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.
The number of new homes being built in Western Australia has fallen to its lowest level since records started in 1984, with little signs of improvement predicted in the next few years, according to the latest report from the Housing Industry Forecasting Group.
Rio Tinto has approved a $3.5 billion investment to develop its Koodaideri iron ore mine in the Pilbara, lifting the total amount to be spent on new iron ore projects in Western Australia to $12 billion.
Local tech company Nuheara has won a two-year contract to provide the UK’s National Health Service with its IQbuds Boost hearing bud for adults and children with mild to moderate hearing loss.
West African Resources has awarded a five-year, $152 million underground mining contract to fellow Perth-based miner Byrnecut at its Sanbrado gold project in Burkina Faso.
Resolute Mining has announced plans to list on the London Stock Exchange, just a day after fellow Africa-focused miner MOD Resources was admitted to the LSE.
Western Australian small and medium enterprises are the second least confident of all states and territories, but are the most optimistic for the long-term future, a survey of 1,000 SME operators has revealed.
BHP Group has identified a new copper find near its Olympic Dam operations in South Australia, as speculation continues that Rio Tinto has also made a big copper discovery, in the Pilbara.
Resolute Mining has signed a joint development agreement with Africa-focused power developer Ignite Energy to set up a 40-megawatt hybrid solar, battery and fuel oil plant at its Syama gold mine in Mali.
WestStar Industrial subsidiary Simpec has won a $1.7 million contract at Iluka Resources’ Cataby mineral sands project, located approximately 150 kilometres north of Perth.
Automotive Holdings Group’s shares have slumped to their lowest point since 2012, after the company’s trading update revealed that profit at the start of this financial year was lower than anticipated.
Junior gold miner Echo Resources has appointed former Eastern Goldfields chief executive Victor Rajasooriar as its new leader, effective today, after former chief executive Simon Coxhell resigned in October.
Former ATCO Gas Australia president Pat Donovan has been announced as the new chief executive of the Water Corporation, replacing Sue Murphy after a 10-year tenure.
Perth house prices and sales volumes are unlikely to improve significantly next year but rental rates could increase, according to the Real Estate Institute of Western Australia.
Mineral Resources has struck a deal to sell a 50 per cent stake in its Wodgina lithium project for $US1.15 billion ($1.6 billion), with the company set to form a joint venture with US outfit Albemarle Corporation.
Contractor MACA has announced a hit to earnings due to tightening margins in its core mining division, with its net profit expected to slump to between $7 million and $9 million for the half year to December 2018.