Seven West Media and Southern Cross Media have shaken hands on a merger under which Kerry Stokes would step down as chairman of the board by early next year.
Established WA contractor Perenti Group plans to acquire smaller counterpart DDH1 in a deal that prices the growing Canning Vale-based business at more than $400 million.
Kalgoorlie Gold Mining has completed a heritage survey at its Perrinvale gold project about 80km west of Leonora in WA that paves the way for boots on the ground exploration work. Historical campaigns unveiled a suite of anomalous target zones that were not fully examined and the company now plans to double-back and assess the potentially gold-bearing prospects.
Global gas prices are tipped to surge by more than 50 per cent as Europe weans itself off Russian gas, with Australian producers in line to ship more LNG.
One of Australia's top corporate dealmakers, Jarden's Aidan Allen, has splashed $4.2 million on a house in Perth but we're told he is not moving west. It's for holidays.
Barrenjoey Capital Partners has greatly bolstered both its local team and its national mining credentials by recruiting the head of Goldman Sachs' Perth office.
Shares in mega stock market float APM Human Services International made a soft start today, falling slightly but still leaving the company worth more than $3 billion.
A faster-than-expected fall in iron ore prices, which are half their peak levels, has led to a big sell-off of mining stocks and raised doubts about the government's budget outlook.
Two reports this week have highlighted concerns that commodity prices have peaked, with UBS saying iron ore is approaching an inflection point and set to fall sharply.
Afterpay has confirmed it is closer to listing on a US stock market after North America overtook Australia and New Zealand as the biggest region for sales.
China's iron ore imports hit a record volume last year, helping to explain the surprising strength in the commodity's price and underpinning higher profits for the big miners.
Iron ore miner Vale has been ordered by a Brazilian court to shut down one of its mining hubs to help address the spread of COVID-19, adding to a string of supply disruptions that have bolstered the commodity's price.
The COVID-19 pandemic is forcing investors who have shunned Western Australian mining companies for decades (because they prefer buying shares in banks) to smarten their game or risk being left holding yield-free assets as bank dividends dry up.
Wesfarmers expects to make a $130 million pre-tax profit after selling down another lot of shares in supermarket giant Coles to shore up its balance sheet.
OPINION: Western Australia's lithium boom, which ran out of steam last year, will not be returning soon given the nationwide slowdown in China as it battles to contain the coronavirus outbreak.
NRW Holdings has purchased BGC Contracting for $116.4 million in cash, three weeks after it was named preferred bidder, and plans a capital raising of $130 million to fund the transaction.
SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.
Kalgoorlie-based contractor MLG has recruited a high-profile finance executive as it moves closer to joining fellow mining services companies Mader Group and DDH1 Drilling in a stockmarket listing.
Investment group QIC will need to increase its $422 million offer for Pacific Energy, after a consortium consisting of OPTrust and Infrastructure Capital Group lobbed a superior offer to the remote power provider.
