Oil prices fell overnight on expectations a well-supplied global market, including supplies from growing record US production, would be able to absorb disruptions that have cut Libya's crude production to a trickle.
Gold shed 1 per cent in volatile overnight trade as investors booked profits after prices hit a two-week high early in the session, although losses were limited by a slide in equities due to worries about a virus outbreak in China.
Resolute Mining has agreed to repay all amounts outstanding under a $US130 million loan agreement with Taurus Funds Management, which it said would be funded by an equity raising.
A private business has lodged documents with the environmental regulator for a new bauxite mine in the Kimberley, a project estimated to be worth around $35 million.
A series of large-scale residential and commercial projects are expected to get under way in Perth this year with a development pipeline nearing $2 billion in value.
First Quantum Minerals has reached a new milestone as it moves closer to re-opening its Ravensthorpe nickel project, while fellow nickel miner Western Areas has signed new offtake contracts with BHP and Jinchuan.
Technology company Track’em has secured a 12-month contract with Downer, which will use its cloud-based software for operations on an LNG asset in Western Australia.
The state government has awarded Bocol Constructions and MACA a contract to raise the height of the Hay Street traffic bridge, a project that will require the closure of Mitchell Freeway for two weekends.
The state and federal governments today announced the first details of several planned infrastructure projects on Rottnest Island, on the back of $33 million in investments for the island over the next three years.
Osborne Park-based Badge Constructions has secured a $2.9 million contract with the state government to build a new STEM building at Mount Lawley Senior High School.
BHP has detailed the rapid expansion of its recently established Operations Services subsidiary, which it says is delivering better results than the maintenance contractors it has displaced from its iron ore and coal operations.
Burch Family Wines chief executive and 40under40 winner Anthony Wilkes is making a move into beef with his appointment to Yeeda Pastoral Company, which takes effect next month.
Oil prices rose to their highest in more than a week overnight after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC member to a trickle.
Gold hit a more than one-week high overnight as buyers hedged against persistent tensions in the Middle East and impeachment proceedings against US President Donald Trump, while deficit-hit palladium's record run showed no signs of abating.
Atlas Iron is planning to start development of its Corunna Downs iron ore project in the Pilbara by mid-year, at a cost of around $50 million, after the Environmental Protection Authority recommended approval.
ASX-listed funds manager Primewest has acquired a Woolworths-anchored shopping centre in Mandurah for $32 million, following its $33.1 million acquisition of 66 Kings Park Road.
Emerald Resources has announced plans to raise $75 million to fund its Cambodia-based Okvau gold project, via two placements of 1.9 billion new shares.
John Holland has won its first substantial contract in Western Australia in several years, with the Public Transport Authority of WA awarding the Chinese-owned company a contract for track maintenance services on Perth's urban rail network.
The Morrison government has announced a suite of measures to immediately support small businesses, non-profit organisations and tourism businesses affected by Australia's bushfires.
Almost 10 months after it opened, Freo.Social has expanded its range to include a dining option with the addition of Beer.Kitchen, the venue’s new 22-item dining offering launched in mid-December.
Busselton Jetty will strengthen its position as one of the South West’s foremost tourist attractions on the back of new amenities and renovations to the site, according to chief executive Lisa Shreeve.
Moves to scrap the use of carryover carbon emissions credits from the Kyoto Protocol could significantly increase the cost of Australia meeting its Paris Agreement target.
