Australian construction company Probuild has announced the appointment of Adam Barker as managing director for its Western Australian operations, while Sam Delmenico will move into a new role interstate.
Nickel miner Panoramic Resources will have to tap the market for $20 million in equity after its debt was halved by Macquarie Bank, while today also disclosing deferred payment for the sale of its Canadian project.
Oil prices weakened overnight after new import tariffs imposed by the United States and China came into force, raising concerns about a further hit to global economic growth and demand for crude.
Gold rose slightly overnight after the United States and China imposed new tariffs, as expected, on each others' goods but a firmer US dollar limited gains.
SPECIAL REPORT: Gas peaking generation and utility scale batteries will become increasingly valuable in WA as coal power units are retired and new wind farms come online.
A commercial biogas to hydrogen operation in Perth is a step closer for Hazer Group, after the company announced it had received approval from the Australian Renewable Energy Agency board for $9.4 million of funding.
Total mineral exploration expenditure in Australia increased by 5.2 per cent to $629.6 million for the June quarter, with Western Australia underpinning the growth, according to the latest figures from the Australian Bureau of Statistics.
Pioneer Credit could be in breach of its loan covenants, after it said a change in the accounting treatment of its consumer debt portfolios would likely result in a dent to its underlying earnings.
The WA Football Commission has announced the appointment of Wayne Martin as its next chairman, while also launching a report that quantifies the impact of the sport.
Investors have welcomed Flinders Mines entering into a non-binding agreement with the Balla Balla Infrastructure Group, which could deliver the infrastructure and funding needed to help get its stranded Pilbara iron ore project (PIOP) into production.
The median price of a house in Perth decreased by 0.5 per cent for August, recording the largest fall of all state capitals, according to the latest CoreLogic data.
Telstra says peak NBN pain will now hit in FY21 instead of FY20 after the government-owned NBN Co flagged fewer than expected connections over the next year.
Oil futures fell on Friday, with US crude down nearly 3.0 per cent ahead of a hurricane near the Florida coast that could dampen demand but prices were still headed for the biggest weekly increase since early July, boosted by an easing of US-China trade rhetoric.
Gold prices fell on Friday on a slight recovery in equities markets and Treasury yields but was on track for a fourth-straight monthly gain as fears of a global recession and uncertainty on US-China trade relations drove investors to safe havens.
Shares in mining services company Perenti Global were up more than 6 per cent today after investment bank Gresham Partners announced an agreement to sell its $91.2 million stake.
Galaxy Resources has confirmed interest in striking a downstream processing deal with Alita Resources’ offtake partner, just a day after placing the lithium miner into receivership, while Talison is reconsidering the timing of its $516 million stage three expansion project at Greenbushes.
PODCAST: Mark Beyer and Mark Pownall discuss lithium challenges, EC&M update, Tim Roberts, Subiaco East redevelopment, legal merger, Fogarty Foundation, new state policies, waste-to-energy, and our special report on power infrastructure.
