A joint venture between NRW Holdings and VDM Group has won a $240 million contract from CITIC Pacific for work at the port area of the Sino iron project at Cape Preston.
Moly Mines says it is looking for projects with cash-flow potential to ease its debt pressures as a six-month deadline for a $US150 million ($A206 million) loan looms.
Engine technology group Orbital Corporation has entered a $2.4 million deal with a Chinese business to jointly develop a concept engine that will improve fuel economy.
Balcatta-based Videlli, formerly ERG, plans to delist from the Australian stock market to better focus on its Tcard project litigation in New South Wales.
Macquarie Group has posted a 52 per cent fall in annual profit - its first decline in 17 years - as chief executive Nicholas Moore takes a hefty 99 per cent pay cut.
China Nonferrous Metal Mining Group Co (CNMC) is set to gain control of Lynas Corporation, which holds a rare earths project in Western Australia, after striking a $505 million deal.
Banks ordered to pay $1.6bn in compensation; Macquarie set to raise $1.2bn; Alumina to tap investors for $1bn to ease debt risk; Turnbull sees red on Rudd China policy; Swan reveals $50bn budget revenue hit
Fortescue takes axe to $400m in costs; ANZ slumps on rising bad debt; Low rates boost WA housing market; Turnbull sets new ETS plan; Lower costs help nickel miners lift earnings
AGGRESSIVE and often controversial managed investment scheme (MIS) operator and latterly, corporate agriculture company, Timbercorp, has succumbed to the weight of its ever-increasing mountain of debt.
LAST year's boost to the first home owners grant and cuts to interest rates have given rise to a two-tiered property market, with the first home buyer and sub-$500,000 market firing while the middle to upper end of the market languishes.
THE small business sector is missing out on the benefits of lower interest rates, with higher risk margins on business loans outweighing the fall in rates, new research has found.
MADDINGTON-BASED Coote Industrial and associated company Greentrains have negotiated related fund raising deals worth $8 million with Victorian Caterpillar dealer Dale Elphinstone.
IF there's any upside to the current housing slump it would have to be the easing of several boom time pressures, such as labour shortages, input costs and time blowouts.
Metal recycling group CMA Corporation says it will have improved access to world investment markets as its shares start trading in the United States as American Depository Receipts.
Agribusiness and automotive components supplier Futuris Corporation will begin trading on the Australian Securities Exchange (ASX) on Thursday under the old Elders name.
Straits Resources says it expects to deliver shareholders around $94 million of the $US335 million ($A470 million) deal with Thailand's PTT International Company, which achieved financial close today.
Sundance Resources has raised nearly $11 million through a share purchase plan as talks continue with potential strategic partners for the Mbalam iron ore project.
EPA approves Karara but blocks satellite pit; Fortescue had only an MOU, says witness; NAB's swinging door; Building fund hit by crisis; Death of a tycoon - Pratt loses cancer fight
West Perth-based Reed Resources has obtained an exclusive option to acquire a silver project and processing plant near Kalgoorlie from a private company for more than $2 million.
Nedlands-based Tox Free Solutions has decided to drop its acquisition of a Victorian waste management company as it revises down its earnings forecast for the 2009 financial year.
Perth-based energy group Aviva Corporation has today invited the public to comment on its environmental review documents for its Coolimba power and coal projects located near Eneabba.
Shares in Aurox Resources have surged after it received environmental approval for its Balla Balla magnetite iron ore project in the Pilbara in a move the company says will provide certainty for potential financiers.
Galaxy Resources says it is investigating several sites in China for a processing plant for its Mt Cattlin lithium and tantalum project near Ravensthorpe.
Gindalbie Metals has welcomed the Environmental Protection Authority's long awaited report on its $1.8 billion Karara project but may appeal over the exclusion of one iron ore deposit in the project area.
Fox Resources has confirmed it has undertaken a $3.4 million private placement with funds to drive exploration across the company's nickel and copper projects.
Million to face the dole queue; Clarke quits AMP's board; Laws force scrutiny of ability to repay loans; ASIC leniency for business failure; Allco crash blot dogs Eddington
