Coles is offloading management of its 87 pubs, including four in Western Australia, in a $200 million deal with private equity controlled Australian Venue Co.
Oil prices rose slightly overnight as the United States and China appeared closer to reaching a formal agreement to end a trade war that has slowed global economic growth while Russia said it would speed up its crude production cuts.
Gold dipped overnight to its lowest in more than five weeks as the US dollar and equities prices rose on optimism about a possible trade deal between the United States and China, while platinum shed 3 per cent as investors took profits from a recent rally.
Coolgardie Minerals has appointed Pitcher Partners’ Daniel Bredenkamp and Bryan Hughes voluntary administrators six months after the Neil Warburton-chaired gold hopeful was added to the ASX.
PODCAST: Mark Pownall and Mark Beyer discuss the BGC sale, housing starts, Treasurer’s forecast, Alinta’s wind farm, the Pavilion Market site in Subiaco, family business succession, and our special feature on land developers.
Western Australia is the second most attractive jurisdiction for mining investment, moving up from fifth place in the year prior, according to the Fraser Institute Annual Survey of Mining Companies for 2018.
The West Coast Eagles’ new $50 million training facility in Lathlain is now known as Mineral Resources Park, with the diversified mining group signing a sponsorship deal with the reigning AFL Premiers.
A project to automate the Roy Hill iron ore benefication plant, predictive analytics for equipment in copper and nickel mines, and sensors to detect rocks to big for crushing were among the local initiatives to receive $2.2 million of federal innovation funding today.
Two more government frontbenchers are expected to resign over the weekend, leaving Scott Morrison's ministry team even further depleted just weeks out from an election.
Catalyst Metals has announced that Gold Exploration Victoria, a subsidiary of Hancock Prospecting, has agreed to subscribe for a $13.02 million placement of Catalyst shares.
Perth home values dipped again in February, with increasing activity in transactions under $500,000 putting downwards pressure on the city’s median price.
Research released today by the Bankwest Curtin Economics Centre and the Workplace Gender Equality Agency (WGEA) has found a gender pay gap of $162,000 between Australia’s highest paid men and women, but women are progressing into full-time management roles at a faster rate than men.
Woodside Petroleum and Santos, Australia's top two independent gas producers, are being urged by activist investors to set carbon emissions targets to help limit climate change.
The cash-strapped company that received Western Australian government funds despite not meeting milestones attached to a wave power project has been suspended from trading on the Australian stock exchange for failing to lodge its half-year financial report.
Brent oil fell while US crude futures steadied overnight as US-China trade tensions persisted, both Chinese and Indian economies showed signs of slowing and news of surging US production undermined OPEC-led output curbs.
Gold retreated to a two-week low overnight as the US dollar recouped losses on stronger-than-expected US economic data, setting bullion on course for its first monthly decline in the last five.
The Housing Industry Association has significantly downgraded its forecast for new house builds in Western Australia for 2019, tipping a decrease of 0.9 per cent, compared to its previous estimate in May of an 11.8 per cent rise.
State government agency VenuesWest and contractor Perth Aluminum Scaffolds have each been fined $90,000 over the death of a worker who fell through a skylight in the roof of HBF Stadium in Mt Claremont.
A worsening of the trade war between the US and China could nearly halve Western Australian growth next financial year, according to Treasurer Ben Wyatt, but he believes a worst-case scenario will be avoided.
The federal government has today announced new and renewed appointments to its Takeovers Panel including Perth-based John McGlue, Shirley In’t Veld and Denise McComish.
Civmec has secured a fabrication and assembly contract at BHP’s South Flank iron ore project in the Pilbara, taking its total at the project to $48 million.
