Oil prices have risen as the market shifts focus to the possibility of increased Chinese demand, drawing attention away from oversupply worries and trade tensions between China and the United States.
US stock indexes have climbed and the Nasdaq hit a new record high as Google-parent Alphabet's strong quarterly results reaffirmed expectations of a robust earnings season and sparked a rally among technology shares.
Broad Construction has commenced building works at Hall & Prior’s $90 million planned community Karingal Green, a new aged care precinct set to provide 160 beds, health and wellness hubs, as well as research and training facilities.
Trucking business Centurion has been awarded a $75 million contract by global miner Anglo American to deliver general freight services at its Bowen Basin operations in central Queensland.
Gold miner AngloGold Ashanti has poached one of the top executives from rival Barrick Gold to replace outgoing chief executive Srinivasan Venkatakrishnan.
Ardea Resources has released an expansion study for its Goongarrie nickel-cobalt project in Kalgoorlie, with the company detailing a 2.3mtpa capacity at a cost of $1.17 billion.
A 50-50 joint venture between Perth-based companies Georgiou Group and Ertech has been awarded a $120 million contract for a road upgrade project in western Sydney.
The Perth Mint, Go West Tours and Newmont Mining have teamed up to showcase the state’s gold production process as a new guided day tour, unveiled by the Premier Mark McGowan this morning.
Shares in Carnarvon Petroleum have received another boost today after the company said it had discovered more oil and gas at Dorado-1 in the Carnarvon Basin.
Mineral Resources has for the first time revealed the cost of two major projects, saying it will spend $610 million building its lithium concentrate processing plant, which is due to start production later this year, and up to $1.6 billion on its proposed lightweight rail system.
A joint venture between Perth-based companies Clough and RUC Cementation Mining Contractors, which are both owned by South Africa’s Murray & Roberts, has secured two mining contracts in Mongolia.
One of the nation’s most respected economists reckons the tide may have turned for the WA economy, but falling metals prices and a global trade war could render that view obsolete.
Oil prices have edged lower as the focus turned to oversupply worries, moving away from escalating tensions between the US and Iran, which had driven prices higher early in the session.
US stock indexes have dipped led by losses in shares of Amazon and technology companies, as investors awaited quarterly reports from a host of marquee names to gauge the impact of an escalating trade conflict between the US and China.
Global education services provider Navitas has expanded into the Netherlands, after signing an agreement with the University of Twente to operate its pathway program for international students.
The Australian share market has snapped its three-day winning streak to close lower amid global trade war concerns after US President Donald Trump threatened more tariffs on Chinese imports.
Saracen Mineral Holdings managing director Raleigh Finlayson has received about $12 million after selling more than half his stake in the gold mining company.
ASX-listed 1-Page, which reached a market capitalisation in excess of $500 million in 2015, has requested a delisting from the local stock exchange following the acquisition of a German medicinal cannabis company.
Nickel miner Western Areas has begun early works at its Odysseus project, signing on local contractor MACA, while also announcing it had reached its production guidance for the year to June.
Poseidon Nickel has appointed company director Robert Dennis as its new chief executive, with the former Independence Group executive set to take over the role next month.
Former governor and practising barrister Malcolm McCusker has been appointed chairman of Law Access, following the retirement of founding director Adam Ebell.
Wesfarmers has announced it anticipates the demerger of Coles to be completed by the end of November, after the company’s annual general meeting, and will seek to retain a 15 per cent stake of the business.
The opening of a new heritage-listed live entertainment space in Northbridge later this year is the latest example of Marcus Canning’s cultural impact on WA.
Apartment developer Finbar Group has lifted its net profit expectations for the 2018 financial year as a result of what it says are improved market conditions and project settlements.
Gold prices rose from one-year lows and spot platinum increased more than three per cent after US President Donald Trump criticised the strength of the dollar and interest rate increases by the Federal Reserve, pushing the greenback sharply lower.
