West Perth-based junior Avanco Resources has completed an $18.1 million share placement as it looks to fast-track development of its Pedra Branca copper project in Brazil.
Alumina producer Alcoa of Australia has revealed it's cutting dozens of jobs from its local operations and pushing all of its contractors to slash their rates by 12 per cent.
Vanadium producer Atlantic has secured a further $11.75 million in unsecured funding from its biggest shareholder, Droxford International, the latest in a series of cash injections to sustain its working capital.
The share market recovered from opening losses to close slightly higher on cautious optimism US politicians will agree on a temporary deal to raise its debt ceiling.
Prime Minister Tony Abbott is planning to fundamentally change the way federal and state governments interact, including a shake-up of the Council of Australian Government meetings, according to WA Premier Colin Barnett.
The economic green shoots that boosted Iluka Resources' hopes of a recovering mineral sands market earlier this year have shrivelled, with the miner recording weaker quarterly revenue.
Tourists to Western Australia spent more than $7 billion there last year, despite the continuing economic struggle in Europe reducing the number of visitors from the UK.
Perth based stockbroking firm Patersons Securities is punting on investors’ emerging appetite for biotech stocks, agreeing to underwrite New Zealand biopharmaceutical company Innate Immunotherapeutics’s $16.5 million initial public offering.
The possible privatisation of Higher Education Contribution Scheme debt could see Australia become like the United States, where degrees are unaffordable for many, the National Union of Students says.
Australia's economy has suffered a significant loss of momentum since the start of the year as its transition away from being a mining investment gets bumpy.
Australian stocks started the local session lower as the deadline for the US to raise its debt ceiling or face the possibility of default draws closer.
Australian bond futures prices are higher as traders move into safe-haven assets due to the slow progress in negotiations to raise the US government's borrowing limit.
Humphrey Hale has stepped down as managing director at Wolf Minerals Limited, while former Grange Resources managing director Russell Clark will take over the position effective today.
US stock markets have closed deep in the red as politicians in Washington remained deadlocked over a deal to reopen the government and avoid default on its debts.
Oil prices have fallen as US lawmakers remained deadlocked over a budget and debt ceiling deal and as negotiations began on Iran's nuclear program in Geneva.
It's hard to imagine anyone being unhappy with Andrew and Nicola Forrest’s remarkably generous $65 million donation to establish a system of educational scholarships to rival that created by Cecil Rhodes more than 100 years ago.
Providing greater access to training and boosting links with industry will be the focus of a new review of the state's vocational education and training sector.
The Australian share market closed one per cent higher amid signs that politicians in the United States may soon reach a deal over the US budget and debt ceiling.
Global miner Rio Tinto is confident of hitting its 2013 iron ore production target of 265 million tonnes, after achieving further growth in the September quarter.
Mindax says it is a step closer towards developing its Mt Forrest iron ore project on the back of a binding joint venture agreement worth up to $52 million with Hong Kong-based investment company Perpetual Mining Holding.
Government departments and disability business enterprises have signed contracts worth $12 million in the two years since Workpower was charged with improving relations between the sectors.
