Aspiring uranium miner Bannerman Resources chief executive and managing director Len Jubber has resigned after seven years at the helm, with his shoes to be filled with former general manager Brandon Munro.
US stocks have ended near the lows of the day as energy shares tumbled alongside the price of oil and soft Chinese trade data rekindled fears that the global economy is weaker than expected.
Gold has turned lower, falling below last week's 13-month high on profit-taking as the market's recent rally appeared to lose momentum ahead of the next US Federal Reserve meeting.
Wesfarmers managing director Richard Goyder, finance director Terry Bowen and non-executive director James Graham have sold a combined $12.1 million worth of shares, predominantly for tax purposes.
The recent BHP Billiton organisational restructure will drive productivity improvements without significant operational job losses, according to new BHP operations president of Australian minerals Mike Henry, although the company won’t commit to a deadline for its targeted 290 million tonnes per annum iron ore run rate.
To most people it seems inconceivable that a bank would pay its customers to borrow money, but that scenario was played out, albeit briefly, in Denmark last year, when homebuyers were on the winning side of negative interest rates.
Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.
Shares in local explorer Primary Gold closed nearly 40 per cent higher on news it had recruited three new board members, who also happen to be shareholders in the company.
The corporate watchdog has told the public to steer clear of a potential scam website that uses the same registered business name and the same business number as the recently privatised Market City.
Local tech firm Shark Mitigation Systems has launched a prospectus for a $4 million IPO, while two other WA companies have revised their plans for backdoor listings.
SPECIAL REPORT: The ubiquitous influence of the internet in modern business has brought an uptick in investment in Perth’s data storage capacity, and into new high-speed subsea cables.
Wesfarmers subsidiary EVOL LNG has won a contract to supply LNG to the power station at Doray Minerals’ Deflector gold project in the Murchison region for an undisclosed sum.
A former staffer to two Western Australian premiers and current Vincent Mayor John Carey is seeking Labor preselection for the seat of Perth at the next state election.
Energy and materials stocks are leading the Australian share market higher in the wake of a meteoric rise in iron ore prices and a strong performance by oil.
Six-and-a-half years after Chevron started development of Australia’s single largest resources project, the $US54 billion Gorgon liquefied natural gas (LNG) plant has commenced production, though it is by no means complete.
Fortescue Metals Group and Brazilian competitor Vale are looking to reshape the iron ore market, announcing this morning plans for Vale to invest in FMG's mining operations and for the two companies to form a joint venture to sell blended ore into China.
Gold rose on Monday, hovering just below last week's 13-month high as the US dollar turned lower, while a fall in average US earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting.
The Dow Jones industrial average and the S&P 500 index closed higher on Monday as a spike in energy shares offset sharp declines in large-cap technology names, which dragged down the Nasdaq.
Offshore oil and gas services firm Aecor Group has expanded through the acquisition of industrial rope access and inspection company Vertical Services.
New car sales have again fallen in Western Australia, down 2.2 per cent in the first two months of the year compared to 2015, with Holden and Hyundai the worst hit.
Former Skilled Group executive David Timmel has been appointed to the top job at Perth Markets, the newly formed company that has acquired the Perth Market Authority’s Market City.
A lobby group set up to defend a major component of Western Australia’s oversupplied electricity market has stepped up its political stunts today presenting a large likeness of a gold watch as a symbol that it's time to retire Muja AB power station.
As five women and one male champion were honoured at this year’s Chamber of Minerals and Energy’s women in resources awards, Premier Colin Barnett declared the resources industry to have reached a mature level of growth that will likely be eclipsed by advances in the state’s other sectors.
