Wall Street stocks have finished lower after the US Federal Reserve ended its quantitative easing stimulus program, but said it would continue to keep its benchmark interest rate low.
Unlike 2013 when reported sales increased steadily across October, activity in 2014 remains volatile with house sales up again this week by 11% to 619 but below the reported 635 a fortnight ago.
Atlas Iron has shrugged off concerns about current market conditions and its thin margins, using its annual general meeting yesterday to remind shareholders of its development track record in an intensely competitive environment as proof it is a survivor committed to doing what it takes.
World oil prices have rallied after a smaller-than-expected increase in US crude inventories and the OPEC chief's comments that recent price falls are unjustifed.
Gold prices have extended their losses in electronic trading Wednesday, after the Federal Reserve said it would end its bond-purchase program and modestly upgraded its view on the job market.
The City of Geraldton has sold an 8.8-hectare parcel of land for $880,000 to Tersum Energy which expects to spend between $60 million and $80 million to build a 30-megawatt gas fired power station, and is in ongoing negotiations for offtake power.
Melbourne-based gold miner St Barbara has announced plans to appoint former Gindalbie Metals managing director Tim Netscher as chairman, as part of its ongoing board renewal.
The owner of South Perth’s Metro Hotel is going ahead with a 53-room expansion, despite a softening in demand for Perth hotel rooms, with Cooper & Oxley signed to carry out construction.
White Star Resources has gained backing from Perth businessmen Rod Jones and Brent Stewart, who plan to invest in a $4 million capital raising to support the acquisition of Spookfish and Geospatial Investments.
Gold prices have closed nearly unchanged as investors cautiously await the outcome of the Federal Reserve's policy-setting meeting, while palladium futures rise on hopes of improved industrial demand.
Rules are costing Western Australians $37 billion every year and an average of eight hours a week complying with self-imposed red tape, a new Deloitte report has found.
Buxton Resources has appointed former Fortescue Metals Group exploration and evaluation director Eamon Hannon as its new chief executive officer, as Anthony Maslin steps down as managing director.
Liberty Resources has announced its intention to exit the mining industry by entering into an option agreement to acquire local IT firm Cirrus Networks for an undisclosed amount.
Expansion of Western Australia’s retail space is not keeping up with the state’s population growth, falling short by around 200,000 square metres, according to a new survey by the Property Council
Gold miner Doray Minerals is hoping for a market re-rating after announcing a scrip takeover of Mutiny Gold today, but its goal of becoming a two-mine mid-tier producer failed to impress the market.
