The Australian stockmarket has opened flat as investors gave a lukewarm response to US Congressional Republicans agreeing to temporarily raise the debt ceiling.
US stocks ended mostly higher Friday helped by news that Republicans might give way to a short-term rise of the debt ceiling to avoid a new crisis, but poor earnings from Intel pulled the Nasdaq lo
A blast and subsequent shutdown of Galaxy Resources' Chinese processing plant has cost the miner a potential $66.2 million cornerstone investment from the East China Mineral Exploration & Devel
Police & Nurses will undergo a name change after it was granted approval from the Australian Prudential Regulation Authority to trade as a mutual bank.
Shares in Centaurus Metals were higher after the company said it would gain tax concessions at its Jambreiro iron ore project from a framework agreement with a state government in Brazil.
An Osborne Park-based construction company has been awarded more than $31 million in contracts by the state government for work at two new primary schools.
Fund managers controlling high proportions of Australians' savings have shifted large amounts of money out of cash and bonds and into the share market in recent months.
The last time I saw Sam Walsh, it was just before Christmas and he was shopping with his wife at David Jones in Claremont. As always, he had time to stop for a chat.
Sam Walsh has the chance of a lifetime to head one of the world's biggest companies, but he won't be chief executive of Rio Tinto for long, and he's only there because the board has finally decided
Sam Walsh has been promoted to the top job at Rio Tinto, effective immediately, taking over from Tom Albanese who has quit as chief executive after the miner revealed a $US14 billion writedown.
Norton Gold Fields has committed $40 million for the development of its Enterprise open pit project, which will be the next base load operation for the company's Paddington mill near Kalgoorlie.
Silver Lake Resources has made two dozen positions redundant at its gold operation in the Eastern Goldfields that will result in $3.5 million in savings each year.
Increased first home buyer activity and a lift in turnover of higher priced properties have bolstered Perth's median house price, which rose 3 per cent in the December quarter.
Mineral sands miner Iluka will cut production resulting in job losses after tough trading conditions led to a loss of nearly one-third in revenue in 2012 compared to the previous year.
Santos's production costs blew out by up to $50 million in 2012, highlighting the risks to its massive Queensland Gladstone liquefied natural gas (LNG) project.
A Leighton Holdings subsidiary will carry out work to prepare Telstra's pits and pipes in two states for the national broadband network (NBN), in a deal worth $90 million.
Uranium miner Energy Resources of Australia has officially started the approvals process for its proposed Ranger 3 Deeps underground mine as part of a wider $177 million investment.
The state of the Perth rental market has been muddied, with two sets of research showing a small increase in rental rates for houses but producing conflicting results for apartments.
One week after being ordered to halt its gold mining activities in Indonesia, Straits Resources has restarted part of its Mt Muro mine as talks continue over a disputed boundary lines.
Federal and state authorities would be "nuts" to allow Woodside to replace the gas hub proposed for James Price Point with a floating processing plant, Western Australia's Premier Colin Barnett has
