Hot Chili has secured US$25 million in debt funding which will be partially used to complete its prefeasibility study at its Productora copper project in Chile.
About 800,000 businesses will benefit from a company tax cut from mid 2015 while miners stand to gain from exploration incentives announced in the federal budget.
Explosives and chemicals maker and supplier Orica's half-year profit has slumped, with strong demand from miners in the Pilbara region largely offset by flat sentiment on the east coast.
In this week's edition of Business News Background, head of content Mark Pownall and news editor Mark Beyer discuss the state budget and its implications for business, plus the upcoming federal budget, Aquila Resources and Esperance Port.
Red Mountain Mining expects to complete by the end of the year a definitive feasibility study at its Batangas gold project in the Philippines after appointing Como Engineers to undertake the initiative.
The state's gold sector fears it will be tapped for hundreds of millions of dollars in additional royalty revenue banked by the Barnett government in its latest budget.
Rio Tinto chairman Jan du Plessis has given shareholders a pessimistic view of global financial markets in the short to medium term at its annual general meeting in Melbourne.
Stamp duty concessions for first home buyers appear set to be trimmed, with Premier Colin Barnett hinting the change will be among measures introduced in tomorrow's state budget.
Woolworths says it has terminated its relationship with one of its fruit and vegetable suppliers in Western Australia after it was alleged the supplier was linked to money laundering and harbouring illegal overseas workers.
Brierty and three Aboriginal contracting firms have won a $300 million contract with Rio Tinto to complete mining and civil works on a project in the Pilbara.
The Federal Government’s commission of audit has outlined 86 recommendations aimed at saving the budget up to $70 billion annually, with pensions, Medicare benefits, tax concessions and public service jobs all in the firing line.
A Perth-based liquidator has failed to adequately carry out its duties and been ordered to improve its procedures following an investigation by the Australian Securities and Investment Commission.
The final results of the re-run Western Australian Senate election have been announced, confirming Labor's assumption it has missed out on a second seat.
Western Australia’s Environmental Protection Authority will assess the Barnett government’s proposal to extend its controversial catch-and-kill shark policy for a further three years.
WA-based food company FFI Holdings has agreed to lease part of its 50,000 square metre Jandakot investment property, which is expected to provide annual revenue of $740,000 to the company.
iiNet has appointed an experienced online business executive and a digital marketing expert to its board, following the recent departure of two directors and the retirement of chief executive Michael Malone.
BHP Billiton has raised its full year guidance for iron ore and metallurgical coal production after achieving record output so far this fiscal year, but has trimmed guidance for petroleum production.
Under-fire Western Australian senator-elect Joe Bullock says he was surprised when a key union affiliated with Labor said he should step down over controversial comments, labelling the attack "wrong" and "silly".
Beverages giant Lion says being dumped as Woolworths' milk supplier in Western Australia for rival Brownes will affect production volumes at its Bentley milk processing plant.
More job losses are on the cards in the eastern states, with BP closing its Bulwer Island refinery in Brisbane and cigarette maker Philip Morris closing its Australian manufacturing operations.
Billionaire Kerry Stokes' Seven Group Holdings has lodged a takeover bid for debt laden oil and gas company Nexus Energy, in a deal that values Nexus at $26.6 million.