Gold snapped higher overnight, reboundinvg a day after the biggest selloff in 30 years amid signs that the lower prices were luring buyers of bullion, coins and jewellery.
US stocks have rallied strongly as investors took Monday's market rout as a buying opportunity.The Dow Jones Industrial Average jumped 157.58 (1.08 per cent) to 14,756.78.
Mermaid Marine managing director Jeff Weber has sold $5.4 million worth of shares in the company, to fund the exercise of incentive options and the associated tax liabilities.
Western Australia's public universities have continued to grow through a difficult period for the higher education sector, which was hit first by the GFC and then by adverse federal government immi
Australian investors were left confused after $7 billion was wiped off the value of the sharemarket, taking the losses in two days to more than $22 billion.
The City of Swan is leading new legal action against Standard & Poors to recoup financial losses stemming from the collapse of Lehman Brothers Australia.
Perth-based Venture Minerals has signed a $15 million debt finance deal with international bank BNP Paribas, which will ensure it is fully funded to production at its Riley direct shipping iron ore
Mining giant Rio Tinto says global iron ore production increased to 61 million tonnes in the March quarter, up six per cent on the same period last year.
EVENTS industry veteran Peter Kay is little more than a month away from launching his latest venture – the 2013 Red Dog Festival, in the Pilbara – amid a host of challenges posed by a changing spon
Consumers will soon be able to watch current American television over the internet without subscription, under a new agreement Quickflix has signed with television giant HBO.
Global Surface Mining says a $160 million contract win with Fortescue Metals Group is an important step forward for the surface mining industry in Australia.
Cattle producer Australian Agricultural Company will lower the value of its herds, partly because continued dry weather has hit domestic cattle prices.
Vanadium miner Atlantic has gotten its hands on $28.5 million in debt finance and has restructured its senior secured notes facility, giving the company some financial breathing space as it ramps u
Junior explorers Alcyone Resources and Golden West Resources are looking to raise capital through discounted rights issues worth a combined $21 million.
IT'S not easy to see the positive aspect to the mothballing of the onshore gas-processing hub proposed for the Browse LNG project on the Kimberley coast.
The Australian market was lower at open as investors became risk averse in light of the disappointing economic data out of China and the fatal bombings in Boston.
Privately-owned Kwinana company Stella Industrial is looking to recruit extra staff after winning its largest contract, on Chevron's Gorgon gas project.
Gold prices have plunged deeper, reaching their lowest level in more than two years as other metals also fell amid market pessimism owing to an unexpected slump in Chinese economic activity.
Deadly explosions in Boston and disappointing China economic growth have rocked US stocks, sending the broad-market S&P 500 down more than 2.0 per cent.
While Woodside's decision on James Price Point is a disappointment, it doesn't mean economic development of the Kimberley should be put in the too-hard basket.
With WA having been short-changed in terms of education funding, it's clear the federal government is focused on shoring up electoral support elsewhere.
