Staff reporter

Solco says board changes reflect new focus

Perth-based renewable energy firm Solco has restructured its board, including the appointment of a new chief executive, as the company re-focuses its operations to reflect a solar market lacking gover

Ausdrill establishes $150m finance facility

Drilling services firm Ausdrill has secured a $150 million debt facility with the Commonwealth Bank.

Roy Hill awards road, rail contracts

BGC Contracting has won a $120 million contract to construct an airstrip and internal roads for Hancock Prospecting’s Roy Hill project in the Pilbara.

Breaker trades higher on ASX debut

Perth-based gold explorer Breaker Resources has listed on the Australian Securities Exchange, after completing an $8.5 million initial public offering.

First homebuyers lead home sales surge

Overall home sales reached their highest level for two years in the March quarter, with first home-buyers key to the recovery, according to the Real Estate Institute of Western Australia.

SMRC seeks to keep waste centre open

The Southern Metropolitan Regional Council has applied for a lifeline for its Canning Vale waste facility, the largest in the state, after the Department Of Environment and Conservation moved to shut

Fortescue's Q3 production below guidance

Fortescue Metals Group's third quarter iron ore production fell below guidance as a result of cyclones in Western Australia.

Verve recruits new CEO internally

State-owned power generator Verve Energy has replaced its boss internally, appointing Jason Waters as its new chief executive.

Strike Energy jumps on Cooper Basin drilling

Perth-based oil and gas explorer Strike Energy shares have jumped after the company reported drilling results that exceeded expectations from its latest round of exploration in South Australia’s Coope

BC Iron reports record quarterly production

BC Iron has reported record tonnes mined and shipped for the three months ending March 31, with the Perth-based miner saying it is on track to ship more than 3.5 million tonnes of iron ore over financ

Kagara's Robinson joins Energia

Uranium explorer Energia Minerals has recruited Kagara founder Kim Robinson as its managing director.

Fermiscan makes move into mining services

United Engineering co-founder Charlie Bontempo has made a move back into industrial services through listed company Fermiscan Holdings, which has announced a deal to acquire a construction and mainten

Perth-based director jailed for stealing $230,000

A Western Australian company director has been sentenced to jail for two years with a non-parole period of 12 months, for stealing $230,000 in 2005.

Centro in Galleria sale talks

Shopping centre owner Centro Retail Australia is in discussions with investors regarding the sale of 50 per cent stakes in three of its shopping centres, including Morley's Galleria.

Gunson mourns Oliver passing

Gunson Resources has paid tribute to Western Australian mining stalwart Bryan Oliver, who passed way over the Easter break. Mr Oliver was 60 years old.

Breaker completes $8.5m IPO

Perth-based gold explorer Breaker Resources is expected to list on the ASX by April 20, after successfully completing an $8.5 million initial public offering.

Company collapses spark two-speed fears

Company collapses spiked 114 per cent in February in Western Australia, sparking fears the mining sector is sucking life out of non-resource related business.

Strong opportunities in WA property: broker

Stabilising property prices and strong rental returns have resulted in strong buying opportunities for investors, according to Perth-based mortgage broker House + Home Loans.

WHL raises $8m for Seychelles exploration

WHL Energy has completed a capital raising worth nearly $8 million to fund exploration at its Seychelles gas acreage off the coast of Africa.

Central completes $11m raising

South Perth company Central Petroleum has completed a capital raising as speculation continues over control of its board and the role of mining magnate and investor Clive Palmer.

Synergy needs to hike bills by 23%: ERA

The state’s economic watchdog says electricity retailer Synergy would need to hike residential electricity bills by 23 per cent on average, or $353 per year, to ensure taxpayers are not covering the g

CCI wants 10-hour day in construction

Western Australia’s Chamber of Commerce and Industry says the existing building and construction award wage system is too restrictive to be applied to remote resources projects.

City approves new hotel plan

The City of Perth has approved plans for a $6 million, five-storey hotel on Hay Street, behind the Perth Ambassadors Hotel.

Cedar Woods gains capital for new projects

Perth-based residential developer Cedar Woods has completed a $25 million capital raising to fund four new developments in Western Australia and Victoria, and the construction of the Williams Landing

GR wins $12m Sandfire deal

GR Engineering has won a $12 million contract at Sandfire Resources’ DeGrussa copper-gold project near Meekatharra.

Ampella bounces on sales plan

Ampella Mining shares have bounced off their two-year lows this week, after the Africa-focused gold miner announced it had commenced a targeted sales process.

Aquila in surprise $430m coal sale

Aquila Resources says it has secured nearly all of the funding required for the development of its West Pilbara iron ore project, after selling its main coal asset to Japan’s Sumitomo Corporation.

Reed Resources raising $40m for gold mine

Reed Resources plans a fully underwritten $40 million capital raising to fund development of its Meekatharra gold project.

Northern Star reveals 1 million oz resource at Ashburton

Northern Star Resources has unveiled a 50 per cent increase in resources at its Ashburton gold operation near Tom Price, boosting its strategy to establish a second 100,000 ounce-a-year gold mine in W

Rule joins Paladin, Korte to Roy Hill

Paladin Energy has appointed former Mount Gibson Iron chief financial officer Alan Rule to replace Garry Korte, who has been poached by Gina Rinehart’s Roy Hill Holdings, a subsidiary of Hancock Prosp

Galaxy announces plan to create $500m lithium miner

Western Australia-based lithium miner Galaxy Resources has announced it will acquire Canada’s Lithium One to create the largest pure-play lithium company in the world, with a market capitalisation of



Morning Headlines

Union settles with BGC over case of the concrete pour

State govt starts legal action against Uber

Legal action is being taken against ride-share company Uber for not having the appropriate licence to operate in Western Australia.

Vale Shane Gherbaz

Former stockbroker and the founding managing director of Euroz, Shane Gherbaz, has passed away after a battle with illness.

Brierty bags $300m contract

Brierty and three Aboriginal contracting firms have won a $300 million contract with Rio Tinto to complete mining and civil works on a project in the Pilbara.

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State govt starts legal action against Uber

Legal action is being taken against ride-share company Uber for not having the appropriate licence to operate in Western Australia.

Rinehart comments an 'insult': Swan

Treasurer Wayne Swan has slammed mining magnate Gina Rinehart for insulting Australian workers after she called for a cut to the minimum wage and accused people of being jealous of the wealthy.

Rayney sad his wife's killer is still free

Acquitted murder suspect Lloyd Rayney has spoken of his sadness that his wife's killer is still at large, rather than the relief he feels at being cleared of killing her himself.

Leighton/Georgiou consortium wins Gateway works

A consortium led by Leighton Contractors and Georgiou Group has been chosen by the state government to deliver its $1 billion-plus Gateway WA project.