Iron ore rivals BHP Billiton and Rio Tinto are united in their forecast more high-cost producers will leave the market, but have stopped short of predicting how Western Australia’s higher-cost producers will fare over time.
Perth-based minerals explorer Rift Valley Resources has signed a deal to wholly acquire the Mtemi Resources Group of Companies after completing a $4 million capital raising.
Subiaco-based minerals explorer TNG has signed an offtake agreement for vanadium from its flagship Mount Peake vanadium-titanium-iron project in the Northern Territory with South Korean-based Woojin.
Oil and gas modelling software provider Stochastic Simulation has entered into a $5 million deal to acquire modelling technology from Predrill Stresses International.
Atlas Iron non-executive director David Hannon has resigned from the company's board with immediate effect to focus on family matters, with the company yet to announce a replacement.
A mixed-use development site in Cannington with the potential to yield up to 1,000 apartments is expected to garner strong interest from from local, east coast and international developers, accordi
Australia’s biggest and lowest cost iron ore producer has hit back at claims it has flooded the market with supply, with Rio Tinto pointing the finger at its big Australian competitors.
Sino Gas and Energy Holdings has finalised agreements for the sale of gas from its Linxing Station to a Chinese energy investor, at $US9.62 per thousand cubic feet.
Perth-based PLD Corporation will proceed with acquiring three zinc and nickel projects, including collapsed miner Kagara’s Admiral Bay zinc project, now that it has secured about $10 million from two mining finance managers, including Resource Capital Funds.
Buyers have rushed to grab a slice of one of South Perth’s planned residential towers, with more than 60 per cent of the apartments on offer at Finbar Group’s Aurelia selling in the first weekend o
Wall Street stocks have notched solid gains following the launch of Apple's smartwatch and a General Motors announcement of $US5 billion ($A6.4 billion) in share buybacks.
Gold has steadied as the US dollar rally paused and European shares fell, but it remains near a three-month low after a US jobs report boosted expectations that the Federal Reserve would raise interest rates soon.
LAUNCHED just four months ago, Food Rescue’s cargo carts initiative is gaining momentum, almost tripling the numbers of volunteers and hatching plans to further expand into West Perth.
CI Resources will investigate new investment opportunities in the palm oil, phosphate and fertiliser industries, following its compulsory acquisition of all remaining shares in Phosphate Resources.
One small step for National Australia Bank has become a giant leap for gender equality, after it became the latest company to offer lengthy paid parental leave to new dads.
Iron ore miner Fortescue Metals Group is calling on business leaders to create more opportunities for indigenous Australians to end the jobs' disparity.
Tony Abbott says his government has no plans to allow young people to use superannuation to buy their first home - but is happy for the idea to be debated.