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Macmahon Holdings has received a $19 million settlement almost two years after its shaft sinking project at Glencore’s CSA copper mine in New South Wales was terminated.

The federal and Western Australian governments will be forced to permanently shelve plans to close remote Aboriginal communities in WA, Greens leader Christine Milne said in Perth this morning.

The Parkhound service puts those with car parking space to rent out in touch with those looking for space to rent. The site and app allows drivers to compare off-street residential and commercial parking, and also in a world first, street parking options.

Evolution Mining has bought a large stake in a local gold mining company with tenements near La Mancha's mines and processing plant near Kalgoorlie, which Evolution is also buying.

Atlas Iron has announced a surprise reversal of last month's decision to shut down, and will keep two of its three mines operating.

The Australian share market is slightly lower following falls on Wall Street.

Gold fell two per cent on Thursday after better than forecast US jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon.

The Australian dollar is lower following better-than-expected US economic data as traders look ahead to next week's Reserve Bank of Australia board meeting.

Oil prices have risen again on data suggesting the US crude glut is easing as the dollar weakened against the euro.

Wall Street stocks have fallen sharply as earnings from online listings company Yelp and others disappointed while US data showed only modest growth in consumer spending.

A decision to lift the pay of some public hospital staff above inflation puts further strain on the government’s budget position.

Perth-based contractor NRW Holdings, which is best known for its work on Pilbara iron ore projects, is the only local company in three consortiums that have been short-listed to bid for the $2 billion Forrestfield-Airport rail link.

Iluka Resources looks set to snare Irish company Kenmare Resources after proposing a scrip takeover offer valued at $363 million.

The competition watchdog has decided against pursuing Fortescue Metals Group chairman Andrew Forrest over comments he made at a business dinner last month, in which he called on iron ore producers to cap production.

The Australian share market has closed lower as the dollar rises and the chances of a May interest rate cut fall.

Global miner Newmont Mining is likely to sharpen its focus on its Western Australian operations, selling off its Waihi gold mine in New Zealand to OceanaGold Corporation for $US106 million and a 1

Executives of oil and gas producer Santos have narrowly avoided a first strike by investors protesting against their salaries as its shares and the oil price fall.

Moore Stephens will become the 11th largest accounting firm in Western Australia after striking a merger agreement with the Perth office of UHY Haines Norton.

Can interest rates rise and fall at the same time? They can if you’re looking at different markets, because just as the Reserve Bank of Australia considers a fresh cut in its prime rate to try and boost the local economy, interest rates in other markets are starting to rise.

Perth-based Swick Mining Services says it made a number of redundancies to minimise costs during the March quarter and plans to make an impairment adjustment at year’s end, despite an increase in demand for underground drilling from its existing clients.

The federal government has contracted four groups in Western Australia to run a new support network designed to lift completion rates for apprentices, but has caused disquiet by excluding a major group-training organisation from the scheme.

Minerals Corporation, which in 2013 was one of the first Perth-based mining companies to attempt a backdoor listing, has announced plans to exit the resources sector by acquiring an online music competition business.

Sandfire Resources has dropped Federal Court proceedings against the research body at the centre of the Australian National University’s controversial divestment action late last year, following an admission the researchers failed to meet their own standards.

Network Ten has warned it is nearing the limits of its $200 million loan and may need to raise more money as it attempts to boost ratings and lagging advertising revenue.

Gold miner Ramelius Resources has signed an agreement to farm-in to Clancy Exploration’s Condobolin project in New South Wales.

The fate of Perth companies iiNet and Amcom Telecommunications rests with Sydney competitor TPG Telecom and its reclusive chairman David Teoh, and possibly with the competition watchdog, after a day of surprises.

The Australian share market has opened lower.

The Australian dollar has again broken past US80 cents, buoyed by weak US economic data and a Federal Reserve meeting that contained no major surprises.

Gold has extended its losses after the US Federal Reserve signalled it was taking a meeting-by-meeting approach on when to raise its interest rate for the first time since 2006.

Oil prices have moved higher, buoyed by a weaker US dollar and a slight drop in US crude inventories at the key Cushing terminal, the first in more than four months.

Mines and Petroleum Minister Bill Marmion has hailed Western Australia as a top destination for research and resources development, following the awarding of prestigious scholarships to a number of overseas students.

Wall Street stocks have finished lower on news the US economy grew just 0.2 per cent in the first quarter.