Adrian Rauso joined Business News in February 2018 as the morning email producer and is the online news reporter as of January 2019. Adrian completed a degree in journalism and politics at the University of Notre Dame, where he was the co-editor of the University’s student magazine for nearly two years. He also has experience in corporate affairs at the United States Consulate in Perth.
Resolute Mining was the gold medal performer on the ASX 200 this morning, as investors welcomed news that a broken processing circuit at its Syama operations would not affect its production guidance.
Subiaco-based Tao Commodities has added to the growing interest among junior mining companies in the Western Australian iron ore sector, after it signed a binding term sheet to buy DSO Mining in a scrip deal worth at least $3.27 million.
Finbar Group has signed a joint venture agreement with a Singapore-based developer to purchase 1,697 square metres of land in the CBD for $6.5 million, which Finbar estimates will have an end value of $71 million once developed.
Asian Engagement Minister Peter Tinley has talked up Western Australia’s business opportunities with Indonesia, as federal parliament is set to ratify a significant trade deal with the South-East Asian country.
Galaxy Resources will scale back shipments from its flagship Mt Cattlin mine by up to 48 per cent, as weak global demand for lithium continues to linger.
Shares in Bentley-based medical cannabis company Botanix Pharmaceuticals have nearly halved, after it released the results of its clinical trial for acne treatment.
ASX-listed TNG is seeking a dual listing on the main market of the London Stock Exchange, as the Subiaco-based company hunts for investors to get its $824 million Mount Peake vanadium-titanium-iron project off the ground.
Surveying services business Veris recorded a 27.8 per cent rise in underlying earnings for the September quarter, underpinned by a substantial cost cutting strategy, which has been welcomed by investors.
Thomas Building has secured works at the $17 million Tambrey Shopping Centre - the first major retail development in Karratha in two decades - and been contracted to build the $6 million Kalgoorlie Renal Hostel.
DoricJaxon Consolidated maintained a modest profit for the 2019 fiscal year, despite sluggish conditions in Western Australia's commercial construction sector.
Minister for Ports and Regional Development Alannah MacTiernan says a multi-billion dollar Oakajee port and rail project is unnecessary and Sinosteel’s Midwest general manger said there were no guarantees the company would push ahead with the project.
Significantly lower grain production is on the cards in Western Australia for the 2019-2020 season, with Rabobank Australia predicting a fall of over one third.
Geopacific Resources has completed a $40 million share placement, and aims to raise a further $5 million via a share purchase plan to fund its $198.5 million Woodlark gold project in Papua New Guinea.
Seven West Media has struck a deal to sell its magazine assets, which include Marie Claire, Men's Health and New Idea, to Bauer Media for $40 million in cash.
The Real Estate Institute of Western Australia’s latest data has confirmed the dire market for Perth’s homeowners, but Floreat, Karrinyup and Mindarie were among the handful of suburbs to record a positive median price shift.
Seven West Media has announced an agreement to acquire regional TV broadcaster Prime Media, while the Kerry Stokes-chaired company will also divest its radio assets in Western Australia to Southern Cross Austereo.
Western Australia’s seasonally adjusted unemployment rate fell 0.1 percentage points in September to 5.7 per cent, marking the fourth month in a row the rate has remained below 6 per cent.
BHP says it will make a final investment decision on its long-delayed Jansen potash project by early 2021, and announced its South Flank iron ore project is now half complete.
Shares in Northern Star Resources slumped today following the release of a quarterly update for its Pogo mine in Alaska, but the gold miner has assured investors that the weak results from the highly-touted operation were expected.
Woodside Petroleum is priming itself to begin design work on its $30 billion Browse LNG project by the end of the year, and has reiterated its intention for a final decision on construction during the first half of 2021.
Fortescue Metals Group, South32, Iluka Resources, Western Power and Synergy are among a group of 10 resources and energy companies collaborating to develop a toolkit to pre-screen for modern slavery risks within their supply chains.
Northern Star Resources has surpassed a 50 per cent stake in takeover target Echo Resources, and has moved swiftly to change the board of the gold junior.
Rio Tinto has recorded an increase in its Pilbara iron ore shipments for the September quarter, but it is still behind in its production results compared to the year prior.
G&S Engineering Services has been awarded a $20m contract by Kalium Lakes, the latest beneficiary from a string of contracts the potash player has handed out recently.
Perth-based Diamond Cyber Security and Asterisk Information Security will be two of at least 12 Australian cyber security firms bought out by BGH Capital and merged into a new entity to compete with the larger US-based vendors.
MACA has secured a $26 million contract at the Fortescue Metals Group-operated Iron Bridge magnetite project in the Pilbara, while NRW Holdings secured a contract in Queensland.
The state government has banned 11 contractors for up to five years each, as a result of the Corruption and Crime Commission’s (CCC) investigation into the North Metropolitan Health Service.