Lower write-downs have helped Atlas Iron post a full-year net loss to $159 million, as the junior miner seeks to stay afloat amid weaker iron ore prices.
Local businesswoman Sharon Warburton has resigned from the board of live cattle exporter Wellard, which has missed its prospectus forecasts on revenue, profit and margins to book a $23.3 million net loss.
The Australian share market has opened lower, hurt by losses across the board following a disappointing session on Wall Street and a rally in the US dollar.
US stocks slipped after strong US economic data stoked concerns about the impact of a potential Federal Reserve interest rate hike this year and a drop in technology shares, while European stocks and the dollar hit multi-week highs.
Oil prices have fallen, with Brent losing nearly two per cent, as the US dollar rallied and glut worries grew amid forecasts for higher US crude stockpiles and Iran's remark that it was on target to reach peak production.
Gold has fallen to a six-week low after Federal Reserve officials sounded a hawkish note on interest rates, boosting the US dollar, while attention turned to US payrolls data this week for further clues on the pace of rate hikes.
More checks on banksThe Turnbull government is contemplating further curbs on the banks in a bid to head off attempts by Labor to woo dissenting Coalition MPs into support
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ASX-listed resources hopeful Lithium Australia has scored a $50,000 commercialisation grant from the federal government for a process the company has developed to process lithium.
Venture capitalist Anthony Grist has raised almost $10 million joining fellow board member and his private investment partner James Spenceley in selling down stakes in Vocus Communications to focus on the next generation of investments.
The Australian share market lost steam throughout the afternoon session to close slightly higher as gains in health care, resource and banking stocks offset losses in Woolworths and Telstra.
Local gold and lithium explorer Berkut Minerals has enjoyed steady gains on its first day of trading on the ASX after completing a $3.5 million initial public offering.
IT might not feel like it, but there are early signs of boom conditions forming in some parts of the state's mining industry, with two sectors in particular benefiting from events in the markets for commodities, labour, and capital equipment.
Mining giant BHP Billiton says it was not aware that the tailings dam at its Samarco joint venture in Brazil was at risk of collapsing, despite a series of efforts over years to fix its structural defects.
Building products maker Brickworks has confirmed it will close its Malaga manufacturing facility and showroom in the face of the decline in residential building activity in Western Australia.
Gage Roads Brewing Company will tap the market for $10.1 million to buy back Woolworths' stake in the Palmyra-based brewer, capping off a busy 12 months where it created Australia's best beer while also returning to profitability.
Copper and gold miner Sandfire Resources has posted a softer profit result for the 2016 financial year on the back of lower copper prices, but was upbeat on the year ahead.
Slater & Gordon shares dropped nearly 18 per cent after the embattled law firm announced a $1.02 billion full-year loss and the continued underperformance of its troubled UK business.
Gold has rebounded from a near-five-week low as the US dollar dropped, shrugging off earlier pressure by top Federal Reserve officials' comments fuelling speculation that US interest rates would rise sooner rather than later.
Mining bust blamed for truck crashMcAleese chief executive Mark Rowsthorn has blamed the resources slump for the collapse of the beleaguered transport gro
A Chinese company with a majority stake in world's largest hard rock lithium mine will seek development assessment panel approval on Wednesday for a $300 million processing facility in Kwinana.
Western Australian farmers have plenty of reason for optimism despite poor rainfall and lower yields during the 2015 season, according to Bankwest's annual Benchmarks report.
