Contractor NRW Holdings has decided to back a proposed deed of company arrangement by the administrators to Gascoyne Resources after negotiating an increased upfront debt repayment of $7 million in cash.
Perth-based Resource Development Group has won contracts for work on Fortescue Metals Group's Cloudbreak mine and Tianye SXO Gold Mining's Minjar Gold mine worth $26 million.
Sneakers & Jeans, The Royal, and Mary Street Bakery are among 40 local hospitality businesses backing a new campaign, encouraging Western Australians to explore the city as it prepares to move into phase four of lifting coronavirus restrictions.
IGO has backed a $60 million capital raising by nickel producer Mincor Resources, which is planning to restart its Western Australian operations later in the year.
When Peter Salom, Josh O'Byrne and Brent Thompson first mapped out a plan for LITT around three years ago, the target demographic for their app was a narrowly defined younger male cohort.
Shares have fallen early on the Australian market and all sectors were lower after US investors were finally spooked by the steady climb in coronavirus infections there.
Qantas will cut at least 6,000 jobs across all parts of the business and continue to stand down 15,000 employees as part of its plan to recover from the impact of the COVID pandemic.
Oil prices tumbled over 5 per cent, or more than $US2 a barrel overnight, after US crude storage hit another record and coronavirus cases rebounded in countries like Germany and surged in heavily populated areas of the United States.
Gold weakened after hitting more than a seven and a half year high earlier overnight, with investors selling the precious metal along with other asset classes as a global rise in coronavirus cases led a flight to cash.
The Committee for Economic Development of Australia has announced it will cut staff as part of what it is characterising as a broader operational transition.
A slate of planning reforms announced by the state government in May have now passed both houses of parliament, after negotiations with minor parties led to notable changes in how the legislation defines ‘significant' developments.
The Australian share market has closed just slightly higher for a fourth straight day, with investors apparently afraid to push the ASX200 over the 6,000 level.
The administrators of Gascoyne Resources have recommended creditors support the planned deed of company arrangement for the gold miner rather than an 11th hour alternative from China's Hanking Gold Mining.
Students in Western Australia are among those least likely to have been affected by remote learning arrangements during the COVID-19 pandemic, according to a new report from The Grattan Institute.
Calidus Resources is one step closer to commencing its Warrawoona gold project, with the EPA today recommending conditional approval for the prospective Pilbara mine.
More than 6,400 rental assistance agreements for retailers have been processed nationally in recent weeks, with Western Australia accounting for just 6 per cent of that rent relief.
Shares in Red 5 tumbled by 34 per cent today after the goldminer cut its production guidance for the current year and revised its future development plans.
Pacific Energy has announced it will partner with Capricorn Metals to develop a gas-fuelled power station for its Karlawinda gold project in the Pilbara region.
Primewest has unveiled the second stage of its $100 million plan for the City of Joondalup, pushing ahead with an $80 million proposal for a 12,000 square metre office building, with parking for 150 vehicles.
Genesis Minerals has bolstered its Ulysses gold project with the acquisition of the nearby Kookynie project for $13.5 million, enhancing its prospects of joining the ranks of mid-tier gold producers.
Engineering consultancy AIE is one of 273 Western Australian small business suppliers to have benefitted from BHP's local buying program since 2017, with the mining giant spending $38 million in WA through the initiative.
Virgin Australia bondholders have put forward a recapitalisation proposal for the struggling airline, seeking to knock out rival offers from two US private equity firms.
