Latest Headlines

Iluka Resources looks set to snare Irish company Kenmare Resources after proposing a scrip takeover offer valued at $363 million.

The competition watchdog has decided against pursuing Fortescue Metals Group chairman Andrew Forrest over comments he made at a business dinner last month, in which he called on iron ore producers to cap production.

The Australian share market has closed lower as the dollar rises and the chances of a May interest rate cut fall.

Global miner Newmont Mining is likely to sharpen its focus on its Western Australian operations, selling off its Waihi gold mine in New Zealand to OceanaGold Corporation for $US106 million and a 1

Executives of oil and gas producer Santos have narrowly avoided a first strike by investors protesting against their salaries as its shares and the oil price fall.

Moore Stephens will become the 11th largest accounting firm in Western Australia after striking a merger agreement with the Perth office of UHY Haines Norton.

Can interest rates rise and fall at the same time? They can if you’re looking at different markets, because just as the Reserve Bank of Australia considers a fresh cut in its prime rate to try and boost the local economy, interest rates in other markets are starting to rise.

Perth-based Swick Mining Services says it made a number of redundancies to minimise costs during the March quarter and plans to make an impairment adjustment at year’s end, despite an increase in demand for underground drilling from its existing clients.

The federal government has contracted four groups in Western Australia to run a new support network designed to lift completion rates for apprentices, but has caused disquiet by excluding a major group-training organisation from the scheme.

Minerals Corporation, which in 2013 was one of the first Perth-based mining companies to attempt a backdoor listing, has announced plans to exit the resources sector by acquiring an online music competition business.

Sandfire Resources has dropped Federal Court proceedings against the research body at the centre of the Australian National University’s controversial divestment action late last year, following an admission the researchers failed to meet their own standards.

Network Ten has warned it is nearing the limits of its $200 million loan and may need to raise more money as it attempts to boost ratings and lagging advertising revenue.

Gold miner Ramelius Resources has signed an agreement to farm-in to Clancy Exploration’s Condobolin project in New South Wales.

The fate of Perth companies iiNet and Amcom Telecommunications rests with Sydney competitor TPG Telecom and its reclusive chairman David Teoh, and possibly with the competition watchdog, after a day of surprises.

The Australian share market has opened lower.

The Australian dollar has again broken past US80 cents, buoyed by weak US economic data and a Federal Reserve meeting that contained no major surprises.

Gold has extended its losses after the US Federal Reserve signalled it was taking a meeting-by-meeting approach on when to raise its interest rate for the first time since 2006.

Oil prices have moved higher, buoyed by a weaker US dollar and a slight drop in US crude inventories at the key Cushing terminal, the first in more than four months.

Mines and Petroleum Minister Bill Marmion has hailed Western Australia as a top destination for research and resources development, following the awarding of prestigious scholarships to a number of overseas students.

Wall Street stocks have finished lower on news the US economy grew just 0.2 per cent in the first quarter.

Another long weekend, another dip in sales activity.

Emeco Holdings has entered merger discussions with Queensland-based Orionstone, three weeks after the rival mining equipment supplier proposed a nil-premium merger.

Bayswater-based benchtop manufacturer Australian Countertop will not be able to pay a $120,000 fine for causing the death of a stonemason because the company is in liquidation.

A new cafe is coming to the Dunsborough foreshore, with the City of Busselton appointing Margaret River Hospitality Group to build and operate the proposed venue.

The share market has fallen nearly 2 per cent, with a rapidly rising Australian dollar and profit taking by Japan-based foreign investors believed to be responsible.

Oil and gas explorer Odin Energy has struck an agreement to acquire a local cannabis and hemp 'aggregator', making it the third WA-based listed company to explore the cannabis sector in recent months.

Shares in resources developer Mungana Goldmines have shot up 33 per cent today after an off-market takeover proposal backed by private equity group Denham Capital.

China’s expansionist intentions in the South China Sea are becoming more apparent, much to the concern of Asean nations and their allies.

Swan Taxis has targeted its Perth customers with a new app aimed at making taxi bookings more convenient.

Fortescue Metals Group is believed to have made another round of redundancies today, mainly affecting workers at its Cloudbreak mine in the Pilbara.

Corporate and financial communication firms, Citadel PR and Magnus Investor Relations, have entered into an agreement to combine their businesses to form a significant independent national player.

The company behind the reverse takeover of local cloud-based technology company Norwood Systems has raised $5.5 million in an oversubscribed share offer.