Australia's largest gold miner Newcrest has extended its debt facility by more than $200 million as it faces a class action from shareholders over its massive financial writedown.
The Australian share market closed more than one per cent lower after a top US central bank official raised the prospect of ongoing reductions in the US's economic stimulus program.
The Abbott government has begun closing immigration detention centres across the country, claiming the move will save the federal budget close to $90 million a year.
Welshpool-based exploration drilling equipment manufacturer Airdrill says it will reach a broader international customer base after being acquired by global drilling group Schramm, in a deal descri
Woodside Petroleum has inked a deal to supply about 1.5 million tonnes of liquefied natural gas over three years to Japanese utility Chubu Electric Power.
Core Services Group has completed a long-planned all-scrip acquisition of Marcon Group worth up to $10.7 million, with an over-subscribed capital raising sealing a deal first announced in November 2012.
Regis Resources says gold recovery at its Garden Well operation is likely to be lower than expected until plant upgrades are completed later this year, with quarterly production at the project coming in below guidance.
Mining giant Rio Tinto has paid more than $1.31 billion for 510 million Turquoise Hill shares under a rights issue, clearing the slate as it develops the Oyu Tolgoi mine in Mongolia.
Forge Group has announced further cost blow-outs of up to $28 million on one of its power station projects, less than two months after telling the market it had defined the full extent of its problems.
Fortescue Metals Group has assumed "full operational responsibility" at its Christmas Creek mine after two fatalities in less than five months, announcing it has purchased the mine's ore processing facilities from Mineral Resources subsidiary Crushing Services International.
MZI Resources has signed an off-take agreement with major shareholder Tricoastal for the purchase of all zircon concentrate produced at its Keysbrook mineral sands project over a five-year period.
Mirabela Nickel chairman Geoff Handley and directors Colin Steyn and Peter Nicholson have all resigned from the board of the embattled company, which remains in a trading freeze as it works to restructure its $US454 million of debt.
Australia's two biggest supermarket chains Woolworths and Coles continue to punch above their weight, cementing their place among the world's top 20 retailers.
Anti-fraccing campaigners are gearing up for a showdown with unconventional gas explorers in WA's Kimberley region ahead of a series of public hearings next month.
The New York Times has ranked Perth number nine on a list of 52 places to visit in 2014, praising the city's new range of restaurants and small bars and the "up-and-coming neighborhoods" of Northbridge and Mount Lawley.
Leighton Holdings subsidiary Thiess has won a $135 million contract from Western Desert Resources to lead the mining operations at the Roper Bar iron ore mine in the Northern Territory.
Telstra has sold a majority stake in its shrinking directories business Sensis to a US-based private equity investor, as it builds up a multi-billion dollar stockpile of cash to fund investment and, possibly, higher returns for shareholders.
Southern Cross Electrical Engineering has bolstered its order book, securing electrical and instrumentation works worth more than $10 million at Rio Tinto's Nammuldi below water table project.
A peak industry group has called on the federal government to lift Australia's immigration intake by 15 per cent in order to address skills shortages in a number of professions.
The Australian sharemarket has opened flat as traders position themselves for key Chinese economic data releases and quarterly production reports from major resource companies this week.
