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.
Fortescue took a 32 per cent hit to profits and has trimmed its interim dividend after a volatile iron ore market during the first half of the financial year.
Peregrine Gold shares surged nearly 23 per cent on the news that seasoned mining investor Mark Creasy would take up a substantial stake in the Pilbara-focused explorer.
Woodside's new leadership team will be split across Perth and Houston and include five BHP executives, in line with the merged entity's elevated global profile.
Mincor Resources’ ambitions to resume nickel production by the June quarter have progressed after delivering its first nickel ore to BHP Nickel West’s Kambalda concentrator.
A significant increase in revenues spurred by a solid TV advertising market during the half year has buoyed Seven West Media’s net profit by 3.2 per cent to hit $120.5 million.
Andrew and Nicola Forrest will add the East Pilbara Balfour Downs pastoral station to their growing suite of WA investments through their agribusiness, Harvest Road Group.
Shenghe Resources is set to become a major shareholder in Tanzania-focused Peak Rare Earths after buying a 19.9 per cent stake in the company for well above market price.
Shares in Subiaco oil play 88 Energy were down 14 per cent on the back of announcing a completed $32 million capital raising offered to institutional and sophisticated investors.
The state government has appointed four representatives to inform design and engage stakeholders on Western Australia’s Aboriginal Cultural Heritage Act.
Australia’s competition regulator has given the all clear for Wesfarmers to acquire Australian Pharmaceutical Industries, a key condition needed to close the deal.
Latest figures from Northern Star have captured the first full reporting period since its mega merger with Saracen Minerals, with earnings up and production on track.
Rockingham-based WA Kaolin has garnered $12 million via a placement and loan facility to fund the second stage of its Wickepin kaolin project southeast of Perth.
Henderson-based Matrix Composites and Engineering will collaborate with Fortescue Future Industries to develop equipment and materials technologies to support the business' green hydrogen plans.
Mineral Resources shares dropped more than 10 per cent after the company reported its worst first-half financial result in three years, leaving investors without an interim dividend.
Bullseye Mining is mulling two takeover offers after shareholder Au Xingao tabled a $155 million cash offer for the target, competing with an existing scrip proposition from fellow shareholder Emerald Resources.
Shares in recently listed mining services provider MLG Oz have risen 8 per cent after winning a new contract set to generate an additional $10 million in revenue with WA gold producer Red 5.
Santos has booked 100 million tonnes of carbon storage resource within South Australia's Cooper Basin while reporting a substantial increase in reserves on the back of its Oil Search merger.
BHP has welcomed MV Mount Tourmaline to its fleet, the world’s first LNG-fuelled Newcastlemax bulk carrier which will start transporting iron ore between Western Australia and Asia this year.
Mining tech company Imdex reported solid revenue and profit increases during the past six months but has indicated that labour restrictions and delivery delays frustrated its pace of growth.
Iluka Resources shares lifted after a class action brought against it before the Federal Court was dismissed and its Tutunup mineral sands plan progressed with the EPA.
Pilbara Iron and Hamersley Iron have been fined a total $90,000 after a worker suffered a fractured wrist, forearm and serious tissue injuries while working at a Dampier port facility in 2017.
Contractor Decmil has completed its works on the Sunraysia solar farm in NSW, which were at the centre of a legal dispute with part-owner Maoneng Australia.
The EPA has recommended approval of OZ Mineral’s proposal to mine nickel and copper in WA’s Musgrave Ranges in what could be a first for the region if fully approved.
Westpac is seeking to cut about 20 per cent of its head office jobs as an increasingly competitive operating environment prompts the bank to bring forward cost-saving efforts.
Prime Minister Scott Morrison has backed Premier McGowan’s decision to delay WA’s border reopening but noted it was the Premier’s call on when he believes his health system is ready.
The federal government’s NAIF fund has chipped in for the Perdaman project, a $4.3 billion proposed fertiliser plant tipped to produce 2 million tonnes of urea per year.