Gold price hits new record at $US1100
The price of gold hit a record high above $US1100 ($A1207) an ounce in trading on Friday following a report that Sri Lanka had joined India in buying the precious metal in favour of US...
AAP -
Saturday November 7, 2009, 6:40 am
RBA says welcome to quarry Australia
The Australian economy no longer rides on the sheep's back, but on the deck of a bulk carrier taking iron ore, coal or LNG to Asia.
The Reserve Bank's latest quarterly Statement on Monetary...
ABC Business News -
Friday November 6, 2009, 12:18 pm
Tick for mill permit extension
Tasmania's Lower House has passed legislation giving the timber company Gunns more time to begin substantial work on its planned pulp mill.
The government used its numbers to gag debate on the...
ABC Business News -
Friday November 6, 2009, 9:15 am
Warren Buffett's Defining Play
Warren Buffett did it again this week, launching his biggest ever takeover which defines his optimism in America's future and makes an emphatic statement about the financial strength of...
Australasian Investment Review -
Friday November 6, 2009, 8:08 am
Mid West iron project approved
The State Government has granted final approval for Sinosteel iron ore project, south east of Geraldton.
The Environmental Protection Authority earlier recommended the government reject the...
ABC Business News -
Thursday November 5, 2009, 9:28 pm
China's Centrex investment gets govt nod
The Australian government has approved a $271 million investment by China's third largest steel maker in iron ore explorer Centrex Metals Ltd.The company plans to build a new export port in South...
AAP -
Thursday November 5, 2009, 7:15 pm
Dynasty Metals Limited (ASX:DMA) Confirm 400 Million Tonnes from Phase 1 Drilling At Prairie Downs Tenements
Sydney, Australia, Nov 5, 2009 - (ABN Newswire) - Dynasty Metals Limited (ASX:DMA) announce that drilling at the Spearhole Channel Iron Deposit has identified a deposit of 400 million tonnes and is...
Asia Business News -
Thursday November 5, 2009, 3:23 pm
Deal to fast-track mining exploration
Gold exploration is set to increase in central Australia with the signing of an agreement between two Western Australian mining companies.
Tanami Gold - which has a mine across the WA border -...
ABC Business News -
Thursday November 5, 2009, 2:00 pm
Australia shares open 0.4 percent firmer
(Updates to opening)
WELLINGTON, Nov 5 (Reuters) - Australian shares opened 0.4
percent firmer on Thursday, led by miners as metal prices rose.
The benchmark S&P/ASX 200 index .AXJO rose 17.9...
Reuters Finance News, Australia -
Thursday November 5, 2009, 10:14 am
Paul Bibby appointed CEO of OceanaGold
Gold miner OceanaGold Corporation has appointed Paul Bibby as its new chief executive officer, effective immediately.The former Rio Tinto employee was most recently the chief development officer at...
AAP -
Thursday November 5, 2009, 9:31 am
Fed Steady; No Rate Rise For Some TIme
The US Federal Reserve has moved to make sure the markets fully understand that there will be no change in American monetary policy. There's been a rising tide of disquiet about a possible change...
Australasian Investment Review -
Thursday November 5, 2009, 8:10 am
Gold hits $US1,090 for first time
The price of gold leapt to a record peak of $US1,093.10 an ounce in trading in London on Wednesday in the wake of the International Monetary Fund's massive sale of the precious metal to...
AAP -
Thursday November 5, 2009, 7:43 am
Gold price hits record after IMF's India deal
LONDON (AFP) - The price of gold surged to a record peak of 1,095.80 dollars an ounce in trading here on Wednesday in the wake of the International Monetary Fund's massive sale of the precious metal...
AFP Finance News -
Thursday November 5, 2009, 4:56 am
Tata Steel says will restore Corus output to 100%
NEW DELHI (AFP) - India's Tata Steel forecast Wednesday its European subsidiary Corus would be operating at 100 percent capacity by the end of this financial year thanks to a revival in global...
AFP Finance News -
Thursday November 5, 2009, 4:25 am
Gold hits new record high of $1,090 an ounce
LONDON (AFP) - The price of gold leapt to a record peak of 1,093.10 dollars an ounce in trading here on Wednesday after the International Monetary Fund announced a massive sale of the metal to...
AFP Finance News -
Wednesday November 4, 2009, 8:31 pm