The Federal Court has canned a major prawn farm proposal after finding the Seafarms Group subsidiary responsible for the project has been trading while insolvent.
Civil engineering and construction group Decmil reduced its net loss after tax to $1.8 million during the first half of FY24, down from $2.5 million during the prior corresponding period.
Western Australia’s domestic gas policy settings require serious government intervention to protect industry, according to the interim report from the state’s inquiry into the matter.
Fortescue is set to pay out $3.32 billion in dividends after a substantial lift in its interim profit, with the biggest beneficiaries being Andrew and Nicola Forrest.
Buoyant gold prices have delivered record earnings for Super Pit owner Northern Star Resources despite mounting cost pressures bumping up the miner’s production costs.
The Qantas Group said it was continuing its investment in customers and new aircraft, supported by a $1.25 billion underlying profit before tax for the first half of FY24.
IGO has recorded a 53 per cent plunge in profit in the first half of this financial year, while having to deal with its Cosmos nickel mine and Kwinana refinery joint venture.
Glencore appears set on keeping its WA nickel mine running despite the metal’s unprofitability forcing one of the miner’s other nickel operations into care and maintenance.
Shipbuilders Austal and Luerssen have responded to yesterday’s $11 billion Naval fleet announcement, which will have significant implications for ongoing works at Henderson.
The ASX market has finished down 0.7 per cent as Woolworths plunged 6.6 per cent to a more than one-year low, while CSR soared on takeover speculation.
Robot technology company FBR Limited has announced its bricklaying and construction robot, Hadrian X, successfully passed Perth-based factory acceptance test requirements.
Australian Unity is set to buy home support services provider myHomecare Group from Enrich Health, a joint venture between RAC and Quadrant Private Equity, for $285 million.
Rio Tinto’s iron ore business delivered a stronger profit last year but was an exception, with lower commodity prices and higher operating costs battering every other business unit.
Administrators have been appointed to privately owned battery metals play EVM Nickel, which holds nickel rights on a series of tenements near Meekatharra.
Premier Roger Cook traversed everything from Karl Lagerfeld to economic development when he opened a private art gallery run by former WA Ballet executive director Olivier David.
Global Uranium and Enrichment has finalised the sale of its 80 per cent stake in the Lake Johnston lithium project to NSW-based Intra Energy Corporation.
Iluka Resources has confirmed the cost of its Eneabba rare earths refinery will be near the top end of its guidance range, while also reporting a slide in annual profit.
Ministerial intervention has led the Australian Federation of Air Pilots to call off strike action planned at Network Aviation later this week as a storm risk builds in the state’s north.
Gold producer Silver Lake Resources recorded solid gains during the first half of the 2024 financial year, amid its planned merger with fellow mid-tier entity Red 5.
