Latest Headlines

Perth based copper explorer Avanco Resources has finalised a deal with global resources funds management giant BlackRock, which will provide $US12 million to fund development of the Antas North site in Brazil.

Mining services company Boart Longyear has said the fall in demand for its products may be over, but warned analysts are over-estimating what the company will earn in 2014.

UPDATE: The state government says it will not consider privatising low-deposit home loan scheme Keystart, despite the recommendation to do so by the Economic Regulation Authority.

Kalgoorlie-based MacPhersons Resources has announced a new share placement to raise up $10.4 million to fund a bankable feasibility study on its Nimbus silver project.

Gold and copper explorer Silver Lake Resources has reached agreement with Newcrest Mining for acquisition of its share of the Mount Monger joint venture for around $1.5 million.

The state government has put out the call for builders to construct the $100 million train station for the new Perth Stadium.

The federal government has today released draft reforms to its employment services model, including changes to work for the dole and $5.1 billion of spending over three years to deliver the programs.

West Kimberley pastoralists have been promised $15.5 million in state funding to help the region become a major beef supplier to China and south-east Asia.

Education provider Navitas's full year profit has fallen 31 per cent after writedowns to its university division overshadowed stronger revenues.

The Australian share market has opened lower after US markets fell on disappointing company earnings reports.

Gold prices have rebounded as investors step in to scoop up the metal amid conflicts in Ukraine and the Middle East.

The Australian dollar has drifted back below 94 US cents as the greenback strengthens on dwindling risk appetite.

Mixed corporate earnings produced varied results on Wall Street this week, resulting in gains for the Nasdaq, losses for the Dow and a nearly flat S&P 500.

Mermaid Marine Australia's Dampier Supply Base workers are planning strike action, amid ongoing negotiations regarding pay rates and job security.

The former Clarkson Retravision store, which has been earmarked to become a First Choice Liquor outlet, has sold at auction for $5.4 million.

Retail veteran Solomon Lew has accepted a $210 million offer for his stake in Country Road, ending his long standoff with the new owner of David Jones.

An application has been lodged with the City of Perth to amend the design of the office component of the much-awaited Capital Square development, the latest sign of progress at the old Emu Brewery site.

Great Western Exploration has announced the appointment of Terry Grammer to its board as a non-executive director.

The Australian share market has closed flat, with some investors booking profits, after a seven-day run of gains.

There aren't many places in Western Australia that live up to the superlatives in tourism brochures, but touring the Gibb River Road is one experience that comes close.

In this week's edition of Business News Background, head of content Mark Pownall and journalist Dan W

Shares in Amcom Telecommunications have risen 4 per cent following the announcement of the company's largest-ever unified communications contract.

Sundance Resources has taken a step toward production at its Nabeba iron ore project after signing an agreement with the government of the Republic of Congo and Congo Iron.

There's plenty of industry confidence in the growth in apartment living, despite some concerns about the short-term outlook.

Despite fresh conflict in the Middle East, Woodside Petroleum would love to have been involved in the Leviathan project off Israel.

Australian goldminer Kingsgate Consolidated has notched up a record annual production result as it adapts to volatile operating conditions.

The final piece of the Beaufort Street bus priority plan has been put in place with the opening of a $1 million peak-period bus-only lane between Walcott and Bulwer streets.

Fremantle-based Carnegie Wave Energy has partnered with the University of Adelaide on a $1.8 million project to research and develop control strategies for wave energy converters.

The Australian sharemarket has opened flat following a mixed session on Wall Street.

Pressure is mounting for WA Liberals to lead the way on GST reform.

Former Newmont Mining Australian exploration director Lynda Daley has been appointed managing director of gold, base metals and nickel explorer Sipa Resources.

Wall Street stocks have finished little changed with the S&P 500 inching to a new record following mixed US economic data and a flood of corporate earnings.