Adrian Rauso joined Business News in February 2018 as the morning email producer and is the online news reporter as of January 2019. Adrian completed a degree in journalism and politics at the University of Notre Dame, where he was the co-editor of the University’s student magazine for nearly two years. He also has experience in corporate affairs at the United States Consulate in Perth.
Subiaco-based Tao Commodities has added to the growing interest among junior mining companies in the Western Australian iron ore sector, after it signed a binding term sheet to buy DSO Mining in a scrip deal worth at least $3.27 million.
Finbar Group has signed a joint venture agreement with a Singapore-based developer to purchase 1,697 square metres of land in the CBD for $6.5 million, which Finbar estimates will have an end value of $71 million once developed.
Asian Engagement Minister Peter Tinley has talked up Western Australia’s business opportunities with Indonesia, as federal parliament is set to ratify a significant trade deal with the South-East Asian country.
ASX-listed TNG is seeking a dual listing on the main market of the London Stock Exchange, as the Subiaco-based company hunts for investors to get its $824 million Mount Peake vanadium-titanium-iron project off the ground.
Surveying services business Veris recorded a 27.8 per cent rise in underlying earnings for the September quarter, underpinned by a substantial cost cutting strategy, which has been welcomed by investors.
Thomas Building has secured works at the $17 million Tambrey Shopping Centre - the first major retail development in Karratha in two decades - and been contracted to build the $6 million Kalgoorlie Renal Hostel.
Minister for Ports and Regional Development Alannah MacTiernan says a multi-billion dollar Oakajee port and rail project is unnecessary and Sinosteel’s Midwest general manger said there were no guarantees the company would push ahead with the project.
The Real Estate Institute of Western Australia’s latest data has confirmed the dire market for Perth’s homeowners, but Floreat, Karrinyup and Mindarie were among the handful of suburbs to record a positive median price shift.