In the first of four extracts from Peter Kennedy’s recently released book, Tales from Boom Town, the author looks at the first WA Inc deal and the introduction of fly in, fly out mining in WA.
Gold futures retreated on Thursday as upbeat economic data pushed US equities higher, reanimating investor appetite for risk and damping interest in haven assets.
Founding director of Perth-based global mining software developer Micromine, Graeme Tuder, has joined the ranks of some of Australia’s biggest names in exporting after being named an Australian Export Hero.
Rio Tinto chief executive officer Sam Walsh and chief financial officer Chris Lynch have both had their contracts with the mining giant extended to open-ended tenures.
Supply constraints are hampering land sales across Western Australia, which have declined significantly in both the metropolitan area and regional centres, the Housing Industry Association says.
Neptune Marine Services has won a 12-month contract extension from engineering firm Monadelphous Group for marine facilities inspection and maintenance work for an undisclosed amount.
The Commonwealth Bank of Australia has raised the bar on education qualifications for financial planners across its wealth management business as it attempts to move on from the shoddy financial advice scandal.
Mining and civil engineering firm MACA has received a letter of intent to provide mining services to Beadell Resources’ Tucano gold project in Brazil, with the value of the deal yet to be finalised.
Atlas Iron has made significant cost savings in the September quarter and increased its production guidance, but lower prices have delivered only marginal profits.
The excitement of increased activity in recent weeks has seen more vendors bring property to the market with listings jumping by a further 490 or 4% this week to 11,598, the highest level since mid-July 2012.
World oil prices have sunk further as US stockpiles surged again, with the New York price falling nearly $US2 a barrel to its lowest level in 16 months.
National Storage is set to add Western Australian property portfolio, buying an existing centre in Forrestdale for $11 million while at the same time acquiring the management rights for a new centr
Buru Energy has received a quarter of its maximum allowable $12 million in subscription applications for its share purchase plan following a recent $28 million placement.
Cape Lambert Resources says it will provide $US20 million through a financing agreement to Timis Mining Corporation to help fund its acquisition of the collapsed London Mining’s Marampa mine assets.
