Oil rose for a fifth day overnight, on track for its strongest first quarter in eight years, thanks to a growing belief among investors that OPEC's supply cuts will prevent a build-up in unused fuel, though concern over China's economy tempered gains.
Palladium surged to a record high overnight as a sustained supply deficit boosted the autocatalyst metal, while gold rose to its strongest since April on a lower dollar.
New rules will soon apply to high-density developments across the Perth metropolitan area, including minimum apartment sizes, guidelines around tree retention and natural light, and how projects integrate with the wider neighbourhood.
Wintawari Guruma Aboriginal Corporation has failed in its attempt to overturn a key state government ruling concerning Fortescue Metals Group’s Eliwana iron ore project.
Warren Hallam has been tapped as the new managing director of Capricorn Metals, as the company ramps-up the development of its flagship Karlawinda gold project.
Photo Essay: It's nearing noon on a Monday when the CMA CGM Strauss enters Fremantle harbour, laden with a cargo of cookies, tyres, beer, eskies, bicycles, motor oil, lithium batteries, machinery and furniture.
Australia's number two lender, Westpac, has reported first-quarter unaudited cash earnings of $2.04 billion, with natural disaster insurance claims rising and mortgage delinquencies edging higher.
Monadelphous has secured a $108 million contract on BHP Group's South Flank project, while Clough has won its second contract on the same development. The two contracts will create 700 jobs at South Flank, the largest project underway in WA.
SPECIAL REPORT: Costs and a local skills shortage are among the challenges facing the state as it seeks to develop a local train car manufacturing sector.
SPECIAL REPORT: WA will be waiting until at least 2030 before an outer harbour development is needed, and in the meantime work is being done to evaluate the best ways to extend the life of Fremantle Port.
Technology Metals Australia has secured $4.5 million via a share placement, with the funds set to advance the definitive feasibility study on its flagship Gabanintha vanadium project, located 40 kilometres south of Meekatharra.
Woolworths has become the first national supermarket chain to dump its $1/litre milk range, with farmers saying Coles and Aldi must follow if they want Australian dairies to survive.
Gold jumped to a two-week high on Friday after weak US economic data boosted expectations the US Federal Reserve would hold pat on monetary tightening, while palladium matched an all-time high on a prolonged deficit.
Oil prices rose more than 2 per cent on Friday after an outage at Saudi Arabia's offshore oilfield boosted expectations for tightening supply, while progressing US-China trade talks strengthened demand sentiment.
Nzuri Copper is pleased to announce that it has entered into a term sheet with its major shareholder, Tembo Capital Mining Fund LP, which sets out the commercial terms on which Tembo proposes to pr
There will be a big reduction in the Reserve Bank of Australia’s official cash rate in the next year or two, according to investment analysis Jonathan Pain.
Veris says it will “likely” report a $34 million non-cash impairment charge to its goodwill, because of the poor trading performance of its surveying business.
Australis Oil & Gas is seeking to raise $30.5 million via a share placement, with the funds set progress its Tuscaloosa Marine Shale project in the US.
The long-anticipated expansion of Galleria Shopping Centre in Morley has been deferred, just days after receiving final planning approval, though its co-owner has committed to a $63 million expansion of Ellenbrook Central.
The sale of RCR Tomlinson’s Western Australian operations is complete, with RCR Resources, RCR Power and RCR Water West sold to AvidSys Group for an undisclosed sum.
