Australia's biggest miner Rio Tinto says it will return billions to shareholders, after it recorded a 2 per cent rise in underlying earnings for 2018, to US$8.63 billion ($12.2 billion).
Gina Rinehart’s Hancock Prospecting is aiming to further diversify its operations by taking over Sydney-based Riversdale Resources, which is focused on developing a new coal project in Canada.
The federal government should offer Western Australia funding for power storage projects in proportion to its spending in the east, Energy Minister Bill Johnston says, while moves to introduce reserve capacity auctions and retail contestability locally are off his agenda.
A consortium of leading property developers and investors, including Fini Group, Minderoo Group and Linc Property, has today launched a major new industrial estate in Perth, the Roe Highway Logistics Park (RHLP).
Paladin Energy is preparing for a recovery in the uranium market, approving a prefeasibility study to evaluate restarting its Langer Heinrich mine in Namibia.
Tempo has secured a contract with Woolworths estimated to be worth between $20 million and $25 million over a three-year term, with a scope for more works over the contract term worth about $5 million.
Major changes to government policy after the federal election could risk future investment in backfill gas projects, some of which are already quite marginal, according to Shell Australia chair Zoe Yujnovich.
Southern Cross Electrical Engineering has reported a net profit after tax of $4.5 million for the first half of the financial year, a rise of 66 per cent from the prior corresponding period.
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After acquiring custom engineering firm Groves Manufacturing & Tooling on January 1, Nexxis will restructure and rebrand its new acquisition under the name SixDe, as it pushes into the robotics industry.
Oil futures steadied overnight on signs that OPEC plans to maintain production cuts despite pressure from US President Donald Trump, whose comment criticising rising crude prices sent the market into a tailspin a day earlier.
Palladium broke past $US1,550 an ounce for the first time overnight on the back of intensifying supply deficit, while gold steadied after US Federal Reserve Chairman Jerome Powell reiterated the central bank's patient stance in further rate hikes.
Five years after being the subject of high profile police raids and multiple charges, the legal saga facing three Perth business people is over due to failures of the prosecution deemed “totally unacceptable” by the judge.
One of the leading Liberal Party of Australia pre-selection candidates for Curtin, Celia Hammond, has already come under fire from former Subcontractors WA chair Louise Stewart, who is likely to run as an independent candidate for the seat.
Zenith Energy has reported a substantial decrease in first-half profit as it undergoes a transition, a week after local rival Pacific Energy delivered strong half-year results.
Primewest has added seven-storey CBD office building ENI House to its portfolio for $86 million, amid fierce competition from local and overseas investors.
Western Australia-based land developers Cedar Woods Properties and Peet have booked solid half-year profit lifts, with both companies’ diversified portfolios placing them on solid foundations for future earnings growth.
Altura Mining has announced it its closer to the production target at its Pilgangoora lithium project, after it made improvements to the processing plant.
Palladium hit a new record high overnight as the threat of strikes in the South African mining industry raised fresh concerns about a supply deficit for the metal, while gold held steady as the US dollar slipped on signs of a US-China trade deal.
