Nickel miner Mincor Resources has posted it's second ever period in the red, with a $2.1 million first half net loss on the back of unexpected operational issues at its Kambalda mines.
Complaining about the $35.9 billion National Broadband Network has become a pointless exercise. The real question, now that it is being built, is how will we pay for it, and the nasty answer is a compulsory levy.
Prime Minister Julia Gillard is refusing to make any changes to Labor's planned mining tax, despite Treasury figures showing the modified version will collect $60 billion less in revenue.
Westfield Group has reported a $1.1 billion profit for the year to December 2010, compared with a loss of $457.8 million in the prior corresponding period, the Sydney-based group said in a statement on Wednesday.
BHP Billiton has reported net profit of $US10.524 billion ($A10.51 billion) in the first half of financial year 2011, and says it is confident of the outlook for commodities as emerging markets continue to drive growth.
The federal government has dismissed suggestions wireless technology is a threat to the national broadband network as Telstra plans to boost mobile internet speeds.
West Australian Premier Colin Barnett says an agreement over a $30 billion gas hub north of Broome is in reach after a Federal Court ruling removed a "spoiler element" from negotiations.
BC Iron says a media report claiming its second largest shareholder, Regent Pacific, had sealed a takeover deal with the iron ore miner before it was announced to the market is "highly misleading".
Steel fabrication and engineering group G&G Mining has been fined $60,000 over an incident in which a worker from a labour hire firm was crushed and left a paraplegic.
Poseiden Nickel says it will restart its Mt Windarra nickel mine after it entered an $8 million agreement with GSM Mining to complete the refurbishment of the underground project.
Shares in Glory Resources rose after the junior minerals explorer acquired some landholdings from Rio Tinto in Canada that are prospective for platinum group metals, copper and nickel.
The state government has released detailed design plans for the Perth waterfront redevelopment, and has set aside $270 million in the 2011-12 state budget to kick off construction early next year.
Westpac Banking Corporation chief executive Gail Kelly says business credit demand is likely to pick up in the second half of fiscal 2011, and could rebound quite quickly.
Medical devices and technologies group bioMD has announced a friendly takeover bid for Allied Medical, an unlisted public company backed by Andrew Forrest and led by Ian Frazer.
Australand Property Group has forecast earnings to grow by at least five per cent in 2011 after returning to profitability in 2010 and says the outlook for residential, industrial and office sectors remains positive.
Embattled property developer Luke Saraceni has filed a writ in the Supreme Court to have KordaMentha removed as receivers for troubled $500 million office development Raine Square.
Atlas Iron has declared its off-market takeover offer for Giralia Resources unconditional and says it will accelerate payments to shareholders who accept the offer.
Less than 24 hours before the first West Australian parliamentary sitting day of the new year, Opposition Leader Eric Ripper has unveiled a reshuffle that affects more than half the shadow ministry.
Receivers for embattled office development Raine Square have seized another Saracen Properties asset in Subiaco, after the sale of Saracen's neighbouring property was settled last Thursday in deal worth around $67 million.
Northern Star Resources says it has acquired the 668,000 ounce Ashburton gold project from Sipa Resources in exchange for royalties on future production.
Western Australia's environmental watchdog says it is unlikely to support any further development on the Whicher Scarp, near Boyanup, after it knocked back Bemax Resources' proposal to develop a new mineral sands mine.
Earthmoving equipment supplier Emeco Holdings will book a $7.85 million pre-tax impairment charge on its Indonesian business, lowering earnings expectations for the company's first half.
Western Areas has announced a $56.5 million increase in its interim net profit, as the Western Australia-based nickel miner ramps up exploration to pre-GFC levels.
Leighton Holdings says it expects full year net profit to fall by more than 20 per cent in 2010/11, after reporting a 25 per cent drop in first half profit.
The founder of failed property investment group Westpoint, Norm Carey, was today found guilty of five charges of making false or misleading representations regarding a residential property development in Rivervale.
Enerji says it has reached its most significant milestone to date, with the completion of a power purchase agreement with Horizon Power to install its technology at the Carnarvon Power Station.
