Chevron and Shell have singled out high costs as a major challenge facing Western Australia's ability to further develop its globally recognised oil and gas industry.
Perth-based Doray Minerals has posted $4 million in net profit for the six months to December, on the back of lower cash costs and solid growth in gold production.
The competition watchdog has proposed to cut prices that other operators pay Telstra to use its copper network to provide telecommunication services to consumers.
Bob de la Motte’s life story makes for interesting reading, for those familiar with his work at the heart of Perth’s financial world and as a historical and socio-political snapshot told through sport.
The Australian dollar has hit a fresh six-year low as the weakest business confidence in almost two years reminds traders another interest rate cut is likely.
Gold has fallen to a three-month low, pressured by the US dollar's rise to its highest in nearly 12 years and renewed expectations of a midyear interest rate increase in the United States.
Iron ore rivals BHP Billiton and Rio Tinto are united in their forecast more high-cost producers will leave the market, but have stopped short of predicting how Western Australia’s higher-cost producers will fare over time.
Perth-based minerals explorer Rift Valley Resources has signed a deal to wholly acquire the Mtemi Resources Group of Companies after completing a $4 million capital raising.
Subiaco-based minerals explorer TNG has signed an offtake agreement for vanadium from its flagship Mount Peake vanadium-titanium-iron project in the Northern Territory with South Korean-based Woojin.
Oil and gas modelling software provider Stochastic Simulation has entered into a $5 million deal to acquire modelling technology from Predrill Stresses International.
Atlas Iron non-executive director David Hannon has resigned from the company's board with immediate effect to focus on family matters, with the company yet to announce a replacement.
A mixed-use development site in Cannington with the potential to yield up to 1,000 apartments is expected to garner strong interest from from local, east coast and international developers, accordi
Australia’s biggest and lowest cost iron ore producer has hit back at claims it has flooded the market with supply, with Rio Tinto pointing the finger at its big Australian competitors.
Sino Gas and Energy Holdings has finalised agreements for the sale of gas from its Linxing Station to a Chinese energy investor, at $US9.62 per thousand cubic feet.
Perth-based PLD Corporation will proceed with acquiring three zinc and nickel projects, including collapsed miner Kagara’s Admiral Bay zinc project, now that it has secured about $10 million from two mining finance managers, including Resource Capital Funds.
Buyers have rushed to grab a slice of one of South Perth’s planned residential towers, with more than 60 per cent of the apartments on offer at Finbar Group’s Aurelia selling in the first weekend o
Wall Street stocks have notched solid gains following the launch of Apple's smartwatch and a General Motors announcement of $US5 billion ($A6.4 billion) in share buybacks.
Gold has steadied as the US dollar rally paused and European shares fell, but it remains near a three-month low after a US jobs report boosted expectations that the Federal Reserve would raise interest rates soon.
