Rio Tinto will invest an extra $US302 million to develop its Resolution copper project in the US state of Arizona, as it looks to expands output to meet the lucrative market for new energy vehicles.
Australian shares are subdued at the dawn of a new trading week, with gains for energy companies and the big banks offset by a flat mining sector and losses for health care stocks.
Oil prices have risen one per cent as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand.
Gold prices have inched lower, having posted the biggest daily decline in two weeks in the previous session, as the impact of a weak dollar was offset by gains on Wall Street.
Apartments developer Momentum Wealth will work closely with the Trigg community to shape the design of its boutique project at the Yelo Café site on West Coast Highway, with retention of a hospitality tenancy on the ground floor a top priority.
Perth-based real estate agent The Agency Group Australia has recorded a bumper March quarter, including its second highest commission revenue for a quarter on record.
Dunsborough-based firm Nauti-Craft was last night presented with a prestigious award in London for its development of an innovative marine suspension system.
PODCAST: Mark Pownall and Mark Beyer discuss house price fundamentals — positive or negative? Perth tech deals, hostile takeovers, election called, Lester art prize, and our special report on the legal sector.
Planning Minister Rita Saffioti has approved new guidelines allowing for higher-density development in Nedlands, despite continued opposition from local government.
The federal government's Foreign Investment Review Board (FIRB) has given the tick of approval to a private consortium’s proposed acquisition of global education provider Navitas.
A former insurance broker who admitted funnelling almost $200,000 owed to clients into his own bank accounts has been sentenced to two years and nine months imprisonment.
Labor leader Bill Shorten says Department of Treasury costings showing his tax plan will cost an extra $38.7 billion a year for the next decade are wrong.
The consumer watchdog says price compare website iSelect misled customers for two years by recommending energy retailers that paid it higher commissions.
Gold prices fell more than one per cent overnight, slipping below the key $US1,300 level as robust economic data from the United States boosted the US dollar, taking the sheen off the safe-haven metal.
WA’s business lobby has blasted state government plans to shake up the industrial relations system, and called for residual workplace powers to instead be handed to the Commonwealth.
Australian shares have fallen, dragged down by share prices falls by the major miners and the big four banks amid dovish comments by US and European central banks.
A decreasing office vacancy rate and improving fundamentals in the wider economy have failed to halt the slide in confidence in Western Australia’s commercial property sector.
Sumatra Copper & Gold has announced it intends to appoint Wilkins Kennedy Amersham as administrators of the company, less than a week after Orinoco Gold went into administration.
Ausdrill has sold its waterwell drilling business to the Peter Hutchinson-chaired Vysarn for $16 million, and the ASX hopeful is seeking to raise $13 million.
Copper and gold explorer Stavely Minerals has announced it is has raised $3.2 million via a share placement, and is looking to receive a further $1 million through a share purchase plan.
