After a stint as an intern in May 2020, Simone Grogan returned to Business News in October 2021 covering general news, companies, resources and courts. She started her media career with The Market Herald after graduating from Curtin University with a Bachelor of Commerce, majoring in journalism and public relations. Prior to this she worked in financial services.
Approval for a $160 million NAIF loan has ticked off a solid chunk of funding Sheffield Resources needs to develop the Thunderbird Mineral Sands project in the Kimberley region.
Engineering group Monadelphous has secured new work and extensions to the tune of $230 million, as Bill Beament-led Develop lands a $400 million job on Bellevue’s namesake project.
Western Australia has jumped from fourth place to first in Fraser Institute’s global mining survey rankings for 2021, knocking Nevada off the top spot.
Iluka Resources intends to demerge its rutile business in West Africa, while Northern Star is set to pocket $44.5 million from divesting two gold projects.
Tattarang has directed $26.8 million into Natural Fiber Welding, a plastic free fabric enterprise that has partnered with the likes of Alexander McQueen, Ralph Lauren, Pangaia and BMW.
A Southern Cross Electrical Engineering subsidiary has been awarded approximately $50 million worth of work at BHP’s iron ore operations in the Pilbara.
As one of only a handful of aviation lawyers in town, Rebecca Johnston’s latest gig has been helping ‘dream client’ and VGW founder Laurence Escalante secure a Bombardier 7500.
Property technology company Openn Negotiation has scored a pilot agreement with two North American real estate groups, lifting shares some 13 per cent.
IGO’s proposed acquisition of Western Areas has hit a snag amid claims that an independent report prompted the WSA board to potentially reconsider its endorsement of the $3.36 per share offer.
Fine dining institution Friends Restaurant has been put up for sale by owners Clyde and Lesley Bevan who have run the business for over a quarter of a century in Perth’s CBD.
Comet Resources is raising $50 million to cover restart and acquisition costs for Glencore’s Queensland Mt Margaret Copper project, which has been out of action since 2014.
Caravel Minerals has delivered a maiden ore reserve for its namesake project in WA’s Wheatbelt, appraising the outfit as one of Australia’s largest undeveloped copper deposits.
OTR Tyres has acquired NYSE-listed Titan International’s Australian wheel division in a bid to springboard the Bellevue business’ east coast operations.
Paladin Energy is calling for $215 million to restart the Langer Heinrich mine in Namibia and has lined up another taker for its product, evidence of what it says is a strengthening uranium market.
John Borshoff’s Deep Yellow and WA uranium play Vimy Resources have agreed to terms for a proposed $658 million merger, some four months after Vimy first put Mulga Rock on the market.
Fortescue Metals has clarified a statement by Andrew Forrest implying that a partnership between E.ON and Fortescue Future Industries could see the companies fork out $50 billion.
Perth-based Tietto Minerals has received commitments to the tune of $130 million for its Abujar gold project in Côte d’Ivoire ahead of first gold planned later this year.
Approval from the Foreign Investment Review Board means Rio can finalise its $825 million Rincon project buy, while Crown moves ahead with a proposed $8.9 billion Blackstone deal.
Andrew Forrest has made a move into Western Australia’s shipbuilding sector, acquiring an 8.1 per cent interest in Austal via his investment entity Tattarang.
New data has revealed more than half of WA’s full-time mining and resources workforce is based in the Perth metro area, illustrating the dominance of the state’s fly-in, fly-out workforce.
Carnarvon Energy is chasing institutional backing to support its Dorado oil discovery last week, earning newcomer Barrenjoey Markets its second WA deal.
BCI boss Alwyn Vorster has hinted the salt and potash play entertained buying Salt Lake Potash’s flagship after the asset was put up for sale by receivers this month.