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PODCAST: Mark Pownall and Mark Beyer discuss the post-election market bounce; subcontractors battle; new iron ore, lithium and rare earths developments; Jim Penman; Perron Group; the state's lobster deal; and our newly released report on the commercial property market.

Former Perth Airport chief executive Brad Geatches has been appointed as the chair of the Pilbara Ports Authority.

Strandline Resources has raised $5.5 million via a share placement, with the proceeds set to advance its Coburn mineral sands project.

Mincor Resources has raised $18 million in a share placement and is seeking to secure an additional $5 million via a share purchase plan to facilitate the restart of its Kambalda nickel operations.

The inaugural State Design Review Panel has been appointed to oversee the design quality of major new development proposals in Western Australia.

Fungi that draws gold from its surroundings has been discovered in Western Australia, stunning scientists who say it could signal new deposits.

Millennium Minerals will take on more debt after revising production guidance at its Nullagine gold project to include increased costs and lower output.

Middle Island Resources says a defeating condition of a takeover offer made for fellow Western Australian gold junior Alto Metals has been triggered, after alleging shortfall shares were issued contrary to the terms of a prospectus.

The Australian share market has opened lower after energy stocks plunged.

Power deal ‘will cost State’

Oil prices plunged overnight, losing about fiver per cent as trade tensions dampened the demand outlook, putting the crude benchmarks on course for their biggest daily and weekly falls in six months.

Gold prices jumped one per cent overnight as the US dollar pulled back from a two-year peak scaled earlier in the session and global equities and US Treasury yields slid on escalating US-China trade tensions.

The fishing industry says it is disappointed by the state government's backdown on a local lobster supply deal, with a planned international lobster festival to be one of the casualties.

The Australian share market has closed lower for the first time in seven days following losses by the mining, energy and financial sectors.

SPECIAL REPORT: As land and population pressures drive the need for more productive farming, WA finds itself at the centre of a new mining race.

Crusader Resources is seeking to raise $4.1 million via a rights issue, while Amani Gold has raised $3 million through a share placement, as both juniors seek to advance their gold projects.

Mincor Resources is moving closer towards a revival of its nickel operations after it acquired the Long mine from Independence Group for up to $9.5 million and announced a capital raising.

National awards and sparkling reviews are no novelty for small theatre company The Last Great Hunt.

The state government says it will fix a planning loophole that enabled small housing subdivisions in WA to be built without connection to telecommunications infrastructure.

Kalium Lakes has awarded four contracts related to purification plant facilities for its Beyondie sulphate of potash project, with DRA and FIRM Construction among the winners.

More than 34,000 square kilometres of Western Australia's Kimberley region will receive native title recognition by the Federal Court following three separate determinations this week.

Ausdrill’s earthmoving parts and equipment subsidiary, BTP, has been awarded a three-year contract extension worth $126 million with Peabody Australia.

Kidman Resources shareholders will vote on Wesfarmers' $776 million takeover offer in August, as the conglomerate flagged a $700 million investment in the Mt Holland lithium project.

Albo vows to end class war

Oil prices fell about 2 per cent overnight as an unexpected build in US crude inventories compounded investor worries that a trade fight between the US and China could dent crude demand over the long haul.

Gold was little changed overnight after the minutes from the latest US Federal Reserve meeting were released, but the precious metal was trading above the two-week low hit in the last session as stock markets slid on fresh trade tensions.

The Australian share market has posted gains for a sixth consecutive day, setting another 11-year high.

Two Perth property companies have helped shift perceptions around apartment living, with a long-running commitment to design innovation.

A-grade buildings in suburban locations are the best-performing office stock in Perth, according to fresh research which found that just more than 20 per cent of all commercial office buildings in the metropolitan area are vacant.

The price rebound this year has sparked renewed mining interest in at least eight previously mothballed projects.

Advanced Share Registry has estimated its profit it will decrease by around $350,000 this financial year, which it said is partly due to a reduction in corporate activity.

BHP Group is looking to add more oil, copper, and nickel resources to its portfolio, while souring on energy coal because it thinks the fossil fuel will be phased out, "potentially sooner than expected".