Troy Resources has become the latest Perth-based miner to take a financial hit on the back of a softer gold price, reporting a half-year net loss of $6.8 million.
Rising vacancies and falling rents in Perth’s CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.
The influx of global oil and gas players to Perth for a major conference this month has provided a platform for some to announce plans to expand their operations in Western Australia.
Belmont-based contractor GR Engineering Services has lifted its half-year net profit despite what it described as persistently subdued trading conditions in the mining services sector.
Poseidon Nickel has signalled it no longer plans to pursue a major debt capital raising in the United States, appointing a new chairman to replace US-based Bud Scruggs.
SPECIAL REPORT: Former Verve Energy CEO Shirley In’t Veld says when it comes to government-owned businesses, politics often wins out over commercial imperatives.
Environment Minister Greg Hunt has stepped in to stop the auction of carbon units, saying it will give business certainty ahead of the government's plans to scrap the carbon tax.
Evolution Mining, Resolute Mining and Ramelius Resources have all reported weaker interim earnings after being hit by the impact of a lower gold price.
QUBE Holdings is confident of continued growth in revenue and profits, helped by the acquisition of Canning Vale-based IML Logistics and the increase in volumes under its port services contract with Chevron.
Industrial parts and services provider Coventry Group has warned earnings growth will be slim in the second half of the financial year, after lodging a narrow net profit for the six months to Decem
Perth-founded technology business MOKO Social Media has announced it has raised $8 million through a share placement to further developments in the US.
A positive lead from Wall Street and a continuation of positive reaction to local earnings reports has helped take the sharemarket to its highest level in nearly six years.
Oil and gas producer Santos has announced a net profit of $516 million in line with last year's result as record sales revenue was offset by lower interest income and higher exploration costs.