Decmil shares closed the day at a three-month high despite the contractor bracing investors for a $102 million loss for the financial year following a handful of downgrades.
The Australian share market has rebounded from its morning losses to finish in the green after second-quarter inflation data came in slightly below expectations.
Simone Grogan and Mark Beyer go over the highlights of their goldminers feature, including how price fluctuations are affecting local players and Northern Star Resources' dominance in the market.
Interest rate rises are tipped to send property prices plunging up to 15 per cent nationally over the next 18 months, but Perth is expected to buck the trend.
Mincor Resources has appointed senior mining executive Gabrielle Iwanow as the company’s new chief executive after David Southam’s decision to step down.
The state has handed over swaths of subsidised land for 44 affordable homes in the housing-strapped resources hub of Karratha, but it will only put a small dent in the waiting list.
A $6.5 million temporary facility in South Boulder for MLG Oz and TopDrill workers has been approved to address an accommodation shortfall in the Kalgoorlie-Boulder region.
Premier Mark McGowan says international factors are driving inflation, after Perth prices rose 7.4 per cent in the year to June, Australia’s highest rate.
Perth-based Greenpool Capital has partnered with global real estate investment manager Savills to acquire a shopping centre in Perth’s south-east for $81.5 million.
After almost three decades in business, the Staines family has agreed to hand over the reins of their Esperance farm equipment business to machinery giant McIntosh & Son.
Subiaco-based SRG Global has bolstered its order book with two contracts from Northern Star Resources and Meridian Energy respectively, valued at some $90 million.
Not-for-profit health care group St John of God has unveiled plans to build a new hospital in the state’s South West next year in a bid to keep pace with the region’s growing population.
The state’s peak resources body says it needs more time to consider the implications of introducing the industry-wide workers’ register proposed following the FIFO mine inquiry.