Latest Headlines

One of Western Australia’s largest gold mines has been forced to shut down after a safety incident involving one of Saracen Mineral Holdings’ underground miners.

Shares in Dacian Gold plunged as much as 22 per cent today after the company downgraded its production forecast for next fiscal year.

The national average shopping centre vacancy rate reached 5.1 per cent in June, up from 3.8 per cent in December, according to the latest figures from JLL.

A flood of money for goldminers has defined WA’s corporate finance market this year, with Canaccord Genuity and Macquarie Capital leading the charge.

The directors of Alto Metals have recommended shareholders vote against a takeover bid from Habrok Mining, saying the offer was opportunistic and undervalued the company.

An electrician based in North Perth has been ordered to pay more than $27,000 after having been found guilty of breaching WA’s electricity licensing regulations.

CIMIC Group’s mining services business has received a $2.5 billion contract extension with Jellinbah Group for work at the Lake Vermont coal mine in Queensland.

Oil Search plans to write off up to $US400 million ($A576 million) due to the outlook for oil and gas prices and the shutdown of a gold mine.

Australian shares have jumped nearly 1.5 per cent in early trade, with investor sentiment buoyed by a strong closing on the US markets last week on hopes of a coronavirus treatment.

Mining heavyweights pass virus test

Oil prices climbed more than 2 per cent on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the United States tempered expectations for a fast recovery in fuel consumption.

Gold fell on Friday as gains in US equities trimmed flows into bullion, which was still on track for a fifth straight weekly gain after soaring to its highest level in nearly nine years last week on surging COVID-19 infections.

Prominent media personality Basil Zempilas has ended months of speculation and confirmed he will run for Lord Mayor of the City of Perth.

Patrick Hall says he has a feeling of inevitability when it comes to leadership.

WA’s population is projected to reach at least 3.6 million in the next half century, bringing the promise of new opportunities and looming challenges to the city’s economically, culturally and geographically diverse exurban and outer-suburban communities.

Business development has not always been seen as natural fit for the Greens WA, much to the chagrin of party member and Fremantle mayor Brad Pettitt. 

For jurisdictions that rely on their entertainment precincts, retailers, and tourist attractions, representing the brand is part of engaging with investors and the business community.

Inner-suburban councils are strategising to stimulate economic activity as they navigate the long road out of the COVID-19 crisis.

The shift in work habits during COVID-19 provides an attractive development opportunity for suburban councils.

While major projects have boosted some parts of the state, many regional councils face challenges, including economic diversification, unemployment and environmental sustainability.

Albert Jacob has always been a keen follower of politics, joining the Liberal Party in his 20s.

Carol Adams’ failed tilt at state politics during the 2008 state election may have worked out for the best from the perspective of the 40,000 or so residents in the City of Kwinana.

Whether as a stepping stone to higher duties or a role post-politics, local government provides an opportunity to serve.

As unspectacular as the business of rates, roads and rubbish may seem, Australia’s local governments are responsible for a range of vital services upon which our local communities rely.

New design guidelines for the redevelopment of the historic Perth Girls School in East Perth has been adopted by the state government.

In this podcast Sean Cowan, Matt Mckenzie and Katie McDonald discuss COVID-19 re-emerges, property & construction, Advanced Navigation, WA insolvencies, growth in corporate finance, Cormann, Alcoa, iron ore, and regional development.

The Australian share market has finished lower for the fourth time this week as investors ponder the impact of virus lockdowns in Victoria.

Whittens has won a $20 million sub-contract with Mondium for work at Rio Tinto’s Western Turner Syncline Phase 2 mine.

Western Australia will delay easing its final COVID-19 restrictions by at least two weeks as it monitors the outbreak in Victoria, which recorded 228 COVID-19 cases overnight.

More than 87 per cent of houses across Australia resold for a profit over the March 2020 quarter, with only a minor portion affected by COVID-19 according to CoreLogic.

AustSino Resources Group will receive $100 million from an entity associated with its chairman to facilitate the company’s planned investment in Sundance Resources.

Chief executive of the WA Chamber of Minerals and Energy, Paul Everingham, has ruled out nominating for the vacant senate position when Mathias Cormann quits politics later this year.