China's next targets: rail, roads, ports; Receivers poised as lender moves on vanadium miner; Rio to Rudd: jobs in danger; $646m loss changes landscape for Mirvac; Aboriginal jobs scheme mired in bureaucracy: Forrest
Stirling Resources has expanded its resources investments with a $4.8 million investment in the assets of collapsed mineral sands miner, Matilda Minerals.
A scoping study into Scotgold Resources' Cononish gold and silver project in the United Kingdom has confirmed the economic potential of the operation, which has estimated capital costs of $27 million.
Atlas Iron says it has the opportunity to defer $20 million in mine establishment costs after it entered into a deal to access infrastructure that can support its Abydos iron ore project in the Pilbara.
Analysts at Hartleys have lowered its full year net profit forecast for Imdex but retained its Buy recommendation on the back of strong potential growth opportunities for the mining services company.
Monadelphous Group says it will accelerate efforts to expand further into the oil and gas and infrastructure markets amid the slowing minerals sector, as it posts a record interim net profit.
OZ Minerals agrees $2.6bn Chinese bid; Watchdog slams power merger; Wary Wesfarmers sees glimmer of hope for Coles; Windimurra on the brink as directors quit; Tax hike to fund dental care plan
Wesfarmers has confirmed a sharp downturn in earnings in two of its Perth-based business units, with the energy and chemicals & fertilizer divisions both adversely affected by last year's Varanus Island gas explosion.
Cost-cutting measures have reached new heights with Osborne Park-based Northern Mining going to extremes to reduce the company's overheads and its ongoing operating costs in light of the current economic environment.
Nickel miner Western Areas is seeking to finalise a new offtake arrangement after announcing a major restructure of its old offtake agreement with Norilsk Nickel, which is closing its Australian mining operations.
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global economic crisis but as expected its earnings per share have slumped.
Perth-based car retailer and logistics company Automotive Holdings Group has posted a $1.8 million loss for the half-year to December 2008, as a result of a modest decline in operating profit combined with impairments and write-downs.
Fisheries Minister Norman Moore has imposed further conditions on the rock lobster industry after his initial raft of measures failed to achieve the necessary results.
Thundelarra Exploration plans to raise up to $2.7 million through a renounceable rights issue with funds raised to progress the evaluation of its suite of projects across Australia.
The corporate watchdog has banned Perth stockbroker Colin Hebbard from providing financial services for five years after he passed on inside information regarding a possible takeover while working for Citi Smith Barney .
Integra Mining will raise almost $14 million through a share placement, with proceeds to be applied to feasibility studies and exploration at its Randalls and Aldiss-Randalls projects.
A German-based company will invest a further $49 million in waste recycling company CMA Corporation through a private placement, with shares priced at a generous premium.
Uranium miner Paladin Energy will move to compulsorily acquire the remaining shares it does not own in Fusion Resources, after its takeover offer for the minnow closed yesterday.
Laws to change for $30bn Rio deal; Crisis talks try to save Rudd's $42bn rescue bid; Leighton profit off 56pc but firms on Macmahon; China Inc move to send shudder through ore negotiators; Suncorp expecting $180m bill
Property developer and manager United Overseas Australia has revised up its earnings guidance for the 2008 calendar year, expecting profit to be $44 million.
The current economic climate has prompted more high net worth individuals to consider directly managing their investable funds rather than using an advisor, new research shows.
Payment of a minimum salary and return travel costs for spouses are some of the draft regulations released by the federal government today for employers of subclass 457 visa workers.
Chalice Gold Mines has received the final $841,000 payment of the sale of its Higginsville and Chalice gold projects in the Eastern Goldfields to Avoca Resources.
Shares in Leighton Holdings have surged as much as 10 per cent today as Australia's biggest construction company reports a 56 per cent fall in first-half net profit and a $239 million write down on the value of its infrastructure investments.
Directors in Incremental Petroleum have unanimously recommended TransAtlantic Petroleum's takeover offer after securing a further increase in the cash bid.
Western Australia's January jobless rate has risen to a seven-month high but the state still holds the lowest unemployment rate in the country, new figures show.
Engineering and fabrication company Ausgroup says the short-term outlook for the business will be challenging as it reports an 11 per cent dip in its interim net profit.
Rio, Chinalco ink $US20bn deal; Arrow fires new Pure Energy bid to oust rival; CBA flags first cut in 17 years; China's trade slump fuels global fears; WA chases miners for $300m
