BHP and Fortescue Metals Group have welcomed new inspection rules for iron ore imports into China, but only after the news raised concerns that trade tensions between China and Australia could have claimed another victim.
The state government is providing special assistance for universities and local councils. A new scheme has been announced to help the mining industry. Western Australia has reported no new coronavirus infections.
Telethon Kids Institute has received $2.66 million from BHP to lead a trial testing the effectiveness of multiple sclerosis drug interferon in reducing the infectiousness of COVID-19 patients.
The COVID-19 pandemic is forcing investors who have shunned Western Australian mining companies for decades (because they prefer buying shares in banks) to smarten their game or risk being left holding yield-free assets as bank dividends dry up.
Mineral sands company Iluka Resources has withdrawn its full year earnings guidance, citing market uncertainty as a result of COVID-19, but says it will proceed with its proposed iron ore royalty demerger.
OPINION: The big changes forced on the mining sector's FIFO operations is a perfect example of how upheaval in business can present opportunities to improve when the crisis has passed.
Rio Tinto has disclosed that 700 fly-in, fly-out workers have moved to Perth from interstate or overseas because of new travel restrictions, more than twice the number at mining rival BHP.
WA's borders will officially close to the eastern states at midnight on Sunday. Confirmed COVID-19 cases have grown by eight in WA and 244 nationally. The federal government has announced a childcare service support program.
In an initiative led by the Chamber of Minerals and Energy of WA, the Western Australian resources sector has pledged $6.6 million to Royal Flying Doctor Service Western Operations, Foodbank WA and Lifeline WA.
The Australian share market has rallied as coronavirus-fuelled volatility continues, even as the Reserve Bank released minutes showing members were worried about the likelihood of a recession.
The Australian share market has shaken off a weak lead from Wall Street to rise early as government prepares to announce further economic support measures for businesses amid the COVID-19 pandemic.
Australian shares have achieved back-to-back gains for the first time since the coronavirus crisis began, rallying in the final minutes of trade on reports that US politicians have reached a deal on a massive US stimulus deal to shore up the world's biggest economy.
Fortescue Metals Group said today it expected to meet its annual shipments guidance, as the mining sector started adapting to travel restrictions that will crimp fly-in, fly-out operations.
The Australian share market has dived to an almost eight-year low as borders close and businesses shut in efforts to slow the spread of the coronavirus.
BHP has announced it is establishing a $50 million Vital Resources Fund to help support regional Australian communities in areas of its operations, including the Pilbara and Goldfields regions, fac
BHP will hire 1,500 temporary workers across the country on six month contracts, with at least 400 to be at Western Australian iron ore operations, Business News understands, while Woodside has pledged to cut payment times for contractors.
BHP will start paying invoices from small business suppliers after just seven days and has created a $6 million fund to support labour hire companies affected by COVID-19.
The Australian share market has suffered yet another day of carnage, plunging again after US President Donald Trump suspended travel from Europe for a month to limit the coronavirus pandemic.
The Australian stock market has suffered its worst single day loss in nearly a dozen years, as a brewing price war over oil added to the global tumult.
The Australian stock market has shed more than $100 billion as it sinks to its lowest level in over a year, following US markets lower after a rise in the number of coronavirus cases.
Western Australia's liquefied natural gas sector has been largely unaffected to date by the COVID-19 crisis, but a new report shows travel restrictions and declining oil prices could slow development of major projects, including Woodside Petroleum and BHP's $16 billion Scarborough joint venture.
Western Australia-based businesses have won 70 of 134 contracts awarded for work on five major mining projects, while state government data shows 53 tenders were awarded to businesses with local content plans in the 2019 financial year.
The Australian share market has suffered its worst day in over four years, closing the day at a six-month low amid a growing panic the coronavirus outbreak will trigger a global recession.
Woodside Petroleum and BHP have reshuffled their interests in two petroleum titles key to the Scarborough LNG project, as the companies prepare for a final investment decision this year.
Mineral sands company Iluka Resources is planning to demerge its BHP iron ore royalty business into a new ASX-listed entity, while at the same time announcing its 2019 full-year results.
BHP shareholders will receive a heftier, fully franked 65 US cents per share interim dividend after the global miner lifted its first-half statutory profit 29 per cent to $US4.87 billion ($A7.25 billion).
First Quantum Minerals has reached a new milestone as it moves closer to re-opening its Ravensthorpe nickel project, while fellow nickel miner Western Areas has signed new offtake contracts with BHP and Jinchuan.
BHP has detailed the rapid expansion of its recently established Operations Services subsidiary, which it says is delivering better results than the maintenance contractors it has displaced from its iron ore and coal operations.
