In a move to expand its presence in the mining services market, BGC Contracting will be forming a joint venture with South African firm DRA, the two companies announced today.
The engineering arm of property and infrastructure group Lendlease has won a $96 million contract to build BHP Billiton's new tug harbour at Hunt Point in Port Hedland.
An interest rate cut is still possible, but evidence of further economic weakness will not automatically trigger such a move, Reserve Bank of Australia governor Glenn Stevens warns.
BHP Billiton spin-off South32 will write down $US1.9 billion of its manganese and coal businesses after suspending capacity at its South African smelter.
BHP Billiton has beaten its full-year iron ore production guidance but has flagged a hit to its full-year profit of up to $US650 million ($A876 million) due to weakness in its copper business.
Gold has edged higher, the day after it took its deepest dive in years and hit five-year lows, with many dealers bracing for more losses on expectations for a rise in US interest rates and subdued demand from India.
Vacancies in Perth apartments remain under the wider vacancy rate for houses in the metropolitan area, despite economic headwinds and record levels of new supply.
Aggregate spending was up 0.6 per cent in WA in June, bringing the total increase in the past 12 months to 7.7 per cent, according to data released by the Commonwealth Bank of Australia today.
Long-serving Liberal member of federal parliament Don Randall has passed away from what was believed to be a heart attack while on an electorate visit, aged 62.
Evolution Mining has recorded record quarterly and annual production on the back of an “outstanding” result at its Edna May mine, adding to the ranks of gold miners to post impressive results this month.
Western Australia risks falling behind its competitors in agriculture and could miss out on making the most of opportunities in Asia, according to panelists at a Committee for Economic Development of Australia discussion on the industry today.
Shares in local technology firm Smart Parking closed 25 per cent higher today on news it had secured an extension to a contract with one of its existing clients, UK retailer Matalan.
Otto Energy is seeking to participate in exploring for oil and gas in Alaska through a $US4 million ($A5.4 million) investment in Austrian company Borealis Petroleum.
Shares in online advertising business Tech Mpire have continued their steep ascent of the last two weeks, ending the day up 11 per cent after the company announced an 83 per cent increase in monthly revenue for June.
Mining giant BHP Billiton has announced plans to construct a new eight-pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs, for $US240 million ($A326 million).
Less than one-fifth of Western Australians are deemed to be financially fit, while the majority feel less financially secure than they did a year ago, according to a report by Bankwest.
New Energy Corporation has finalised a deal with the City of Karratha that will result in waste from the Pilbara's two biggest cities being diverted to its $200 million waste-to-energy plant in Port Hedland, which is expected to be operational by the end of 2017.
There's no sign that the Reserve Bank of Australia is getting ready to cut interest rates but, judging by the minutes of its latest policy meeting, it's in even less of a hurry to raise them.
KPMG has named the eight businesses it has selected to participate in its recently announced technology accelerator Energise, which will be held in Perth.
