Oil prices fell 1 per cent overnight after OPEC+ agreed to ease record supply curbs and as new infections of the novel coronavirus continue to surge in the United States.
Gold fell below the key $US1,800 level overnight as the US dollar strengthened and the European Central Bank kept its monetary policy on hold, prompting some investors to lock in profits.
The Preserve Gnarabup community group will gather for a public rally against the development of a five-star resort in Margaret River tomorrow, following its proposal to rezone the land.
West Perth-based Challenger Exploration says it will use funds raised from a $20 million share placement to explore the company's gold projects in South America.
Snowden has become the latest Perth-founded mining service to change ownership after being purchased by Datamine, a subsidiary of Canadian company Vela Software.
The Australian share market has closed lower as Victoria reported the most coronavirus cases since the start of the pandemic and the country's unemployment rate hit a two-decade high.
The state government will invest $11.6 million into critical infrastructure upgrades at Geraldton Port, as part of Western Australia's wider post-COVID economic recovery.
Shares in King River Resources rose 20 per cent today after the Western Australian company said it would begin exploration activities next month, following COVID-induced delays.
Helloworld Travel has announced a $50 million capital raising at a hefty discount to bolster its balance sheet as the travel company looks to survive the coronavirus pandemic.
Gibb River Diamonds is set to acquire its first gold asset after securing the option to buy Nexus Minerals' high-grade Edjudina gold project in the Eastern Goldfields.
Thousands of small to medium businesses in WA will be eligible for state government grants of $17,500 to help them recover from the economic impacts of COVID-19.
Gold prices edged up overnight, holding above the key $US1,800 level, as a surge in coronavirus cases and simmering US-China tensions bolstered safe-haven demand, but a strong equities market capp
Oil prices rose 2 per cent on Wednesday, supported by a sharp drop in US crude inventories, but further gains were limited as OPEC and its allies are set to ease supply curbs from August as the global economy gradually recovers from the coronavirus pandemic.
Western Australia's property industry is the second-most positive in the country when it comes to assessing the impact of COVID-19, according to a recent survey.
Eden Innovations has secured a $48 million supply contract with US-based Silent Partner International, which will use Eden's concrete products over an eight-year period.
Black Cat Syndicate has launched a $10 million share placement, with three other Western Australian-based explorers also seeking funds to progress their gold and copper projects.
Rare earths miner Lynas Corporation has moved ahead with the development of its Kalgoorlie processing plant after signing a $21.6 million contract with Metso Outotec.
The local bourse has enjoyed its best day in nearly a month, with all sectors posting gains as investors looked past worries about a resurgence in coronavirus cases.
