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.
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.
