FEATURE: If the adage ‘three strikes and you're out' applied to the gold mining industry, the curtains would already have been drawn; but some determined locals are fighting on.
Graphite explorer Uranex has signed a memorandum of understanding for an off-take agreement with the China-based Sinosteel Liaoning and Dalian InterContinental New Materials Corporation joint venture.
Engineering and project services firm Clough says its AMEC joint venture has been awarded a $70 million contract for Arrow Energy's Bowen gas project in Queensland.
The Australian stock market has started the week on a flat note, with another fall in the iron ore price and concerns about Scotland's upcoming independence vote offsetting a positive lead from the US.
Charter Hall Group and hospitality industry super fund Hostplus have acquired 54 pubs and liquor stores from ALH Group, including the Hyde Park Hotel and the Dunsborough Tavern among several from Western Australia, in a sale and lease-back deal worth more than $600 million.
Gold prices edged higher Friday after data showed the US economy created fewer jobs than expected in August, easing fears that the Federal Reserve may raise rates sooner than expected.
The S&P 500 has jumped to a fresh record after investors concluded that a disappointing August jobs report would discourage the US Federal Reserve from quickly raising interest rates.
Speculation is mounting that Apache Energy is set to spin-out its Western Australian assets into a separate entity, with Macquarie Capital Advisers appointed to act on its behalf.
Copper-gold explorer AusAmerican Mining is set to add an operating copper-lead-zinc mine and a major copper development project in the Republic of Congo to its portfolio of assets, with the transaction worth $US49 million.
Ausdrill managing director Ron Sayers has been discharged from the Supreme Court today after the jury failed to reach a unanimous verdict on tax evasion charges against himself and former Barminco boss Peter Bartlett – for the second time.
Perth-based coal miner Ascot Resources has received commitments from global commodity trader Gunvor Group for a $5 million equity capital investment in its $11.2 million raising.
Investment banking group Azure Capital has added to the state's small funds management sector by offering an Asian-focused hedge fund run by an experienced operator drawn to Perth for family reasons.
Toronto-based design and engineering services provider WSP Global has bought Balfour Beatty's New York-based professional services subsidiary, Parsons Brinkerhoff, for $1.45 billion.
US stocks have closed lower despite an early boost from the European Central Bank's move to further cut interest rates and launch an asset-purchase plan to beat back deflation pressures.
Oil prices have fallen amid volatile trading, as NATO chiefs met over the Ukraine crisis and the European Central Bank announced more rate cuts to boost the eurozone economy.
