Shares in West Perth-based Hylea Metals were up 592 per cent today after the junior announced it acquired a 65 per cent stake in Paladin Energy’s Kayelekera uranium mine in Malawi.
Scott Morrison vowed to roll back regulation, pass tax reform and fight militant unions in his first major economic speech since the LNP’s surprise election victory this past month.
The Public Transport Authority has awarded an engineering services contract for its network and infrastructure division to joint ventures involving SMEC and GHD.
The Australian Competition and Consumer Commission says it has concerns about AP Eagers’ $2.3 billion takeover of Automotive Holdings Group, due to a potential impact on competition in new car retailing in NSW.
Ausdrill’s underground contractor subsidiary, Barminco, has been awarded a five-year underground mining services contract at a copper mine in Botswana worth around $800 million.
Metcash has swung to a $192.8 million full-year profit after cycling through its South Australian contract impairments, but its share price has taken a tumble after a decline in food earnings and higher finance costs weighed on the IGA supermarket supplier's underlying result.
Flinders Mines shareholders have backed the company's new board of directors and the prospects of a strategic review into infrastructure options for its flagship asset, the Pilbara Iron Ore Project.
Oil futures rose about one per cent on Friday, with US crude up 10 per cent and global benchmark Brent gaining 5 per cent in the week, on fears the United States could attack Iran and disrupt flows from the Middle East - an area which provides more than a fifth of the world's oil output.
Gold prices surpassed $US1,400 on Friday before retreating, still holding near a six-year high on the US central bank's dovish stance on monetary policy.
Lynas Corporation won't cash in on the sharp short-term increase in rare earths prices related to the US-China trade war, saying it will stick to the long-term strategy it announced last month.
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Shares in Altura Mining have surged 37 per cent since late Wednesday, after the company announced positive production results and its struggling former biggest investor sold its remaining stake in the company.
An internal investigation is under way at the corporate watchdog over the collapse of investment company Sterling First, which Business News first revealed had entered administration last month.
The donation that giving circle Meridian Global Foundation provided to mental health charity zero2hero five years ago shows the impact targeted giving can have.
Yolk Property Group is developing a 161-lot lakeside residential estate at Champion Lakes that will feature innovative housing products, a recreational and hospitality precinct and an aged care facility, in partnership with Southern Cross Care on behalf of the Metropolitan Redevelopment Authority.
Industrial Relations Minister Christian Porter says the peak construction and mining union should be deregistered and he's prioritising laws that could help make that happen.
Gold prices surged to a near six-year peak overnight after the US Federal Reserve bank signalled it was ready to cut interest rates as early as next month to boost growth, triggering a sharp fall in the US dollar.
Oil soared more than five per cent overnight after Iran's army shot down a US military drone, raising fears of a military confrontation between the two countries.
Neometals will be considering India as the location to build a lithium hydroxide refinery, but previously announced plans for the project to be built in Kalgoorlie will remain as an option.
Lynas Corporation chief executive Amanda Lacaze says the company is around two months away from deciding on a Western Australian site to expand its processing operations.
Canning Bridge IGA owner Greg Brindle’s efforts to overturn the approval of a $60 million Woolworths-anchored retail development in Mount Pleasant have been knocked back for a second time by the Supreme Court of Western Australia.
