Global Energy Ventures has raised $6.7 million through a share placement, with the proceeds to be used on the development of the company’s compressed natural gas technology.
Australia's inflation rate has risen slightly in the December quarter, lifting the annual headline rate closer to the central bank's target range of between 2 per cent and 3 per cent.
The Australian stock market has opened lower, after Wall Street's Dow Jones index suffered its largest two-day fall in well over a year, and most commodities prices also fell.
Perth-based GM Property Group has sold its 4.1-hectare industrial site in Blackburn Victoria to east coast investment group Forza Capital for $31.5 million, on a passing yield of 6.6 per cent.
Oil prices have fallen for a second day, driven by ongoing evidence of rising US crude output, while wary investors sold off stocks, bonds and commodities.
Western Australian builder Choiceliving (WA), which trades as Choice Living Homes, has been placed into administration less than one week after its building contractor registration was suspended.
A critical ruling by the corporate regulator has forced Quintis investors to adjourn a meeting that was called to appoint a new responsible entity for their 2002 sandalwood project.
The state’s organic wine market may be small but its product is in strong demand, according to local wine producers, with Blind Corner among a handful of growers planning to expand local operations and export activity.
Chinese group Citic has decided to appeal a ruling from the Supreme Court of Western Australia ordering the company to pay Clive Palmer nearly $US150 million in royalties on its Sino Iron project in the Pilbara.
Building approvals in Western Australia have dropped to the lowest levels in 16 years, according to the latest figures from the Australian Bureau of Statistics, while a new housing affordability survey has labelled the Perth housing market ‘severely unaffordable’.
First-half profit at education provider Navitas dropped more than 50 per cent in FY18 on the previous corresponding period, but chief executive Rod Jones said the company was tracking for growth in 2019.
Perth has been selected to host 11 matches during the International Cricket Council World T20 tournament in 2020, in line with the country’s other major cities.
Local explorer De Grey Mining will proceed with a $15 million acquisition of the Indee gold project, located near Port Hedland, from private company Northwest Nonferrous Mining Australia.
Bert Giancristofaro will play to the strengths of the Jus Burgers brand after taking ownership of the business last year, with his immediate priority being store refits and fine-tuning the customer experience.
Uranium explorer Vimy Resources has released a positive definitive feasibility study for its Mulga Rock project, located east of Kalgoorlie, but the report is based on the assumption of a near tripling in the current uranium spot price by 2021.
The global lithium supply chain will be worth more than $1 trillion in 10 years' time, if an analysis written for the Association of Mining & Exploration Companies pans out, with Western Australia well placed to grab a share.
The rise of robo investment advice will prompt those with long memories to recall what happened last time computer algorithms were used to manage investments.
Gold miners Perseus Mining, Ramelius Resources and Evolution Mining have all released positive quarterly reports today, with Ramelius upgrading its full-year guidance and Evolution confident of reaching its target comfortably.
Australian shares have opened lower dragged down by falls in energy and mining stocks and after Wall Street backed off from record levels they reached last week.
Quintis investors hoping to appoint a new ‘responsible entity’ to have oversight of their sandalwood project will need to change plans after the corporate regulator said their two preferred entities were not eligible to take the role.
Oil prices have fallen, pressured by a strengthening US dollar and rising US crude output, but prices remained on track for the biggest January increase in five years.
Rio Tinto’s decade-long move towards autonomous haulage has hit a big milestone, with 1 billion tonnes of iron ore and waste material now transported by driverless trucks.
Westgold Resources Limited (ASX:WGX) (Westgold) is pleased to advise that its wholly owned subsidiary, HBJ Minerals Pty Ltd (HBJ) has signed mining tribute agreement over Cannon Mine area.
Shares in AWE jumped 16.5 per cent today after Japanese group Mitsui & Co became the third bidder for the oil and gas producer, which is the operator and half owner of the Waitsia gas field north of Perth.
