Nickel miner Western Areas has reported a $94.7 million drop in full-year net profits, a result of the continued weakness in global nickel prices and sustained strong performance by the Australian
Navigator Resources has been left high and dry by its potential white-knight, with Singapore-based investment house LionGold Corporation deciding not to make a formal takeover proposal for the emba
Drilling fluids and services provider Imdex has hailed an "exceptional" performance in financial year 2012, with the company lodging record revenue and profit for the 12 months to June 30.
Bendigo and Adelaide Bank has highlighted the pressures of high funding costs and weak demand for loans as it reported a 43 per cent drop in full year profit.
The cost of electricity is shaping up as a key election issue in Western Australia, with Labor unveiling a $630 million, three-year plan to reduce bills.
Modular construction group Fleetwood Corporation has reported a record net profit for the year ended June 30, despite a 13 per cent drop in full-year revenue.
Mining and construction contractor Macmahon Holdings has lodged a record net profit of $56.1 million for the year to June 30, on the back of a 49 per cent jump in revenue to $1.9 billion.
Gindalbie Metals has secured an additional $US250 million in financing required to complete construction of its Karara iron ore project in the Mid West.
Australian businesses are experiencing another decline in retail spending as fickle consumers hold on to their money after two months of opening their wallets.
Perth-based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.
BlueScope Steel expects its financial performance to improve in the year ahead after posting a $1.04 billion loss in the 12 months to June.The company had forecast the massive deficit.
US stocks racked up their sixth straight weekly gain on Friday, despite a thin diet of news and low market volume, with the Dow hitting its best level since the end of 2007 and the S&P 500 just
Australian shares have finished almost one per cent higher as investors continue to buy into local companies following better than expected earnings results this week.
Myer chief executive Bernie Brookes says the traditional big retailers will overcome their reluctance to adapt to the internet by becoming the top 10 shopping sites within five years.
Two issues stood out in the central bank's latest quarterly statement, apart from the usual warnings about Europe and China - productivity and the Australian dollar.
The Department of Treasury has been told mining companies may be forced to use less experienced staff to proceed on a significant pipeline of construction in the sector.
An appeal by a consortium of banks that were ordered to pay money to the liquidators of Bell Group has not only failed but backfired, with the likelihood they will have to pay double the original a
Shares in online movie company Quickflix have risen by more than four per cent on the back of the release of its new movie and TV streaming application for Samsung tablets.
