Just over $31 billion was wiped from the value of Australian shares on Thursday as Italy emerged as the new centre of concern in the eurozone debt crisis.
BHP Billiton has negotiated a major development plan with the Town of Port Hedland that would see the mining giant pay more than $80 million for land, build a camp for 6,000 construction workers, s
Ports and rail operator Asciano says it has performed well in uncertain economic conditions but warned it would be affected by a fall in economic activity.
Hong Kong-based investment house Wah Nam Holdings has confirmed it is in discussions with Brockman Resources regarding a “potential transaction and co-operation”.
An unexpected fall in the jobless rate is unlikely to prevent the Reserve Bank of Australia (RBA) cutting interest rates again given the continuing turmoil on global markets.
The state government says it will reap an extra $1.9 billion over the next three years after finalising agreements with BHP Billiton and Rio Tinto to increase the royalty rate payable for thei
Gindalbie Metals' timeline for its flagship Karara iron ore project in Western Australia has slipped but the $2.57 billion development cost remains the same.
Mutiny Gold says it has signed an $11 million project loan and hedging facility to fund the acquisition of the final 30 per cent stake in the Gullewa tenements and a feasibility study for its Defle
Kalgoorlie Mining Company says it has received commitments to raise $6 million for the construction of a gold treatment plant at its Bullant gold mine, near Kalgoorlie-Boulder.
Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company’s remuneration report.
Allmine Group subsidiary Arccon has entered an agreement to acquire the remaining 50 per cent stake in Construction Industries Australia that it does not already own in an all-scrip offer worth $3
Nine Entertainment chief executive David Gyngell says he is focused on running the company and not on the pile of its debt that will soon require refinancing.
One of Australia's largest accounting firms is standing by its analysis of Labor's mining tax after Treasurer Wayne Swan rebuked it for distorting the public debate.
Perth-based nickel explorer Corazon Mining has announced a $4.3 million capital raising to fund drilling programs at its Lynn Lake nickel sulphide project in Canada.
Brews from the north and a Subiaco steak sandwich were among the winners at the state’s Australian Hotels Association Hotel and Hospitality awards this week.
Australian shares gained more than one per cent as markets focused on Italy and stronger commodity prices prompted local investors to buy mining stocks.
