The federal opposition believes the Reserve Bank of Australia, and not the government, should do much of the heavy lifting if the local economy needs a boost in the face of a souring global economy
Resource industry analysts have hailed Range Resource’s partnership with Trinidad’s Leni Gas & Oil to effectively merge their oil and gas exploration assets in southern Trinidad, saying the agr
Potash West shares jumped by 25 per cent on the Australian Securities Exchange today, after the Perth-based miner reported encouraging initial results from its latest drilling program in the Mid We
Oil and gas explorer Rialto Energy has announced a $60 million capital raising initiative to fund a three well drilling campaign at its Gazelle gas field off the coast of Cote’ d’Ivoire.
The Australian dollar is becoming increasingly attractive to foreign central banks and sovereign wealth funds as they try to reduce their exposure to under-performing US and European currencies.
Engineering and construction firm Clough has announced that its Clough Curtain joint venture has won work orders worth around $145 million on the PNG LNG project in Papua New Guinea.
Woodside Petroleum denies it is looking to sell a major part of its stake in the proposed Browse basin liquefied natural gas project, but has confirmed it is evaluating the potential sale of a mino
Western Australia’s Chamber of Minerals and Energy has predicted investment in the state’s resources sector to continue at pace, driving the state’s Gross State Product up 4.3 per cent in 2011-12,
US stocks erased early gains on solid earnings reports from Caterpillar and Netflix to end lower on Thursday, with some weak economic data and profit-taking seeming to drive the selling.
Treasurer Wayne Swan won't be cutting the major retail banks any slack if the central bank cuts the official cash rate again at its board meeting next month.
The Australian dollar continued to trade above 105 US cents despite expectations of further interest rate cuts after official data showed that inflation was easing.
Perth-based oil and gas junior WHL Energy says it is continuing to receive unsolicited interest from international firms looking to farm into its Seychelles exploration acreage off the coast of Afr
ADG Global Supply has announced a 66 per cent increase in revenue on the back of establishing new offices in Africa and the acquisition of UK-based Winchester Procurement.
Listed investment firm Australian Foundation Investment Company (AFIC) expects uncertainty in Europe to continue to cause market volatility in the coming months.
Shares in base metals and gold miner Bass Metals have been suspended from trading as it may not be able to meet debt repayments amid concerns its Tasmanian operations are becoming financially margi
Silver Lake Resources has is planning a third gold production base in Western Australia, after annoucing an agreement to acquire the Phillips River Mining's Great Southern gold tenements by wa
