Resources companies look set to get out their drill bits this year, with the number of exploration applications made to the state government up nearly 50 per cent in the March quarter compared to the same period in 2016.
Perth company AusCann Group Holdings has become the seventh applicant to gain regulatory approval to cultivate medicinal cannabis in Australia, with the news lifting its share price by 17 per cent today.
West Perth-based Liquefied Natural Gas has scored a tick from a US regulator for initial site work at its Magnolia project in Louisiana, although a final investment decision won't be made until it has finalised offtake partners.
Resources hopeful Talisman Mining has secured a $23 million debt financing agreement to fund the Monty copper and gold project which is to be built in a joint venture with Sandfire Resources.
Scarborough’s sand dunes have gotten an 11th hour reprieve after the state government honoured an election commitment to rework planned road extensions, while businesses disrupted by a $75 million redevelopment program along the beachfront have been given a lifeline.
North Fremantle-based fashion label Empire Rose is one of three local brands to have secured deals in China in recent weeks, following the Fashion Council WA’s partnership with its Chinese counterpart.
Leederville-based cycling products developer Cycliq has completed a $2 million placement and plans to raise an additional $1.5 million through a rights issue, a week after the company’s two founders stepped down from their executive roles.
The Australian Competition and Consumer Commission on Friday said in a draft decision it had decided against declaring a wholesale domestic mobile roaming service because there was insufficient evidence to show this would improve overall competition.
Henderson-based shipbuilder Austal will open an Adelaide office for shipbuilding design and project management as it seeks to win a $3 billion federal government contract to build 12 new offshore patrol vessels.
The Australian share market has continued its downward move in early trade, with steep losses in the mining and energy sectors offsetting a bounce in financial stocks.
Corporate Australia wants Canberra to deliver wider tax cuts for business and boost "good" spending in the federal budget next week, even as it urges the politicians to agree on a quicker path to a budget surplus.
Oil prices have plunged to five-month lows amid record trading volume in Brent crude, as OPEC and other producers appeared to rule out deeper supply cuts to reduce the world's persistent glut of crude.
Gold prices have fallen to the lowest in more than six weeks, on expectations of further US interest rate increases this year and receding political uncertainty in Europe.
Following on from its two contract wins announced in the previous edition of Business News, Maintenance and Construction Services Australia has been awarded the $2.3 million contract for c
Qantas has forecast a better-than-expected annual underlying pre-tax profit of between $1.35 billion and $1.4 billion, the second largest in its history, on the back of the strength of its domestic operations.
The cost of developing land needs to be reduced to properly address housing affordability, according to the new national chief executive of the Master Builders Association.
The global company that runs many of WA’s mine camps believes a technology platform developed with local ICT firm Velrada provides a blueprint for its international operations.
A former New Zealand bureaucrat has been appointed to lead a three-person panel that will conduct a review into the state’s public service, where Premier Mark McGowan is targeting $750 million in savings.
Merchandise exports from Western Australia were up 35.4 per cent in March compared with that same month in 2016, as a clear trend emerges of improving trade figures for the state.
Heron Resources has awarded CIMIC Group subsidiary Sedgman a $107 million engineering, procurement and construction contract for a processing facility at its Woodlawn zinc-copper project south of Sydney.
