A Botswana copper mine is one step closer for Mod Resources after the company completed a $5.5 million institutional raising to accelerate the possible T3 development.
Australia has managed to hold on to its prized triple-A rating despite the federal government forecasting a deterioration in the budget bottom line in the medium term.
SPECIAL REPORT: Many politicians, including senior government ministers, go through their careers as ‘grey’ men or women, barely getting noticed and having little impact; the same could never be said of Brendon Grylls.
The competition watchdog said today it planned to deny authorisation to a proposed partnership between Virgin Australia Holdings and Alliance Aviation Services because it would lessen competition in the West Australian market.
A $69 million gas storage facility will be built near Onslow by Duet Group subsidiary DBP Development Group to help producers and consumers smooth production profiles and cover planned outages.
Fortescue Metals Group said today its proposed joint venture with larger Brazilian miner Vale, for blending their iron ore at key Chinese ports, could fall over.
Gold rose on Friday, climbing above the prior session's 10-1/2 month low, as the dollar and US stocks dipped at the end of a volatile week highlighted by the Federal Reserve's signal that there could be more rate hikes than previously expected in 2017.
Oil rose on Friday, edging closer to new 17-month highs, after Goldman Sachs boosted its price forecast for 2017 and producers showed signs of adhering to a global deal to reduce output.
Copper prices fell on Friday after two days of gains as rising stocks in London Metal Exchange warehouses and signs of softer demand from China dragged the metal further away last month's 17-month peak.
The Australian dollar has slipped again against its US counterpart, which has further strengthened after the US Federal Reserve said it is looking to tighten policy again next year.
The Australian share market has closed lower, weighed down by weaker resources stocks, as investors ponder more potential interest rate hikes in the US in 2017 than had been expected.
Henderson-based shipbuilder Austal has won a $22 million contract for a high speed passenger catamaran to be used in Germany, but it will be built in the Philippines.
Sandfire Resources has encountered problems at its $40 million solar farm at the Degrussa copper mine, about six months after an ASX announcement suggested the power plant had been successfully commissioned.
Not-for-profit executive Jenny Allen is set to leave her current position at the 500 Club after less than a year in the role to become director of the Western Australian Museum Foundation.
In this Business News podcast, Mark Beyer and Dan Wilkie discuss residential property outlook, Monadelphous and Civmec diversify, Nev Power, Adrian Fini and Brendon Grylls are our people of the yea
Engineering and construction contractor Civmec said today it planned to spend up to $80 million establishing a new shipbuilding facility at Henderson, and use it as a springboard into the federal government’s $89 billion naval build in the coming decade.
Two days after some of Emeco Holdings’ large creditors blocked a major restructuring, they have reversed their stance after being given an opportunity to acquire more equity in the group.
Fans won’t have to walk far for refreshments before and after events at the new Perth Stadium, with a 2,500-person capacity tavern and microbrewery to be built adjacent to the Swan River pedestrian bridge on the Burswood Peninsula.
A group of One Nation supporters has lodged an objection to Pauline Hanson registering her party in Western Australia ahead of next year's state election.
National Australia Bank has called for greater leadership from government and more collaboration with business to help lift slow economic growth and create jobs.
The Australian dollar has dropped as the US dollar gains further ground following the US Federal Reserve's recent interest rate hike, with the central bank forecasting another three rate rises next year.
