POLITICAL uncertainty and growing demand in the developing world will underpin gold prices for the foreseeable future, according to ABC Bullion chief economist Jordan Eliseo.
State-owned Gold Corporation has revealed a $24.9 million pre-tax profit for the first half of the 2016 financial year on the back of higher volumes and cost rationalisation.
State government-owned gold refiner Gold Corporation has had its longstanding national monopoly broken, with the accreditation of Sydney-based ABC Refinery by the London Bullion Market Association.
Refining is a vital step in the gold supply chain, but it's a practice facing increasing competition from within the sector and from technological change.
After a decade of strong population and economic growth, debate continues as to the best ways to fund the state's future infrastructure needs. Business News has compiled a list of the biggest state government assets that could be sold in future to fund infrastructure.
The state government has appointed Donald Mackay-Coghill as chairman of Gold Corporation and Richard Hayes as chief executive, effective from next month.
The Business News annual export review has the latest data on 33 businesses representing $122 billion in outgoing trade. It also shows that while iron ore continues to dominate, the emergence of LNG, agriculture and services will benefit from a lower dollar.
The Perth Mint is set to spend $16 million to expand its manufacturing facilities, in response to increasing demand for bullion and precious metal blanks, which are used to make coins.
SENIOR Western Australian bureaucrats have received pay rises as high as $100,000 during the Liberal-National government's first term in office, research undertaken for the WA Business News Book of
MINERAL and petroleum commodities dominate Western Australian exports, with iron ore alone accounting for almost one-third of the state's total exports.
