Electrical contractor ECM Global Project Partners has signed two contracts for work on the Roy Hill and Sino Iron projects in the Pilbara worth $110 million collectively.
Wealth manager Macquarie Group's profit has surged by 35 per cent on the back of strong demand for fixed-income investments and a weakening Australian dollar.
Michael Malone has warned that bureaucracy within iiNet could ‘choke’ the company because it’s stifling the internet service provider’s ability to remain innovative.
The consumer watchdog is "painstakingly" sifting through data to ensure households are paying less for their electricity after the repeal of the carbon tax.
Newcrest Mining is considering changing its remuneration structure in response to criticism over what some see as the company's generous salary packages.
ANZ Banking Group's chief executive thinks the world can handle the end of US economic stimulus measures but warns that Australia's Financial System Inquiry may damage the local economy.
Pluton Resources has disclosed that its joint venture partner at the Cockatoo Island iron ore mine wants it removed as manager of the project and has called for it to halt mining operations.
World oil prices have fallen back after two days of modest gains, as the market was not encouraged by a stronger-than-expected estimate of US economic growth in the third quarter.
Gold prices have slid to the lowest level in nearly a month and other precious metals have also fallen sharply, as hawkish comments from the Federal Reserve and strong US economic data indicate the central bank could raise interest rates sooner than expected.
Nickel miner Western Areas is getting closer to marketing a unique bacterial leaching project that will improve its profits by enhancing the grade of concentrate it can produce.
Shares in Blackham Resources have plummeted after it announced it had received commitments for $3.15 million at 11.5 cents per share to fund exploration and development studies at its Matilda gold project.
Shares in Kimberley Diamonds closed 25 per cent higher today after the company announced it had entered into a subscription agreement to raise $4.37 million from a Chinese institutional investor.
Money is moving out of iron ore but where it goes next is the more interesting question, because it seems that some investors are developing a taste for agriculture – a shift that might prove to be a case of leaving the frying pan to land in the fire.
Perth looks set to have its own indoor skydiving facility after Sydney-based leisure firm Indoor Skydive Australia announced it had signed an offer to lease a block of land in Belmont to construct a 4.2-metre vertical wind tunnel.
New home sales are continuing to decline in Western Australia, falling 5.6 per cent in September, according to the latest report from the Housing Industry Association.
Andrew and Nicola Forrest’s Minderoo Foundation is pushing for a Western Australian early learning centre to become the template for a national strategy.
Melbourne-based nickel explorer PLD Corporation has signed an option agreement to buy collapsed miner Kagara’s Admiral Bay zinc project in the Canning Basin for a cash and shares package worth up to $7 million.
A Chinese animation company has agreed to help fund construction of a speciality movie production studio in Bunbury which could see the South West town become a national centre of excellence.
