The Australian sharemarket has closed slightly weaker as investors weighed up recent weak economic data out of the United States and China and as Australia's central bank left the cash rate unchang
Brisbane-based contractor Watpac has secured a $35 million addition to its existing $289 million mining services contract with BC Iron at its Nullagine iron ore joint venture in the Pilbara.
Mutiny Gold looks set to forge ahead with developing its Deflector deposit in the mid-west following positive results from a bankable feasibility study.
High wage demands, according to two senior Australian Government ministers are bad for the economy, but high taxes in the form of the carbon and mining tax, are not.
Treasurer Wayne Swan says the eurozone's latest jobless figures highlight the deep-seated challenges facing the region, despite some progress in resolving its debt crisis.
Decmil Group has won a new contract under its framework agreement with Rio Tinto, securing a $30 million construction deal at the mining giant's Marandoo mine in the Pilbara.
Woodside Petroleum says it has received the all-clear to sell part of its stake in the Browse gas project to Japan's Mitsubishi Corporation and Mitsui & Co.
US stocks have finished mixed after news that manufacturing contracted for the first time in almost three years in June, raising concerns about a key pillar of the US economic recovery.
Perth-based gold miner Resolute Mining says it will go ahead with a $241 million expansion of its Syama gold mine in Mali, after its board of directors approved the development.
Engineering and construction contractor Monadelphous has taken a 10 per cent stake in a joint venture partner, waste management services company Anaeco.
Tony Sage's Cape Lambert Resources has become lithium miner Global Strategic Metals' cornerstone investor, subscribing for a 19.8 per cent interest in the Perth-based exploration company.
Mining and materials group OneSteel has officially kissed goodbye to its name and said it is on track to deliver a positive earnings result for its steel operations.
Perth-based Automotive Holdings Group has sold five dealership sites to officially create its property syndicate; but will invest $6 million itself to finalise the sale.
Brierty stocks are up 15 per cent on the Australian Securities Exchange, after the mining services and construction contractor announced a higher-than-expected profit guidance for this financial ye
The cities of Greater Geraldton and Mandurah will use multimillion dollar grants from the federal government to back local infrastructure projects, as part of the plan to support housing developmen
Lend Lease shares increased by more than five per cent after the company announced that it expects to post a modest rise in operating profit for its 2011/12 financial year.
Managing the completion of road, rail and port projects in the resources sector is critical to Australia retaining its share of the commodity exports market, a government report says.
A leading business lobby group has dismissed as a marketing exercise, a statement signed by hundreds of businesses backing the federal government's carbon tax.
Incitec Pivot has appointed Paul Brasher as chairman of the fertiliser and explosives maker.Mr Brasher, a former chairman of accounting firm PwC, replaces John Watson in the top role.
Hopes of a $1.65 billion takeover deal for David Jones have been dashed, with the mystery British private equity group behind the proposal making a quick retreat.
Interest rates cuts are having a positive effect on the housing market, new research says, with median home values rising across nearly all capital cities, including a 2 per cent jump in Perth.
Altona Mining has commenced discussions with Xstrata over the price of a 51 per cent interest in the Roseby copper project near Mt Isa in Queensland, after the international mining giant exercised
