Mining giant Rio Tinto expects to sign an agreement to push ahead with the troubled $US20 billion ($A21.64 billion) Simandou iron ore project in Guinea.
Oil prices moved modestly higher as the market found support from US gasoline demand hopes ahead of the looming summer-holiday driving season and the ongoing Ukraine crisis.
Karoon Gas has farmed out a 50 per cent stake in an oil and gas exploration permit in the Carnarvon Basin to Apache Corporation for an initial cost of $US9 million.
The Environmental Protection Authority has commenced a new assessment of the proposed LNG gas hub near Broome, as speculation over development of the offshore Browse Basin gas fields increases.
Alliance Aviation Services has won a contract to supply charter flights for BHP Billiton Iron Ore's fly-in fly-out workers, bumping rival operator Cobham Aviation.
In this week's edition of Business News Background, head of content Mark Pownall and news editor Mark Beyer discuss the federal budget's impact on business, floating LNG, Euroz, Northern Star Resources, law firms and Hard Rock Cafe.
Perth financial planners and former Test cricketers John "Sam" Gannon and Craig Serjeant are set to be two of the big winners from a $670 million takeover deal that will create Australia's third largest wealth manager.
The board of food producer Goodman Fielder has unanimously recommended shareholders accept a sweetened $1.37 billion dollar takeover offer from two Asian firms.
The Clough AMEC joint venture has been awarded a $20 million engineering, procurement and construction contract at Arrow Energy's Daandine coal seam gas expansion project in Queensland's Surat basin.
Global oil and gas services company ASCO Group has added another string to its bow with the $28 million purchase of a majority stake in logistics provider Bonnie Rock Transport.
West Perth-based explorer Avanco Resources has raised $23 million through a share placement as it works towards development of its Antas and Pedra Branca copper projects in Brazil.
Property developer and builder Pindan has rebranded its funds management arm, OTAN Property Funds Management, which will now be known as Pindan Capital.
Ratings agency Moody's expects the Australian mining sector to continue to benefit from strong Chinese demand, despite slowing growth in the world's second largest economy.
The federal government has failed to give enough consideration to the economic and domestic gas supply implications of floating LNG technology (FLNG), a Western Australian parliamentary inquiry has found.
It may not be a feeding frenzy, yet, but the flood of deals in the Australian mining industry is a pointer to a significant and very positive mood swing.
St John of God Health Care is on the way to becoming Western Australia's largest private hospital group, despite rival operator Ramsay Health Care recently starting another expansion of its own.
