Struggling contractor Forge Group has forecast a loss of up to $25 million for the 2014 financial year, slashing its earnings guidance on the back of cost blow-outs at several projects.
US stocks have finished solidly higher following a mixed bag of economic data and earnings reports, snapping a five-day losing streak for the Dow Jones Industrial Average.
Gold prices have slipped as equity markets bounce back from multiple losing sessions, and gold investors wait for a signal from the US central bank on the direction of its economic stimulus program
The Australian share market clawed back some of its earlier losses but still closed lower on Tuesday on the back of investor concern over emerging markets.
Ausdrill has struck up an alliance with gold explorer Azumah Resources, agreeing to invest $2 million in the company following the appointment of Ausdrill subsidiary African Mining Services as Azumah's preferred mining contractor.
SPECIAL REPORT: More national and international conventions are choosing to come to Perth, adding a boost to tourism and industry and catalysing a big change at the Perth Convention and Exhibition Centre.
US-based multinational Rollins Inc. has announced an agreement to acquire the assets and operations of Welshpool-based pest control company Allpest WA.
Lycopodium announced today it has entered a non-binding agreement to acquire a majority stake in South African based engineering business ADP Holdings.
A City of Perth senior project officer tasked with overseeing major projects has been charged with two counts of corruption relating to CBD capital works.
The granting of planning approval for a $400 million apartment project in Port Hedland has focused attention on environmental issues facing the Pilbara town.
The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.