Oil prices have risen modestly, but increased drilling activity in the United States and uncertainty over Libyan and Nigerian production cuts clouded the future supply outlook.
Gold prices have edged up from their lowest since mid-March in choppy trade, after nearing technical support and as traders awaited signals from central banks on interest rate rises.
SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state's top performers in financial year 2016 in Business News's annual analysis of total shareholder returns.
Subiaco-based software company K2fly has made its first acquisition since listing on the ASX last year, announcing today the purchase of a local specialist data collaboration company that counts the state's three biggest iron ore miners as its clients.
Exploration companies Orecorp, Cradle Resources and Graphex Mining have been pummelled on the ASX as the market continues to react to changes to mining and exporting laws in Tanzania.
The proposed $11 billion merger between wagering giant Tabcorp and lotteries and wagering firm Tatts Group is set for more scrutiny - this time by the Federal Court.
Kidman Resources has successfully fended off Marindi Metals' claims of rights to the Mt Holland lithium project near Southern Cross, after a Supreme Court verdict was handed down last week.
Poseidon Nickel and Aphrodite Gold have agreed to form a jointly-owned company to own Poseidon's processing facilities at its Black Swan nickel operation and Aphrodite's nearby gold tenements.
Neometals will hold on to its minority stake in the Mt Marion lithium mine after failing to find a buyer, and plans to spin-out its technology and titanium assets into a new company.
The Australian share market is higher, led by the major banks, after a positive lead from Wall Street which was boosted by a better-than-expected US jobs report.
PM wins steel deal from TrumpAustralian steel and aluminium are set to be exempt from harsh US import tariffs after Malcolm Turnbull and Finance Minister Mathias Corman
Oil prices have settled nearly three per cent lower as rising US production as OPEC exports hit a 2017 high cast doubt over efforts by producers to curb global oversupply.
Gold has fallen to the lowest in nearly four months after stronger than expected United States jobs data increased the likelihood of another US interest rate increase and the US dollar rose.
The Australian share market fell on Friday, erasing its gains for the week as investors worried that central banks are about to wind back economic stimulus measures.
Shares in Tanzania-focused mining and exploration companies were hit again today after they revealed the full slate of planned legislative changes in the African nation, which include the Tanzanian government giving itself the right to get a 16 per cent stake in mining companies for no cost.
The corporate watchdog has made an example out of Kwickie Investments – which is run by the founder of failed music streaming service Guvera – over the misuse of the ‘sophisticated investor' status.
Brookfield Property Partners' 52-storey plan for Elizabeth Quay has been endorsed by the City of Perth, ahead of any formal assessment by the Metropolitan Redevelopment Authority.
The South Australian government has awarded Elon Musk's Tesla the contract to build the world's largest lithium ion battery to supply the state with renewable energy, outbidding local company Carnegie Clean Energy.
In this Business News podcast Mark Pownall and Mark Beyer discuss Paladin's collapse, Fastbrick Robotics, Peet and Perron Group, indigenous contracting and this year's Total Shareholder Return survey.
Mining contractor Barminco will continue providing its services to Western Areas' Flying Fox and Spotted Quoll nickel mines under a $236 million contract extension.
The competition watchdog is examining whether a Lachlan Murdoch-Bruce Gordon takeover of Ten Network Holdings will impact the television programming, sports broadcasting and advertising industries.
The Australian share market has started the day lower, as investors follow the lead from Wall Street, where indices ended lower after disappointing data and rising tensions in the Korean peninsula.
Arrium buyer reveals $1b spend on steelworksThe British buyers of the Arrium assets including the Whyalla steelworks intend to spend about $1 billion on the steel plant
The Australian dollar is down against its US counterpart, back below 76 US cents even though the greenback has also fallen after a round of weaker-than-expected US employment data.
Oil futures have settled up slightly, but well off session highs, after a sharp but short-lived boost from a much bigger-than-expected decline in US inventories of crude oil and petrol.
Gold has eased but hovers above the previous session's two-month low as weaker-than-expected private sector payrolls data fed into a more cautious view on the pace of US interest rate hikes this year and Treasury yields firmed.
