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.
Shares in medical dermatology company Botanix Pharmaceuticals, led by Perth-based chairman Graham Griffiths and executive director Matt Callahan, have jumped more than 20 per cent today after the company announced successful results from an acne patient study.
The Australian share market has closed higher after a strong lead from US stocks and with more investors looking to the share market as a potentially better alternative to property.
Perth-based Atlas Iron has repaid $20 million of debt to reduce its term loan to less than $85 million, while also continuing to pursue diversification opportunities in copper and lithium.
SPECIAL REPORT: LandCorp is boosting land supply across Perth’s established suburbs, but it’s just a small step towards achieving long-standing goals for urban infill.
SPECIAL REPORT: Urban Quarter has taken a counter-cyclical approach in building its project pipeline, securing more than $70 million worth of freehold land developments in the past four years.
SPECIAL REPORT: Another tough year has failed to dampen the spirits of many in WA’s land development sector, with key players gearing up for a brighter 2018.
The end of the mining construction boom continues to cause economic pain for Western Australia but strong employment growth paints a very positive future, according to Treasurer Ben Wyatt.
The Supreme Court of Western Australia has more than doubled the penalty handed down to South Australian trucking company Cleveland Freightlines following an appeal by WorkSafe.
Lotterywest has increased funding for Fringe World Festival and Sculpture by the Sea, committing $1.9 million to the month-long arts festival and $77,000 across a three-year partnership with the co
Commonwealth Bank has turned down the chance to signal a fresh start at the scandal-hit lender, instead promoting insider Matt Comyn to "rebuild trust" as its new chief executive.
The business community and unions may both support reducing the gender pay gap, but their divergent approaches to a solution present a stark choice for policy makers, if submissions to a review of industrial relations laws are any guide.
The increasing uptake of automation, artificial intelligence, and digital technologies in the resources sector has led Core Skills to launch a pilot program designed for mining and energy employees.
Japanese group Mitsui & Co. has announced a surprise $600 million takeover bid for AWE, trumping two existing bids for the oil and gas producer, with the main attraction being AWE’s Waitsia gas project north of Perth.
Oil prices rose on Friday after hitting fresh three-year highs in the previous session, as weakness in the dollar continued to underpin prices with crude on track for a weekly gain.
PODCAST: In this Business News podcast Mark Pownall, Matt Mckenzie, and Katie McDonald discuss the Quintis collapse, Wheatstone’s environmental conditions, Doric’s Chinese joint venture, wage gap battle, Fringe festival and land developers.
AWE has urged shareholders to take no action on a takeover offer from the state-run energy giant China Energy Reserve and Chemical Group, which remains unchanged from its initial bid of 73 cents per share, after it lodged its bidder's statement.
GR Engineering Services says it will continue to pursue legal action against Eastern Goldfields in relation to a contract for refurbishment at the miner’s Davyhurst operation, despite the Supreme Court yesterday referring the matter to arbitration.
Not-for-profit organisation Dress for Success has secured a new six-month tenancy in West Perth, donated by local landlord Robert Harold McComb, via a listing with JLL.
A group of shareholders in life sciences company eSense-Lab has requisitioned a general meeting to remove three directors, including chief executive Haim Cohen, while also seeking to appoint MMJ Phytotech managing director Andreas Gedeon and Otsana Capital founder Faldi Ismail to the board.
Engineering and construction group Valmec has secured new contracts in the gas and infrastructure sectors worth $7 million, including work for APA Group at its Yamarna gas pipeline facility.
David Jones' South African owner Woolworths will take a $713 million write-down on the value of the department store chain as Australia's tough retail market bites harder into the business.
