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.
Copper and tin producer Metals X has launched a $32.7 million capital raising to turn around its struggling Nifty copper operation, less than three weeks after it refreshed its board at the behest of its largest shareholder.
The Royal Automobile Club has posted strong full-year revenue and profit figures, but the not for profit also wrote-down the value of two of its business ventures.
Ibaera Capital has made a hostile $27.4 million takeover bid for fellow West Perth-based company Azumah Resources, as the fund manager seeks to get both hands on its gold joint venture in West Africa.
Gina Rinehart’s Hancock Prospecting may have to pour more funds into the severely cash-strapped UK-based Sirius Minerals, after the company shelved a $US500 million bond issue for a multi-billion dollar potash project in the UK, blaming factors such as a lack of government support and Brexit uncertainty.
A widely publicised report out today that claimed Western Australia will need 10,700 more operational workers in the mining sector by 2024 appears to be misleading, according to a review by Business News.
Subiaco-based uranium company Peninsula Energy has flagged a write-down of between $US20 million ($29.2 million) and $AUS30 million ($A43.8 million) stemming from its Lance on-site recovery project in the US state of Wyoming.
Qantas chief executive Alan Joyce was Australia's highest-paid chief executive last year, according to a survey based on 'realised' pay, which also ranked Saracen Mineral Holdings managing director Raleigh Finlayson in the top 10.
Evolution Mining has agreed to spend $18 million on exploration over the next five years on West Perth-based Musgrave Minerals’ Cue gold project in the Murchison region.
Subiaco-based Titan Minerals has launched its second takeover offer this year for Canada-based Core Gold, which is the largest gold producer in Ecuador, for a lower value than its initial bid.
Mark Clark-chaired Capricorn Metals has announced four new board and management appointments, including a new chief executive, all formerly employed at Regis Resources, which Mr Clark led for nine years.
Directors of several Perth-based ASX-listed companies have undertaken substantial share transactions in the past fortnight, with Peter Bradford, Peter Cook and John Welborn among those taking advantage of the trading window after the release of their annual results.
Synergy has secured a substantial electricity supply deal with the North Metropolitan Health Service, one of several electricity contracts awarded by government agencies in the health and education sectors in recent months.
Employment opportunities for geoscientists in Western Australia are improving, but it is not the best state in Australia for job prospects, according to the latest data from the Australian Institute of Geoscientists.
Shares in Strategic Elements surged up to 32 per cent today after the software company announced a 12-month deal with multinational conglomerate Honeywell to develop experimental autonomous robotic vehicles
Vysarn has rejoined the ASX with a healthy share price gain, five months after it struck a deal to purchase Perenti Global’s waterwell drilling business for $16 million.
Woodside Petroleum expects to reduce its stakes in Australia's Scarborough gas field and Canada's Kitimat liquefied natural gas project, which would help it reduce its capital expenditure, its chief executive told Reuters.
ASX-listed Maximus Resources has reached a $5.2 million sale agreement for its Burbanks gold processing plant in the Coolgardie region, after its previous $5.8 million deal with Adaman Resources fell through.
Investment group QIC will need to increase its $422 million offer for Pacific Energy, after a consortium consisting of OPTrust and Infrastructure Capital Group lobbed a superior offer to the remote power provider.
Sheffield Resources has raised $18 million via a share placement, in lieu of a bridging loan facility, and to progress the strategic partner process for its Thunderbird mineral sands project.
Lending to investors and first homebuyers in Western Australia is showing early signs of a rebound from its record slump, according to the latest seasonally adjusted data from the Australian Bureau of Statistics.
Western Australia’s domestic gas production for the three months to June was a quarterly record, leaving the state experiencing a surplus of gas while east coast production fell again.
Lynas Corporation has signed an agreement with the City of Kalgoorlie-Boulder to review potential sites for a cracking and leaching plant, as the rare earths producer seeks to assuage concerns from Malaysia around radioactive waste.
Gold Road Resources and Silver Lake Resources will join the S&P/ASX 200 index, while Seven West Media was among the losers in the indices reshuffle, as the quarterly rebalance of the S&P/ASX indices was announced today.
Andrew Forrest-backed Poseidon Nickel has edged closer to restarting operations at its Black Swan project in Western Australia following a recent surge in nickel prices.