West Perth-based Gascoyne Resources has secured a $60 million debt facility with two major Australian banks as it aims for its Dalgaranga gold project to be in production in mid-2018.
Australian shares are higher in early trade, ignoring a negative lead from the US where strength in technology stocks were unable to offset losses in energy shares after oil prices dropped.
BIS Oxford Economics' latest outlook series report has delivered a stark analysis of expected demand for new houses and land across the Perth market in the near future.
The Australian dollar has slipped against its US counterpart which has continued strengthening amid optimism for US tax reform, lawmakers' efforts to avert a government shutdown.
US crude has tumbled nearly three per cent on Wednesday, its biggest daily decline in more than two months, after a sharp rise in US inventories of refined fuel suggested demand may be flagging, while US crude production hit another weekly record.
Dutch company KOTUG and local subcontractor Westug have been selected to provide towage services for Fortescue Metals Group at Port Hedland, 18 months after the iron ore miner won a tender that broke BHP Billiton's monopoly at the port.
A further reshuffling of state government departments appears likely after Treasurer Ben Wyatt released the government's service priority review today.
Australia have grabbed a 2-0 lead in the Ashes with a 120-run win at Adelaide Oval, where Josh Hazlewood effectively snuffed out England's hopes of victory during his opening spell on day five of the pink-ball Test.
Incitec Pivot has warned that its 2020 and 2021 full-year profits will be hit by the end of a contract to supply ammonium nitrate prill to mining giant BHP Billiton.
The auditor general has found major flaws in the state government's Buy Local policy, with concerns regarding data collection leaving agencies unsure if the policy is benefitting local businesses.
Shares in junior lithium explorers MetalsTech and Force Commodities have spiked after the companies announced funding and joint venture agreements, while European Lithium will tap investors to progress its lithium project in Austria.
The Australian economy expanded at a slower-than-expected rate in the three months to September, however WA's domestic economy appears to be on the mend, growing 0.9 per cent for the quarter.
Technology companies Syntonic and Family Zone are planning to grow their respective international customer bases after announcing separate $5 million share placements today.
Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.
The Australian share market has slipped in early trade, as overnight declines on Wall Street and a pullback in commodity prices weigh on investor sentiment.
Gold has dropped one per cent to a two-month low as the US dollar rises against a basket of currencies and US stocks rebounded as investors assessed details of the US tax overhaul legislation.
ASX-listed property developer Finbar Group plans to proceed with its third apartment development at The Springs Rivervale, which will be brought to market in early 2018.
Major Perth architecture practice JCY has been placed into liquidation after being hit by the slowdown in work volumes, pricing pressures and losses on the Perth Children's Hospital.
