Tayler Neale

Tayler Neale is an online reporter at Business News. Tayler completed a bachelor of commerce and a bachelor of economics at the University of Western Australia in 2015, majoring in corporate and investment finance, international business economics and money and banking. He previously worked as a journalist at the Albany Advertiser.  He joined Business News in 2017.

Seven Group up on WesTrac

Seven Group Holdings has lodged a big increase in earnings for the half-year, as improvements in the mining industry aided the strong performance of WesTrac.

Primary receives $37.5m takeover offer

After selling its Southern Cross gold operation last year, Chinese-owned Hanking Gold Mining has made a takeover proposal for Primary Gold worth $37.5 million.

NRW strong earnings but no dividend

Mining contractor NRW Holdings has recorded strong growth in underlying earnings for the half year, but has decided against paying a dividend to ensure debt is fully serviced.

Kin flags board restructure

Aspiring gold miner KIN Mining is still on the hunt for a new managing director after the resignation of Don Harper last week, with the company announcing a board restructure that will include an independent chairperson.

Saracen, Northern Star half-year results

Local gold producer Saracen Mineral Holdings has announced an impressive rise in net profit for the half-year, while Northern Star Resources has recorded a slight dip in earnings in its results.

Bass back with Eagle raising

SPECIAL REPORT: Four years after exiting the iron ore sector near the top of the boom, Charlie Bass has teamed up with a pair of experienced company directors for a new mining float.

Buzz builds over battery metals

SPECIAL REPORT: The strength of the battery metals industry is helping drive the state’s junior resources sector.

Red 5 in $4m takeover bid

Gold junior Red 5 has announced a hostile $4 million takeover bid for unlisted public company Bullseye Mining, which owns tenements near Red 5’s Darlot gold mine.

Positive return for Paladin

Uranium miner Paladin Energy made a positive return to the ASX today following a tumultuous period during which it announced a recapitalisation deal that left shareholders with 2 per cent of the company’s equity.

Finders takeover offer unconditional

Finders Resources’ major shareholder, Eastern Field Developments, has changed its hostile takeover bid for the copper miner to 'unconditional' status, with the Indonesian consortium continuing to raise concerns about the company’s Wetar project.

Junior miners raise $30m

Three Perth-based junior miners have tapped investors for more than $10 million, while gold explorer Crusader Resources will raise up to $US15 million ($19 million) as the company seeks a dual listing on London’s AIM.

Kin MD quits after planned director spill

KIN Mining managing director Don Harper has resigned today following a move from former directors Terry Grammer and Fritz Fitton to remove board member David Sproule.

CSIRO to investigate Pilbara gold

The Commonwealth Scientific and Industrial Research Organisation will work with local explorer Artemis Resources to investigate the conglomerate hosted gold recently discovered at the company’s tenements in the Pilbara.

App/tech business of the week- Fitter

Fitter provides a web-based platform that enables trainers to create and distribute personal training programs and nutritional content to anyone, anywhere.

MinRes records $163m half-year profit

Mineral Resources has announced a 16 per cent lift in half-year net profit to $163 million, helped by several one-off factors including a big revaluation of its stake in lithium miner Pilbara Minerals, partly offset by impairment charges associated with its Yilgarn iron ore operation.

Finbar launches Applecross apartments

Finbar Group will officially launch the first stage of its $342 million three-tower development at Canning Bridge in Applecross this weekend.

Bhagwan makes CBD move

Marine services business Bhagwan Marine has opened its new head office on St Georges Terrace, after the company announced plans to shift from Geraldton in June last year.

Sayers set to retire

Ausdrill managing director Ron Sayers has announced his retirement after 30 years at the helm of the mining services company he founded.

Arrow raises $5.2m in JV and placement

Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia.

Botanix in $15m raising

Medical dermatology company Botanix Pharmaceuticals has raised $15 million through a strongly supported share placement, with the proceeds set to be spent on developing its lead product for acne.

New Mustera fund buys $16.5m centre

North Fremantle-based Mustera Property Group has announced the launch of a new fund, with its first purchase being a $16.5 million shopping centre in Perth’s southern suburbs.

1-Page buys German cannabis group

ASX-listed 1-Page, which has cash reserves of $25 million, is set to acquire a German medicinal cannabis company in a cash-and-scrip deal.

GAM plans tantalum mining

Global Advanced Metals has submitted a development plan to begin direct tantalum mining at Greenbushes in Western Australia’s South West, as it continues legal proceedings against the company that mines lithium at the same site.

House prices fall in January

Perth house prices fell 0.4 per cent in January, according to the latest data from CoreLogic, though its figures have disguised big gains in some of Perth’s more affluent suburbs.

Tap loses four directors

Tap Oil has announced the resignation of four of the company’s directors, including executive chairman James Menzies and Peter Mansell, with two nominations from major shareholder Risco Energy Investments appointed as replacements.

Mod releases positive PFS

Copper explorer MOD Resources has released a favourable pre-feasibility study for an open-pit mine at its T3 project in Botswana, which has an estimated annual free cash flow of $US77 million ($95 million).

WA building approvals down, Perth unaffordable

Building approvals in Western Australia have dropped to the lowest levels in 16 years, according to the latest figures from the Australian Bureau of Statistics, while a new housing affordability survey has labelled the Perth housing market ‘severely unaffordable’.

Perth to host World T20 fixtures

Perth has been selected to host 11 matches during the International Cricket Council World T20 tournament in 2020, in line with the country’s other major cities.

De Grey secures Pilbara gold project

Local explorer De Grey Mining will proceed with a $15 million acquisition of the Indee gold project, located near Port Hedland, from private company Northwest Nonferrous Mining Australia.

Vimy, Toro release study results

Uranium explorer Vimy Resources has released a positive definitive feasibility study for its Mulga Rock project, located east of Kalgoorlie, but the report is based on the assumption of a near tripling in the current uranium spot price by 2021.

Botanix up on study results

Shares in medical dermatology company Botanix Pharmaceuticals, led by Perth-based chairman Graham Griffiths and executive director Matt Callahan, have jumped more than 20 per cent today after the company announced successful results from an acne patient study.



Terrace Hotel set to close down

The Terrace Hotel, which restored the heritage St Georges House in 2012, is set to shut its door from tomorrow afternoon, Business News understands.

Perth accountant pleads guilty to fraud

Perth accountant Neil Alessandrino has pleaded guilty to a rolled-up fraud charge in the District Court this week.

Western suburbs house prices set to rise

Moody’s Analytics is forecasting continued weakness in Perth's residential property market this year but a return to positive growth in 2019, with Perth’s western suburbs and Mandurah tipped to be the best-performing regions.

Perth house prices on the way up

Perth house prices were up 0.3 per cent in March, and have risen in four of the past six months, according to the latest data from CoreLogic, adding to hopes of a sustained improvement in the residential property market.

most commented

Design change for Swan River bridge

The state government has approved design alterations to the Swan River pedestrian bridge in an attempt to cut $4 million in construction costs, while also announcing further delays to the bridge’s opening date.

Margaret River Gourmet Escape set to end

Western Australia's premier food and wine event, Margaret River Gourmet Escape, will be held in its current form for just one more year, with the state government planning a reconfigured event that includes the Swan Valley in 2019.

Byrnecut slams payroll changes

Byrnecut executive chairman Steve Coughlan has slammed the state government’s decision to crack down on payroll tax exemptions, saying his company will no longer receive the exemption for courses being undertaken by 1,200 employees.

Crowdfunding available for startups

UPDATED: Australian startups will now be able to raise capital via crowdfunding sources after the corporate watchdog today approved the first batch of licences allowing companies to act as intermediaries in the process.