CAZALY Resources shares have slumped to a 12-month low after the company lost its three year battle with Rio Tinto over the ownership of the lucrative Shovelanna iron ore deposit
NEWCREST Mining, Australia`s largest gold producer, has agreed to pay $US525 million ($557.03 million) to partner South Africa`s Harmony Gold Mining in the company`s Papua New Guinea gold assets
THE administrator of Opes Prime says it is considering the possibility of keeping the collapsed stockbroker alive if it would benefit Opes creditors more than liquidation
REGIONAL pay TV operator Austar United Communications has lifted its first quarter pre-tax profit on slightly increased subscriber numbers and flagged a $300 million capital return to shareholders
OIL Search Ltd shares fell more than 6 per cent today after the company reported a drop in first quarter output and flagged a potential downgrade of its annual production target
EMBATTLED childcare provider ABC Learning Centres Ltd has finally sealed a deal to sell 60 per cent of its US business to Morgan Stanley Private Equity
THE Australian share market closed lower today after a mixed lead from Wall Street overnight and little in the way of market-swaying economic data or company news
TOMORROW`S Olympic torch relay in Indonesia will be confined to Jakarta`s main sports complex and secured by about 2500 police, amid fears of protests, officials said
THE Papua New Guinea government will push for the $360 million in annual AusAID funding to the Pacific nation to be better spent when ministers from Australia and PNG meet tomorrow
MALDIVES President Maumoon Abdul Gayoom has made an impassioned plea for a cut in global greenhouse gas emissions, warning that rising sea levels could submerge his paradise island chain
A JAPANESE court has sentenced a man to hang for killing a young mother and her baby girl when he was a minor, in a high-profile ruling hailed by the bereaved husband
Controversial flick ... Nicole Kidman and young newcomer actress Dakota Blue Richards in The Golden Compass / Supplied