Perth-based Merchant Group is now the largest shareholder of medical cannabis company AusCann Group Holdings, after it acquired an 11.43 per cent stake worth around $11.6 million.
Northern Star Resources executive chairman Bill Beament will have his fixed annual remuneration nearly doubled for the 2020 financial year, with the potential to earn up to $7.2 million.
Click through to read Business News's annual list of WA's 20 biggest exporters, with data on companies such as Chevron, Roy Hill, Gold Corporation and Glencore.
ANALYSIS: Plans for oil exploration in the Canning Basin announced over the weekend may deliver good news for Western Australia, but some of the claims surrounding the latest drilling program are extravagant to say the least.
Covalent Lithium's Earl Grey lithium project has been recommend for approval by WA's Environmental Protection Authority provided its proponents minimise the impact on flora and fauna, including chuditch and malleefowl.
Kalium Lakes has awarded three gas infrastructure contracts valued at a combined $20 million, while Tianqi Lithium selected a contractor for $5 million worth of works.
Tim Mason will replace Charlie Bass as the chief executive of Eagle Mountain Mining in January, amid the copper-gold explorer’s share price nearly halving in the space of just over a year.
Gold and copper hopeful Stavely Minerals has tapped investors for $19.6 million via a share placement, as it seeks to take advantage of its surging share price to advance its exploration projects.
Santos has struck a deal to pay up to $US1.44 billion ($A2.12 billion) for ConocoPhillips' interests in northern Australia, including its majority stake in the Darwin LNG plant and its interest in three major gas fields off the coast of Western Australia and the Northern Territory.
The big banks have said they welcome the competition watchdog inquiry into mortgage pricing, with ANZ chief executive Shayne Elliott admitting lenders have not properly explained why their rates do not keep pace with the tumbling cash rate.
Oil prices rose as high as $US60.65 a barrel on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia but bearish oil demand forecasts soon pulled crude off session highs.
Gold fell over 1.0 per cent on Friday, en route to its biggest weekly decline since March, as easing concerns about the US-China trade conflict and Britain's exit from the European Union renewed appetite for riskier assets.
Silver Lake Resources was the best performer on the ASX 200 today, after it released strong September quarterly results and told investors it anticipates more good news for the financial year ahead.
Housing finance provider Australian Finance Group says lending for homes in the first quarter of the 2020 financial year in Western Australia has rebounded from record low levels to reach its highest figure since the end of the 2017 fiscal year.
Perth-based BDO partner Todd Grover has had a key role in navigating the sale of Sydney-based Comsec TR to a European prison media and communications provider.
PODCAST: Mark Beyer and Mark Pownall discuss Pindan, South Perth developments, big leadership changes, Alan Bond's mansion, tourism figures, Sealink expansion, and our biggest exporters.
The state government has factored in lithium hydroxide and carbonate into its royalty arrangement for lithium producers, which it claims will encourage downstream processing and manufacturing.
Pindan has been awarded a $90 million contract for the construction of an operations village for Rio Tinto’s Koodaideri iron ore project, with the announcement coming less than a week after Oxley Holdings acquired full ownership of the contractor.
Emerging visual artist Curtis Taylor will hold his first solo exhibition at the Perth Institute of Contemporary Arts later this month, titled ‘Untitled (Uura)’.
A wearable safety device developed by Soter Analytics is helping prevent injuries to industrial workers and could save companies thousands of dollars a year on compensation.
Oil prices rose overnight, buoyed by comments by the head of OPEC that the organisation could take action to balance oil markets and that it will decide in December on supply for next year.
Gold prices retreated from a one-week peak overnight while palladium prices marked an all-time high after a report suggested that the Chinese government wants to reach an agreement with the US administration to avoid further escalation of a ongoing trade row.
