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ASX rejects gold royalties ‘Tanzania’ claim

The Australian Securities Exchange has asked the Chamber of Minerals & Energy of Western Australia to retract a statement claiming the ASX could force listed gold miners to suspend trading in their shares because of the planned increased in WA's gold royalty.

Monadelphous wins $220m in new work

Perth-based Monadelphous Group has won a suite of new contracts and extensions for maintenance and construction work around Australia and internationally, to the tune of $220 million.

Clark to lead Kasbah

Tin explorer Kasbah Resources has recruited former Wolf Minerals boss Russell Clark as its new chief executive.

Shares close 12pts lower

The share market has closed slightly lower as investors contemplate the ongoing war of words between US President Donald Trump and North Korea.

Ducks line up for outer harbour

OPINION: Value to the community is not always about maximising price

Yanchep JV backs Y-hub

The state’s newest co-working space has been opened in Yanchep, after a $10 million investment by the area’s main property developer, in a bid to create a knowledge-based economy in the region ahead of an anticipated population influx.

Matsa buys Saracen’s Red October

Northbridge-based Matsa Resources has signed an agreement to acquire Saracen Mineral Holdings’ Red October gold mine near Laverton for about $2 million in cash and shares.

Fresh take for RSM near the quay

Fostering a collaborative and interactive workplace culture was a key driver behind the design of RSM’s new office space at Exchange Tower.

Emerging producers tackle challenges

SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state’s emerging miners wrapped-up a busy 12 months.

Luxury camping retreat for Rottnest gets nod

The state government has given the green light for a luxury camping retreat on Rottnest Island, to be developed by Baileys Group, which has also bought the former Aristos restaurant on the island after selling the Rottnest Express ferry service late last year.

Royalty rise puts damper on gold spend plans

SPECIAL REPORT: The gold royalty hike proposed in this month’s state budget has stunned the sector, amid big spending plans for the year ahead.

More overseas companies joining the ASX

The company behind the Australian Securities Exchange believes it has found the global 'sweet spot' for attracting companies to list on the local market.

CBH fined after finger amputation

Grain co-operative CBH Group has been ordered to pay more than $40,000 after insufficient guarding on machinery led to a worker being so badly injured she had to have one finger amputated.

CEO lunch with Stephanie Buckland

Stephanie Buckland enjoys the challenges of change, and has brought a wide range of professional experience to her current role as Amana Living CEO.

Kathmandu lifts profit by 14%

Adventure gear retailer Kathmandu's annual profit has risen 13.5 per cent, thanks to strong sales, innovative products and cost cuts.

Tiger signs $23m facility

Copper-focused Tiger Resources has secured a $US18.2 million ($A22.9 million) facility agreement with two of its existing lenders, to fund ongoing work it its Kipoi operation in Africa whilst it pursues recapitalisation plans.

Shares open 8pts higher

The Australian market has opened slightly higher, with investors seemingly shrugging off the risk aversion shown in Wall Street's negative lead.

Oil hits highest since July 2015

Oil prices have soared more than three per cent, with Brent hitting its highest in more than two years, after major producers said the global market was on its way to rebalancing, while Turkey threatened to cut oil flows from Iraq's Kurdistan region toward its ports.

Gold rises on safe-haven buying

Gold prices have risen, reversing earlier losses as geopolitical risks drove safe-haven buying.

Morning Headlines

Home rates bonus

Construction contracts and tenders September 7 to 20 2017

BMD Constructions has been awarded a $15.9 million contract for the construction of the Bow River Bridge project in the Shire of Wyndham – East Kimberley, jointly funded by the st

BGC out of HIA 100

Dale Alcock’s ABN Group has been listed as the largest residential builder in WA in the latest Housing Industry Association top 100 ranking, but more intriguing is the disappearance of long-time industry leader BGC and the inaugural listing of Ventura Home Group.

Dunsborough Puma planning stoush persists

The two-year saga over a proposed 24-hour Puma fuel station in Dunsborough has taken a new turn, with the Southern Joint Development Assessment Panel lodging an appeal in the Supreme Court against the State Administrative Tribunal’s ruling in favour of the development.

Shares close 26pts higher

The Australian share market has broken a three-day losing streak as some buyers returned to the market despite negative overseas leads, however volumes were muted with no strong theme directing trading.

MCA chief to hand over reins

Minerals Council of Australia chair Vanessa Guthrie has announced the resignation of chief executive Brendan Pearson after four years at the helm.

B-grade buildings in limbo

A new vacancy index has provided a different perspective on vacant office space across Perth’s metropolitan region.

Ritter to head IR review

Unions and businesses have welcomed a review of Western Australia’s industrial relations system, the only remaining state-based scheme operating in parallel with federal laws in the country.

Barminco recruits Thiess exec as CEO

Mining contractor Barminco has announced the recruitment of Thiess executive general manager Paul Muller as its new chief executive, succeeding Peter Stokes who resigned last month.

Labor faces upper house highwire act

OPINION: Labor will need to compromise if its budget plans are to pass the parliament, and a push for upper house reform may not be out of the question.

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