Galaxy Resources says it has received strong interest from institutional investors in a shortfall placement, after its entitlement offer fell massively short of its $47 million target.
Western Australia’s top tourist destination, Margaret River, has been named one of the world’s top 10 friendliest places by international travel magazine Conde Nast Traveler.
Global demand for resources will soar by up to 75 per cent over the next 15 years, but Australia is facing fiercer competition from rival nations, the head of BHP Billiton says.
On the eve of the state budget, Premier Colin Barnett has foreshadowed program cuts and "revenue measures" as the once-boom state struggles with lower income.
The Australian dollar has held onto its gains after the Reserve Bank of Australia gave no indication there would be a third interest rate cut this year.
US stocks ended lower on Tuesday as more data and comments from Federal Reserve officials pointed to the likely pullback in Fed stimulus in the coming months.
Business News for Western Australia. Tuesday August 6. Jessica Taylor reports. RBA cuts cash rate to record low. Perth house prices fastest rising in Australia. Downer EDI records profit increase and more
NRW Holdings has been given the green light by Gina Rinehart’s Roy Hill Holdings to commence the full work program under a $67 million contract first announced in April.
The fun started early at the annual Diggers & Dealers forum in Kalgoorlie yesterday with delegates bravely predicting a higher gold price, to which the market responded by driving the gold pric
Andrew Forrest’s Fortescue Metals Group has claimed a major milestone in its efforts to spark indigenous development, announcing a series of new contracts that double its deals with Aboriginal busi
Perth-based telecommunications carrier Intelligent IP Communications has been acquired by Sydney-based BigAir Group for a cash and share package worth up to $20 million.