Breakaway Resources has signed a joint venture agreement worth $8 million with Sandfire Resources, to explore the Altia base metals project in north-west Queensland.
Prime Minister Julia Gillard has urged the mining industry to recruit Australians willing to work on projects rather than bring in temporary skilled migrants.
The problem with sugar as an energy source is that its effects are short-lived and often followed by feeling lethargic, and while it is an odd comparison it is interesting to think about how sugar
Heavily indebted iron ore miner Fortescue Metals Group has deferred $1.6 billion of spending on its expansion projects and cut “several hundred” jobs in a dramatic reaction to the sharp plunge in i
Europe's main stock markets have risen amid growing hopes the European Central Bank could unveil a bond-buying program later this week, while investors digested poor manufacturing data.
Petrol prices appear to have topped out after rising sharply over the past few months to a 13-week high, and could ease a little further over the next couple of weeks, Commonwealth Securities says.
Construction group Global Construction Services has announced a $32.1 million capital raising plan to reduce its debts and provide additional capital to achieve a 20 per cent growth target over the
Troubled developer Port Bouvard has appointed Azure Capital to assess its strategic options in the wake of a loss of $103.5 million for the 12 months ended June 30.
Shipping delays are expected at the commodities port of Geraldton as authorities prepare to shut down operations before a major storm buffets the area.
The corruption trial of former Western Australian premier Brian Burke has been put on hold pending discussions between defence lawyers and the prosecution.
The state government has unveiled the proposed route for its light rail system, with nearly $12 million of state funds committed to fine-tune the plan.
Qantas should not be written off as it remains a very strong national carrier and is addressing problems with its international service, Tourism Australia boss Andrew McEvoy says.
Hancock Prospecting chair Gina Rinehart caused a stir last week when she suggested the minimum wage be cut and called for people who are jealous of the wealthy to socialise less and work harder.
The state's peak business body has tipped the state's two-speed economy to become more pronounced, with conditions outside of the resources sector to get more challenging as business investmen
Australian stocks have opened weaker, as disappointing Chinese economic data and a slew of companies that started trading without a dividend pushed the market lower.
The demand for skilled workers has risen to its highest level in 12 months, but poor consumer and business confidence was slowing the recovery, research shows.