Latest Headlines

Mineral Resources has for the first time revealed the cost of two major projects, saying it will spend $610 million building its lithium concentrate processing plant, which is due to start production later this year, and up to $1.6 billion on its proposed lightweight rail system.

A joint venture between Perth-based companies Clough and RUC Cementation Mining Contractors, which are both owned by South Africa’s Murray & Roberts, has secured two mining contracts in Mongolia.

One of the nation’s most respected economists reckons the tide may have turned for the WA economy, but falling metals prices and a global trade war could render that view obsolete.

Morrison backs WTO overhaul

Gold prices have fallen toward one-year lows as the US dollar held on to strength against the currencies of key bullion consumers China and India.

Oil prices have edged lower as the focus turned to oversupply worries, moving away from escalating tensions between the US and Iran, which had driven prices higher early in the session.

US stock indexes have dipped led by losses in shares of Amazon and technology companies, as investors awaited quarterly reports from a host of marquee names to gauge the impact of an escalating trade conflict between the US and China.

Global education services provider Navitas has expanded into the Netherlands, after signing an agreement with the University of Twente to operate its pathway program for international students.

The Australian share market has snapped its three-day winning streak to close lower amid global trade war concerns after US President Donald Trump threatened more tariffs on Chinese imports.

Saracen Mineral Holdings managing director Raleigh Finlayson has received about $12 million after selling more than half his stake in the gold mining company.

ASX-listed 1-Page, which reached a market capitalisation in excess of $500 million in 2015, has requested a delisting from the local stock exchange following the acquisition of a German medicinal cannabis company.

Nickel miner Western Areas has begun early works at its Odysseus project, signing on local contractor MACA, while also announcing it had reached its production guidance for the year to June.

The state government’s education boss, Sharyn O'Neill, has been appointed as the first ever female Public Sector Commissioner in Western Australia.

MMJ PhytoTech has invested CAD$0.15m for a 2.5% shareholding in privately-held Embark Health Inc as part of their CAD$1m seed funding round. 

Poseidon Nickel has appointed company director Robert Dennis as its new chief executive, with the former Independence Group executive set to take over the role next month.

Former governor and practising barrister Malcolm McCusker has been appointed chairman of Law Access, following the retirement of founding director Adam Ebell.

Wesfarmers has announced it anticipates the demerger of Coles to be completed by the end of November, after the company’s annual general meeting, and will seek to retain a 15 per cent stake of the business.

The opening of a new heritage-listed live entertainment space in Northbridge later this year is the latest example of Marcus Canning’s cultural impact on WA.

The financial performance of WA’s major arts organisations has fluctuated widely over the past year, research by Business News has found.

Apartment developer Finbar Group has lifted its net profit expectations for the 2018 financial year as a result of what it says are improved market conditions and project settlements.

Gold prices rose from one-year lows and spot platinum increased more than three per cent after US President Donald Trump criticised the strength of the dollar and interest rate increases by the Federal Reserve, pushing the greenback sharply lower.

WA economy ‘out of the woods’, says economic forecaster

US stocks have closed slightly lower as escalating trade anxieties driven by US President Donald Trump's latest tariff threats against China offset a string of robust earnings led by Microsoft.

Oil prices rose at the end of last week as a weakening dollar and lower expected August crude exports from Saudi Arabia supported the market, offsetting concerns about US-China trade tensions and supply increases.

Optus Stadium’s awards winning streak continued over the weekend when it was acknowledged in different categories at two events held in Perth.

Local architect Kate Fitzgerald is winning converts to her plans for sustainability driven micro-lot house design.

Woolworths subsidiary ALH Group has had a win in the State Administrative Tribunal this week over its plans to develop a Dan Murphy's liquor store as part of its Como Hotel redevelopment, following a multi-year saga involving liquor licensing and the City of South Perth.

A war of words between two local construction groups has intensified, after Subcontractors WA referred accusations of intimidation by Master Builders WA to the Australian Building and Construction Commission.

Australian shares have ended the week higher thanks to gains in financials and energy stocks, even as Friday's session was buffeted by an earlier slide in the Chinese yuan and concerns over escalating global trade tensions.

Northbridge whisky bar The Dominion League has been sold and will close its doors next month, with the buyer believed to be Perth music promoter Saran Bajaj.

Two high-end restaurants will join a 12-screen cinema as tenants in the $75 million Raine Square redevelopment project, the first stage of which is set to open in September.

Sheep meat producer WAMMCO has received a $5 million loan for upgrades at its Katanning processing plant as part of the state government’s cooperative loan scheme.