Shares in embattled iron ore miner Gindalbie Metals plummeted this morning after the company said attempts to clarify funding arrangements with its joint venture partner had been met with silence.
Dick Smith chief executive Nick Abboud has quit the troubled electronics retailer, which has gone into into receivership with debts of about $390 million.
Sports, politics and business do not share a lot in common but there is one feature that links all three – and that's how a single event can turn a winner into a loser in the blink of an eye.
US stocks have broadly risen, led by Apple, as they rebounded off their worst-ever start to a year and with the corporate earnings season set to kick off.
The team behind Western Australian success story Aurora Oil & Gas has quietly completed a $24 million private placement, the first capital raising for their new oil and gas play, three months after acquiring their first assets in Portugal.
SPECIAL REPORT: Up to 5,000 delegates from more than 60 countries will descend on Perth in a few months for the 18th International Conference and Exhibition on Liquefied Natural Gas.
The Australian share market clawed back some early losses but has still closed more than 1 per cent lower, chalking up its seventh straight session in the red.
Elemental Minerals has negotiated an extra $US10 million in a proposal from a private equity group for an investment to assist the business advance its flagship Kola Sylvinite potash project.
Oil and gas producer Origin Energy has shipped the first cargo from its Australia Pacific liquefied natural gas (LNG) facility at Curtis Island in North Queensland.
Fortescue Metals Group has deepened its commitment to hockey, striking deals with the sport's national body thought to be worth more than $1.7 million over the next five years.
Gold companies Doray Minerals, Ramelius Resources and Saracen Mineral Holdings have posted better-than-expected production results for the December quarter, with the precious metal miners bullish on the next six months.
Tony Sage's Cape Lambert Resources has announced plans to undertake its first capital raising since its initial offer, which was completed when the company listed on the ASX 16 years ago.
US stocks have closed lower, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and lingering worries about the global economy offset upbeat US job growth.
Gold has fallen further from an earlier nine-week high as stronger-than-expected US payrolls data boosted the US dollar and stock markets, shoring up a recovery in equities.
This week, Mark Pownall and Mark Beyer discuss markets turmoil, Aldi in Perth, property prices, some interesting new listings, conventions and conferences.
Gindalbie Metals has gone into a trading halt following a media report suggesting its Chinese majority shareholder and project partner will no longer keep the jointly owned Karara project afloat.
Melbourne-based developer ICD Property has supersized plans for an apartment development at the old Megamart site on the fringe of the CBD, flagging two towers that would become the fourth and fifth-tallest buildings in Perth.
A volatile day of trading has capped off a brutal New Year start to the Australian share market where the bourse has recorded six straight days of losses.
Mining services company Ausdrill has announced plans to sell its underperforming DT HiLoad truck tray manufacturing business, and is in discussions with several interested parties.
The small Western Australian township of Yarloop appears to have been virtually wiped out and three residents are unaccounted for following an unpredictable bushfire, with the Insurance Council of Australia declaring it a catastrophe.
US-focused biotech company pSivida has released pricing details of a $US16 million capital raising, after two weeks of volatile trading in its ASX-listed shares.
