Less than three weeks after announcing it had secured $US6.47 billion ($6.89 billion) in equity funding to construct a port and rail network at Oakajee, junior explorer Padbury Mining says the deal is now dead.
Social entertainment firm mig33, which is in the middle of a reverse takeover of Latin Gold, has secured more than $10 million in investment from Hong Kong-listed handset manufacturer FIH Mobile.
Perth-based miner Aditya Birla Minerals disclosed today it has stood down the majority of employees at its Nifty copper mine as it continues to investigate suspected ground subsidence.
Melbourne company Vocation has acquired Perth-based Australian College of Applied Education and 50 per cent ownership of the Australian School of Management for $2.125m.
Dubber, a cloud based call recording platform, is preparing for a backdoor listing on the Australian Securities Exchange after signing a deal with West African gold explorer Crucible Gold.
Hancock Prospecting is being compelled to hand back a stake in the Rhodes Ridge iron ore project after the Gina Rinehart-led company dragged its heels after a court ruling.
Galaxy Resources has agreed to sell its Jiangsu lithium carbonate plant in China to Sichuan Tianqi Lithium Industries in a deal worth about $249 million.
The Perth Mint is set to spend $16 million to expand its manufacturing facilities, in response to increasing demand for bullion and precious metal blanks, which are used to make coins.
Pharmacies supplier and health and beauty retailer Australian Pharmaceutical Industries has booked a loss of $115 million for the first six months of its fiscal year, after major asset writedowns.
The Australian dollar has drifted higher following a rally on global share markets and expectations that the greenback will trade within a narrow range.
Global oil prices have risen, supported by tensions over the Russia-Ukraine crisis and expectations of a drop in US commercial inventories at the key Cushing terminal.
SPECIAL REPORT: The changing profile of the Water Corporation’s $1 billion works program will present more direct opportunities for smaller contractors.
SPECIAL REPORT: International contractor Kentz and local companies Monadelphous and NRW Holdings were the big winners among civil and engineering construction contractors over the past 12 months, research by Business News has found.
SPECIAL REPORT: With new project work from the resources and government sectors slowing down, contractors will need to look harder for work opportunities.
A Perth-based liquidator has failed to adequately carry out its duties and been ordered to improve its procedures following an investigation by the Australian Securities and Investment Commission.
The final results of the re-run Western Australian Senate election have been announced, confirming Labor's assumption it has missed out on a second seat.
Fallen West Australian treasurer Troy Buswell has offered an apology after being fined $3,100 and disqualified from driving for one year over 11 traffic offences in one night.
Roc Oil and Horizon Oil have struck an $800 million deal to merge their assets, with the combined company looking to produce up to 20,000 barrels of oil per day.
A Scarborough-based paving business and its sole director have been fined a total of $20,000 for falsely claiming it was a member of the Master Builders Association.
Troy Resources managing director and chief executive Paul Benson has given notice of his resignation after nearly seven years at the head of the gold and silver producer.
