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TNG signs rail deal for Mt Peake

TNG has signed a binding contract with rail operator Genesee & Wyoming Australia to haul product from the Mount Peake vanadium-titanium-iron mine more than 1100 kilometres to a processing facility in Darwin, Northern Territory.

Higher iron ore, oil prices propel ASX

The Australian share market has rebounded from early losses to close higher, driven by gains in the price of iron ore and oil.

Transparency issues for City of Melville

The state government inquiry into the City of Melville has highlighted transparency issues, following nearly 300 complaints made against the City since 2014.

Govt to spend extra $30m on community services

The state government says it will reverse indexation changes made by the previous Liberal National Government, and commit an additional $30.2 million to the community services sector.

Inner suburbs apartments approvals

A $55 million development in West Leederville and a $27 million development in Mount Lawley have been approved this past week, with more than one hundred residential spaces to be completed in Perth’s north within in the next three years.

Isolation brings positive push for microgrids

The vast emptiness of WA has proved to be an advantage when developing skills in the rollout of new electricity technology.

Horne, Walker depart Macmahon

Macmahon Holdings non-executive director Kim Horne and non-executive chairman Jim Walker have both resigned from the board, as part of the contractor’s board-change strategy.

Blue Cow into administration

Food distributor Blue Cow Cheese has been placed into administration, with Cor Cordis’s Joseph Nipps and Clifford Rocke appointed as administrators.

Flinders takes HotCopper to court for shareholder info

Flinders Mines is launching legal action in the Supreme Court of Western Australia against the owner of stock forum HotCopper Holdings, seeking details of users alleged to have made defamatory statements in relation to the board and company.

SRG wins $20m Brisbane contract

SRG Global has secured a $20 million contract for the $175 million, 26-level Midtown Centre project in Brisbane.

Investec to open Australian bank branch

Australia's big banks have another challenger after South Africa's Investec announced plans to open a local branch following its successful application for a local licence.

ASX dips despite mining, energy gains

The Australian share market has opened lower despite a positive start for the mining and energy sectors.

Morning Headlines

Coalition to reshape workplace landscape

Oil prices rise more than 2%

Oil prices rose more than two per cent overnight and hit their highest in about a month, buoyed by US government data that showed a larger-than-expected drawdown in crude stocks as exports hit a record high and surprise drops in refined product stockpiles.

Gold drops as bets fade for big Fed cuts

Gold prices dipped overnight on signals the US Federal Reserve would not make too steep a cut to interest rates next month, but still held ground above the key psychological $US1,400 level.

ASX lower ahead of financial year's end

The financial sector has dipped for the second day in a row as traders realised losses ahead of the end of the financial year.

EPA green lights Yangibana

The Environmental Protection Authority has recommended conditional environmental approval for Hastings Technology Metals’ $427 million Yangibana rare earths project in the Upper Gascoyne.

Outlook uncertain amid foreign fracas

OPINION: WA has no control over the biggest issue facing its short-term economic outlook – the US-China trade war, which could cut demand for the state’s commodities.

Emerald secures up to $US160m in funding

Emerald Resources has secured a total of $US160 million in finance facilities to fund project development and future acquisitions.

$4.9m Esperance weir contract

The state government has awarded a $4.9 million contract to a Bibra Lake-based company for the construction of a new weir at Bandy Creek Boat Harbour in Esperance.

Four charges laid over worker's death

WorkSafe is prosecuting four parties over the death of 17-year-old Wesley Ballantine, who fell through a void in the roof during a construction project at the old General Post Office building in Forrest Place in 2017.

Leaders can cure ‘change fatigue'

OPINION: You need to lead a significant change program at your school and are already bracing for the resistant rants of some of your colleagues.

Scarborough real estate agent banned for life

A real estate sales representative who stole money from an agency’s trust account has been banned for life from holding a certificate of registration in the industry in WA.

Orion’s Prieska to cost $378m

Orion Minerals has released a bankable feasibility study for its Prieska zinc-copper project in South Africa, which details a $378 million capital cost and 2.4 million tonne per annum operation.

Juniors to raise nearly $5m

Superior Lake Resources has raised $3.78 million via a share placement, while Conico is set to raise $1 million via a rights issue.

Australia won't be trade war 'bystander'

Australians cannot be "passive bystanders" as the United States and China work through their trade differences, Scott Morrison has warned.

ASX opens lower as financial sector dips

The financial sector has dipped for the second day in a row, dragging down the overall Australian share market in early trade.

Morning Headlines

Telstra dials up a radical overhaul

Oil prices mixed ahead of US crude data

Oil prices were mixed ovenright ahead of data expected to show US crude stocks declining, outweighing investors' concerns that US-China trade tensions could dampen fuel demand.

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