Adrian Rauso

Three juniors in the resources sector, including Breaker Resources and Saturn Metals, have raised $12.1 million via share placements, with the funds set to go towards each of their exploratory drilling programs.

The state government has fallen $1.7 billion behind its infrastructure spending commitments over the past two years, according to Western Australia’s civil construction industry’s peak body.

Automotive Holdings Group’s $2.3 billion takeover from rival AP Eagers is set to go through, after AHG urged its shareholders to accept a revised offer from AP.

Shares in Empired fell as much as 20.5 per cent today, after the company announced it would not have its contract extended for the provision of ICT services for Main Roads Western Australia.

The number of dwellings approved in Western Australia have bucked the national trend and risen by 3.8 per cent in trend terms to reach its highest point since July, according to the Australian Bureau of Statistics’ latest data.

There were 666 apartment approvals in inner Perth for the 12 months to February, a sharp fall from 2,069 in the prior corresponding period, which could driven by high supply in a weak market, according to a new report.

Wesfarmers has made a second takeover bid for a miner, with a $776 million proposal for lithium company Kidman Resources, as it seeks to benefit from the global uptake of electric vehicles.

West Perth-based Aerison has been awarded a contract by BHP Nickel West for the construction of a nickel sulphate plant located at its Kwinana nickel refinery.

Failed gold miner Eastern Goldfields has released details of its planned recapitalisation strategy, with the company lodging a prospectus today for a capital raising of between $30 million and $40 million.