Bentley-based developer Stati Group is moving on a $35 million plan to build a major race track in Perth’s south-east capable of hosting international rally events and the Red Bull Air Race.
The multinational developer, which exited its $1 billion Waterbank project in Perth this year, has announced a $99 million loss at its full year results.
A Pindan contractor allegedly left $1 million out of pocket by the company’s collapse is now pursuing Rio Tinto for the cash, demanding it hand back the facilities at Gudai-Darri.
OreCorp has talked up the prospects for its Nyanzaga gold project in Tanzania despite revealing a big increase in expected pre-production capital costs.
MACA has reported a $42.8 million net profit due to a strong pipeline of work across WA’s resources sector, but is providing few details on the status of a much-discussed takeover.
Western Australia’s largest brewer has expanded its presence in Victoria and doubled the number of venues it owns with the purchase of Stomping Ground in a deal valued at around $10 million.
Shares in Adbri fell sharply today after the ASX company reported a fall in net profit and provided updates on major projects at Kwinana and Kalgoorlie.
The local share market has finished flat on Friday with a rally in the energy sector balanced by losses in financials, ending the week up 1.2 per cent.
M8 Sustainable has secured the $10 million of convertible notes it needed to complete its Gingin facility and pay other debts after its $8 million minimum raising fell short earlier this week.
Gold Road Resources has bumped up its stake in De Grey Mining to nearly 20 per cent via Credit Suisse but says a takeover attempt is not on the cards yet.
Political editor Gary Adshead discusses two headaches for the premier, with senior editor Mark Pownall covering Iron Bridge, the Mellen mansion, Ian Burston, small business and the arts.
Two projects in the Mid West will potentially hinge on the outcome of a WA government tender for a new desalination plant, following a market-led proposal by AGIG.
MACA has told investors that a merger proposal made public by contracting rival NRW yesterday is not superior to an all-cash takeover on the table from Queensland-based Thiess.
South West MP James Hayward will have to wait another year before facing trial on four charges of child sex abuse, after vowing to defend the allegations.
Australia's biggest gold miner Newcrest Mining has posted a drop in full-year profit for 2022 and warns of ongoing global cost pressures and labour shortages.
The state government has turned its back on the retirement village sector and with it has neutered WA’s response to the rapid ageing of its population.
