Emeco Holdings has invested $50 million to expand its mining equipment rental business into Chile, establishing a new avenue of growth and gaining exposure to a new market.
Moody's downgrades of debt ratings of Italy, Spain and Portugal and, locally, softer commodity prices dragged the Australian share market almost one per cent lower.
Africa-focused uranium producer Paladin Energy has widened its first half net loss from the previous corresponding period even though it achieved record production.
Two long-awaited and much-debated marina proposals have inched closer to becoming reality, with Cedar Woods’ Mangles Bay getting an environmental thumbs-up, and the state government committing to a
A South Korean firm has been has awarded the contract to build a huge processing plant offshore from Western Australia for the $US34 billion ($A31.8 billion) Ichthys gas project .
The Reserve Bank of Australia has backed claims by major lenders that their cost of borrowing has risen drastically in the wake of Europe's sovereign debt crisis.
There is no law against providing lousy financial advice, but there ought to be, and the first person investigated should be the man in charge of Australia’s finances, Wayne Swan.
Australian stocks opened lower this morning, with market players using the downgrade of three European countries as a catalyst to sell out of equities.
US stocks closed higher on Monday after the Greek parliament's approval of tough austerity measures paved the way for a new financial rescue of the country.
Andrew Forrest’s Fortescue Metals Group will pay Iron Ore Holdings $25 million for the exclusive option to mine the Iron Valley and Weelli Wolli tenements in the central Pilbara, in a deal that cou
The Australian share market closed strongly, with investors delighted after the Greek parliament voted for an austerity package needed to obtain bailout funds.
ACP magazines and Seven West Media have refused to comment on speculation that the owners of Nine Entertainment Co were looking to offload the magazine publisher in a bid to reduce debt.
The Guildford Hotel Redevelopment Group is seeking to overturn redevelopment conditions proposed by the City of Swan for its plan to restore the historic fire-damaged hotel, saying the $7 million p
Minemakers has launched an off-market, all-scrip takeover bid for its joint venture partner UCL Resources, which values the target at around $23 million.
National Australia Bank and the Commonwealth Bank have followed the lead of ANZ and Westpac, hiking interest rates above that prescribed by Australia's central bank and blaming higher funding costs
Environmental services firm Cardno has won a $22 million contract to help provide major infrastructure upgrades at several Rio Tinto iron ore mines in Western Australia.
A motorists' lobby group says the competition and consumer watchdog has the power to crack down on petrol price gouging by supermarkets and other fuel retailers.
