Latest Headlines

Bellevue Gold's Steve Parsons has sold half of his stake in the aspiring gold miner for a tidy $17.8 million in his transition from managing director to a non-executive board role.

Some of Perth's most experienced venture capitalists are seeking to raise more than $100 million for startup investment.

Mining services companies Mader Group and Perenti have increased their guidances after recording bolstered revenue in their first half results.

Qantas will spend $100 million to upgrade its lounges at airports worldwide, including doubling the seats of one of its regional Western Australian facilities.

As criticism of the government's energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.

The use of economic sanctions and trade tools can be effective supports for battlefield action.

Macmahon Holdings has recorded steady growth in its first half and has increased its revenue guidance after renegotiating a contract extension for work in Indonesia.

Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.

Port Hedland's Lumsden Point will be one of the Pilbara-based ports slated for an upgrade as part of a $565 million funding boost to expand export and import capacity.

Softer iron ore prices combined with a 70 per cent spike in diesel costs crunched BHP's underlying profit by 32 per cent during the first six months of FY23.

Australian consumers are feeling a little more upbeat but the nation's weekly measure of consumer confidence is still deeply in negative territory.

$565m fix for Pilbara ports

On today's episode of At Close of Business, Matt Mckenzie interviews Mark Beyer about his latest story on tensions between mining and tourism in the coastal town of Lancelin.

The Environmental Protection Authority has found Mineral Resources' plan to build a 125-kilometre road adjacent to Andrew Forrest's Minderoo Station is unlikely to have any ‘material' impact on nearby pastoral operations.

A return to the cashless debit card scheme will not address intergenerational issues in remote communities, the prime minister says.

The local share market has finished slightly higher as the market digested a spate of earnings reports from NIB, BlueScope Steel, Ampol, A2 Milk and others.

Sydney-based steakhouse 6HEAD has committed to a 10-year lease at Brookfield Properties' One the Esplanade development, being the first hospitality tenant to sign up.

Perth-based Macmahon Holdings has struck a renegotiated contract extension with Amman Mineral for work on its Indonesian copper and gold mine but under substantially different terms.

ASX-listed developer GDI Property Group is planning to convert the six-storey car park into apartments with a 12-storey office tower above.

Swift Networks Group has told the market that it is cooperating with the Australian Competition and Consumer Commission regarding an investigation into an alleged tendering cartel.

Western Australia has recorded the largest drop in retail sales in December compared to other states and territories, according to the latest monthly retail turnover data released by the Australian Bureau of Statistics.

Perth-based Austin Engineering has been awarded a $5 million grant from the state government to boost its mining equipment manufacturing program.

The Market Herald has opened a shortfall bookbuild after its bid to raise $15 million in an entitlement offer last month fell short by $3 million.

Tensions between mining and tourism are on show in the coastal town of Lancelin.

The state's biggest goldminer will pay a record interim dividend to investors on the back of stronger commodity prices, despite feeling the effects of a higher inflationary environment.

Steel Blue chief executive Garry Johnson will step down in June, to be replaced at the industrial footwear business by Peter Bell.

Subiaco-based explorer Tivan is finalising a $20 million acquisition of King River Resources' vanadium and titanium project in the Kimberley.

BlueScope has posted a drop in first-half net profit and warned of a "material impact" from proposed emissions rules for firms with big industrial facilities.

Industry, government and financiers need to invest more than $20 billion per year for the Australian economy to expand without dangerous levels of pollution.

Jim Chalmers will push to legislate a common objective for superannuation funds to stop early withdrawals and limit the use of super to accumulate wealth.

Albanese's pledge to make WA visit count

Housing Minister John Carey has doubled down on his call for industry to provide more affordable housing, as the state's housing supply shortage worsens.