Adrian Rauso

McGrathNicol has been appointed administrators to MZI Resources, just over a month after it announced it was $32.25 million in the red for the half-year to December, compared to a $11.34 million loss from the prior corresponding period.

Housing finance provider Australian Finance Group says lending for homes in the first three months of 2019 in Western Australia has plunged to the lowest level since it began tracking mortgage values in mid-2012.

Decmil Group has been awarded a $105 million contract by Major Road Projects Victoria for Stage 2 of the Plenty Road Upgrade project.

Sumatra Copper & Gold has announced it intends to appoint Wilkins Kennedy Amersham as administrators of the company, less than a week after Orinoco Gold went into administration.

Ausdrill has sold its waterwell drilling business to the Peter Hutchinson-chaired Vysarn for $16 million, and the ASX hopeful is seeking to raise $13 million.

Perth’s housing market is expected to continue its decline in 2019, with a trough not likely until 2020, according to the latest CoreLogic-Moody’s Analytics house price forecasts, which are substantially more negative than the previous report six months ago.

Three junior explorers have announced capital raisings, with Beacon Minerals and Galan Lithium allocating the funds raised towards their respective flagship projects, while Pacifico Minerals is seeking to acquire a project.

Wesfarmers said its talks with the Malaysian government about Lynas Corporation had been mischaracterised, as the rare earths miner confirmed it was considering Western Australian sites for materials processing from its Mt Weld mine.

Westgold Resources has sold two lithium production royalties in the Goldfields to Silverstream, just over four months after it terminated an agreement to sell the royalties to the same company.

WeDispatch was formed when Dublin-based WeBringg acquired Perth-based Spatula.io in July 2018, and the software development team continues to be based at IQX at the University of Western Australia.

Wesfarmers has confirmed it engaged in discussions with the Malaysian government in regards to its takeover target, Lynas Corporation, as the rare earths miner revealed it may set up processing operations closer to its Mount Weld mine near Laverton.

AP Eagers has made a takeover bid for Automotive Holdings Group, which values the struggling West Perth-based car retailer at around $635.4 million.

Sales of passenger vehicles in Western Australia in the three months to March fell by 18.5 per cent from the prior corresponding period and sales of sport utility vehicles also fell, but demand for light commercial vehicles was on the rise.

Listed companies Battery Minerals, Cassini Resources and First Graphene have completed share placements, with the proceeds to help fund their projects in the battery metals sector.

Gold aspirant Capricorn Metals has announced a $10.1 million rights issue, while the company assess sale options, including being acquired.

Agtech startup Laconik has received a federal government grant, the only Western Australian-based business out of 15 across the country to receive a portion of a $5.3 million round of funding.

Fortescue Metals Group and joint venture partners Formosa Plastics Group and Baosteel Resources have approved the $US2.6 billion ($3.7 billion) development of the Iron Bridge magnetite project in the Pilbara, with the iron ore miner assuring the market it will not repeat the mistakes of earlier magnetite projects.

House prices in Perth have continued their downward trend, which has sparked an increase in first homebuyer activity, according to the latest data.

Perth-based employment services firm Downing Teal has been acquired by CGH Group, which will include the creation of a new entity called Beilby Downing Teal that will employ 50 staff across seven offices.

The independent directors of Sydney-based Riversdale Resources have urged shareholders to reject the $2.20 per-share offer lobbed by Gina Rinehart’s Hancock Prospecting last month.

Gascoyne Resources has written down the value of its flagship Dalgaranga gold project by $33.5 million, as the company's half-year results revealed its liabilities are greater than its assets.

Shares in West Perth-based Skin Elements have fallen 23.3 per cent today to trade at 3.3 cents each, following its response to two ASX queries after trade closed yesterday.

Perth-based Westgold Resources has agreed to sell its Higginsville gold operation to RNC Minerals, in a cash and scrip deal worth $50 million.

Wesfarmers has made a $1.5 billion indicative offer for rare earths miner Lynas Corporation, its first takeover bid since its ill-fated $705 million purchase of Homebase in the UK in February 2016.

Shares in Nuheara fell by as much as 27 per cent today after the UK’s National Health Service removed the company's IQbuds Boost hearing bud from its hearing aid category.

Shares in St Barbara have fallen 30 per cent after the company said it would have to keep using trucking to extract gold from its flagship Gwalia project, due to ventilation issues it discovered at the underground mine.

Supreme Court justice Kenneth Martin has slammed the long-running legal battle between Clive Palmer’s Mineralogy and CITIC Pacific Mining as a massive, unnecessary waste of judicial resources, with both parties bearing responsibility.

The unemployment rate in Western Australia fell by 1 per cent in February, as 11,000 people stopped looking for work.

Western Australia has recorded the largest percentage increase in net overseas migration in Australia, but its population growth was the third lowest in the country.

Constructive Software is a digital user interface between builder and client that makes the process of selecting fixtures and finishings like an online shopping experience.

RCR Tomlinson’s secured creditors may only receive around $70.6 million of the $230 million they are owed, and its unsecured trade creditors are likely to receive none of the $170.6 million they are owed, as administrators McGrathNicol recommended the failed engineering firm be liquidated.

The replacement of the logo at the top of Perth’s second tallest skyscraper has commenced, after BHP Group changed its name from BHP Billiton in November.