Perth-based contractor NRW Holdings has rattled the tin for $20 million to reduce its debt levels and place the company in a better position to pursue future opportunities.
Pilbara Minerals boss Ken Brinsden said today there was a reasonable chance the company would double the production capacity at its Pilgangoora lithium project, after releasing a definitive feasibility that confirmed the positve economics of its base-case development.
Shares in TPG Telecom, which purchased iiNet last year, have plunged almost 19 per cent with investors disappointed by its underlying results, dividend and outlook.
Colin Barnett has seen off an attempted spill motion at today’s party room meeting by 31 votes to 15, emerging with what he claimed was a united Liberal team after a ‘therapeutic’ exercise.
Oil prices have rallied rallied before settling off their highs on scepticism over Venezuela's bid to talk up a potential OPEC output freeze and on indications US crude stockpiles have risen.
Gold prices have risen as the US dollar has slipped but gains were capped by jitters ahead of a Federal Reserve monetary policy meeting and a rise in US government bond yields.
Morrison rebuffs idea of RBA using QETreasurer Scott Morrison has rebuffed the notion that the Reserve Bank of Australia would resort to using quantitative easing, or bond
SPECIAL REPORT: Some of Western Australia’s biggest gold miners plan to boost their exploration spend in the coming year, with Saracen Mineral Holdings and Northern Star Resources among those committed to putting increasing amounts ‘into the ground’.
GrainCorp-backed Australian Grains Champion has written to Western Australian growers withdrawing a bid launched in February to corporatise and list cooperative grain handler CBH Group.
SPECIAL REPORT: Innovation is a key plank of Resolute Mining’s strategy to keep costs down and extend mine life, managing director John Welborn told Business News, while acknowledging the pressures such a plan placed on capital and human resources.
The Australian share market has lost ground during a day plagued by technical glitches that delayed the market open and eventually forced a premature end to equities trading.
Victoria’s Labor government has reaped a bumper price of $9.7 billion from the sale of the Port of Melbourne, suggesting the WA government could potentially raise in excess of $2 billion from the sale of Fremantle Ports.
Whether Premier Colin Barnett stays or goes is a political decision, but it would be unwise for anyone to imagine that a change at the top of government will not have a significant effect on the way business is conducted in Western Australia.
Wellard chief executive Mauro Balzarini has sold a big chunk of his stake in the local agribusiness to a Chinese firm and repaid the company $16.3 million through his private investment vehicle.
Mineral Resources is a step closer to developing its bulk ore transport system (BOTS) in the Pilbara after the project was recommended for approval by the environmental watchdog.
Colin Barnett says he is confident he has the support to continue as premier if there is a leadership spill this week, following the resignation of ministers Dean Nalder and Tony Simpson over the weekend.
Crude oil prices fell two per cent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while petrol rallied on refinery and pipeline outages.
Gold has fallen to a two-week low after data showing faster-than-expected growth in US consumer prices in August helped support the case for the Federal Reserve to raise interest rates later this year and the US dollar jumped.
PM to push US over TPPPrime Minister Malcolm Turnbull will tell United States congressional leaders and policymakers this week that commerce and trade are as powerful as ‘
In this Business News podcast Mark Pownall and Mark Beyer discuss newspapers merger, law firms growth, tourism down south and what’s happening in the gold sector.
Indigenous corporations in Western Australia have experienced a fall in average income for the first time in five years, though the state’s largest Aboriginal corporations, listed in the BNiQ Search Engine, have defied the downturn.
PHOTO ESSAY: A month before the Telstra Perth Fashion Festival, more than 150 models fronted an industry panel in the hope of being selected to walk the runway in one of the fashion parades during the six-day event.
A Productivity Commission report, and moves by giant international tech companies, could bring significant changes to Australia’s copyright laws, and we all stand to lose.
