Oil prices have fallen, following most US stock markets lower, on concerns about global economic weakness, forecasts for record US shale production and declining US gasoline prices.
US stocks have risen as strong earnings from IBM, United Technologies and Procter & Gamble led a rebound for Wall Street from its second biggest decline in 2019.
The descendants of iron ore pioneer Peter Wright have received total dividends of $702 million over the past three years, according to recently lodged financial statements that also reveal the big legal expenses they have paid.
Northern Star Resources' full-year production guidance remains unchanged at a healthy 850,000-900,000 ounces, but its shares slumped today after it flagged a lift in all-in sustaining cost guidance.
The Australian Securities and Investments Commission has appointed Morgan Stanley Wealth Management to sell approximately 12 million ordinary shares in Tribune Resources.
Swift Networks has posted a strong performance update for the second half of last year, with its founders set to receive around $5 million in additional shares.
About 5,000 exploration, tenure and mining approvals were sitting in the Department of Mines, Industry Regulation And Safety's pipeline at the end of the September quarter last year, according to the department's latest approvals performance data.
Shares in Fenix Resources were up by as much as 150 per cent today before falling at the close of trade, after the company announced it had intersected substantial high-grade iron ore via a drilling program at its flasgship Iron Ridge project, located in the Murchison region.
A tech business that supports power provision in rural areas and a company developing a laser robot to remove damaged tissue and bones have won a combined $1.7 million of federal Accelerating Commercialisation grants.
Lithium miner Galaxy Resources has flagged a strong increase in its estimate of reserves and resource at its Mt Cattlin Project, located two kilometres north of Ravensthorpe, following its latest drilling activities.
Shadow treasurer Chris Bowen has said he is concerned about risks to Australia from the slowing world economy, so Labor must implement all its $200 billion-plus in pledged tax rises to arm the federal government with a bigger fiscal ‘‘buffer'' to counteract any global downturn.
Oil prices dropped about two per cent overnight due to concerns the world's stumbling economy could pinch fuel demand as US shale fields surge and cuts by Russia come in below expectations.
Gold held firm overnight, propped by interest from investors seeking refuge from concerns over slowing global growth, while gains for the metal were limited as the dollar held near a multi-week peak.
US stocks have ended lower, snapping a four-session rally, as a gloomy global economic growth outlook, trade concerns and disappointing company forecasts dampened sentiment.
The Australian stock market has closed lower for the first time in six days dragged heavily by financials, but remains on a six-year high comparatively for January.
Opinion: Upheaval in a key fishing resource highlights how policymakers need to build flexibility into their approach to regulating industries from the start.
Big donations to three philanthropic trusts in Western Australia augur well for future charitable donations, although the state's wealthiest person, Gina Rinehart, has bucked the trend.
Sheffield Resources has signed a deal with Woodside Petroleum and Energy Developments for the supply of liquified natural gas to the Thunderbird mineral sands project in the Kimberley.
BHP Group has highlighted a $US600 million (approximately $840 million) fall in earnings due to production disruptions at its Australian and Chile operations.
Perth's Agristart accelerator program has won $485,000 of federal government funding to run three startup incubation programs in regional Western Australia, in Northam, Albany and Busselton.
Finbar Group's new $330 million Civic Heart in South Perth will comprise two towers at 39 and 22 storeys, with the state government giving its tick to planning guideline changes for the site.
