Liontown Resources, Genesis Minerals, Peak Resources, and Marindi Metals have all made capital raising announcements today as they seek to advance exploration projects.
Oil prices plummeted more than seven per cent overnight, with the US benchmark posting its worst day in more than four years after President Donald Trump said he would impose additional tariffs Chinese imports starting on September 1.
Gold rose nearly two per cent overnight after US President Donald Trump said he would impose additional tariffs on Chinese imports, renewing trade tensions between the two countries and dragging the US dollar down from two-year highs, sending bond yields lower.
The Aussie dollar has sunk to its lowest level against its US counterpart in a decade, and the Australian sharemarket has also finished lower, after the US Federal Reserve said its interest rate cut is unlikely to be the first of many.
Rio Tinto has reported its biggest first-half profit since 2014 and declared a bumper dividend, as red-hot iron ore prices helped offset the impact of disruptions caused by a cyclone in late March.
Construction has started on Stirling Capital's $42 million Treehouse apartment project in Jolimont, part of LandCorp's Parkside Walk urban regeneration project.
The construction company overseeing the 2017 refurbishment of the GPO building in Forrest Place has been fined $38,000 after pleading guilty to charges over the death of a 17-year-old worker on the site.
Qantas has reaffirmed its desire to gain control of Alliance Aviation Services despite the competition watchdog today expressing concern about the two airlines coming together.
Botanix Pharmaceuticals is set to raise $40 million via a share placement, less than two months after it released studies suggesting its cannabis compound could be used as an antimicrobial to mitigate superbugs.
Perth's house price woes have worsened further, after it recorded the sharpest decline in median price among Australian capital cities in June, according to the latest CoreLogic data.
A $1 billlion-plus lithium refinery planned for the Pilbara has been put on hold and a second refinery under construction in the South West has been reduced in size as local company Mineral Resources and its US partner restructure their joint venture after a sharp fall in lithium prices.
Andrew Forrest's Minderoo Group has narrowed the choice for the preferred design to replace the Indiana Tea House on Cottesloe Beach, after two of the four designs received strong support from the public and the competition jury.
Northern Star Resources and Saracen Mineral Holdings have budgeted $76 million and $50 million towards exploration for this financial year, respectively, as the gold miners seek to continue to boost their record level of reserves.
Perth's office market has emerged as the hottest leasing market in the country, with falling vacancies putting upwards pressure on rents in top-grade office stock.
Oil prices rose for a fifth day overnight following a larger-than-expected drop in US inventories and after the Federal Reserve cut US interest rates for the first time in more than a decade.
Gold prices fell overnight after the US Federal Reserve cut interest rates for the first time since 2008, as markets priced in the move and a lack of dovish outlook failed to cheer investors.
Perth-based gold producer Resolute Mining is adding a fourth mine to its portfolio after striking an agreement to acquire privately owned Toro Gold, which owns the high-margin Mako mine in Senegal.
Independence Group has exceeded production guidance at its Nova project, but costs at the operation were also higher than expected and are forecast to increase even further this financial year.
Deputy under-treasurer Michael Court has joined the board of Horizon Power, the latest in a string of moves to appoint government employees to directorships at energy utilities.
Alex Ogg has been appointed chief executive of the Western Australian Fishing Industry Council Inc, after serving in the role on an interim basis since May.
Sheffield Resources has trimmed the capex of its Thunderbird mineral sands project by $101 million to $478 million, in order to significantly reduce its equity funding requirements.
Exports to Thailand from Western Australia have surged about 270 per cent from a low point just three years ago, as the South-East Asian country seeks to strengthen linkages with Australia and partners.
June quarter Inflation has narrowly beaten expectations with a rise to 0.6 per cent, which likely postpones a third consecutive rate cut next month but is not enough to ward off a further reduction by the end of the year.
A Perth window company and its director have been fined a total of $66,000 for not complying with a building commissioner's order to fix incorrect glass installed at a Mandurah home.
The Western Australia Court of Appeal has dismissed an application seeking to overturn the environmental approval granted in 2017 to Cameco Australia's Yeelirrie uranium project.
