Just months after completing a reverse takeover of listed engineering consultancy Emerson Stewart Group, Ocean to Outback Contracting says it is planning to sell the consulting subsidiary and focus
Aquila Resources says it is in advanced negotiations with an Indian consortium regarding the sale of its Washpool coal project in Queensland but is yet to receive an acceptable offer.
Junior gold explorer Crest Minerals is planning to raise up to $5 million through its initial offer of shares to the public, with funds earmarked for four key areas in Western Australia's Eastern G
Gina Rinehart’s Hancock Prospecting and mining giant Rio Tinto have gained state government approval to build a 53 kilometre railway and 220 kilovolt powerline for the Hope Downs 4 iron ore mine in
Capital expenditure fell in the last three months of December, but it is expected to make a comeback in the new year as the mining boom gains renewed momentum.
The opportunity to worry, gloat, and maybe soon even take bets on house prices is about to get a big boost with the launch of a daily home value index.
Woolworths says its net profit has fallen more than 16 per cent, due to the restructure of its Dick Smith chain, and it expects trading conditions to remain subdued for the rest of the year.
Australian stocks market opened nearly one per cent lower this morning following Wall Street's lead where US markets tumbled following the Federal Reserve chairman's address to Congress.
Economists expect the reserve bank will keep the cash rate steady at its next meeting, citing comments suggesting its benign view of domestic and global conditions.
Perth-based contracting company VDM Group has reported a net loss of $47 million for the six months ended December 31, the result of lower revenue, a small operating loss and more than $35 million
The Australian dollar pushed to its highest level in almost three weeks, rising above 108 US cents, following data showing the retail sector having recovered from its pre-Christmas blues.
Peak Resources shares jumped by nearly 20 per cent after the company unveiled a maiden JORC-compliant resource at its Ngualla rare earths project in Tanzania that it says rivals the largest deposit
The Australian share market closed higher, boosted by encouraging economic data from Japan and South Korea and slightly stronger retail sales data in Australia.
Shares in consumer goods retailer Harvey Norman fell more than six per cent after the company reported worse than expected sales in an uncertain retail environment.
Power generator Pacific Energy says record earnings from its Kalgoorlie Power Systems business have driven a solid lift in profit for the half year ended December 31.
Shares in QBE Insurance Group have risen after the insurance giant raised $450 million from institutional investors and sought to raise another $150 million from retail investors.
Premier Colin Barnett has stated that Western Australia should have two energy utilities rather than four, raising the ire of shadow minister Bill Johnston who believes investment in the sector is
LandCorp has announced development partners for two urban redevelopment projects; the residential revamp of the Perry Lakes stadium in Floreat, and a former education department site close to the K
Andrew Forrest's legal team has begun its appeal of a Federal Court ruling that the Fortescue Metals chairman and his iron ore company misled financial markets eight years ago.
