The Australian dollar has fallen to a fresh three-month low as declining commodity prices and a rally in the US dollar puts the currency under pressure.
Just four months after becoming Forge Group's new lender, it appears ANZ Banking Group will need to pitch in more debt financing to keep the struggling company afloat.
Doray Minerals has officially opened its Andy Well gold project in the northern Murchison region, at a ceremony hosted by mines and petroleum minister Bill Marmion.
The state government will retrospectively amend its land tax legislation after a court ruling broadened the potential for property developers to obtain an exemption.
Bis Industries has deferred plans to launch a long-anticipated $510 million initial public offering due to what it describes as unfavourable market sentiment towards the Australian mining and resources sectors.
Sino Gas & Energy has taken advantage of a strong rally in its share price, reaching an agreement to raise $53 million at 20 cents per share, to progress development of its coal seam gas assets in China’s Ordos Basin.
Independence Group has downsized forecasted quarterly gold production at its part-owned Tropicana gold mine, after producing first gold within budget and ahead of schedule.
Perth-based Hazelwood Resources will look to raise up to $7 million to accelerate production at the ATC ferrotungsten joint venture facility in Vietnam, in which it has a 60 per cent stake.
Programmed Maintenance Services has recorded a flat half year profit despite taking a hit to revenue as a result of a slowdown in investment in the resources sector.
The Australian dollar has recovered some ground after falling to a fresh three-month low amid increasing expectations of an interest rate cut in early 2014 and profit-taking.
Brookfield Multiplex has completed construction of a $200 million accommodation village at Hancock Prospecting's $10 billion Roy Hill iron ore mine in the Pilbara.
Empire Oil and Gas shareholders showed their overwhelming lack of support today towards the company’s recently ousted directors by lodging a massive vote against the remuneration report.
Almost 200 police officers are set to quit the Western Australian force under a voluntary severance scheme designed to ease pressure on the state budget and put more police on the streets.
It has been so long coming, and there have been so many false starts, that most people have missed what looks like the long-awaited fall in the value of the Australian dollar to less than US90 cents, and perhaps below US80 cents.
The federal government will go back to the drawing board on schools funding from 2015 after finding what it says is a $1.2 billion shortfall in Labor's scheme.
Perth-based concrete construction group Whittens has been awarded a $15.5 million contract for civil concrete construction works at the Boggabri coal handling and processing plant in New South Wales.