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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.

Nzuri receives $110m Chinese takeover offer

China-based Chengtun Mining has launched an all-cash bid to buy Nzuri Copper at 37 cents per share.

Race for Curtin gets heated

One of the leading Liberal Party of Australia pre-selection candidates for Curtin, Celia Hammond, has already come under fire from former Subcontractors WA chair Louise Stewart, who is likely to run as an independent candidate for the seat.

Zenith profit falls 65%, Pacific's up 76%

Zenith Energy has reported a substantial decrease in first-half profit as it undergoes a transition, a week after local rival Pacific Energy delivered strong half-year results.

Disclosure concerns on the rise

SPECIAL REPORT: The information listed explorers disseminate via traditional news outlets and social media is a growing focus of regulators.

Mergers, brownfields projects options for struggling juniors

SPECIAL REPORT: Junior explorers are coming under increasing pressure to merge as tough market conditions hit many in the sector.

Mixed half-year results for local contractors

Macmahon has reported a strong half-yearly result, but MACA and GR Engineering have seen their profit plunge compared to the prior corresponding period.

AFG posts 2.2% profit jump

Australian Finance Group has announced a cash profit increase, and said there were encouraging signs for the future of the mortgage broking industry.

Talisman plans $29m capital return

Talisman Mining has announced a $29 million capital return to shareholders in the form of a 15.625 cent per share dividend, following the sale of the company’s 30 per cent interest in the Springfield copper-gold project located in the Doolgunna region.

Tech scene: Komo boosts coffers

Perth startup QuizJam, which was best known for its quiz widget, has been remaned Komo to reflect its range of digital engagement tools. The rebranding followed a successful private capital raising.

AIC and Intrepid strike new merger deal

Intrepid Mines and AIC Resources have agreed to a revised merger deal, less than three weeks after Intrepid’s initial attempt to acquire the Subico-based gold junior lapsed.

Hallam to lead Capricorn

Warren Hallam has been tapped as the new managing director of Capricorn Metals, as the company ramps-up the development of its flagship Karlawinda gold project.

RCR’s remaining WA assets sold

The sale of RCR Tomlinson’s Western Australian operations is complete, with RCR Resources, RCR Power and RCR Water West sold to AvidSys Group for an undisclosed sum.

Flinders shares soar 33% on delisting agreement

The Takeovers Panel and Flinders Mines have come to agreement on a new proposal for the iron ore explorer to delist under which its biggest shareholder will lose out.

Woodside aiming for 2020 go-ahead on mega projects

Western Australia will know as early as next year if Woodside Petroleum's Scarborough, Pluto and Browse gas projects, worth a combined $36 billion, will be given the green light, as the business posted a 28 per cent rise in profit today.

New public policy director at UWA

A UK-based academic who worked as a senior policy adviser to Tony Blair has been named the inaugural director of the University of Western Australia’s Public Policy Institute.

Tabcorp confirms WA TAB interest

Tabcorp has confirmed it is interested in acquiring the Western Australian government-owned TAB, on the same day it announced a 642 per cent rise in profit stemming from its $11 billion merger with Tatts Group.

Govt, GRDC sign $48m partnership

The state government and the Grains Research and Development Corporation have signed a $48 million scientific partnership for research into Western Australia’s grainbelt soils and boosting grain production for local growers.

Carnarvon to raise $50m

Carnarvon Petroleum has launched a $50 million share placement, with the funds set to primarily progress the commercialisation of the Dorado oil discovery, as part of its Phoenix project, located in the North West Shelf.

Govt offers $20m to settle hospital dispute: report

The Western Australian government has reportedly offered contractor John Holland $20 million to settle the long-running dispute over the Perth Children's Hospital.

Win for Flinders minority investors

The Takeovers Panel has declared unacceptable circumstances in the proposed delisting of the Flinders Mines, giving minority shareholders of the company a victory in the feud.

Government compromises on rock lobster plan

The state government and the Western Rock Lobster Council have reached a comprise on the future of the industry, with the annual catch to increase by just 315 tonnes. However, details of how this will be delivered to the local market have not yet been worked out.

Tech scene: ImpactHD

ImpactHD is an app which aims to provide a sustainable and scalable healthcare solution for individuals with Huntington’s disease (HD), which is currently incurable.

Arafura study points to rare earths production boost

Perth-based Arafura Resources' definitive feasibility study for its flagship Nolans rare earths project in the Northern Territory has revealed higher production and lower capital costs than previously anticipated.

Hybrid car sales up 140%

Sales of new hybrid cars have continued their rapid growth, rising by 140 per cent in January in Western Australia compared to the same month last year, and bucking the overall trend of declining new vehicle sales.

John Holland charged over Perth project

Construction company John Holland and two contractors are facing federal work health and safety charges over an incident that injured a worker at Main Roads WA’s $1 billion NorthLink road project.

AFG shares fall 29% on royal commission report

Shares in Perth-based Australian Finance Group and in ASX-listed Mortgage Choice plunged today on concerns the mortgage broking sector will be one of the biggest losers from the banking royal commission, which recommended the banning of commissions paid by lenders to brokers.

BGH bid hits Navitas profit

Navitas has reported a 14.4 per cent decrease in profit for the half year to December, as expenses related to BGH Capital’s first takeover bid hit the company’s bottom line.

Three juniors to raise at least $9.9m

Three junior miners are undertaking capital raisings, with Amani Gold set to raise at least $3.7 million, Hot Chili $3.2 million, and $3 million for Capricorn Metals.

Data Exchange shares crash 44% on market update

Data Exchange Network's share price has plunged, after it announced cost blowouts for the construction of two data centres and the resignation of its founder as chief executive.

Three juniors to raise up to $13.3m

Three local junior resources companies are undertaking capital raisings, with Sovereign Metals to raise up to $5.3 million, Global Energy Ventures up to $5 million, and Northern Minerals to raise $3 million.

State government launches battery strategy

The state government has used the launch of its battery industry strategy today to announce that one of the first initiatives will be to develop an investment attraction strategy for the sector.

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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.

Morning Headlines

Crackdown on rorters taking ATO for ride

Flinders takes HotCopper to court for shareholder info

Flinders Mines is launching legal action in the Supreme Court of Western Australia against the owner of stock forum HotCopper Holdings, seeking details of users alleged to have made defamatory statements in relation to the board and company.

Morning Headlines

ATO warns on ‘systemic abuse’

most commented

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

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.

IGAs feel pinch as Aldi rolls in

Perth's grocery wars, amplified by giant Aldi’s market push and price cuts by Coles and Woolworths, have claimed five struggling smaller supermarkets over the past five months.