Perth-based developer Twin Ocean Group has launched two major projects in Brisbane with a combined end-value of $300 million, with the developments largely funded by a network of Western Australian high net-worth investors.
Rio Tinto has sold its Rio Tinto Coal Mozambique subsidiary, including the major assets acquired in its $3.9 billion purchase of Riversdale Mining in 2011, for just $US50 million.
The heads of Western Australians universities have publicly warned the proposed legislative changes to higher education could reduce the level of public good universities provide and threaten more expensive fields of study such as medicine and science.
Perth based junior airline Cobham Aviation Services has been awarded a contract to provide fly-in, fly-out services to two Gold Fields Australia mine sites in Western Australia.
Valmec Australia, formerly known as MCore Services and Marsh Civil, has secured contracts worth $10.5 million through its gas and multi-discipline divisions across a number of WA based industries including land infrastructure, engineering services and civil works.
Gold and mineral explorer Renaissance Minerals has completed a $6 million equity placement to fund acceleration of exploration and drilling activity at its fully owned Cambodian gold project.
Regis Resources has warned shareholders it faces up to $280 million in write-downs and is putting exploration and feasibility work at its McPhillamys gold operation on ice due to a lower prevailing
Oil prices in New York have fallen on a weak US crude demand outlook, while European oil prices have risen on concerns about Libya and new European Union sanctions on Russia.
US stocks have finished lower after the United States and European Union broadened sanctions on Russia, overshadowing US economic data and earnings reports.
Potash West has announced it will farm into a historic potash producing region of Germany under a joint venture agreement, with a right to earn 55 per cent if it funds early exploration activities in the South Harz potash district.
Austbrokers Holdings has expanded into the Western Australian broking sector with the purchase of a 50 per cent interest in Bunbury-based insurance broker NEXUS Risk Services.
In the final installment of our four-part series on EY Entrepreneur of the Year nominees, we talk to chief executives of six contracting and consulting businesses.
Owners of graphite stocks have enjoyed strong returns during the past year on the back of demand for the mineral’s use in lithium ion batteries, however it is the potential to tap new markets that has some in the sector even more excited.
The private developer of a 150 megawatt power station with contracts to Fortescue Metals Group has announced the all inclusive cost of the project will be $570 million.
New home sales rebounded slightly in Western Australia in June, following the first fall in 2014 in the previous month, according to the latest research from the Housing Industry Association.
Education provider Navitas has confirmed it is in advanced negotiations with US-based and other global learning institutions, saying it would reveal details of a partnership as early as this week.
Gold producers Resolute Mining and Troy Resources have released their quarterly activities reports for the June quarter, with Troy’s share price falling more than 22 per cent on the results.
Property transactions in the agribusiness sector are heating up, with considerable activity in the first six months of 2014, according to Colliers International.
Perth-based engineering groups Kerman Contracting and Monadelphous Group have announced contract wins collectively worth more than $300 million at CITIC Pacific Mining's Sino Iron development near Cape Preston.
