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Australia's largest gold miner Newcrest has extended its debt facility by more than $200 million as it faces a class action from shareholders over its massive financial writedown. Newcrest Mining s..
The Australian share market closed more than one per cent lower after a top US central bank official raised the prospect of ongoing reductions in the US's economic stimulus program. Federal Reserve..
Shares in gold miner Regis Resources have fallen more than five per cent after the company missed its quarterly production targets and flagged lower recovery rates at its Garden Well operation. Reg..
Australian stocks have opened in the red following a selloff on Wall Street overnight. The local market is around half a per cent lower, which is better than futures markets had anticipated followi..
Mining giant Rio Tinto has paid more than $1.31 billion for 510 million Turquoise Hill shares under a rights issue, clearing the slate as it develops the Oyu Tolgoi mine in Mongolia. Rio said the $..
Australia's jobless rate is tipped to remain steady in December, amid expectations the housing market recovery will create jobs. Unemployment is forecast to remain at 5.8 per cent when labour force..
Property group GPT Group will not increase its offer for the Commonwealth Property Office Fund (CPA) nor extend the offer period. GPT's offer of 0.141 GPT securities and 75.32 cents in cash for eac..
Forge Group's shareholders have been punished after the company announced another profit writedown, bringing the total in less than two months to up to $155 million. The latest problems for the Per..
The Australian market looks set to open lower following the lead of Wall Street which has fallen more than three-quarters of a per cent. At 0645 AEDT on Tuesday, the March share price index futures..
US stocks have tumbled ahead of a raft of corporate reports as earnings season gets into full swing this week. The Dow Jones Industrial Average shed 179.11 points (1.09 per cent) on Monday at 16,25..
