News Articles for Edgar Basto

Perth's importance as a national business centre may have faded during recent months, but it's a different matter in the inner suburb of West Perth, where several small mining companies have sprung back to life.

The recent BHP Billiton organisational restructure will drive productivity improvements without significant operational job losses, according to new BHP operations president of Australian minerals Mike Henry, although the company won't commit to a deadline for its targeted 290 million tonnes per annum iron ore run rate.

BHP Billiton has responded to its mammoth interim loss and the prospect of a prolonged downturn by slashing its dividend and adopting a new management structure that leaves Western Australia without a representative in the company's leadership group.

Donations totalling more than $200,000 have been made in the past two days ahead of tonight's CEO Sleepout fundraiser, but organiser St Vincent de Paul Society of WA is still hoping a final surge in contributions will exceed the $1 million mark.