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Consolidated sells 23% BC Iron stake

Shares in iron ore miner BC Iron have fallen almost 3% after founding shareholder Consolidated Minerals sold its 23 per cent stake in the company

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Mirvac Group board appoints new chair

Former Suncorp CEO John Mulcahy has been appointed the new chairman of the property developer Mirvac.

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Aussie shares flat ahead of election

Australian shares are flat as investors wait to see if a coalition government would have the Senate numbers to repeal the carbon and mining taxes.

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Private equity makes $150m bid for Miclyn

CHAMP Marlin Holdings and its partners have made a $150 million offer for a remaining 25% stake in offshore oil and gas vessel company Miclyn Express.

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US stocks rise on mixed jobs report

US stocks have opened higher following a mediocre US jobs report raising doubts about when the Federal Reserve will scale back bond buying.

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Rio’s production hopes are achievable

Rio Tinto's hope of producing 360 million tonnes of iron ore a year in the Pilbara are achievable and cost cutting targets are conservative, analyst says.

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