Gold has fallen to a five-year low, pressured by a strong US dollar and expectations for a US interest rate rise this year, and as China buys less than expected over the past six years.
The private equity group seeking control of Mungana Goldmines has lifted its takeover bid to 17 cents per share, above recent trading levels but below the valuations of the company's independent expert.
RNI shareholders lodged a big protest today, with many voting against resolutions at a general meeting, which was held three days after the debt-laden gold company extended the timing of its $25 million entitlements offer for a second time.
Indonesia's decision to slash the import quota for Australian beef cattle to 50,000 for the third quarter has little to do with the tense relationship between the two countries.
The development of the Ord River region in the state's far north will be significantly affected by the tender process for 5,000 hectares of land released by the state government last week.
HHG Legal Group has expanded its regional network, acquiring a practice in Mandurah to add to its offices in Albany and Mt Barker, and its main operation in West Perth.
The first step towards a $750 million redevelopment at AMP Capital's Garden City Booragoon shopping centre has been made, with the institutional giant's joint venture partner, TRG Properties, apply
Gold fell to an eight month low after the US Federal Reserve's reiteration that interest rates were likely to rise this year pushed the US dollar index to a seven week high.
Small and medium-sized businesses in regional areas might need to look to non-bank lending pathways to secure finance, particularly if they are lacking in assets, according to a report to be released today by the Regional Australia Institute.
The Australian share market has closed higher, with a collective sigh of relief from investors after the Greek parliament approved that nation's bail-out conditions.
Perth contractor Otoc has flagged a likely loss for the 2015 financial year after disclosing that impairment, restructuring and acquisition costs of about $10 million would outweigh its operating profit.
Bradken has sold its Bassendean engineering facility to Sydney property group Charter Hall in an off-market sale and leaseback deal worth about $32.8 million, while the Champion Drive Shopping Centre in Seville Grove has been sold for $13.5 million.
GR Engineering Services has been awarded another contract at Sirius Resources' Nova nickel project, bringing the value of its workbook at the project to $126 million.
Australia is likely to emerge as the clear leader in global lithium production after Perth companies Neometals and Mineral Resources today announced an offtake and funding agreement with a Chinese producer for the planned Mt Marion mine.
Local miner Poseidon Nickel has put its Lake Johnston operation near Norseman on care and maintenance, reduced its staff and cut board member salaries as it awaits improvements in the nickel price.
Adelaide-based York Civil has been selected to carry out $24.2 million in upgrades to Broome's wharf, while expressions of interest will soon be called for a new $70.7 million marine control tower in Port Hedland.
