Andrew Forrest-led GenerationOne, in partnership with the federal government, has today launched an Indigenous vocation training and employment centre at the Acacia Prison, with accommodation group Ebenezer Aboriginal Corporation (EAC) appointed as the program operator.
Poseidon Nickel has announced a $74.6 million capital raising, backed by Andrew Forrest's Squadron Resources, days after US group Black Mountain Metals pulled out of a $66 million takeover proposal.
US group Black Mountain Metals has threatened to walk away from its proposed $66 million takeover bid for Poseidon Nickel after the local company disclosed it was pursuing a substantial capital raising.
Fortescue Metals Group has posted a 58 per cent drop in annual profit for the 2018 financial year compared with the previous period, but has increased its dividend payout ratio to shareholders.
Fortescue Metals Group has reduced its stake in Atlas Iron but crucially still holds more than 10 per cent, meaning Gina Rinehart's Hancock Prospecting will not be able to acquire full ownership of the takeover target.
Minderoo Foundation has today announced a $100 million research initiative designed to study and protect global marine life and its chairman Andrew Forrest has used the occasion to attack the federal government's new marine parks plan.
Andrew Forrest-chaired Fortescue Metals Group has taken a surprise 19.9 per cent stake in Atlas Iron, and says it will block the $280 million takeover proposed by diversified mining services business Mineral Resources.
Iron ore maganates Gina Rinehart and Andrew Forrest remain in the top 10 of the nation's wealthiest people, according to the 2018 AFR Rich List, which included 20 Western Australians out of 200 people listed this year.
The directors of Mineral Resources and Altura Mining have enjoyed solid growth in the value of their shares over the past month, according to data on Director Shareholdings tracked by Business News.
New accommodation designed for the brightest minds within and entering the state has been built on the river bank outside the University of Western Australia thanks to a $27.5 million donation from Andrew and Nicola Forrest.
SPECIAL REPORT: Our annual analysis of the state's movers and shakers shows that sometimes the best examples of influence are demonstrated not by what change an influencer starts, but rather what they can stop.
Andrew Forrest has today launched a seven-match international rugby series featuring the Western Force that will act as a precursor to the planned Indo Pacific Rugby Championship in 2019.
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.
Lotterywest has increased funding for Fringe World Festival and Sculpture by the Sea, committing $1.9 million to the month-long arts festival and $77,000 across a three-year partnership with the co
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.
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.
The state government will draft amendments to the Mining Act that validate granted tenements, in the wake of the High Court's recent ruling that kept sand mining off Andrew Forrest's family pastora
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.
Even those with only a passing interest in the resources sector would recognise there's something unusual about an iron ore miner talking up a natural gas project and an oilman talking it down.
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.
Andrew Forrest has detailed how he plans to build "the most popular rugby competition in the world", with the mining billionaire hoping to obtain approval from both World Rugby and the Australian Rugby Union in the next three weeks.
The state government is considering amendments to the Mining Act in the wake of the High Court's recent ruling that kept sand mining off Andrew Forrest's family pastoral station in the Pilbara but cast into question the legitimacy of other granted mining leases since 2006.
Billionaire backer Andrew Forrest has vowed to continue the Western Force's fight with the Australian Rugby Union after losing an appeal to remain in the Super Rugby competition.
Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.
Emerging printmaker and sculptor Aliesha Mafrici has attracted high-profile attention at home and abroad since undertaking a major in visual arts at Edith Cowan University.
The Western Australian government is considering suing the Australian Rugby Union for more than $100 million over the decision to axe the Western Force, threatening to bankrupt the body.
Andrew Forrest has successfully fended off a company that wanted to mine sand at his family's pastoral property in the Pilbara, but has lost an appeal against a uranium explorer that plans to mine in the area.
Western Australian indigenous and community leaders are pleading with the prime minister to urgently expand cashless welfare card rollouts, releasing a graphic video depicting "war zone" conditions across the state.
