Iron ore and coal miner Aquila Resources has reported a net loss of $238,000 for the year ended June 30, down from a $3.1 million profit in financial year 2011.
BHP Billiton and Xstrata Coal have separately announced they will cut up to 900 coal mining jobs in response to falling commodity prices and the high Australian dollar.
The Singaporean government has admitted that the island state will be impacted by Qantas's decision to move its regional hub to Dubai but says it can replace the lost airline and passenger flows.
The Australian Greens have proposed a five-year moratorium on coal seam gas developments so thorough research can be done to assess its impact on land and communities.
Lending for housing in Western Australia increased for the third consecutive month in July, reaching its highest level since December 2009 as the national housing finance market trends flat, new re
BC Iron managing director Mike Young has come out in support of Gina Rinehart and accused the federal government of twisting the Western Australian mining magnate's words.
US stock market turned a weak jobs report into positive news on Friday, ending higher on expectations that the data will lead to new Federal Reserve efforts to help the economy.
The Australian dollar closed almost a full US cent higher after the European Central Bank (ECB) revealed a plan to support the region's weaker economies.
Days after installing a new board of directors, battling scaffolding firm IFS Construction Services has been placed into the hands of administrators from WA Insolvency Solutions.
Iron Road's cornerstone shareholder, The Sentient Group, has had to take up the lion’s share of the company's $40 million entitlement issue, after existing retail shareholders subscribed for just 8
Australian shares finished stronger, after global bourses reacted favourably to the European Central Bank's new plan to help ailing eurozone countries.
The value of Western Australia’s listed companies was largely flat in August, despite growing concerns regarding the health of the energy and resources sector, new research says.
Gold miner Regis Resources is looking to consolidate on a solid financial 2012, after recording a $68 million net profit on the back of a 58 per cent spike in revenue from gold sales.
A national land freight strategy will lead to a streamlined and integrated transport system for moving goods around Australia, Transport Minister Anthony Albanese says.
Treasurer Wayne Swan has applauded the European Central Bank's plan for a massive European sovereign bond buy-up to stabilise markets as another step to putting the zone on a sustainable footing.
Property developer Diploma Group has been asked to explain the circumstances surrounding its $25.5 million net loss for the 12 months ending June 30, which was announced late last week.
Global Construction Services has re-priced its $32 million capital raising at 60 cents per share, with managing director Enzo Gullotti saying the company could not have picked a worse time to go to
The Australian dollar has pushed more than half a US cent higher after Europe's central bank unveiled a massive bond-buying program to help alleviate the euro zone's sovereign debt crisis.
US stocks have surged to new multi-year highs, helped by positive economic data and the European Central Bank's (ECB) new plan to help ailing eurozone countries in the bond market.
Shares in mineral sands miner Lynas Corporation have surged by more than 40 per cent after the rare earths miner was granted a temporary licence for its controversial rare earths refinery in Malays
The Australian share market has closed higher on the back of positive corporate news and jobs figures, and hopes for a resolution to Europe's debt crisis.
The state government is seeking developers to deliver a 400-room riverfront hotel and residential tower on the first land made available at Elizabeth Quay (see video fly-through).
NRW Holdings says Fortescue Metals Group's decision to defer $1.6 billion of capital expenditure in the Pilbara will result in a $100 million hit to its revenue.
TFS Corporation shares have jumped after the sandalwood plantation manager announced global investment bank Moelis & Company had been appointed to assist in a strategic review of operations.
