Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.
Good news is hard to find in the resources sector, and even harder to find in the case of assets that are offered for sale but fail to attract an acceptable bid.
Tiger Resources has bolstered its finances with a $42.5 million capital raising as it works towards commissioning its Kipoi copper project in the Democratic Republic of Congo.
Downer EDI has secured a $400 million contract with Bechtel for two electrical and instrumentation packages for the downstream portion of the Chevron-operated Wheatstone project.
Accounting for nearly 20 per cent of economic activity in Australia, retail sales are critically important to fill the gap left by the slowdown in mining investment.
Oil prices have fallen again, with New York prices down a third straight day, amid rising stockpiles in the United States and a tepid picture for economic growth.
Perth’s industrial land market is set to rebound from a subdued 2013, as Western Australia’s strong economic fundamentals attract interest from institutional investors, new research from Colliers I
Clive Palmer says a discrepancy in the numbers across three vote recounts in the seat of Fairfax proves officials have been counting votes incorrectly, while the Liberal National Party is yet to rule out challenging his narrow win.
National Australia Bank has made a record profit of almost $6 billion and hopes an improvement in business confidence will boost its bottom line next year.
Choosing healthier food choices and finding the time to exercise can have significant effects on workplace productivity, as two Perth business executives discovered.
CBH Group says it is bringing in the state’s economic watchdog to mediate the negotiation process with Brookfield Rail over access to grain rail freight lines.
The corporate sector has a social responsibility to implement health and wellness strategies, according to speakers at this week’s Success and Leadership breakfast.
Residential building approvals have hit a 25-year high in Western Australia, as record-low interest rates drive investors and first home buyers into the housing market.
Shares in West Leederville-based Glory Resources have soared on the back of the gold explorer receiving a $30.5 million friendly takeover offer from Canadian miner Eldorado Gold.
The fate of Western Australia's Senate election looks set to be decided in court - or with a new election for six WA senate seats - after the Australian Electoral Commission admitted it had lost more than 1,300 votes.
The surprise discovery of coal in the Pilbara signals there may be many more valuable resources still undiscovered in Western Australia, according to Premier Colin Barnett.