Federal Reserve chairman Ben Bernanke says it is important that Congress raise America's borrowing limit before the Treasury runs out of manoeuvring room to avoid a potential default on US debt.
Perth-based Jacka Resources says it has received all funds from an option underwriting agreement, which will be applied to upcoming appraisal and exploration work.
Troubled surfwear retailer Billabong has received an alternative takeover offer from a consortium comprising US private equity firm Altamont Capital Partners and retailer VF Corporation.
Rox Resources’ share price has lost some of the headway it gained from a nickel discovery late last year, with drilling results suggesting the explorer has yet to hit the “sweet spot”, an analyst s
The federal opposition says the government should come clean with the public on how much the mining tax has raised to date, then immediately move to scrap it.
Altona Mining has to go it alone or find a new partner to develop its Queensland copper project after global miner Xstrata changed its mind and decided not to buy a majority stake in the project.
A West Perth hotel is planning to expand the number of its rooms from 30 to more than 100 as latest figures show continued high demand for accommodation in the CBD area.
Metals X looks set to proceed with its Central Murchison gold project following a favourable definitive feasibility study, which estimated the project would generate a pre-tax net present value of
Shares in Base Resources have soared after the mineral sands miner convinced the Kenyan government not to enforce new nationalist laws on it requiring local ownership.
The pace of construction on the government's $37.4 billion broadband network will continue to ramp up after exceeding its 2012 year-end rollout target, the federal government says.
Shares in Apex Minerals have climbed higher on news the gold miner has started a strategic review to look into the potential sale of its flagship Wiluna gold mine or the entire company.
The Australian dollar is close to 106 US cents after touching a near four-month high in offshore trading on the back of a stronger gold price, a rally on equity markets and positive comments from t
Crosslands Resources has appointed Fluor to refine a recent study over the Jack Hills expansion project, which is key to the development of the Oakajee port and rail operation.
Shares in Aspire Mining have surged after it struck several transactions with commodities trader Noble Group over the Ovoot coking coal project in Mongolia.
Industry fund First Super will be selling its News Corp shares after a global push to end Rupert Murdoch's dual role as chairman and chief executive failed.
This week's jump in iron ore prices to 15-month highs delighted investors and politicians hoping that mining revenue would pour in again, but analysts are nervous about Chinese volatility.
