Critics of the proposed $40 billion Browse Basin gas project in the Kimberley would be unwise to see Chevron's exit as a sign that the project is in trouble.
Oil and gas giant Chevron has divested its holdings in the controversial Browse development off the Kimberley coast in exchange for increased holdings around its Wheatstone gas project, currently h
Iron ore explorer Brockman has entered into a pact with miner Atlas Iron and train freight operator QR National to jointly compile and evaluate a proposal for a rail link to port in Western Austral
US stocks have closed flat in quiet trade that still had enough might to push Apple to become the world's most valuable company of all time, eclipsing Microsoft's 1999 record.
The Takeovers Panel has made a declaration of unacceptable circumstances after taking a look at the increasingly hostile battle for control of IFS Construction Services.
Liontown Resources has announced a $3.4 million capital raising to fund fast-tracked exploration drilling at its Jubilee Reef gold project in Tanzania.
The state government has awarded its third early works package for the Elizabeth Quay project, with specialist contractor Maritime Constructions being awarded a $7 million deal to reconfigure exist
Agricultural investment company AACL Holdings and international trading group Glencore Grain say they are still negotiating $7 million in funding support for AACL, after failing to meet self-impose
Nickel miner Western Areas has reported a $94.7 million drop in full-year net profits, a result of the continued weakness in global nickel prices and sustained strong performance by the Australian
Navigator Resources has been left high and dry by its potential white-knight, with Singapore-based investment house LionGold Corporation deciding not to make a formal takeover proposal for the emba
Drilling fluids and services provider Imdex has hailed an "exceptional" performance in financial year 2012, with the company lodging record revenue and profit for the 12 months to June 30.
Bendigo and Adelaide Bank has highlighted the pressures of high funding costs and weak demand for loans as it reported a 43 per cent drop in full year profit.
The cost of electricity is shaping up as a key election issue in Western Australia, with Labor unveiling a $630 million, three-year plan to reduce bills.
Modular construction group Fleetwood Corporation has reported a record net profit for the year ended June 30, despite a 13 per cent drop in full-year revenue.
Mining and construction contractor Macmahon Holdings has lodged a record net profit of $56.1 million for the year to June 30, on the back of a 49 per cent jump in revenue to $1.9 billion.
Gindalbie Metals has secured an additional $US250 million in financing required to complete construction of its Karara iron ore project in the Mid West.
Australian businesses are experiencing another decline in retail spending as fickle consumers hold on to their money after two months of opening their wallets.
Perth-based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.
BlueScope Steel expects its financial performance to improve in the year ahead after posting a $1.04 billion loss in the 12 months to June.The company had forecast the massive deficit.
US stocks racked up their sixth straight weekly gain on Friday, despite a thin diet of news and low market volume, with the Dow hitting its best level since the end of 2007 and the S&P 500 just
