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.
Gold miner Perseus Mining has announced the biggest capital raising by a Western Australian company for the year, topping the likes of Pilbara Minerals and Gold Road Resources.
Stephen Pearce has been appointed to the board of Fortescue Metals Group, but will retain his current role as chief financial officer of the iron ore giant.
Perth dwelling prices fell 1.7 per cent in the three months to March, while the average dwelling price across Australia's capital cities also fell for the first time in over three years.
Troubled civil and construction contractor Brierty’s forecast net loss has doubled to $12 million, with the company also revealing the cost on a project with Main Roads Western Australia has now blown out to about $22 million.
Cottesloe-based Triangle Energy Global has emerged as the new buyer for AWE’s majority stake in the Cliff Head offshore oil project in the Perth Basin.
Five Perth-based junior miners and explorers have announced plans to raise a combined $29.8 million to fund ongoing work at their respective projects, with Excelsior Gold also attracting a new cornerstone investor.
Local contractor NRW Holdings has been awarded a $30 million contract to provide its services to Rio Tinto’s Yandi Oxbow iron ore mine in the Pilbara, on the same day its long-serving director Ian Burston announced his retirement.
Social media platform and app developer Thred has enjoyed a steady first day on the ASX, while two other Perth-based companies have made progress on their respective reverse takeovers.
The cost to developers of connecting a subdivision or development to water supply infrastructure will be reduced by nearly 50 per cent from next month.
Oil and gas company AWE has found a new buyer for its majority stake in the Cliff Head offshore oil project, after Elixir Petroleum was unable to complete a previously announced deal.
Wellard shares were hammered for a second time in less than a week, with the company warning of yet another potential profit hit before the end of the financial year.
Women are being appointed to ASX200 boards at a faster rate than ever, but a number of major Western Australian companies remain without any female representation on their boards.
Shares in Mount Gibson Iron have soared on news the iron ore miner received an $86 million property damage insurance payment for the collapse of a seawall at its Koolan Island mine in 2014.
A joint venture comprising BGC Contracting and Laing O'Rourke has won a contract to deliver the second stage of the Northlink WA roads project, with the deal believed to be worth in excess of $400 million.
IMX Resources chief executive Phil Hoskins has been replaced by former Focus Minerals boss Campbell Baird, while the company plans to restructure and rebrand itself under a new name.
Perth-based telecommunications company Norwood Systems has tapped investors for a $5 million capital raising to fund ongoing development of its products.
Mining contractor Barminco has won a $275 million contract to provide its services to the Northern Star Resources-majority owned Kundana gold mines in the Goldfields.
More than 200 junior mining and exploration companies would fail to meet new listing requirements the Australian Securities Exchange plans to introduce later this year, a study has found.
Perth-based gold stocks Blackham Resources and Red 5 are a step closer to commencing major new developments after completing feasibility studies and receiving final approvals.
IMX Resources spin-off Graphex Mining has enjoyed a strong ASX debut, with its shares trading 80 per cent higher than its initial public offer raising price.
Shares in marine services business MMA Offshore were lower after the company warned of a profit reduction and no reprieve in the coming financial year.