Business News

Toro Energy is raising $15 million to advance its Wiluna uranium project in WA, as well as pay back debt and fund exploration programs.

Lucapa Diamond Company is paying $8.5 million in cash to acquire a past-producing project in WA, with the purchase to be funded by a planned capital raising.

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Perth-based Seafarms Group will award five contracts to progress the development of a large-scale prawn aquaculture project in the Northern Territory.

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MinterEllison, Pilbara Community Legal Service and pro bono lawyer Jon Redman were named winners at this year's Attorney General's Community Service Law Awards.

Great Boulder Resources has secured $5.5 million from a share placement to fast-track exploration at its Side Well and Whiteheads gold projects.

Perth's Optus Stadium will host its first ever Ashes Test between Australia and England next year, as well as an ODI against New Zealand.

Agrimin has signed a major offtake deal for its Mackay SOP project in the Pilbara, while mineral sands company Strandline Resources secured further sales from its Coburn development.

Argentina's decision to ban all beef exports for 30 days, including those to China, is set to provide a new opportunity for Australian farmers.

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Labour shortages resulting in a slower-than-expected change in mining contractor has forced St Barbara to lower full-year production forecast for its Gwalia operation near Leonora.

Newcrest Mining and South32 have announced plans to reduce their carbon emissions in the coming decades, in line with commitments to sustainable mining.

Local computing company DUG Technology has signed an agreement with CSIRO to provide high-performance computing and storage services for two years.

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South32 is expecting to book a loss of up to $US175 million this financial year, in relation to the sale of its South African coal operations to local mining company Seriti Resources.

West Perth-based Predictive Discovery has raised funds to progress its largest drilling program to date for the company's Bankan gold project in Guinea.

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Cancer Council WA will receive $3.3 million per year for the next five years to run the LiveLighter public health campaign.

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Shares in Perenti have tumbled today as the mining services business informed shareholders that wage growth, high turnover and a strong Australian dollar were impacting the business' financial outlook.

Iron ore majors BHP, Rio Tinto and Vale have launched a global competition for tech innovators, aimed at developing new concepts to electrify the mining industry's substantial haul truck fleet.

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Perth-based Challenger Exploration is using funds raised from a share placement to take full control of its flagship gold project, in Argentina, and expand drilling programs.

Parcel Property has progressed its plans to develop a $50 million apartment building on Glyde Street, with PACT breaking ground on the project.

Shares in recruitment firm Hiremii dropped in value by close to 30 per cent today following an overall slump for tech stocks on the ASX.

Perth-based Delorean Corporation has struck an agreement with Clean Peak Energy to acquire its 70 per cent stake in the Salisbury Bioenergy project.

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Ian Cochrane will step down as chair of mining services business Perenti, with the company citing ill health as reason for the decision.

Crown Resorts has received a takeover bid from the operator of Sydney's Star Casino while announcing the appointment of chief executive and managing director, Steve McCann.