The IronClad Mining and Trafford Resources' Wilcherry Hill iron ore joint venture project is progressing, with a modified development plan sent to the South Australian government receiving a tick of approval.
Rio Tinto has announced plans to cut capital expenditure by more than 20 per cent per year out to 2015, but beyond then will need to consider major new projects to support its growth objectives.
Fortescue Metals Group says it's in a position to comfortably repay debt without having to do joint ventures or sell assets as the price of iron ore remains strong.
US stocks have taken a breather from the bull market of 2013, pushing lower as some analysts cited profit-taking and speculation of tighter monetary policy.
Global crude prices have pushed higher ahead of OPEC's December meeting on the oil market, as Saudi Arabia suggested no change to the cartel's output ceiling.
The Australian dollar has shed more than half a US cent after the strongest American factory activity data in more than two years stirred US stimulus tapering expectations.
CITIC Pacific says it is working hard to bring its Sino Iron project up to full production, after completing the first shipment of magnetite concentrate from the trouble-plagued development.
Global miner First Quantum Minerals is set to purchase a stake in West Perth copper junior Caravel Minerals, adding to its interests in Western Australia.
Paladin Energy managing director John Borshoff has announced strong interest in the long-running sale of a minority stake in its Langer Heinrich uranium mine in Namibia.
Grocery wholesaler Metcash has lifted its first-half profit more than 20 per cent thanks to its exit from the Franklins line of supermarkets, but its underlyng earnings were weaker as it continued to be affected by deregulation WA and strong competition nationally.
Local councils, church groups and charities around Australia have reached a conditional settlement of their claim for roughly $180 million in damages lost on investments sold to them by Lehman Brothers Australia.
Boutique developer Match Group has announced a shift into property funds management, with a $4 million Bunbury town centre site its first acquisition to be placed into a trust.
Woodside Petroleum and National Australia Bank chairman Michael Chaney says the growing compliance burden on companies threatens to compromise their ability to deliver for shareholders.
ERM Power's Kent Quinlan has been seconded to the role of interim chief executive at Empire Oil & Gas as they look to permanently fill the role in the near future.
Gold prices have clocked their worst November since 1978, as a brighter economic landscape fanned fears of reduced stimulus efforts by the Federal Reserve.
Patrons of The Grocer will have to change their shopping habits next year if they want to enjoy the Claremont purveyor’s range of Australian chorizo, French and Belgian chocolate, and Spanish jamon, among other specialty items.