Blackham Resources’ battle with Wesfarmers Premier Coal Ltd over the Scaddan lignite deposit further increases the industry’s uncertainty about investing in exploration in Western Australia, according to the Association of Mining and Exploration Companies
There may be a host of rags-to-riches tales among the executives enjoying the share price spoils of their publicly listed entities, but it’s a storyline that also extends to the private sector.
The resources boom has swelled the job books for many of the country’s engineering firms, which in turn has lifted company profits and share prices and lined the pockets of some of the industry’s long-serving executives.
WA Business News’ Wealth Creators may be sitting on enormous fortunes, but that wealth is predominately on paper. And while the stock market can push the value of an individual’s shareholding up, it can just as easily make the wealth disappear.
WELSHPOOL earthmoving business NRW Pty Ltd has acquired Hazelmere-based Action Mining Services, creating a major player in WA’s mining contractor sector.
iiNet is set for a much bigger windfall from Telstra after the Australian Competition and Consumer Commission today advised the Perth-based ISP that the final price it was likely to force Telstra to on-sell its wholesale broadband service would be lower t
WA's wine exports to China have been growing at a rate far beyond that of the industry’s key markets, but many local wineries believe it will take more than a decade before China becomes a significant customer of the state’s premium drops.
More than 20 surfboards emblazoned with Cape Mentelle’s new-look Georgiana and Marmaduke surf-inspired wine labels will be used in a promotional campaign across Australia later this year to showcase the Margaret River winery’s latest vintage.
Tourism WA chair and restaurateur, Kate Lamont, believes Western Australia’s tourism promotion should be focused on markets that bring in big-spending tourists rather than attracting lots of low-spending ones.
The owners of Margaret River’s popular Vat 107, Jenny Spencer and Gary Cream, have recruited the services of London chef, Steven Black, to spearhead the development of their sister operation in Bunbury, Vat2.
The shortage of hospitality workers has hit crisis point, according to several tourism industry leaders, who say increasing the number of immigrants to work in the sector will help businesses grow and prevent service levels falling.
Iron ore hopeful Australasian Resources Ltd appears to have secured a major breakthrough on its plans to develop its giant Pilbara iron ore project after negotiating a funding deal with Chinese steel giant Shougang Corporation.
Watershed Premium Wines managing director Geoff Barrett said his company would turn to foreign investment to continue in its push to plant a total 240 hectares of vineyards.
The board of Empire Beer Group Ltd will meet next week to discuss whether to abandon plans to develop a second Colonial Brewing Co at Warren Mead’s Oyster Bar at Port Beach in favour of another development opportunity in Fremantle.
The property arm of Victorian listed wine group Cheviot Bridge is on the hunt for wineries in Margaret River, joining several other east-coast operators interested in buying a slice of the premium wine region.