Open pit mining is set to commence at Gindalbie's $2.57 billion Karara iron ore project in the Mid West, after Downer EDI signed a $570 million mining services contract.
The Australian dollar is slightly higher, reflecting positive US jobs data.At 0705 AEDT, the Australian dollar was trading at 107.27 US cents, up from 106.88 cents on Friday afternoon.
A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile recove
Macquarie Group has appointed Perth deal-maker and company director Mark Barnaba as chairman of its Western Australian operations, bolstering its status as one of the top investment banks in WA.
Five small and mid-cap miners including Papillon Resources, Coalspur and Condoto Platinum have raised a total of $39 million in new capital to support operations that stretch from West Africa to Ca
Westpac boss Gail Kelly became the latest bank executive to try to soften up the public to the prospect of banks not passing on the central bank's expected interest rate cuts next week.
Perth-based exploration junior ElDore Mining has announced a major gold mine acquisition in Zimbabwe, that it says paves the way for it to become a significant producer in 2012.
Prime Minister Julia Gillard is wary of an economy where the only signs of strength are in the mining sector, after hundreds of jobs were slashed in the banking and manufacturing sectors.
Ausdrill managing director Ron Sayers and his business associate, Barminco founder Peter Bartlett, have been charged with fraud over events that occurred nearly ten years ago.
The effectiveness of the Council of Australian Governments will be put to the test over this year as it tries to drive reforms to make the national economy more seamless.
US stocks have ended the session mixed after weekly jobless claims fell, but Federal Reserve chief Ben Bernanke told congress the jobs market had a long road to recovery.
Coretrack is planning to wind down its Globe Drill business after disclosing a legal dispute over its license agreement and poor performance of its GT3000 drill rig.
Corporate finance deals launched or completed in Western Australia during 2011 were worth a whopping $59.8 billion, a survey by WA Business News has found.
A renewed appetite for more riskier currencies, sparked by encouraging manufacturing data in Germany, the US and China, took the Australian dollar to a fresh three-month high.
Mongolia-focused Xanadu Mines says it seeks to partially sell or completely divest its thermal coal assets in the Asian nation as it simplifies itself into a copper and gold play there.
A Federal Court ruling allowing Optus to broadcast sports matches online means multi-million dollar exclusive rights deals are worthless, media analysts say.
IronClad Mining says it will ramp up construction at its Wilcherry Hill iron ore joint venture, after signing a four-year offtake agreement with a Chinese firm.
Oil Search has signed a contract with Perth-based ISS Group for the supply of management solutions software for the PNG LNG project in Papua New Guinea.
