Altura Mining directors Allan Buckler and Paul Mantell and AusCann Holdings directors Mal Washer and Harry Karelis have been among a group of major Western Australian investors to have the value of their portfolios hit as markets have fluctuated in recent weeks.
Fortescue Metals Group founder and chair Andrew Forrest has seen his stake in the miner increase $249 million in value over the past four weeks, according to data on directors' shareholdings tracked by Business News.
SPECIAL REPORT: Chris Ellison's astute commercial achievements placed him at the top of our short list of nine people contending to be person of the year.
The environmental watchdog has given the green light for BHP Billiton's planned 80 million tonnes per annum South Flank iron ore development, with first ore targeted in 2021.
Dutch company KOTUG and local subcontractor Westug have been selected to provide towage services for Fortescue Metals Group at Port Hedland, 18 months after the iron ore miner won a tender that broke BHP Billiton's monopoly at the port.
Fortescue Metals Group will appeal the Federal Court ruling granting exclusive rights to the Yindjibarndi people over Pilbara land where the company operates its Solomon hub, three weeks after the state government welcomed the decision.
SPECIAL REPORT: The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Click through for our list of 50 directors and investors with holdings worth more than $11 billion between them.
Elizabeth Gaines' selection last week as the incoming chief executive of Fortescue Metals Group has shot her to the top of a very short list of genuinely powerful women in business in Western Australia. Click through to read more and see our listing of 12 leading WA women in business.
Fortescue Metals Group has announced major changes to its leadership, with a new chief executive taking the reins and its directors taking a hands-on role to support an updated strategy that focuses on producing more higher-grade iron ore.
Engineering contractor RCR Tomlinson has secured a $33 million contract to design and construct a five-kilometre relocatable conveyor system for Fortescue Metals Group.
The Chinese government's environmental crackdown could provide a boost for the beleagured Sino Iron project, notwithstanding a recent adverse court ruling.
TransAlta officially opened its new 150-megawatt combined cycle natural gas power station in South Hedland today, with Horizon Power as its sole foundation customer after Fortescue Metals Group backed out of an offtake agreement.
Proceeds raised during last weekend's Mining Emergency Response Competition Mining Emergency Response Competition in Perth have gone towards an emergency responder wellness app developed by support services provider Holyoake.
The share market has edged higher due to modest gains in most sectors, while the Reserve Bank's concerns about slow wages growth have driven the Australian dollar to a five-month low.
China's great environmental clean-up is starting to produce knock-on effects in Western Australia, with none more interesting than the ‘quality clash' in the iron ore sector.
A new feature on the Business News web site that tracks the changing wealth of Western Australia's company directors shows Tony Lennon and Peter Cook are among the winners over the past month while Kerry Stokes and Andrew Forrest have gone down.
Fortescue Metals Group has terminated its agreement with TransAlta Corporation to purchase power from the recently completed South Headland power station after the miner raised performance concerns in August.
A newly established company led by a group of Perth oil and gas executives aims to become a major supplier to the domestic gas market after buying the offshore Equus gas fields from US company Hess Corporation.
Fortescue Metals Group has appointed Mark Barnaba AM as co-deputy chair, sharing the role with Sharon Warburton. Mr Barnaba has been with the board since 2010.
The Australian market has opened lower, with most sectors in the red following a flat US lead, but local shares remain above the psychologically important 6,000 point mark.
The Australian share market is trading solidly higher at lunchtime, with upbeat overnight sentiment lifting the local markets to near 10-year highs and the S&P/ASX200 to twice breach the key 6,
Global facilities management giant Sodexo, which counts Rio Tinto's iron ore business among its major clients, is buying Australian competitor Morris Corporation, the manager of Fortescue Metals Group's three major camps.
Mining magnate Andrew Forrest has made an emotional plea for gambling revenue to be factored into the GST distribution system, while Western Australians have been warned the state's share of the revenue could potentially fall to zero if the economy were to return to boom times.
Indigenous contracting group Eastern Guruma, which has contracts or joint ventures with the likes of Rio Tinto, Fortescue Metals Group, NRW Holdings and Carnegie Clean Energy, has been placed into administration.
Fortescue Metals Group, Iluka Resources and Rio Tinto are among the five overall category winners in the 2017 state government's Awards for Excellence.
Fortescue Metals Group is on track to the meet its annual iron ore shipments forecast but has downgraded its guidance on the price it expects to realise.
Avocado grower and Fresh Produce Alliance co-founder Jennifer Franceschi has been named the Telstra Western Australian Businesswoman of the Year, joining an alumni that includes Gina Rinehart.
