long as six years.
Programmed Maintenance Services has flagged a $75 million impairment resulting from poor performance in its marine services division, but expects to lift earnings to over $100 million by FY17 as it benefits from growth in other sectors of the economy.
BHP Billiton spin-off South32 will slash 620 jobs in Africa and has warned of widespread job losses in Australia after revising down its commodity price forecasts.
Deals and capital raisings in the mining and metals sector fell in 2015, according to EY, although asset sales from distressed parties coming onto the market could lead to an uptick in volumes in the year ahead.
Gold has hit three-month highs as a slower US services sector and sinking US dollar prompts investors to seek shelter in assets perceived as safer as future Fed rate hikes appeared less likely.
Neometals shares have closed more than 9 per cent higher on news its Mt Marion joint venture partner Jiangxi Ganfeng has exercised its option to acquire an additional 18 per cent in the lithium project for $US27 million.
The long-running saga of the Windimurra vanadium project has taken a new turn, with listed company Atlantic pitching a low-ball offer to buy the $560 million development from one of its own subsidiaries.
Two niche operators in Western Australia's electricity market have accused the state government of being more concerned with protecting its own interests than creating a truly competitive industry
Apartment developer Finbar Group has won approval to go ahead with its third major new project in South Perth, amid continuing debate over the appropriateness of high-density projects for the subur
Heightened investor fears about global growth have caused the sharpest daily fall on the Australian share market in four months, with energy companies and banks the hardest hit.
Mining contractor Byrnecut has won a contract to expand OZ Minerals’ Prominent Hill copper-gold project in South Australia, with the work expected to cost about $12 million.
Commonwealth Bank of Australia is expected to unveil another record first-half profit next week when it becomes the first of the big four to report results since last year's out-of-cycle mortgage rate hikes.
