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.
Gold miner Silver Lake Resources has posted above-guidance sales for the year to June, while Red 5 says it is on track to meet its production forecast for the 2018 calendar year.
PODCAST: Mark Beyer and Mark Pownall discuss positive signs in the property market, new mining and gas projects, a 'staggering' oil discovery, and our annual review of WA's arts companies.
Global benchmark Brent crude dipped on Thursday as concerns about mounting supply returned after a brief rally earlier in the session on comments that Saudi Arabia's exports would fall in August.
Gold prices sank to a one-year low on Thursday as the US dollar rose after comments from Federal Reserve Chairman Jerome Powell that reaffirmed expectations more US interest rate increases are on the way this year.
US stock indexes are trading lower as a batch of weak quarterly reports dampened a robust earnings season and trade tensions rose on news the European Union may retaliate if the US slaps tariffs on EU cars.
Australian shares have closed higher on Thursday, with banks and miners leading strength though broader market gains were checked by generally subdued regional markets amid trade war worries.
Two reports out today highlight the weakness in Western Australian property prices over the past decade, including dramatic falls in some regional pockets, but the upside is the state has the most affordable housing across the nation.
After reaching a 16-year high in March, Western Australia’s unemployment rate has enjoyed its third straight month of decline, with nearly 3,000 jobs added across the state in June.
Perth tech startup Appbot, which counts 35 per cent of the world’s top charting app developers as customers, has turned to artificial intelligence to develop a new service that helps organisations manage large volumes of feedback.
Lithium advocates have been cautioned to separate facts from hype as it is not yet clear if battery manufacturing in Western Australia will be practical, although refining plans should proceed immediately, according to Mckinsey & Co partner Prabhav Sharma.
Poseidon Nickel has released a feasibility study confirming the viability of restarting its mothballed Black Swan project near Kalgoorlie, with an estimated capital expenditure of $56.7 million.
Bentley-based communications company Swift Networks Group has announced a number of new contracts, including infrastructure works at Iluka Resources' Cataby project and a 12-month extension at AngloGold Ashanti's Tropicana facility in Kalgoorlie.
The much anticipated Browse LNG project has taken a step forward with partners arriving at an early stage agreement on pricing to pipe gas through an existing Karratha plant, while a proposed second train at Pluto LNG now looks likely to be much larger.
Howard Park Wines has signed up as a new sponsor for the West Australian Ballet’s upcoming season of Tchaikovsky and The Nutcracker, with the winery having deep roots in the art form.
Lower company tax rates and changes to power pricing are among possible moves that would support the state’s economic development, according to local academic Peter Hartley.
Gold prices have steadied as the US dollar eased off a three-week high, following an earlier drop in bullion to a one-year low as bullish comments from US Federal Reserve Chair Jerome Powell boosted the greenback.
Oil prices rose on Wednesday after US government data indicated bullish demand for gasoline and distillates, which overshadowed a surprise build in US crude inventories and US crude oil production hitting 11 million bpd for the first time.
The S&P 500 is hovering at five-month highs with gains in financial and industrial stocks due to strong earnings from marquee companies offsetting losses in the technology and energy sectors.
Global education services provider Navitas has announced it will close colleges in the United States and the United Kingdom, as well as exiting its Australian health care training business, in a restructure of its careers and industry division.
Australian shares rose on Wednesday after global miner BHP reported record iron ore output for 2017-18, which sent its shares up over 3 per cent in a boost to peers and overall sentiment.
NRW Holdings has joined the likes of Clough, Decmil and CPB in securing work at BHP Billiton’s $4.6 billion South Flank iron ore project in the Pilbara, after announcing a $176 million contract to complete earthworks at the site.
MOD Resources has moved to full ownership of its T3 copper project in Botswana, after acquiring UK-based Metal Tiger’s stake of the project in a scrip deal worth $26.6 million.
