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Fraser Beattie

Fraser Beattie joined Business News in May 2014 and covers all of the latest mergers and acquisitions, contracts and deals, state politics and resources news online. Fraser graduated from Edith Cowan University in 2012 with a bachelor of communications degree, and majored in Journalism and broadcasting. He had a stint at a local radio station in Park City, Utah, in 2013, where he covered the latest trends in music in the US.

Steady quarter for Atlas Iron

Atlas Iron has delivered a steady result for the three months to June and has reaffirmed its output guidance for FY18.

Native title winners seek Fortescue compo

Yindjibarndi Aboriginal Corporation will seek compensation from Fortescue Metals Group after the Federal Court recognised it has exclusive rights over Pilbara land where the company operates the Solomon hub.

Bis in $1bn debt-for-equity deal

Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.

Signs of growth in WA economy

There are signs of recovery in the local economy, with employment and sales activity numbers showing improved performance in June and a major report predicting further recovery next year.

WindTurbine seeks ASX listing

A Wangara-based renewable technology company is seeking to list on the ASX through the reverse takeover of dormant Perth company Axxis Technology.

Foster to head Premier's department

Darren Foster has been formally confirmed as director general of the Department of the Premier and Cabinet, making him arguably the state's most powerful public servant, in a move forshadowed by Business News in March.

Asic bans Perth financial adviser

The corporate watchdog has banned a Perth financial adviser from the industry for failing to act in the best interests of his clients while he was employed by a subsidiary of Westpac.

BHP hits record iron ore production in WA

BHP Billiton has met full-year production targets in its main iron ore and petroleum businesses, with a record result achieved at its Western Australian operation, but fell just short in its troubled copper business due to an extended strike at a Chilean mine.

No plans to lift volumes: Fortescue

Fortescue Metals Group has poured cold water over reports that its proposed Eliwana iron ore mine near Tom Price would produce more ore on an annual basis than the mine it would replace.

Wellard tumbles on loss expectations

Shares in Wellard have hit an all-time low after the live cattle exporter flagged a disappointing end-of-year result.

Musgrave buys Silver Lake's Cue stake

Westgold Resources will no longer acquire Silver Lake Resources’ stake in the Cue operation after joint venture partner Musgrave Minerals exercised its pre-emptive right to buy the interest.

Wilson owes $11m: Quintis

Troubled Perth company Quintis plans to take legal action against its founder and former managing director over claims he has failed to meet repayment obligations on an $11 million loan.

Govt spends $2m to vacate old City Beach high school

The relocation of tenants of the old City Beach High School is continuing, despite the government having dumped plans to redevelop the facility for a new public secondary school.

Programmed receives $780m takeover offer

Investors have welcomed news this morning that Programmed Maintenance Services will be purchased by a Japanese staffing company for about $780 million in cash.

Graphex rebounds on Chilalo funding commitment

Shares in Tanzania-focused Graphex Mining rebounded after the company announced it had struck a revised agreement with its Chinese partner over the Chilalo graphite project.

WA businessman dies after accident

Western Australian businessman Roger Hussey has been remembered by his colleagues as an intelligent and energetic contributor to the local community, following his death yesterday.

Tanzania players continue share price slide

Kibaran Resources and Black Rock Mining are the latest Perth-based explorers with operations in Tanzania to come out of a trading halt since legislative changes in the African country were announced.

Eastern hits back at GR Engineering

Michael Fotios-led Eastern Goldfields says it will counterclaim GR Engineering Services over work at its Davyhurst gold operation, after the contractor began Supreme Court proceedings yesterday.

Pancontinental buys Bombora, Begg takes over

Pancontinental Oil & Gas has made changes to its board and executive line-up after completing its acquisition of private company Bombora Natural Energy.

Chilean giant buys into WA lithium mine

The world's largest lithium producer will make a $A150 million investment in Kidman Resources' Mt Holland project near Southern Cross, and plans to build a new refinery in the region.

Euroz flags larger profit, payout

Financial services business Euroz has flagged a surge in net profit for the 2017 financial year and an increased dividend payout, on the back of an improved performance by its broking arm.

GR Engineering takes Eastern to court

GR Engineering Services has launched Supreme Court proceedings against Eastern Goldfields and is seeking about $10 million in relation to its contract for refurbishment of the Davyhurst operation.

Talga taps into concrete innovations

Talga Resources has agreed to work with a German building materials producer to explore the use of graphite and graphene to enhance concrete applications.

Tanzanian explorers smashed on ASX

Exploration companies Orecorp, Cradle Resources and Graphex Mining have been pummelled on the ASX as the market continues to react to changes to mining and exporting laws in Tanzania.

Great Southern takes top prize at Telstra awards

Boutique distillery Great Southern Distilling Company has been crowned this year’s Telstra Western Australian Business of the Year.

Kidman wins in Marindi dispute

Kidman Resources has successfully fended off Marindi Metals’ claims of rights to the Mt Holland lithium project near Southern Cross, after a Supreme Court verdict was handed down last week.

Neometals to keep Mt Marion stake, spin-off assets

Neometals will hold on to its minority stake in the Mt Marion lithium mine after failing to find a buyer, and plans to spin-out its technology and titanium assets into a new company.

Juniors come to terms with changes in Tanzania

Shares in Tanzania-focused mining and exploration companies were hit again today after they revealed the full slate of planned legislative changes in the African nation, which include the Tanzanian government giving itself the right to get a 16 per cent stake in mining companies for no cost.

Tesla trumps Carnegie in SA

The South Australian government has awarded Elon Musk’s Tesla the contract to build the world's largest lithium ion battery to supply the state with renewable energy, outbidding local company Carnegie Clean Energy.

Mt Gibson pockets $64m from insurance payout

Mount Gibson Iron has received a further $64.3 million insurance payout from the collapse of a seawall at its Koolan Island iron ore mine in 2014.

Mt Gibson cancels second offtake contract

Mount Gibson Iron has torn up a second offtake agreement with a Chinese customer that had planned to buy product from its Iron Hill mine in the Mid West.

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New study reveals Perth suburbs selling faster than in boom

The Real Estate Institute of Western Australia has revealed 10 Perth suburbs where properties are selling faster now than during the mining boom, with four of the top 10 in the western suburbs.

No turnaround in sight for Perth house prices

Perth house prices have fallen 7.4 per cent over the past 18 months, making it the worst-performing housing market in the country.

$1.8bn World Trade Centre proposal for Perth

The state government has received a proposal for a $1.85 billion World Trade Centre in the Perth CBD from a Middle Eastern-backed private group that includes former Perth Airport manager Neil Kidd.

NBN contractor enters administration

An infrastructure delivery company that had carried out work on the NBN rollout in Perth has collapsed.

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Leighton consortium favoured for Roe 8

The state government has named a consortium led by Leighton Contractors as the preferred proponent for construction of the $500 million Roe 8 highway project, which is the first leg of the contentious Perth Freight Link.

Protestors take Roe 8 fight to High Court

Opponents of the state government’s controversial Roe 8 highway extension project have taken their fight to the High Court following a recent decision that validated the project’s environmental approval.

Site for western suburbs high school secured

The state government has locked down a site for a new public secondary school in Perth’s western suburbs that will open its doors in 2020.

TFS rejects Ponzi claims

Indian sandalwood producer TFS Corporation has blasted US-based short-seller Glaucus Research Group for a scathing report which accused the Perth company of operating a Ponzi-like business structure.