Perth companies MCS Security Group and Intiga Security are planning to list on the ASX through a reverse takeover of Red Gum Resources, following a similar move by Threat Protect Australia, which is also pursuing a backdoor listing.
Carnegie Wave Energy's international growth has been boosted after the Scottish government awarded the Perth-based company a $4.3 million grant to develop a wave energy power conversion system.
Newmont Mining is pushing ahead with new exploration sites to extend the life of its Kalgoorlie operations, but says it will not encroach on the historic gold rush town.
Evidence is continuing to mount of weakness in the new housing construction sector, with sales of new homes down 1 per cent in June, the third consecutive month of declines in Western Australia.
Panoramic Resources has responded to the slump in nickel prices by halting production in the Deacon orebody at its Lanfranchi project, resulting in half the project staff being laid off over the weekend.
Perth’s median house price is either flat or on the nose, according to the latest analyses by market watchers CoreLogic RP Data and the Real Estate Institute of WA.
Sirius Resources has announced that it has nominated Belmont-based Zenith Pacific as its preferred tenderer to build, own, operate and maintain a combined diesel-solar power station at Sirius’ Nova nickel project in Fraser Range.
Perth-based company Empire Oil and Gas has announced that it expects to triple its cash sales this financial year as it begins tranche 2 of its gas sales agreement with Alcoa.
The Australian dollar has lifted against the greenback, which fell after weak US wage growth data raised concerns an expected Federal Reserve rate rise could be delayed.
Gold has reversed earlier losses as the dollar US fell after weaker-than-expected US data, but prices remain on course for their biggest monthly decline in more than two years on expectations the Federal Reserve will soon raise interest rates.
Boutique law firms Borrello Legal and Graham & Associates have joined forces, with principal partner Mark Borrello saying the merger would provide a solid platform to establish the company as a leader in property, commercial law, and dispute resolution.
The story of this reporting season will be a familiar one: companies with offshore earnings or exposed to the booming housing market doing well, while miners and the companies that service them suffer.
Australia's biggest lender to landlords has hiked interest rates for investors to meet the regulator's "speed limit", aimed at taking some of the heat out of the housing investment market.
Housing affordability in Western Australia is at its most favourable level in more than 10 years, according to new research by the Housing Industry Association.
Perth-based telecommunications business Vonex’s backdoor listing through acquisition by Aleator Energy has received a big boost after the Aleator share purchase plan closed 374 per cent oversubscribed.
RNI shares leapt this morning on news that the company is selling its Grosvenor gold project to Metals X in a scrip deal that will help the company refocus on its copper assets.
More progress has been made on the redevelopment of Garden City Booragoon, with AMP Capital lodging a development application for a $750 million revamp of the mall, which would make it the state’s