Echo Resources and Metaliko Resources are expected to announce a tie-up this week, after the two ASX-listed companies with assets in the eastern Goldfields region announced trading halts today.
Perth-based private mining contractor Barminco has posted a 30.7 per cent rise in operating profit for the 2016 financial year, with the company optimistic about prospects in the gold sector for the year ahead.
Gold has fallen as the US dollar and stocks gained ground on the view that Democratic US presidential candidate Hillary Clinton got the better of Republican rival Donald Trump in their first debate, denting the safe-haven appeal of bullion and bonds.
Tourism slams departure tax slugAn angry tourism sector is unhappy the government has increased the departure tax – which already raises $1 billion a year – to help fund a
Engineering business VEEM is forecasting strong growth in revenue in the current financial year but a fall in profit, the family owned company has disclosed in the prospectus for its $25 million initial public offering.
Japanese fashion retailer Uniqlo will open its first Western Australian store in Perth’s Murray Street Mall, with a flagship two-level shop anchoring a $6 million redevelopment of Plaza Arcade.
The Australian share market has finished lower, however it did claw back some earlier losses following signs Hillary Clinton may be leading Donald Trump after the first US presidential candidate debate.
Software technology company Veriluma has wrapped up its first day of trading on the ASX, after completing a reverse takeover of Perth-based Parmelia Resources.
Western Australia’s hospitality and agricultural industries have welcomed the federal government’s decision to amend its planned backpacker tax, but the tourism body says it will cost the state jobs nevertheless.
Perth-based Scope Training has been recognised in the WA Training Awards for the second consecutive year, while engineering firm Civmec has also taken a top honour.
Lithium projects in Western Australia are set to inject almost $1 billion of new investment into the state's economy as the past year’s surge in commodity prices and stock valuations turn into tangible commercial benefits.
The Australian dollar has gained against the US dollar as investors await the US presidential debate with Republican candidate Donald Trump and Democrats Hilary Clinton.
Oil has settled up three per cent as the world's largest producers gathered in Algeria to discuss ways to support prices, with nervous trade driving volatility to its highest since a similar meeting to freeze output in April in Doha which failed.
Gold has steadied, after a retreat in the US dollar helped it build on last week's gains but moves were muted with markets awaiting a US presidential debate for pointers as to the outcome of November's election.
Labor says bank profits are too highFederal Labor MP Pat Conroy will demand to know why Australian banks have higher returns on equity than those in other countries when h
In this Business News podcast Mark Pownall and Mark Beyer discuss state politics, lithium developments, financial failures and our special report brewing.
Fortescue Metals Group has started the search for a new chief financial officer after Stephen Pearce handed in his resignation to pursue an international role, on the same day the iron ore giant announced the appointment of a new director of operations.
