Australian shares have opened lower following a mixed lead from Wall Street's key indices and despite a generally strong performance across the commodities market.
Three building companies with strong indigenous links have been appointed to a panel that will handle at least $25 million of state government housing work in the Pilbara and Kimberley regions.
Peninsula Energy has signed an agreement to sell a portion of its interests in an existing long-term uranium sale and purchase deal for $US19 million ($23.7 million).
Copper and gold explorer Stavely Minerals has raised $8.3 million via a share placement and share purchase plan, with the company completing drilling programs at a number of tenements on the east coast.
Aspiring mineral sands miner Sheffield Resources has signed an offtake agreement with a Chinese processor for nearly 20 per cent of the planned zircon production at its Thunderbird project near Derby.
Mining services company Ausdrill has received a letter of intent for a three-year contract worth $180 million with Mineral Resources at its Wodgina lithium mine in the Pilbara.
Belmont-based Pindan has been awarded a $23.4 million contract at Cape Naturaliste College, south of Busselton, while FIRM Constructions has won a $2.5 million government contract.
Global Advanced Metals has submitted a development plan to begin direct tantalum mining at Greenbushes in Western Australia’s South West, as it continues legal proceedings against the company that mines lithium at the same site.
Collaboration is key for the launch of the West Australian Ballet’s 2018 season, as ballerinas and indigenous dancers come together to perform the contemporary work Milnjiya, while opera singer Deborah Cheetham provides support with a score of traditional indigenous sounds.
Perth house prices fell 0.4 per cent in January, according to the latest data from CoreLogic, though its figures have disguised big gains in some of Perth’s more affluent suburbs.
The 2016 Aboriginal Western Australian of the Year, Rishelle Hume, has today launched a new not-for-profit organisation with Robyn Smith-Walley that aims to overcome Aboriginal disadvantage.
Tap Oil has announced the resignation of four of the company’s directors, including executive chairman James Menzies and Peter Mansell, with two nominations from major shareholder Risco Energy Investments appointed as replacements.
The Australian share market is stronger during morning trade following a positive lead from Wall Street and positivity over the local company earnings season.
Early signs of recovery are starting to emerge across Perth’s CBD office market, with vacancy rates falling below 20 per cent for the first time in two years, according to the Property Council of Australia.
Oil prices have rebounded from earlier losses to end higher, after the US Energy Department said oil inventories rose for the first time in nearly three months, but was offset by strong demand for gasoline and distillate products and news that OPEC countries maintained heavy supply cuts in January.
Oil and gas producer AWE has given suitor Mineral Resources three business days to match a superior proposal lobbed by Mitsui & Co, after reaching an in-principle agreement with the Japanese firm.
Robotic technology and the internet of things will dramatically change employment patterns, accident rates and digging costs in the mining industry over the next three years, business advisory firm BDO has boldly predicted.
Malaga company Galvin Engineering has developed Australia's first lead-free drinking tap as the state government deals with new revelations of lead contamination in taps at a number of Western Australian schools.
Perth-based building systems manufacturer Pro9 Global has completed an $8 million capital raising that will fund the construction of a manufacturing plant in Sydney.
Copper explorer MOD Resources has released a favourable pre-feasibility study for an open-pit mine at its T3 project in Botswana, which has an estimated annual free cash flow of $US77 million ($95 million).
Wesfarmers subsidiary EVOL has won a long-term contract to supply LNG to the power station and the process plant at Gascoyne Resources’ Dalgaranga gold project in the Murchison region.
