Gascoyne Resources has mandated two of Australia's largest banks to arrange a $60 million debt facility for the development of its Dalgaranga gold project in the Murchison region.
Shares in three local energy companies have surged today after hitting hydrocarbons while drilling the Xanadu-1 offshore prospect in the Perth Basin, with Triangle Energy leading the charge, up nearly 60 per cent.
Mineral sands miner MZI Resources will spend $5 million to significantly upgrade the output capacity of its Keysbrook operation near Serpentine, which has been underperforming since it came online in 2015.
Ramelius Resources is set to become a 200,000 ounces per annum gold producer after acquiring Evolution Mining's Edna May operation near Merredin for up to $90 million in cash and shares.
Bruce Gordon has failed in his attempt to derail CBS's takeover of Ten Network after the NSW Supreme Court ruled the embattled broadcaster's administrator gave creditors sufficient information about his rival bid.
Payroll tax dodgeThe State Government is considering tightening payroll tax exemptions amid concerns training organisations are promoting tax minimisation by signing up
Brent oil prices have held near five-month highs and were on track for the biggest weekly gain since late July, on forecasts for rising demand and the gradual restart of US oil refineries.
Gold prices have fallen after a European Central Bank (ECB) official calls for scaling back the bank's stimulus program, although losses were capped when weaker-than-expected US economic data raised questions about further interest rate hikes.
Howard Park Wines recently flaunted its fizz at the Champagne & Sparkling Wine World Championships held in London, with its Jeté label winning the award for ‘best Australian sparkling wine'.
Former police minister and Labor member for Balcatta, John Kobelke, has been appointed to head a review of the Swan Valley's planning framework, Planning Minister Rita Saffioti announced today.
Qantas chief executive Alan Joyce's annual pay has soared to nearly $25 million, catapulting him into the ranks of the best-paid bosses in Australian corporate history, after he successfully steered the carrier's turnaround with two consecutive years of profit.
Osborne Park-based software as a service provider Servtech Global has agreed to sell its rent roll business in two parcels totalling $1.5 million to Summit Development Corporation, part of the Summit Homes Group, and Housemart Real Estate.
The Insurance Commission of Western Australia increased spending on the Bell Group litigation to $9.6 million last financial year, while also revealing in its annual report it has applied to the Supreme Court for a single trial to cover all related matters.
Four local mining hopefuls have raised $13.2 million between them for new projects, with Egan Street Resources and Ardea Resources in the two biggest deals.
In this Business News podcast Mark Pownall and Mark Beyer discuss Nev Power leaving FMG, safe harbour legislation, women on WA boards, stamp duty setback and labour markets.
State-owned regional power provider Horizon Power has recorded a $35.4 million net profit for the year to June, while hitting its targeted reduction of government subsidies more than a year ahead of time.
The Australian share market has opened lower with investors nervous after North Korea fired a missile over Japan for the second time in a month, re-igniting geopolitical tensions.
Casino takings hit as high rollers stay awayChinese high rollers are deserting James Packer's Perth casino in droves, putting at risk one of the key strategies behind C
Oil prices have risen, with Brent closing at a five-month high, as the US dollar weakened and after a string of reports forecasting the market would tighten further as fuel demand increased.
Gold has rebounded from a two-week low as North Korea threatened the United States and Japan, and the dollar softened despite strong US consumer inflation data, which could allow further interest rate increases from the Federal Reserve.
State-owned power generator and retailer Synergy has recorded a loss of $12.6 million for the 2017 financial year on the back of lower sales revenue and a large impairment due to the early closure of its generation capacity.
