Shares in Moly Mines have surged more than 20 per cent after the company agreed to sell output from its producing iron ore mine in the Pilbara to fellow miner Mineral Resources for about $38 millio
Federal resources minister Gary Gray is confident Australia will remain a major supplier of metal and minerals commodities, especially to South-East Asia.
Premier Colin Barnett is keeping a tight lid on how much has been spent on the government's failed attempts to revive the Muja coal-fired power station in Collie.
The state government will pay more for gas from Chevron's Gorgon project than from the North West Shelf, but says the increase won't all be passed on to consumers.
The Australian dollar has held its own against a stronger greenback driven by positive data, after China's central bank moved to calm fears that its country faces a credit crisis.
Gold futures have extended recent losses to set a 33-month low, as a string of stronger US economic data bolstered equities and dampened interest in safe-haven assets like precious metals.
US stocks have closed higher, helped by data showing more strength and confidence in the US economy and as worries eased over a credit crunch in China.
A Mandurah retirement village operator has become the third organisation in Western Australia in the past year to be deemed a charity by the State Administrative Tribunal, effectively opening the d
While the federal treasurer believes Australia should become the world's largest liquefied natural gas exporter by the end of the decade, an industry insider says high production costs are putting
Liquor licence applications for central-Perth venues are being approved at a record rate despite continuing resistance from the police service and health department.
Point of sale financing provider ThinkSmart has signed a three-year contract with electronics retailer Kogan to develop a system to provide customers the ability to organise finance for purchases o
Construction contractor AusGroup has taken legal action against Mid West iron ore miner Karara Mining, suing the joint venture today after securing an injunction in secret hearings yesterday to pre
The state’s retail market will remain the nation’s strongest over the next 12 months, despite consumer spending growth expected to ease as expansion in the resources industry tails off, new researc
Erongo Energy announced today that it would acquire the unlisted company Ninghan Exploration and appoint ex-Perseus Mining Managing Director, Mark Calderwood, to its board.
Perseus Mining shares have tanked in early trade after the miner said late yesterday that production from its Ghanaian gold operations would come in below its forecasts.
The Australian share market has opened slightly higher in defiance of declining Asian and US markets and concerns of a cash crunch in China after its worst growth reading in 13 years.
Federal Treasurer Wayne Swan says a falling Australian dollar should help the transition from mining investment to broader-based growth in the economy.
