Fraser Beattie joined Business News in May 2014 and covers all of the latest mergers and acquisitions, contracts and deals, state politics and resources news online. Fraser graduated from Edith Cowan University in 2012 with a bachelor of communications degree, and majored in Journalism and broadcasting. He had a stint at a local radio station in Park City, Utah, in 2013, where he covered the latest trends in music in the US. Fraser left Business News in 2017.
Metals X spin-off Westgold Resources has entered into a toll processing agreement with Canadian company RNC Minerals that comes with an option to sell its South Kalgoorlie operations for $80 million in cash and shares.
WA Labor says it will spend $45.5 million to bring new services to Royal Perth Hospital if it wins the March state election, while the Liberals say they will use about $83 million from the partial sale of Western Power to build three new Tafe facilities.
At least two Western Australian Bunnings warehouses will close as part of the hardware giant’s purchase of Woolworths’ Masters sites, BWP Trust has disclosed.
North Perth-based tech company Scancam has raised $1.2 million from investors as it seeks to expand sales of its anti-fuel theft technology into new markets.
AngloGold Ashanti has made a $6 million investment in Perth-based Orinoco Gold and plans to spend $US9.5 million ($A12.4 million) to farm-in on the company’s gold tenements in Brazil.
Perth-based explorer Lithium Australia has lodged a takeover bid for rival lithium-focused Lepidico - in the middle of a Supreme Court battle between the two companies - in an all-scrip deal that values the target at $23.8 million.
Tigerair Australia has permanently and immediately ended all flights between Australia and Bali, after failing to receive approvals from the Indonesian government.
Shares in junior explorer AVZ Minerals have skyrocketed on news the Perth company has struck an agreement to acquire a majority stake in a lithium mine in Africa, and has raised $5 million to fund the deal.
WA Labor leader Mark McGowan today guaranteed that, if elected in the March state poll, he would return the budget to surplus within his first term as premier.
Minerals explorer TNG has finally lodged a prospectus for the demerger of its base metals portfolio into a spin-out company, while Heron Resources and Force Commodities have both progressed their respective demergers.
The worst could soon be over for Perth’s troubled housing market, with new data hinting at a bottoming of the downturn while warning that any recovery will likely be slow.
The iconic Dingo Flour mill in North Fremantle is coming under new ownership after Graincorp and Cargill Australia agreed to sell their Allied Mills Australia joint venture to private equity group Pacific Equity Partners.
Navitas chief executive Rod Jones says he has been impressed by the company’s ability to retain earnings despite the closure of two university joint ventures in Australia, with the education provider growing net profit and maintaining guidance for the 2017 financial year.
The state government has awarded an $11.5 million contract to Universal Constructions for development of the replacement Doubleview Primary School, while other local builders have shared in $26.7 million worth of work.
A subsidiary of Spanish-controlled CIMIC Group will build the final stage of the $1.12 billion Northlink WA roads project, with the state government awarding the last unassigned portion of work today.
The state government says it expects to reap about $300 million from the sale of all nine lots at Elizabeth Quay, with three offers being considered for the last vacant site.
The head contractor building the new Perth Children’s Hospital dropped a bombshell this morning, with the project’s manager saying the company is not responsible for the lead-contaminated water, and that water being delivered to the site already contains the harmful metal.
Gold miners operating in Western Australia performed solidly in the three months to December, with Northern Star Resources, Independence Group and Evolution Mining all posting strong results.
Construction giant CIMIC Group has proposed to acquire all the shares it doesn’t own in Perth-based Macmahon Holdings, with the deal valuing the target at about $174 million.
A new tourism venture has taken flight, with sightseers now able to make day trips down south via seaplanes that take off and land on the Swan River, as a second operator continues a long-running battle to gain regulatory approval for a similar service.
A Belmont-based, family-owned uniform supplier has won a $96.5 million contract to continue providing its services to the state government over the next 10 years.
Perth-based gold exploration company Huntsman Resources is seeking to list on the ASX with the launch of its prospectus for a $4.5 million initial public offering.
Outback Western Australia is the worst-performing property market in the nation, according to a new report by ratings agency Moody’s, which also found housing prices in Perth have fallen by 8 per cent since peaking in December 2014.
Local concrete construction business Whittens has won a $15 million contract with a joint venture comprising Monadelphous Group and ZEM Energy for work at the Sapphire wind farm in New South Wales.
The state government has received a proposal for a $1.85 billion World Trade Centre in the Perth CBD from a Middle Eastern-backed private group that includes former Perth Airport manager Neil Kidd.
Mineral Resources managing director Chris Ellison has sold down a small portion of his stake in the diversified Perth business, netting $21.6 million from the transaction.
Pilbara Minerals has awarded a $148 million contract to RCR Tomlinson for the engineering, procurement and construction of processing facilities at its Pilgangoora lithium project south of Port Hedland.
The Building Commission's Building Services Board has imposed conditions on two Diploma Group subsidiaries, limiting their ability to carry out work, after the parent company fell into the hands of administrators just before Christmas.
The state government has approved Canadian miner Cameco’s proposed Yeelirrie uranium mine in the Goldfields, despite its failure to meet one of nine Environmental Protection Authority recommendations.
A joint venture between BGC Contracting and Laing O'Rourke has been confirmed as the successful bidder for a $417 million contract to deliver the second stage of the Northlink WA roads project.