Subiaco-based RTG Mining has raised $US34 million as the company aims to secure an interest in the old Panguna copper-gold project in Bougainville, while Azure Minerals also announced a capital raising worth $8.2 million.
Mineral sands miner Iluka has lifted full-year revenue almost 40 per cent due to surging sales and higher prices for its products, but impairments have weighed on the bottom line.
The City of Perth will seek to appoint a new acting chief executive at a special meeting tonight after Robert Mianich went on personal leave yesterday, just days after being appointed to the role.
Australian shares are off to a bright start in early trade, buoyed by strong trade on Wall Street and possibly heading for a fifth straight day of gains.
International retail giant Costco is planning to build its first Western Australian store at Perth Airport, located alongside the giant DFO Perth store currently under construction.
Oil prices have risen, hitting three-week highs, supported by strong US demand and comments from Saudi Arabia that it would continue to curb production in line with OPEC-led efforts.
Gold prices have risen as a softer US dollar helped the metal rebound from its biggest weekly loss this year, but moves were muted before the debut congressional testimony by US Federal Reserve chair Jerome Powell later this week.
The Woodside Petroleum-led Greater Sunrise gas project is a step closer to going ahead, with the federal government to ink an agreement with Timor Leste about revenue sharing, more than 40 years after it was originally discovered.
Black Mountain Resources Limited is pleased to update shareholders on the following restructure initiatives that have been agreed to by the Company and its major lender, Richmond Partners Masters L
Local contractors have expressed concern that work on the next two Metronet rail projects, worth about $1 billion, could be packaged together for tendering purposes.
The single largest shareholder in Watpac has struck a deal to acquire a majority stake in the contracting and construction company, which today reported an interim loss of $1.4 million.
3D printing company Aurora Labs has announced it will raise up to $8 million, with the funds to be used to support development of its large format technology.
Badge Constructions has been awarded a $5 million contract to build a shipside support tower at BAE Systems’ Henderson facility to support its frigate upgrade project.
The Australian Securities and Investment Commission has applied to the Federal Court to appoint a liquidator to local company Superfunded, owned by former financial adviser Mark Goldenberg.
Australian shares have ended higher, with the benchmark index closing above 6,000 points for the first time since February 5, supported by solid company results and rising bank stocks.
Three local mining contractors have released their half-year results today with mixed outcomes, as Ausdrill posted a big increase in profit while MACA and Swick Mining both registered a decline in profit despite increased revenue.
SPECIAL REPORT: Family owned smallgoods producer D’Orsogna is aiming to nearly double its annual sales after beginning development of a $66 million factory in Victoria.
SPECIAL REPORT: Gina Rinehart’s Hancock Prospecting and its subsidiary, Roy Hill Holdings, have moved to the top of the Business News annual ranking of private companies in Western Australia, as their surging revenue put them ahead of building company BGC Australia.
SPECIAL REPORT: Kylie Radford has built Morrison into a highly regarded fashion brand over more than 15 years, so it’s a little surprising to hear the way she talks about the current business environment. Click through to read about the growth strategies of Kylie and other local business owners
Automotive Holdings Group has selected current director Rob McEniry to replace outgoing chairman David Griffiths, while England-based Sebstian Coe will become a non-executive director at Fortescue Metals Group.
Vocus chief executive Geoff Horth has left the company by mutual agreement with the board, a week after the telco posted a sharp fall in profit and cut its outlook.
International retail giant Costco is planning to build its first store in Western Australia, at Perth Airport, located alongside the giant DFO Perth store currently under construction.
