The number of people accessing the internet on their mobile phones increased by two-thirds over a 12 months period, according to fresh research from the Australian Communications and Media Authority.
Platinum Australia is seeking to raise $40 million via a placement and a rights issue to provide development and operational capital for its Smokey Hills project in South Africa.
Reed Resources has entered into an agreement with Chinese conglomerate China Nonferrous Metal Industry's Foreign Engineering and Construction (NFC) for its Barrambie Vanadium Project.
Iron ore producer BC Iron says it has secured commitments from investors for $18.4 million from a capital raising for further development of its Nullagine Iron Ore Project.
Property groups Mirvac and Lend Lease have both forecast a positive outlook for the current financial year at the companies' annual general meetings today.
Western Australia's unemployment rate rose 0.1 per cent in October to 4.7 per cent from 4.6 per cent the previous month, but is still the lowest in the nation.
Hong Kong listed Wah Nam International has launched a conditional off market takeover offer for emerging iron ore producers Brockman Resources and FerrAus valued at about $1.2 billion.
Perth-based copper miner Anvil Mining is facing a class action in Canada over an incident at its Dikulushi mine in the Democratic Republic of Congo six years ago.
Australian Securities and Investments Commission chairman Tony D'Aloisio expects lenders will review their practices and fees after the corporate watchdog released guidance on mortgage early termination fees.
ANZ has become the second major banking group to increase interest rates on housing and business loans by substantially more than the rise in official interest rates.
South Perth-based Noble Mineral Resources has received firm commitments for a $30 million placement to fund an extensive drilling campaign at its gold project in Ghana.
The Auditor General has given the state government the all clear for its handling of over $1 billion in Commonwealth stimulus funding, but some government agencies have been criticised for their reporting practices.
Home loan approvals in Western Australia bucked the national trend in September increasing 5.5 per cent compared to the national figure of 1.3 per cent.
Mirvac, Lend Lease Development and Brookfield Multiplex with Frasers Property Australia have been shortlisted to develop four hectares of riverfront land as part of the state government's $450 million Riverside project.
Gindalbie Metals says it may produce its first iron ore earlier than its targeted date of mid-2011 and is set to reap strong margins for the bulk commodity.
Total acceptances for Xstrata's takeover offer for Sphere Minerals have reached 46.55 per cent, as rival suitor Sin-Tang Development also claimed a win today.
Subiaco-based Helicon Group has reached an agreement to acquire unlisted medical device company Leading Edge Instruments which currently controls two near-market medical device technologies.
The state government says a significant milestone has been reached with the completion of the 200th regional home for government employees funded under the Royalties for Regional scheme.
The Whistling Kite, 'M on the Point' and the Sheraton have won the major prizes at the 2010 Australian Hotels Association Aon Hotel Awards for Excellence.
The chairman of Mount Gibson Iron, Neil Hamilton, is stepping down at the mining company's annual general meeting next week after a dispute with its major shareholders.
Atlantic has appointed JP Morgan Securities to help secure debt funding required by its subsidiary Midwest Vanadium to complete the construction and commissioning of the Midwest vanadium project.
Premier Colin Barnett says he has received an assurance from Royal Dutch Shell that it will not sell down its remaining 24 per cent stake in Woodside Petroleum for the foreseeable future.
Murchison Metals has dismissed reports that joint venture partner Mitsubishi Development wants to pull out of building the $4 billion Oakajee iron ore port and moved to address concerns about the structuring of the project.
Shell has announced plans to sell a 10 per cent stake in Woodside Petroleum to focus on its investments in Australia through direct interest in assets and joint ventures rather than indirect stakes.
The state government hopes to reach thousands of property investors, local authorities, retailers and hospitality professionals at the MIPIM Asia Property Conference in Hong Kong later this week.
