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Adrian Rauso

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.

MinRes defers Marillana agreement

Mineral Resources and Brockman Mining have deferred the agreement for key infrastructure works at their $300 million Marillana iron ore project by up to a year, as MinRes seeks more time to satisfy preconditions.

Western Areas signs offtake deal

Western Areas has struck an offtake sale and purchase agreement with Sumitomo Metal Mining for product from its Forrestania nickel operation.

Gold price hits record high, gold stocks follow

The gold price touched an all-time high today in Australian dollar terms, sending the shares of many of the country’s gold miners surging, led by Resolute Mining and Northern Star Resources.

Pacific wins Jaguar contract

Pacific Energy has secured a contract to supply electricity to Round Oak Minerals’ Jaguar copper-zinc mine in the Goldfields.

Tech Scene: Your Change

YourChange is an online platform that generates cashback funds from people’s online shopping and directs the money to the shopper’s chosen community group, club, school, charity etc.

Xodus acquires local environmental consultancy

International energy consultancy Xodus Group has announced that it signed an agreement to acquire North Fremantle-based Green Light Environmental.

De Grey to raise $22m, Eshuys joins board

De Grey Mining is seeking to raise $22 million via a share placement and rights issue to complete the acquisition of Indee Gold.

Santos continues WA growth

Santos has increased its gas production in Western Australia, following its $2.9 billion takeover of Quadrant Energy late last year.

Worsley set for big production lift

South32 expects to reach nameplate capacity at its Worsley alumina operation this financial year, and revealed its coking coal production rose sharply from the year prior.

Prices for houses weaken, units improve

The latest REIWA data has confirmed more bad news for those looking to sell their house, but the prices of units experienced a surge in the June quarter.

Port Hedland iron ore exports fall for FY19

The port of Port Hedland recorded a fall in iron ore exports for the 2019 fiscal year, with its major customer BHP today disclosing a decline in its annual production

Domestic tourists on the rise

Interstate and intrastate visitors to WA have increased, but international tourists numbers declined slightly, according to the latest data from Tourism Research Australia.

Costco has $50m Kwinana store in its sights

The City of Kwinana could become home to one of two Costco stores planned for Perth, after the Western Australian Planning Commission approved changes to planning guidelines to facilitate its development.

Arafura raising falls short of target

Arafura Resources’ rights issue has only raised only around a third of its $23.2 million target, with underwriter Patersons Securities set to be issued with $7.9 million worth of shares.

Low rise for WA private school fees

The cost of year 12 tuition at private schools in Western Australia rose by an average of 1.6 per cent for 2019, the lowest hike in fees among any state in Australia.

Galaxy beats guidance

Galaxy Resources has reported strong production results in the June quarter, after it exceeded its guidance at the Mt Cattlin lithium operation despite shipment delays.

Encouraging results for Dacian and Gascoyne

Struggling gold miners Dacian Gold and Gascoyne Resources have both taken a small step in the right direction, after they announced positive production results today.

Questions over halted project investigation

A junior miner’s chief executive says he has voluntarily submitted to ASIC the contents of an internal investigation into a failed project expansion in India.

LNG exports up 21% in FY19

Australia exported 75.1 million tonnes of LNG in the 2019 financial year, 21.2 per cent higher than the previous fiscal year prior, and is expected to become the largest LNG producer in the world this financial year.

Primero wins Agrimin contract

Agrimin has awarded Primero Group the engineering design contract for the process plant component of its $545 million Mackay sulphate of potash project.

CME backs BHP proposal

The Chamber of Minerals & Energy of Western Australia has welcomed a major environmental move by the state government today that will slash approval times for BHP's Pilbara iron ore developments by up to half.

WA business confidence falls again

Western Australia’s business confidence has fallen for the second quarter in a row, which the Chamber of Commerce and Industry of WA says indicates the need to reduce WA’s payroll tax.

VRX signs Muchea silica deal

Shares in VRX Silica have surged to 16 cents today, a rise of 33 per cent, after it entered into a strategic alliance with China Southern Glass related to its Muchea silica sand project.

WA property confidence second highest in Aus

Despite Perth’s house prices continuing to fall, confidence in Western Australia’s property industry is now the second highest of any state or territory, according to a new survey.

Tempo names Dalgleish as CEO

Paul Dalgliesh has been appointed as the chief executive of Tempo Australia, and William Howard will also join the struggling contractor as its chief financial officer.

Dexus’ $200m redevelopment set for approval

Dexus’ $200 million Carillon City redevelopment is set for Development Assessment Panel approval tomorrow, which will make it the third major retail upgrade in Perth’s CBD in recent years.

Lithium juniors to raise $24.5m

Piedmont Lithium has raised $21 million via a share placement to complete the definitive feasibility study for its namesake project, while Marindi Metals has tapped investors for $2.5 million, and Koppar Resources for $1.1 million.

Dacian shares rebound after mine update

Shares in Dacian Gold have rallied to recover some ground from a significant fall last month, as the company released an update to its Mt Morgans mine plan, which noted significant potential to increase its annual production rate.

Fleetcare among WALGA contract winners

Fleetcare will join Easi and Fleetnetwork, both also based in Westen Australia, as a preferred supplier of fleet management services for local governments across the state.

Altura and Pilbara sign sales deals

Altura Mining and Pilbara Minerals have struck offtake agreements with Chinese firms for lithium concentrate from their respective Pilgangoora projects.

Minister suspends Port Hedland council

Local Government Minister David Templeman has suspended the Town of Port Hedland council following ongoing complaints, appointing a former state MP as commissioner to administer the town.

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Work under way on $400m Karratha FIFO camp

Multiplex has commenced construction of the 604-bed Bay Village accommodation facility for Woodside Petroleum's fly-in, fly-out workers in Karratha.

Sweetlips and Tim Ho Wan close doors

Perth’s hospitality woes have continued, after fish and chip chain Sweetlips entered liquidation and Raine Square tenant Tim Ho Wan closed its doors after less than a year.

Morning Headlines

Crackdown on rorters taking ATO for ride

Perth house prices fall again

The median price of a house in Perth recorded the largest decline among all state capitals for September, with the slump over the past five years now surpassing 20 per cent, according to the latest CoreLogic data.

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Flinders disclosure concerns mount

Many minority shareholders of Flinders Mines have voiced discontent at the conduct of their board.

Morning Headlines

Elanor in $125m Perth purchase

Busselton misses out on Qantas base

Busselton has missed out on a new pilot training base, after Queensland snagged both Qantas academies.

WA business confidence falls again

Western Australia’s business confidence has fallen for the second quarter in a row, which the Chamber of Commerce and Industry of WA says indicates the need to reduce WA’s payroll tax.