A ramp-up of iron ore exports has lifted annual throughput at Port Hedland to a new record of 460.4 million tonnes, with the combined Pilbara Ports Authority tracking for a figure of 633.5mt per year.
The Australian share market has closed around 2 per cent higher at a four-week high in the wake of a strong lead from US markets, more clarity over the recent federal election result, and the prospect of economic stimulus in Japan.
Perth-based explorer Geopacific Resources has entered into an agreement to farm-in to Kula Gold's Woodlark Island gold project in Papua New Guinea, in a deal worth up to $18.6 million.
Shares in Tawana Resources were up 84 per cent today as the company moved focus from iron ore to lithium, while three more Western Australian companies announced new moves in the lithium sector as keen market interest in the metal continues.
A local psychological consultancy business has taken top honours at the 2016 Telstra Business Awards after being named Western Australian Business of the Year.
Perth-based GR Engineering Services has won a $36 million contract to design and build a processing facility in Queensland for private equity-backed Auctus Resources.
Crude prices have inched up in choppy trading but Brent has notched its largest weekly drop in nearly six months, as strong US jobs data and bargain hunting by investors pitted against seasonally weak consumption of oil.
Gold has slipped sharply after stronger-than-expected US payrolls data for June but rebounded quickly, underpinned by concerns over the outlook for financial markets following Britain's Brexit vote.
PM faces budget fight after winPrime Minister Malcolm Turnbull has won the election but his budget plans are in disarray, with a brewing internal revolt o
In this Business News podcast Dan Wilkie and Mark Beyer discuss Total Shareholder Returns, the federal election, Western Power, Port Hedland development, Perth tech startups and WA property.
The Good Food and Wine show opened its doors to Perth this morning marking the beginning of a three day festival that showcases over 200 stalls including a select number of small Western Australian artisan businesses.
Construction Forestry Mining and Energy Union WA assistant secretary Joe McDonald was among 29 union representatives fined a total of $61,000 for unlawful industrial action at Lakeside Joondalup in 2014.
Telstra has confirmed up to 103 job cuts in Perth and 326 nationally, with a union claiming the telecommunications giant's head count would be reduced by as much as 450.
A government body has slashed its 2017 iron ore price forecast by nearly 20 per cent on expectations of slowing demand growth in an oversupplied market, underlining the threat to the federal government's finances.
Carbon Business Group has announced the purchase of Pursuit Group, adding to a number of acquisitions in the past year worth more than $2 million combined.
Malcolm Turnbull will be returned as prime minister, according to renowned election analyst Antony Green, as postal vote flows strongly favour the coalition parties and three lower house independents have offered him supply and confidence.
Rio Tinto's decision to shelve development plans for its $US20 billion Simandou iron ore project in Guinea could risk the project falling into the hands of a Chinese competitor.
Equities markets rose worldwide on a bump from positive US data, though US stocks and long-dated Treasury yields fell along with oil prices amid investor caution ahead of Friday's US nonfarm payrolls report for June.
Gold slips as US jobs data supports the US dollar, ending a six-day rally that pushed the precious metal to more than a two-year high on concerns about Britain's vote to leave the European Union.
