New York oil prices have been lifted by a report suggesting the US is easing a ban on crude exports even as inventory data suggested mixed energy demand in America.
US stocks have finished higher despite a US Commerce Department report that showed first-quarter economic activity contracted much more than previously thought.
Gold prices have risen after data showing the US economy contracted more than expected in the first quarter cut short a bout of profit-taking in the precious metal.
Clive Palmer has proved himself to be a political maverick, and it’s likely his party’s new senators could prove equally as difficult for the Abbott government to deal with
Pankaj Oswal has lost a bid to delay a $500 million lawsuit in which he is suing Apache Corporation over damages related to the cost overrun on the development of Burrup Fertilisers’ ammonia plant in the Pilbara.
Sino Gas & Energy Holdings has signed a term sheet with Macquarie Bank for a US$50 million loan, which will be used to support its joint venture entity’s working interests in the Linxing and Sanjiaobei production sharing contracts at the Ordos Basin in China.
Rail operator Aurizon has written off $19 million it has spent trying to develop an infrastructure solution for iron ore producers in the East Pilbara, including Atlas Iron and Brockman Resources.
Baosteel and Aurizon are set to take control of Aquila Resources after another major shareholder threw their support behind the $1.4 billion takeover deal.
Mining and energy sector exports are forecast to rise by just 2.6 per cent in 2014-15, with weakness in coking coal and iron ore prices offsetting strong growth in export volumes for most commodities.
Auditor general Colin Murphy tabled a report in parliament today that showed that while the royalties for regions program had provided substantial infrastructure and services to regional Western Australia, it is still unclear whether they are delivering their intended outcomes.
BGC's residential division is making its first foray into the eastern states, teaming up with one of Australia's largest home builders to address the nation's housing affordability crisis.
Gold producer Northern Star Resources said today it expects to lift 2015 production to 600,000 ounces, at the top end of its guidance range, after it more than doubled the resource at its Pegasus deposit at the Kundana mine.
More than 4,100 Western Australians will take part in the federal and state government versions of disability care, which will run in conjunction from next week.
From Irish backpacker to managing a national construction services business in just six years, 30 year old Declan White’s Monford Group was named the 2014 Telstra Western Australia business of the year.
The Aboriginal community that was at the centre of a major land rights dispute, sparked by oil exploration at a remote Kimberley cattle station in the early 1980s, has announced its support for a gas 'fracking' program planned by Perth company Buru Energy.
Gold prices have extended their two-month high as sustained worries about instability in the Middle East and dovish remarks from England's central bank prompt investors to buy the precious metal.
Cradle Resources has tapped the investors to raise $3.6 million, while also receiving the first $US5 million tranche of payment as part of its divestment of a 50 per cent stake in its Panda Hill niobium project in Tanzania to Tremont Investments.
I tend to think of competition policy a bit like defence: it requires eternal vigilance and strong proponents. There will always be those with a large interest in its absence, to the detriment of the many.
