National contractor Downer EDI has returned to full-year profit and expects growth in the year ahead, with its mining division being the best performer.
Newcrest Mining's full year profit is up 23 per cent due to rising gold prices and the company expects gold production to rise in the current financial year.
In what is fast becoming one of Australia's most bitterly fought environmental campaigns, cold, hard cash - rather than conservation - is likely to determine the fate of Woodside Petroleum's multib
US stocks shrugged off mixed corporate results and eurozone worries to hold onto their gains on Friday, with the main indexes all ending higher for the week despite little concrete positive news.
The Australian sharemarket ended the week on a negative note following the release of disappointing Chinese trade data which signalled further weakness in the global economy.
The federal government faces another tussle with the Australian Greens over a cut in the corporate tax rate, if the reduction is funded by reducing research and development (R&D) tax concession
Foreign Affairs Minister Bob Carr has used a visit to the University of WA to announce increased aid to help African nations develop their mining industries, which he said was a much better way of
The forecast pace of growth in the Australian economy for 2012 is better than previously expected, but problems in the euro zone threaten to crash the party, the Reserve Bank of Australia says.
Federal resources and energy minister Martin Ferguson has stepped up Canberra’s criticism of state government policy, calling for regulatory changes in the WA energy market and privatisation of ene
A dispute between Cape Lambert Resources and the Metallurgical Corporation of China over an $80 million payment stemming from the 2008 sale of a magnetite project near Karratha has been referred to
The Commonwealth Bank of Australia says its acquisition of BankWest saved the Australian economy from a major financial shock during the global downturn.
Former AWB managing director Andrew Lindberg has been fined $100,000 and banned from managing companies for two years over the Iraqi kickbacks scandal.
Business groups welcome new prospects for a corporate tax cut after this year's false promise, but they fear it could come at a painful cost in other areas.
Perth-based iron ore junior Coziron Resources is considering going to the market to boost its coffers by between $15 million and $20 million, after appointing broker Renaissance Securities to manag
Philippines-based resources and construction giant DMCI Holdings has made a £49.8 million ($73.6 million) takeover offer for ASX and London AIM-listed nickel explorer ENK.
