Universal Constructions and Badge have been awarded contracts by the state government to build three new schools in Perth, worth a combined $36.4 million.
Paladin Energy's Kayelekera uranium mine in Malawi suffered minor storm damage on Monday night when it was hit by a 20-minute, high-intensity downpour.
Borrowers are leaping at the chance that the Reserve Bank of Australia will cut its cash rate this year, with more of them looking for better home loan deals.
Shares in gold producer Ramelius Resources have surged on news it smashed its production guidance for the December quarter, with its Western Australian assets producing at record levels.
Perth-based mining developer Cape Lambert Resources has announced it is cutting 117 jobs and postponing a planned dividend payment, in response to the sharp downturn in the iron ore market.
Oil prices have tumbled to fresh 5.5-year lows as Saudi Arabia blamed weak global economic growth and said it will stick to its guns on production policy.
Mining services company ADG Global Supply has been placed in the hands of administrators, after struggling to deal with the collapse of major client African Minerals.
Gold prices have risen to their highest level in three weeks, as plunging oil prices sparked worries about the health of the global economy, drawing investors to the precious metal.
Mineral sands miner Base Resources is pushing on with its takeover bid for World Titanium Resources, despite the target declaring yesterday the bid is not capable of succeeding.
Local government minister Tony Simpson has suspended the Shire of York's president and councillors for six months and has appointed former South Perth mayor James Best to oversee the local council.
The Australian share market has fallen sharply as investors fretted about falling oil prices and speculation that financially-embattled Greece would quit the eurozone.
The directors of Perth-based gold explorer Echo Resources have come out swinging after dissident shareholder Michael Ruane forced the company to convene a general meeting, where he will seek a board spill.
Perth-based explorer Centaurus Metals has entered into an exclusive mandate for a $6 million working capital facility with RMB Resources' Australian subsidiary to fund development of its Candonga iron ore project in Brazil.
US stocks have tanked on worries about the eurozone and low oil prices as the euro hit a nine-year low against the US dollar and US crude slid below $US50 a barrel.
US oil prices have slipped below $US50 a barrel for the first time in more than five years as the surging US dollar and news of additional supplies extended a six-month rout.
Gold futures have jumped to a three-week high as investors turn to the asset for safety amid a steep sell-off in stocks, oil, copper and other risk markets.
Rob Ferguson has resigned as chairman of litigation funder IMF Bentham after failing in a push for the company's three executive directors, including founder Hugh McLernon, to retire from the board.
