Prominent Western Australian business and government leaders, including Nev Power and Dale Alcock, will hit the streets this week to sell The Big Issue magazine as part of the not-for-profit organisation's annual awareness campaign.
Fortescue Metals Group looks set to achieve its full-year guidance after outlining steady iron ore shipments and further cost cuts in the December quarter.
Nev Power has remembered Peter Lynch as a great mate, a beloved father of three and a respected member of the mining and aviation communities after the recent Fortescue Metals Group recruit was killed when his sea plane crashed into the Swan River yesterday.
A final investment decision on the state's next major greenfields iron ore project could come as early as next year, after Balla Balla Infrastructure Group today signed a state agreement with the government for a new transhipment port and rail facility in the Pilbara.
Iron ore miner Fortescue Metals Group has named non-executive director and former Helloworld and Heytesbury executive, Elizabeth Gaines, as its new chief financial officer.
An improved performance by some of the state's miners boosted the Business News index of listed Western Australian companies, the BN30, to finish almost 19 per cent higher over the year (2016).
Fortescue Metals Group said today its proposed joint venture with larger Brazilian miner Vale, for blending their iron ore at key Chinese ports, could fall over.
A proposal to roughly double the royalties paid by the state's two biggest iron ore miners was divisive and could set a dangerous precedent for fixing budget issues, Fortescue Metals Group chief executive Nev Power told this morning's Business News Success & Leadership breakfast.
Fortescue Metals Group has recognised the family of chairman Andrew Forrest by naming four new very large ore carrier (VLOC) vessels after his wife and children.
SPECIAL REPORT: When Fortescue Metals Group chairman Andrew Forrest received his most recent dividend cheque from the company, it brought the total paid out to entities he controls during the past five years to nearly $600 million.
SPECIAL REPORT: Some of WA's top company directors have achieved extraordinary gains in their wealth over the past year, and while most held onto their shares, a group of 11 reaped more than $180 million from share sales.
Pilbara Minerals has further bolstered its board with the appointment of Fortescue Metals Group director of operations Nick Cernotta as an independent non-executive director.
The Environmental Protection Authority has recommended approval of Fortescue Metals Group's proposed extension plans at its Solomon iron ore operations near Tom Price, subject to a number of strict conditions.
SPECIAL REPORT: The detailed reporting of remuneration by listed companies means it should be easy to determine the state's best-paid chief executive, but the reality is more complicated.
ANALYSIS: Green shoots are popping up in WA as improved conditions for iron ore and gold, and strong prospects for the upcoming crop harvest, offer sources for optimism.
Fortescue Metals Group has signed a $US473 million ($A626 million) financing agreement with a unit of China Development Bank to fund the ongoing construction of eight very large ore carriers (VLOC).
Fortescue Metals Group chair Andrew Forrest has taken a shot at his iron ore mining competitors for mining “the easy stuff” and not working to bring subeconomic ores up to a mineable level, speaking at the company's annual general meeting today.
In May 2015, mining executive Julie Shuttleworth had to deal with two major developments in her life. She had just started as general manager of Fortescue Metals Group's Solomon mine when she found she was pregnant with her first child.
The founder and chairman of Fortescue Metals Group has reaffirmed his commitment to the iron ore industry by increasing his stake in the business, buying $6.9 million worth of shares in an on-market trade.
Next month, Lazy Susan's Comedy Den in Highgate will host a storytelling hub where a group of Perth entrepreneurs, business owners and leaders will gather to share personal stories and raise money for suicide prevention charity RUOK.
Gina Rinehart's Hancock Prospecting has announced a $US300 million ($A395 million) investment in a UK-based fertiliser business chaired by former Fortescue Metals Group deputy CEO Russell Scrimshaw.
Iron ore producers have maintained their dominance over the BNiQ Search Engine Biggest Exporters list, as LNG producers are slow to start up. Click through to see the annual list of the state's biggest exporting companies.
With a number of WA's biggest businesses relying on unmanned drones to reduce surveying and inspection costs, new schools are teaching drone pilots how to fly.
Troubled iron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $1, along with some royalty payments.
The Business News index of 30 Western Australian companies outperformed the ASX200 in the September quarter on the back of stronger showings from a handful of miners and contractors.
Fortescue Metals Group has started the search for a new chief financial officer after Stephen Pearce handed in his resignation to pursue an international role, on the same day the iron ore giant announced the appointment of a new director of operations.
Indigenous corporations in Western Australia have experienced a fall in average income for the first time in five years, though the state's largest Aboriginal corporations, listed in the BNiQ Search Engine, have defied the downturn.
The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.
Iron ore exporter Fortescue Metals says it will repay $US700 million ($A925 million) of its debt, generating annual interest savings of about $US26 million.
The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.
The Australian share market has made some solid gains as the prospect of an interest rate hike in the US in September was pared back following some weaker-than-expected US jobs figures on Friday night.
Hong Kong-based Brockman Mining has continued its run of legal victories in its efforts to gain access to Fortescue Metals Group's rail infrastructure.
SPECIAL REPORT: Discussion about a sale of Western Power is taking place against a backdrop of rapid technological change in the sector, as networks brace for an onslaught of competition from battery storage.
