Preparation for the St Vincent de Paul Society's largest fundraising event - the CEO Sleepout - has kicked off for another year with calls for executives to register.
Shares in cashed-up Moly Mines have slumped after the company's two most senior executives left the business and it admitted it was likely to suspend trading on the ASX after failing to acquire a new business.
Alcoa lost $US178 million in the first quarter as revenue fell on lower aluminium prices, but profit beat expectations after excluding charges to idle capacity at aluminum smelters and mills.
The business sector hopes a royal commission into union corruption will lead to changes in workplace relations and practices and help lift productivity.
Federal Industry Minister Ian Macfarlane today launched a new centre dedicated to research in the resources sector, but was coy on whether Canberra would support a similar body that Woodside has been pushing for the oil and gas sector.
Heron Resources says it can dramatically reduce capital costs at its Kalgoorlie nickel project by pursuing a smaller-scale plant option, describing the results of a scoping study as a step-change improvement in the economics of the project.
Developer and property syndicator Primewest has added another shopping centre to its porftolio, buying the Stirling's Retail Centre in Bunbury for $18.75 million.
Department of Regional Development director-general Paul Rosair will step down from the post later this year after spearheading the Royalties for Regions scheme for the last five years.
The state government's push for apartment and townhouse developments, as well as increased appetite among home buyers for high-density housing, is creating substantial opportunity for residential property syndicates.
Perth-based explorer Kin Mining has agreed to purchase the Leonora gold project in the Goldfields from the administrators of Navigator Resources for $2.7 million.
Shares in Perth-based explorer Tawana Resources are trading lower after the company announced it has raised $5 million through a discounted share placement.
Global oil prices have fallen after rebels agreed to reopen two of the four blockaded oil-export terminals in eastern Libya, suggesting the country's blockaded supplies might come back on the market.
US stocks have slumped for a third day in a row with investors worrying about whether high-flying technology stocks are overvalued and cautiously anticipating earnings season.
Gas industry leaders lined up today to call for more supportive government policies on workplace relations, taxation and skilled migration, saying these changes were crucial if the sector was to maximise growth opportunities.
Premier Colin Barnett has launched a blunt attack on the gas industry, saying it doesn't understand Australia, had left his government swinging “high and dry” and needed to do more for the domestic market.
