Mustang Resources has secured a $19.9 million funding package from US institutional investor Arena Investors LP through a multi-tranche convertible note facility, while also announcing plans to raise up to $4 million via an entitlement offer.
The state government has announced six more local businesses that will operate at the new $75 million Yagan Square development, set to be opened next month.
Australia have completed a 4-0 Ashes series win, with Pat Cummins' express pace easing his side to victory by an innings and 123 runs in the SCG finale.
Oil prices have dropped from highs last seen in 2015, as soaring US production undermined a 10 per cent rally from December lows that was driven by tightening supply and political tensions in OPEC member Iran.
Australia is in a commanding position after the second day of the final Ashes test, sitting at 2-193 with Steve Smith unbeaten on 44 and Usman Khawaja on 91.
Western Australian merchandise exports were up 22 per cent in the year to November compared with the previous corresponding period, despite the month being slightly softer, according to the Australian Bureau of Statistics.
The state government has approved an application from local business Old Salt to install a $2 million event barge on the Swan River near Elizabeth Quay.
Belmont-based Pindan has been awarded an $18 million state government building contract in Carnarvon, while Bunbury-based Perkins Builders has received an $8 million government contract.
A group of Quintis shareholders has requisitioned a general meeting to spill three directors, including chairman Dalton Gooding, with avocado grower Craig Duncan, Kimberley Development Commission director Robert Boshammer and property developer John Allen nominating for roles.
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Struggling gold producer Blackham Resources has released positive production results for December after being given a two-week reprieve on a $14 million debt repayment earlier this week.
Local aged care provider Amana Living has purchased the Settlers Meadow Springs Retirement Village in Mandurah and an adjacent parcel of land from ASX-listed Ingenia Communities Group.
Australian shares have opened comfortably higher, following strong gains in commodities and US markets where the Dow Jones index broke above the 25,000 mark for the first time.
Gold has steadied around a 3-1/2-month high as prospects for further US interest rate increases put the brakes on a recent rally, while palladium touched record highs on tight supplies.
Oil has risen to its highest since May 2015, on concern about supply risks due to unrest in Iran and another decline in US inventories as refining activity hit a 12-year high.
Hobbled spearhead Mitchell Starc has struck late on day one of the Ashes series finale, denying Joe Root a century and reducing England to 5-233 at stumps.
The number of electricity users disconnected for failing to pay bills increased around 60 per cent in Western Australia in the 2017 financial year, while more than 10,000 electricity users were on a hardship program, according to a report released by the Economic Regulatory Authority today.
Western Australia's automotive industry has finished the year down 2.5per cent in new vehicle sales relative to last year, after a drop in sales for December ended a two-month run of strong growth.
Australian shares have ended slightly higher with strong performances in the healthcare and energy sectors helping offset a weak session for the big miners and banks.
The number of new gas and power connections in Western Australia fell in the year to June, an outcome of the slowing property development market, according to the Economic Regulation Authority.
