Billionaire mining magnate Gina Rinehart wishes to relinquish her role as the trustee of her family's multibillion-dollar trust, a Sydney court has heard.
West Perth-based Chalice Gold Mines has made an offer to merge with Canadian gold developer Coventry Resources as it seeks to find assets to boost its cash flow.
Australian capital city house values hit a record high in September, with Sydney and Melbourne leading the charge while Perth's house values fell slightly.
Former resources minister Martin Ferguson has joined Kerry Stokes' investment company Seven Group Holdings as its head of natural resources and will also chair the Australian Petroleum Production & Exploration Association's advisory board.
The Australian market has opened higher after gains on international markets as investors shrugged off worries about the partial US government shutdown.
The loss of Western Australia's AAA credit rating has played a role in the state government ditching plans for an extra storey at a hospital currently being constructed.
The Australian dollar is higher against a weaker US dollar as the US Congress struggles to pass budget legislation before the end of the financial year.
Saracen Mineral Holdings has bolstered its board with the appointment of Samantha Tough and Geoffrey Clifford as non-executive directors, four months after launching a major cost-cutting drive on t
The Australian dollar has fallen slightly ahead of next week's Reserve Bank board meeting, amid anticipation that the central bank may lean towards another rate cut.
Perth investment house Argonaut has seen its annual profit and revenue drop following what it described as a period of substantially reduced activity in equity capital markets and mergers and acquisitions.
The Australian share market has hit another fresh five year high as previously underperforming stocks pushed the market to its seventh consecutive week of gains.
Western Australia’s peak industry body has called on the state government to commit to comprehensive tax and regulatory reforms to get the state’s economy back on track.
Programmed Maintenance Services has won a $100 million contract to provide support for work on the Ichthys liqueified natural gas project off the coast of Western Australia.
Mirabela Nickel plans to pursue new strategic and funding options after announcing multiple setbacks at its Brazilian mining operations, including the loss of one of its customers and a likely increase in capital expenditure.
Empire Oil & Gas is facing a board upheaval with its biggest shareholder and joint venture partner ERM Power calling a meeting of shareholders to consider removing Empire's executive chairman and two other directors.
Harvey Norman chairman Gerry Harvey's annual pay remained steady at $1.03 million last financial year, as the company's profit dropped by 17.5 per cent.
Northern Minerals has made a raft of new appointments as its commences a pre-feasibility study for its Browns Range rare earths project in the Northern Territory.
Federal Treasurer Joe Hockey says the budget has deteriorated and the projected deficit for this financial year is likely to be worse than Labor's forecast.
