Big falls from WA companies have driven shares to plummet to their second-steepest fall of the year, while a higher than expected inflation reading added to fears of higher rates.
It's hoped construction of a $3 billion, globally significant space research project in the Murchison region will start mid-year, as negotiations with Traditional Custodians for a land use agreement continue.
Fortescue chief executive Elizabeth Gaines said the company was continuing to assess the impact of uncertainty clouding WA's border reopening, on the back of a solid quarterly production update.
Iluka Resources has reported a big cost increase at its phase 2 rare earths project at Eneabba as it finalises a feasibility study on a much larger rare earths refinery.
After two years of negotiations, Rio Tinto and the Mongolian government have concluded a $3.3 billion debt waiver deal to allow the miner to establish one of the world's largest copper mines.
Shares in West Perth-based Poseidon Nickel were down as much as 10 per cent amid notice that Andrew Forrest's Tattarang had ceased to be substantial shareholder.
The corporate watchdog has barred Ananda Kathiravelu from providing financial services over a market manipulation scheme that almost landed him behind bars.
South32's quarterly results give some guidance of how an Omicron outbreak in WA might impact the resources sector, with marginally lower output at two east coast units.
On today's episode of At Close of Business, senior journalist Matt Mckenzie outlines some of the biggest challenges facing some of WA's biggest projects in the year ahead.
Investors have taken money out of the ASX to start a week in which Australian inflation data and US Federal Reserve decisions could change market dynamics.
The state government has selected Indigenous business CareyMC to complete upgrades at Two Rocks Marina, while BMD Constructions has been appointed to a project in the Wheatbelt.
Police Commissioner Chris Dawson's deputy Gary Dreibergs will succeed him as the state's vaccine commander, as the vaccine rollout reaches school-aged children.
Subiaco-based gold and copper explorer Carnaby Resources is planning to spend $20 million in new capital on a substantial drilling program at Greater Duchess projects over east.
Fortescue Metals Group will acquire a UK-based engineering firm connected to late F1 team owner Frank Williams in a bid to bring race-bred battery technology to its iron ore fleet.
Treasurer Josh Frydenberg has been quick to point out that interest rate decisions are up to the Reserve Bank as speculation mounts for a rise this year.
