Lynas Corporation's licence to operate a rare earths processing plant in Malaysia appears set to be extended, though it could be for a shorter duration than the usual three years, two sources with direct knowledge of the matter say.
Global oil benchmark Brent futures fell more than 3.0 per cent overnight on global growth concerns after US President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers.
Gold surged 2.0 per cent overnight to its highest level in more than six years as a worsening US-China trade conflict prompted investors to dump riskier assets for safe havens, with a weaker US dollar supplying additional fuel for bullion's run.
The state government will shut two more generating units at the Muja coal power station, in October 2022 and October 2024, much earlier than scheduled.
The Australian share market has suffered its biggest loss since December 10, with every sector deep in the red after signs that China is striking back against the US in their escalating trade war.
Claremont-based Arrow Minerals and Subiaco-based Dreadnought Resources could soon be embroiled in a legal battle, after Arrow raised issues with Dreadnought’s acquisition of the Illaara gold project from Newmont Mining.
Swift Media founder Robert Sofoulis is set to pocket a windfall of about $3.8 million after the vesting of performance shares, despite the company expecting its underlying earnings to fall by over 7 per cent for the 2019 financial year.
AGWA chair Janet Holmes a Court spoke to Business News about the gallery’s latest exhibition, art in public spaces, and why she won’t put a price on art works.
The operator of Links Kennedy Bay, which claims to have been named one of the top five public access golf courses in Australia, has gone into liquidation with a large tax debt.
St John of God Health Care is partnering with GenesisCare and national medical property development group Heathley to deliver a $17 million comprehensive cancer centre at Murdoch.
Sales of new vehicles in Western Australia bucked the national trend and rose by 5 per cent in July, primarily due to the sports utility vehicle (SUV) market segment, marking the first overall increase in monthly sales since May last year.
Monadelphous has announced about $150 million of new contracts in Western Australia and Queensland, less than a week after it won a big contract on Rio Tinto's West Angelas iron ore mine in the Pilbara.
Mining project approval delays will be the target of a one-year Productivity Commission review looking at how to streamline regulation across Australia's resources sector.
WA-based juniors Titan Minerals, Coziron Resources, Galan Lithium, Anglo Australian Resources, and Big River Gold have announced share placement activity on the ASX today.
Oil prices gained about 3.0 per cent on Friday a day after recording their biggest daily drop in several years on US President Donald Trump's vow to impose more tariffs on Chinese imports.
Gold steadied on Friday in seesaw trade as the US dollar retreated on lacklustre US jobs data, putting bullion on course to notch its best week in six weeks following a surge of more than 2.0 per cent in the previous session as US-China trade relations soured further.
PODCAST: Mark Pownall and Mark Beyer discuss the lithium slowdown, house prices, BGC brands, Rita Saffioti, Minderoo, gold and our special report on the arts sector.
US President Donald Trump has sent markets around the world into turmoil with tweets threatening to raise tariffs on China - although Australia's share market emerged less scathed than others, helped by a surge in gold stocks.
The entire board of Redbank Copper has been spilled and replaced today after the company’s largest shareholder, Wyllie Group, requested the motion just over a month after chairman Michael Fotios was declared bankrupt.
There’s cause for optimism about the potential to manufacture battery components in Western Australia in the long term, according to BHP Nickel West asset president Eddy Haegel.
Around 38,000 homes in the western suburbs and Fremantle area have been left without power for hours, after a widespread outage hit much of the area this morning.
A rebound in the local retail sector may be on the horizon, after Western Australia recorded the second largest rise in retail spending among states and territories, according the latest Australian Bureau of Statistics data.
A medical startup supported by Curtin University and angel investors led by Ian Brown has raised more than $1 million, shining a light on the commercialisation process for university technology.
