Eddy Haegel has made a career breathing new life into struggling assets at BHP, including the revival of the mining giant's nickel business; sharing his story at a Business News breakfast today, he was also bullish about the potential to develop more downstream processing of battery minerals in WA.
Kalgoorlie-based contractor MLG has recruited a high-profile finance executive as it moves closer to joining fellow mining services companies Mader Group and DDH1 Drilling in a stockmarket listing.
A $2.4 billion surge in revenue above forecast levels helped the state government record a $1.3 billion operating surplus in the year to June, but the overall cash position of the budget is still in a deficit of $924 million.
Hartleys has reported a big drop in annual revenue and net profit, making it the third major stockbroking firm in Perth to have its results hit by the sharp decline in corporate finance activity over the past year.
PODCAST: Mark Beyer and Mark Pownall discuss Broome infrastructure, Perth's livability, broking profits, mining services IPO, Fini and Goh, Eddy Haegel, Food for Thought, and our special report on residential construction with a new local leader.
Blackburne has added to its upcoming project pipeline in Perth's blue-chip suburbs, after acquiring a prominent site on Stirling Highway from aged care provider Amana Living.
Primewest has expanded its US presence to more than $100 million worth of assets, acquiring a $13 million office building in San Diego as the developer and funds manager moves closer to its listing on the Australian Securities Exchange.
Perth-based health insurer HBF has posted a 53 per cent rise in its net surplus to $93.7 million, while profit at the state government-owned Insurance Commission of WA fell 27 per cent to $203.5 million, despite an improved return on its investments.
Oil slid overnight as new details connected to the impeachment inquiry into US President Donald Trump weakened demand sentiment while moves to quickly restore Saudi output after attacks on its oil infrastructure promised more oil supply.
Gold prices rose overnight after a nearly 2.0 per cent slide in the previous session triggered buying interest for the safe-haven metal, although a strengthening US dollar capped gains.
Industry bodies are divided over a plan to increase regulation of short-stay accommodation providers such as Airbnb, with Tourism Council WA and the Australian Hotels Association among supporters of the proposed rules.
Allseas Group has been selected to build a 260 kilometre pipeline linking the Barossa gas field to the Darwin LNG facility, with ConocoPhillips likely to make a final investment decision on the project before March 2020.
Shares in Stavely Minerals have more than tripled today after the junior reported “stunning” high-grade intercepts at a shallow depth at its Thursday's Gossan porphry gold-copper project in western Victoria.
Power utility Synergy has taken a $446 million impairment and reported a loss of $656.9 million in the year to June, which the state government-owned business said was driven by higher fixed costs as revenue fell.
Share market online chat forum HotCopper Holdings will venture into the North American market after signing a deal to acquire its Canadian equivalent, as it seeks to bounce back from a fiscal 2019 loss.
The Supreme Court of Western Australia has ordered Malaysian developer Victor Goh to pay ongoing fees to Adrian Fini's Fini Group for consultancy services covering the development of lots two and three at Elizabeth Quay, despite the fact the services are no longer being provided.
Oil and gas explorer Whitebark Energy and uranium-focused Toro Energy are seeking to advance their respective projects with equity, with Whitebark completing a share placement and Toro launching a share purchase plan.
Harnessing the enormous mineral and petroleum wealth of WA required leaders willing to drive innovation and take risks. We profile seven of the most important.
National Australia Bank will introduce 163 new roles in its business banking division, which it says is part of an Australia-wide customer growth strategy, but the jobs will almost entirely go to the eastern states.
