The Australian share market has opened higher following Wall Street's strong positive lead and on optimism that Greece has secured enough support for its debt-swap deal.
Navigator Resources says it is in advanced negotiations with a Canadian resources investment firm for a $US12 million debt facility and a gold sale agreement covering production from its Bronzewing
Rio Tinto Iron Ore executive Joanne Farrell has been named the Women in Resources Champion for 2012 by Western Australia's Chamber of Minerals and Energy.
The Australian dollar has proven resilient after the release of weak local jobs data, helped by optimism that the Greek government re-financing operation will prevent a debt default.
A federal government plan to restrict building near airports may threaten $8.8 billion of new property developments in Western Australia, a developer lobby group says.
The Australian share market closed stronger after three consecutive days of losses on views that there is a reduced likelihood of a Greek debt default and solid US private sector job numbers.
Opposition treasury spokesman Joe Hockey says the latest national accounts and jobs figures show that the economy has been operating well below its potential for some time.
The value of Australia's resources and energy exports jumped by 15 per cent to a record $190 billion in 2011, the Bureau of Resources and Energy Economics says.
GGG Resources and Auzex Resources have appointed former Thundelarra boss Brett Lambert to guide the Bullabulling Gold project back to production, following completion of the merger between the two
Federal Opposition Leader Tony Abbott has mocked the treasurer's promise of a budget surplus in 2012/13, saying it would take 100 years of surpluses to make up for "Swannie's deficits".
Continuing falls in Western Australian unemployment have failed to stop the nation's unemployment rate rising to 5.2 per cent in February, according to official figures.
US stocks rebounded on Wednesday after Tuesday's rout, with investors encouraged by US jobs data and signs that Greece was likely to make Thursday's deadline to seal a crucial debt write-off deal.
A significant shareholder in mining giants BHP Billiton and Rio Tinto has backed the federal government's stand on the minerals resources rent tax for its potential benefit to the wider economy.
Treasurer Wayne Swan believes the economy is still on target to reach trend growth of around 3.25 per cent this year, despite a dour performance in the final months of 2011 amid economic upheaval i
Base metals miner Kagara had a disastrous day, losing nearly $100 million in market value after its share price plunged by nearly 40 per cent because of its poor outlook.
Western Australian firms Raisama Energy and Southern Gold have seen their share prices plunge on the Australian Securities Exchange after announcing capital raising plans to raise a combined $8.8 m
The Australian dollar was three-quarters of a US cent lower on Wednesday after the release of economic growth figures that were much weaker than expected.
Federal Treasurer Wayne Swan has questioned whether groups such as Greenpeace should retain their tax-free status if they are actively working to disrupt and delay major coal projects.
The Australian share market finished firmly lower after battling headwinds on all fronts, with negative offshore leads, concerns about Greece's debt woes and disappointing Australian gross domestic
Federal Communications Minister Stephen Conroy says the full-scale rollout of the high-speed national broadband network can now begin following the completion of agreements between Telstra, the bui
Kerry Stokes' Iron Ore Holdings says it will focus on developing its iron ore projects in the West Pilbara, after completing the sale of its Central Pilbara tenement packages to a subsidiary of Min
Resolute Mining says it has entered a $US20 million agreement to buy out its joint venture partner Endeavour Mining from the Finkolo gold exploration project in Mali.
