Australia is expected to remain a hot spot of merger and acquisition activity because of its cashed-up companies, in defiance of a worldwide slump in corporate deals, new research finds.
Australian stocks ended slightly weaker after a day of choppy trade as positive minutes from the central bank's meeting helped investors shrug off the ongoing economic gloom.
Environment minister Bill Marmion has backed the Environmental Protection Authority’s decision to reject a Central West Coal proposal to develop a coal mine south of Eneabba.
Shares in Gloucester Coal are in a trading halt following reports it was in talks about an $8 billion merger that would create Australia's largest independent coal producer.
Perth-based Indo Mines has entered into an agreement with Indonesian investment company the Rajawali group which includes a $13.2 million share placement.
Following a successful $3 million initial public offering, WA minerals explorer Goldphyre Resources today listed on the ASX, with shares dropping from an initial price of 20 cents to close at 16 ce
More than one million tonnes of recycled construction and demolition (C&D) waste could be diverted from landfill and used to build roads under a landmark agreement between Main Roads WA and the
Perth-based Intierra Resources Intelligence has acquired Sweden-based Raw Materials Group (RMG) to create one of the industry’s largest global database groups.
The federal government is going after directors of failed companies who, having avoided liability for workers' entitlements and other debts, restart the business under a similar name.
Will China be the next financial domino to fall? That is a question which was once unthinkable, but which is now being openly discussed, with serious potential consequences for Australia.
The Reserve Bank of Australia (RBA) says it expects global economic growth to stall in the coming year, keeping the door open for more cash rate cuts in 2012.
Perth-based gold and uranium explorer Convergent Minerals has acquired AFL Resources for the issue of 50 million shares and 25 million options exercisable at 6 cents to AFL shareholders.
Newcrest mining has reduced its full-year gold production guidance by about six per cent because of a production disruptions and lower grades and recoveries.
Buru Energy’s chairman Graham Riley, executive director Eric Streitberg and CEO Tom Streitberg have collectively purchased almost $6 million in company shares.
Australian shares ended near a three-week low as the death of North Korean leader Kim Jong Il brought more uncertainty to a market already riled by a slump in the share price of domestic retailers.
Perth-based Mirabela Nickel announced today the appointment of Geoff Handley as non-executive chairman and the resignation of Craig Burton and Bill Clough, completing its board renewal process.
Legacy Iron Ore has appointed three senior Indian business figures to its board, following shareholder approval of India’s National Mineral Development Corporation’s (NMDC) purchase of a 50 per cen
Superannuation funds have posted their worst performance since the height of the global financial crisis in 2008 as the eurozone's debt problems cut returns from capital markets.
