Spot gold has turned higher after sliding more than one per cent to its lowest since early 2010 on Friday, as the US dollar fell from its highs and US stocks extended losses, but the precious metal was on track to see the biggest weekly decline since March.
Australia’s $1.2 billion live cattle trade has gone from gloom to boom this month but, while welcoming the news, major players in the sector are keeping their celebrations in check as they evaluate recent events.
Sydney-based Perth Basin player AWE has announced it won't need to further use hydraulic fracturing at its Drover-1 well, after existing drilling results gave it a clear assessment of shale gas potential in the field.
Investment uncertainty in the renewable energy sector hasn’t dampened demand, according to a local clean energy business, which is self-funding major growth plans it says are viable in the current market.
Perth residents want to live in apartments, and not just in the inner city, however, a leading industry lobby group believes the state government’s planning regime is leaving them with little choice than to buy houses and land.
Water Minister Mia Davies announced the completion of one project and the start of two others to improve Water Corporation services at Perth’s northern edge and in the Wheatbelt.
The Commonwealth Bank has become the second major lender to lift the interest rates it charges property investors following an intervention by the banking regulator.
Local minerals explorer IMX Resources has announced plans to delist from the Toronto Stock Exchange due to a lack of demand for its shares in the Canadian market.
Community2Go is a smartphone app system designed for organisations, community groups, schools and clubs to send information easily to members through real-time push messages and a simple Q&A menu.
Gold has turned lower, dipping back below $US1,100 an ounce as a steeper-than-forecast drop in US jobless claims helped the US dollar recover from earlier lows, though prices remain under pressure after this week's plunge.
Architects have a saying about ‘less being more’. The mining industry has flipped that around with ‘more being less’, as shown in this week’s production reports and share prices of Fortescue Metals and BHP Billiton.
Gold miner Newcrest Mining is expected to post its best earnings figures in years after lifting its profit margins thanks to lower production costs and a weaker Australian dollar.
Fleetwood Corporation shares jumped today after the company sold the Osprey key worker village in Port Hedland to the government for $62.2 million, which will be used to reduce its net debt to zero.