Copper miner OZ Minerals has launched a $444 million takeover bid for Avanco Resources, sending shares in the Subiaco-based ASX-listed exploration company soaring.
Fortescue Metals Group has cut the amount it expects to receive for its iron ore shipments this year, saying slow Chinese construction and the recent Trump-inspired trade war fears are weighing on forecasts.
US stocks have risen across the board as fears about a trade war between the US and China eased following reports that the two countries were willing to negotiate tariffs and trade imbalances.
Gold prices rose to more than five-week highs on Monday after the United States said it would expel 60 Russian diplomats, prompting investor flight into assets considered safe havens.
SPECIAL REPORT: An eclectic mix of corporate heavyweights, private philanthropists and innovative disruptors have helped to shape the state's arts sector.
The 2018 Hawaiian Ride for Youth continues to be one of the state's most successful fundraisers, raising $2.2 million for mental health prevention with 170 riders.
Gold miners were the one bright spot today as Australian shares fell back to levels not seen since mid-October, with almost every other sector in negative territory as worries of a protectionist trade war continue to weigh down global markets.
Boss Resources has raised $8 million through a share placement and will use the proceeds to advance a definitive feasibility study at the company's Honeymoon uranium project in South Australia.
SPECIAL REPORT: Our annual analysis of the state's movers and shakers shows that sometimes the best examples of influence are demonstrated not by what change an influencer starts, but rather what they can stop.
SPECIAL REPORT: Rita Saffioti is stamping her mark on the transport, lands and planning portfolios she took on last March, initiating a number of major reviews and appointing several industry figures to key roles.
Aspiring copper miner Altona Mining is one step closer to a $93 million merger with Canada-based Copper Mountain Mining after Altona shareholders approved the scheme of arrangement today.
Japanese group Mitsui & Co has announced it will not extend the deadline on its $602 million takeover offer for AWE and confirmed its offer price of 95 cents per share is final.
Telstra is being taken to court by the consumer watchdog, and is facing fines of up to $10 million and user refunds of $5 million after the telco allegedly charged its own customers unawares through a third-party billing service.
Graphex Mining is pleased to advise that it has received subscriptions to purchase 8,750,000 fully paid ordinary shares at $0.28 cents per share to raise $2.45 million through a placement to profes
Peru-focused Titan Minerals has announced plans to acquire West Perth-based Andina Resources, which owns a number of assets in close proximity to Titan, in a scrip deal worth approximately $19 million.
A 35-metre seadragon has taken shape across grain silos in Albany, the fourth instalment in a series of murals across regional towns by arts group FORM and grain handler CBH Group.
Incoming chief executive Matt Comyn has already started his overhaul of the Commonwealth Bank's leadership team, with three senior executives set to depart.
Australian shares have started the day lower, following a plunge in industrial metal prices and US stocks amid ongoing concerns of a possible trade war between the US and China.
The Australian dollar is back where it finished the local session on Friday, managing to hold its ground despite falls in base metals prices and US stocks.
Crude prices on Friday hit their highest level since late January after the Saudi energy minister said OPEC and allied producers would need to keep coordinating supply cuts into 2019, and as concer
Three months after the Metropolitan Redevelopment Authority rejected its $450 million Iconic Scarborough proposal, developer 3 Oceans Property has emerged with a set of revised plans that feature slimmer towers and a renewed focus on tourism.
Australian shares have plunged to a six-week low after fears of a US-China trade war, with Bluescope Steel and a number of local resources stocks suffering the worst impact.
Pacific Energy has strengthened its position in the remote power market by striking a deal to acquired Kewdale-based Contract Power Group for $90 million in cash and shares, adding to its existing operations through subsidiary Kalgoorlie Power Systems.
