Latest Headlines

Privately-owned Perth company Wright Prospecting has posted yet another extraordinarily large annual profit as it reaped the benefits of the booming iron ore market.

ASX aspirant Norcliffe Mining Services has finalised its acquisition of Enerflow Mining Services in its second notable buy of the year.

A 12 megawatt solar farm has been included in an updated plan for Wesfarmers-backed Covalent Lithium's $1.9 billion mine and refinery project.

Perth could stand to reap major benefits from rebuilding its light-rail tram network, writes Andrew Toulalan.

Iron ore junior Fenix Resources has reported $25 million in net operating cashflows for the September quarter despite a testing period for the commodity.

DDH1 Drilling has launched a friendly takeover of counterpart Swick Mining Services, sending the target's shares up by more than 20 per cent.

Business confidence has surged on the hope that roadmaps out of COVID-19 lockdowns will allow economic activity to rebound in coming months.

Differing views over the coastal strip's revitalisation have created rifts between the major stakeholders.

No site for green FMG plant in WA

Australian farmers are calling for a fair go in return for supporting an economy-wide aspiration of net zero emissions by 2050.

On today's episode of At Close of Business, journalist Jesinta Burton investigates the recent uproar arising from the state government's latest logging ban.

Explorers Kin Mining and Alchemy Resources are set to raise $13 million and $3.1 million respectively in a bid to push ahead with ongoing exploration and drilling activities.

Property developer Dragon Century Spring has lodged amendments to its $34 million Rivervale apartment plan, months after a winding up order by Jaxon was dismissed.

Leaders of Australia's biggest companies will forecast their fortunes in a post-lockdown economy after a listless start to the week on the ASX.

A Kerry Stokes’ owned company has purchased a four-storey office building on Kings Park Road for $12.5 million.

Treasury believes if a claw-back mechanism had been included in the JobKeeper wage subsidy scheme, the program would not have been as successful.

Farmers face navigating complex carbon markets which offer big price differences.

After nine years as a top policy adviser to Mark McGowan, Jo Gaines is going into business with her sister, well-known boardroom adviser Alison Gaines.

WestStar subsidiary Alltype Engineering has won a $25 million contract with APA Group to deliver a new gas compressor station within the Goldfields Gas Pipeline in the Pilbara.

Western Australia will look to make coronavirus vaccinations mandatory in further sectors as new pop-up clinics open across Perth.

Shares in Star Entertainment Group fell sharply today following allegations its casinos were used to supprt money laundering as the New South Wales gaming regulator continues its assessment of both Star and competitor Crown Resorts.

Fortescue Future Industries will conduct a feasibility study on ammonia production in Brisbane, its second major deal in two days after announcing a hydrogen manufacturing hub in Gladstone.

The state government’s surprise move to lock up state forests has blindsided the timber and related sectors.

Low jab rates a growth risk

Administrators have been appointed to Port Hedland contractor MJW Building, which had been working on a series of projects for the local government.

Ageing has a brand problem, and the sector faces a lack of political will for change.

A first week of gains in the past five on the ASX has investors feeling better, although there's wariness of China's highly leveraged economy.

Besra Gold has returned to the ASX after a restructuring, while E79 Gold Mines has started trading and Medallion Metals has spun out its nickel assets.

On today's episode of At Close of Business, journalists Jordan Murray and Matt Mckenzie discuss the political and economic challenges that would face a reported $250 billion federal loan facility to support coal mining.

In their weekly podcast, Mark Pownall and Mark Beyer discuss vaccine mandates, industry response, battery developments, BHP opens projects, construction insolvencies, WA research funding gap, and the growth of Jason Signmakers.

Adbri has highlighted the importance of domestic manufacturing as it commenced a major upgrade of its Cockburn Cement operations and evaluates regional investments.

Contractor Georgiou has reported a lift in earnings to $28 million, with almost $1.3 billion of work in hand, which it said was a record level.