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MarketsWall Street retreats ahead of Fed minutes

US stocks have opened lower ahead of the release of minutes from a meeting of the country's central bank.

Amruta Khandekar and Bansari Mayur Kamdar

Solid quartersCommentsPremiumGold Road, Alkane add to more upbeat vibe for gold sector

Alkane Resources and Gold Road Resources have provided further evidence that the gold sector may not be in such bad shape as some investors fear after each released upbeat quarterly previews.

Stuart McKinnon

Veteran walksMilan Jerkovic parts ways with Wiluna Mining

Milan Jerkovic, the former Straits Resources boss who took the reins of Wiluna Mining during its last existential crisis in 2018, is leaving the troubled miner by “mutual agreement”.

Stuart McKinnon

Market strongPremiumFinbar trumpets best apartment sales since 2015

Finbar has reported its strongest year of apartment sales since 2015 and says higher prices are helping it neutralise the impact of rising materials costs, labour shortages and supply chain disruptions.

Stuart McKinnon

Changing habitsPremiumRising cost of food likely to drive up supermarket profits

Faster-than-expected food inflation could push volumes of home cooking higher, leading to larger profits for the country’s major supermarkets, analysts believe.

Adrian Lowe

MarketsPremiumWorld markets steady amid recession fears

Fears over growth that have stalked markets in recent weeks are lingering, investors say.

Tom Wilson and Sam Byford and Tom Westbrook

MarketsCommodity sell-off drags ASX down 0.5pct

The ASX's mining and energy sectors have fallen sharply after global commodity prices plunged on fears of a global recession.

Derek Rose

Take a seatCommentsPremiumTwiggy gets BWX board seat after lifting stake to 19.9pc

Andrew Forrest’s Tattarang has nabbed a seat on the board of BWX following a capital raising that has pushed the mining billionaire’s stake in the skin and haircare group to 19.9 per cent.

Daniel Newell

MarketsPremiumWall St edges up despite recession fears

US stocks have closed mostly higher amid investor concerns about the possibility of recessions in major economies.

Echo Wang

EV investment PremiumAutomakers move upstream to lock in battery materials

Lithium players are reaping the benefits of a scramble by the world’s automakers to lock in battery materials supply to meet ambitious electric vehicle growth targets, according to a respected research firm.

Stuart McKinnon

Out doorCommentsPremiumRyan Welker sacked as Ten Sixty Four MD

The managing director of Ten Sixty Four has been sacked by the Philippines-focused gold miner, just days after he was reported to have tendered his resignation from the company, giving six months notice.

Stuart McKinnon

Energy setbackUkraine war slows shift to cleaner energy

The International Energy Agency says it now sees sharply lower demand for gas out until 2025, but not because of customer concerns about emissions.

Sean Smith

Solid performanceRegis, Westgold bring light to beaten-down gold sector

Regis Resources and Westgold Resources have restored some investor faith in the beaten-down gold sector after reporting record production and only modest increases in operating costs.

Stuart McKinnon

HousingPremiumThe cities less sensitive to rate hikes

House prices are retreating in Melbourne and Sydney, but there is one state where interest rate changes are yet to have an impact, an expert says.

Melissa Iaria

More to comePremiumDacian acquisition a ‘sensible first step’: Finlayson

Genesis Minerals boss Raleigh Finlayson has hinted talks with St Barbara are advanced, describing the proposed acquisition of Dacian Gold as a “first step” in the consolidation of the Leonora gold district.

Stuart McKinnon

Liquidating assetsPremiumTroubled Firefinch cashes in shares in spin-out Leo

Firefinch has netted $12.9 million in a block trade of shares in its recently spun-out Leo Lithium as it looks to bolster its balance sheet while it battles production issues at its Morila gold mine in Mali.

Stuart McKinnon

MarketsPremiumEuro plunges to two-decade low vs dollar

Another surge in natural gas prices has reignited worries about the health of the euro zone economy.

Tommy Wilkes

MarketsPremiumASX gains 0.25 pct as RBA hikes rates

The ASX has closed modestly higher after the Reserve Bank announced another 50 basis point rate rise, as expected.

Derek Rose

Parting waysPremiumBorder breacher Nev Power to exit after striking gold deal

WA border cheat Nev Power is set to make a graceful exit from Genesis Minerals as part of its $111 million scrip takeover of Dacian Gold.

Stuart McKinnon

Extra workBig contract wins for NRW

NRW subsidiaries have booked more than $110 million in new contract work, including an extension at Gina Rinehart’s Atlas Iron in the Pilbara.

Daniel Newell

In-country issuesFirefinch’s problems at Morila highlight African risks

A big production downgrade from Firefinch at its Morila gold mine in Mali has highlighted the challenges of working in dubious mining jurisdictions.

Stuart McKinnon

Challenging conditionsAustralianSuper reports first negative return since GFC

AustralianSuper has moved to reassure members it is focused on the long-term after posting its first negative return since the global financial crisis amid rising inflationary pressures.

Danielle Le Messurier

Strengthening oversightPremiumSam Buckeridge to join board of casino watchdog

WA’s casino watchdog is adding two new members to its board, with BGC Australia board member Sam Buckeridge and former union state secretary Helen Creed to join the Gaming and Wagering Commission. 

Danielle Le Messurier

Tie-up likelyPremiumSt Barbara talks back on as Genesis, Dacian deal takes shape

Genesis Minerals’ proposed takeover of Dacian Gold could form part of a broader consolidation of the Leonora district after St Barbara said talks with the Raleigh Finlayson-led explorer were back on.

Stuart McKinnon