Emu Nickel has abandoned plans to purchase the Hillgrove antimony-gold project from Straits Resources for $40 million, after it failed to raise sufficient funds to cover the purchase.
The Australian dollar has moved slightly higher, recovering some of the gains lost in Monday's sell-off, despite renewed concerns about Europe's debt crisis.
Rising demand from the resources sector for office space in Perth’s CBD has been identified as the key driver of the highest rental growth across Australia since December 2008, CBRE says.
Leighton Holdings insists that its portfolio of projects is performing well despite its two big ticket developments costing the construction giant $254 million in pre-tax earnings.
Monadelphous Engineering subsidiary KT Pipelines has appointed civil construction and services firm Central Systems for construction works at Chevron’s Gorgon liquefied natural gas project on Barro
Treasurer Wayne Swan has described his fifth federal budget, to be delivered this evening with a forecast $1.5 billion surplus, as one for the "battlers".
Panoramic Resources has waived the last remaining condition on its $40 million takeover bid for Magma Metals, after increasing its stake in the target to just over 44 per cent.
Indian conglomerate Jindal Steel and Power has taken a significant stake in Apollo Minerals, part of a $3.6 million capital raising for the Perth-based iron ore explorer.
BHP Billiton has continued making big changes in key executive positions, appointing Ian Maxwell as president energy coal, following the move of Jimmy Wilson from energy coal to take up Ian Ashby's
Australian shares opened slightly higher after gains for European stocks when their markets had a change of heart about the election of France's first Socialist president in nearly two decades.
US stocks have closed mixed, showing little impact from the weekend votes in France and Greece which cast doubt on the path of financial reform across the troubled eurozone.
The Australian dollar has fallen more than one US cent after a negative global reaction to disappointing US employment data and European election results dragged stock markets lower.
Australasian Resources has announced engineering and services contracts with Hong Kong-based MCC Overseas, for the Balmoral South iron ore operation in the Pilbara.
Premier Colin Barnett has revealed Perth’s $700 million major stadium will be the AFL’s second largest capacity home field, despite being shorter and wider than Patersons Stadium.
Orica's new boss has come out swinging, saying the company is riding high on the mining boom despite a horror year from a public relations perspective.
The Australian share market has taken a beating, after renewed concerns over the euro zone and disappointing jobs data in the United States sent spooked investors running for the exits.
A high-profile anti-whaling and environmental activist has been given a suspended jail term for bursting into the offices of Western Australia's Forest Products Commission (FPC) and throw
Panoramic Resources has acquired the Panton platinum project in the east Kimberley from Platinum Australia, for $5.25 million plus a 0.5 per cent royalty.
The Southern Regional Metropolitan Council has won a bid to reopen its waste management facility, one of the largest in Perth, after odour issues had prompted the Department of Environment and Cons
Arafura Resources has announced a strategic agreement with a major Korean multinational, to potentially develop its Australian rare earths deposits in joint venture.
