Gold rose one per cent overnight, helped by a slight retreat in the dollar following a rally and as some investors covered their short positions after the metal held the key $US1,200 level.
Wall Street stocks have declined, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the US House of Representatives.
Contractor MACA has announced a hit to earnings due to tightening margins in its core mining division, with its net profit expected to slump to between $7 million and $9 million for the half year to December 2018.
Mining contractor Adaman Resources has agreed to purchase the Snake Well gold project, 170 kilometres northeast of Geraldton, from Perth-based Kalamazoo Resources for $7 million.
The Australian share market has lost more than one and a half per cent for the second consecutive day with commodity-related stocks suffering heavy losses on plunging oil prices.
FBR has announced its Hadrian X autonomous bricklaying robot built a full home structure in less than three days, a key technical milestone that was set by the company in 2015.
Wages growth in Western Australia is lagging the country, with ABS data showing the state's wages increased just 1.6 per cent year on year, compared with a national increase of 2.3 per cent.
A former Perth financial adviser has been permanently banned from providing financial services and credit activities, after he was convicted of stealing more than $100,000 from his clients.
Northbridge venue Picabar may have been granted a reprieve, after intervention by Culture and Arts Minister David Templeman that will grant Picabar first preference in lease negotiations.
Local gold producers Silver Lake Resources and Doray Minerals have announced a merger to create a mid-tier company to be led by Silver Lake managing director Luke Tonkin.
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Gold explorer Kin Mining says it has received commitments from a group of unnamed shareholders to underwrite $8 million of its planned entitlement offer.
The state government has confirmed it will use an estimated $1.7 billion GST windfall to pay down its debts, after the legislation cleared federal parliament today.
Energy stocks are sapping the Australian share market in early trade, with the bourse slipping on plunging oil prices and choppy overnight results on Wall Street.
Oil's price slide has accelerated, with US futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.
Gold shook off earlier losses to move back above the key $US1,200-per-ounce level, benefiting from a slight retreat in the dollar after a rally driven by the US interest rate outlook and Brexit talks.
Woodside Petroleum has urged governments across Australia to back its ambitious growth projects, which include $30 billion on LNG projects along with development of industrial-scale hydrogen power.
Broad-based losses to the local indices dragged the Australian share market down following a sell-off on Wall Street overnight and weakening oil prices.
Broad-based losses to the local indices dragged the Australian share market down following a sell-off on Wall Street overnight and weakening oil prices.
Subiaco-based Civcon Civil & Project Management has been awarded a $55 million contract as part of Golden Group’s $3.8 billion Belmont Park Racecourse development.
Australia Institute of Management WA chief executive Gary Martin was the only Western Australian to be named in LinkedIn’s inaugural list of top influential opinion makers.
NEXTDC has struck a deal with ASX-listed Superloop, giving the Brisbane-based company connectivity to the new Indigo subsea cable system for its Perth operations, including an $80 million data centre currently under construction.
The commissioners running the City of Perth have appointed an acting chief executive, with local government consultant Murray Jorgensen set to take the reins.
Explosives manufacturer Incitec Pivot has reported a 34.8 per cent fall in profit for the year to September, including a $7 million hit from lost business in Western Australia.
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