News

Adventure World has become a major tourism attraction during its 35 years of operation, and there are no signs the business is slowing down.

Malaga company Galvin Engineering has developed Australia's first lead-free drinking tap as the state government deals with new revelations of lead contamination in taps at a number of Western Australian schools.

Perth-based building systems manufacturer Pro9 Global has completed an $8 million capital raising that will fund the construction of a manufacturing plant in Sydney.

Copper explorer MOD Resources has released a favourable pre-feasibility study for an open-pit mine at its T3 project in Botswana, which has an estimated annual free cash flow of $US77 million ($95 million).

Wesfarmers subsidiary EVOL has won a long-term contract to supply LNG to the power station and the process plant at Gascoyne Resources’ Dalgaranga gold project in the Murchison region.

Clinical trials company Zelda Therapeutics aims to pave the way for the use of medicinal cannabis to treat a range of disorders.

Global Energy Ventures has raised $6.7 million through a share placement, with the proceeds to be used on the development of the company’s compressed natural gas technology.

Australia's inflation rate has risen slightly in the December quarter, lifting the annual headline rate closer to the central bank's target range of between 2 per cent and 3 per cent.

Lithium hopeful Prospect Resources has tapped investors for $10 million as the company develops its Arcadia project in Zimbabwe.

Ultimately, the choice between spending time or investing time is yours, and whichever you choose will have a bearing on how well you sell.

The Australian stock market has opened lower, after Wall Street's Dow Jones index suffered its largest two-day fall in well over a year, and most commodities prices also fell.

MacTiernan threatens cage egg laying ban in WA

The state’s organic wine market may be small but its product is in strong demand, according to local wine producers, with Blind Corner among a handful of growers planning to expand local operations and export activity.

Chinese group Citic has decided to appeal a ruling from the Supreme Court of Western Australia ordering the company to pay Clive Palmer nearly $US150 million in royalties on its Sino Iron project in the Pilbara.

The share market has posted its largest daily fall since mid-November, with the mining, energy and healthcare sectors the worst performers.

Fortescue Metals shipped less iron ore in the December quarter as it continued to lower production costs.

Building approvals in Western Australia have dropped to the lowest levels in 16 years, according to the latest figures from the Australian Bureau of Statistics, while a new housing affordability survey has labelled the Perth housing market ‘severely unaffordable’.

Perth has been selected to host 11 matches during the International Cricket Council World T20 tournament in 2020, in line with the country’s other major cities.

Local explorer De Grey Mining will proceed with a $15 million acquisition of the Indee gold project, located near Port Hedland, from private company Northwest Nonferrous Mining Australia.

Bert Giancristofaro will play to the strengths of the Jus Burgers brand after taking ownership of the business last year, with his immediate priority being store refits and fine-tuning the customer experience.

Uranium explorer Vimy Resources has released a positive definitive feasibility study for its Mulga Rock project, located east of Kalgoorlie, but the report is based on the assumption of a near tripling in the current uranium spot price by 2021.

The rise of robo investment advice will prompt those with long memories to recall what happened last time computer algorithms were used to manage investments.

Gold miners Perseus Mining, Ramelius Resources and Evolution Mining have all released positive quarterly reports today, with Ramelius upgrading its full-year guidance and Evolution confident of reaching its target comfortably.

Australian shares have opened lower dragged down by falls in energy and mining stocks and after Wall Street backed off from record levels they reached last week.

Telstra chief banks on tech-led revival

Shares in AWE jumped 16.5 per cent today after Japanese group Mitsui & Co became the third bidder for the oil and gas producer, which is the operator and half owner of the Waitsia gas field north of Perth.

Shares in medical dermatology company Botanix Pharmaceuticals, led by Perth-based chairman Graham Griffiths and executive director Matt Callahan, have jumped more than 20 per cent today after the company announced successful results from an acne patient study.

The Australian share market has closed higher after a strong lead from US stocks and with more investors looking to the share market as a potentially better alternative to property.

Perth-based Atlas Iron has repaid $20 million of debt to reduce its term loan to less than $85 million, while also continuing to pursue diversification opportunities in copper and lithium.

The end of the mining construction boom continues to cause economic pain for Western Australia but strong employment growth paints a very positive future, according to Treasurer Ben Wyatt.

The Supreme Court of Western Australia has more than doubled the penalty handed down to South Australian trucking company Cleveland Freightlines following an appeal by WorkSafe.

Commonwealth Bank has turned down the chance to signal a fresh start at the scandal-hit lender, instead promoting insider Matt Comyn to "rebuild trust" as its new chief executive.