Adelaide-based Perth Basin gas play Beach Energy will slash its workforce by 30 per cent, following a strategic review into its operations in the east and west coast gas markets.
Sierra Rutile directors have formed a preliminary view that an on-market takeover from US-based Gerald Group, which owns bidder PRM Services, is an opportunistic and inadequate offer.
Agribusiness Cargill Australia and the state government are in talks over a potential canola crushing plant which could feed a biofuels hub in Kwinana.
Western Australia’s move away from coal-fired power will push the state into a gas supply shortage in the early 2030s, according to new analysis from Wood Mackenzie.
Blackoak Capital Ventures has cleared a planning hurdle in its multi-million-dollar restoration proposal of Edward Millen Reserve, receiving a development panel’s approval.
Exploration company Constellation Resources will raise $1.4 million to continue exploration activities at its flagship Orpheus project in Western Australia's Fraser Range province.
The state government says recent national data that suggests a fall in the number of defence industry businesses in Western Australia does not paint a true picture of the sector’s growth.
Mark Beyer and Mark Pownall discuss takeover deals for MMA and APM; hydrogen approvals challenges; payroll tax; WA’s gas market; and resource export outlook.
A development panel has approved billionaire Alexandra Burt’s $21.5 million plan to build a boutique hotel and chalets at the Wallcliffe House site in Margaret River.
China will remove its tariff on Australian wine on Friday in a decision that will be welcome news for producers struggling as a glut of local produce impacts prices.
In order to advance its Goldfields-based Mandilla and Feysville gold projects, Astral Resources has announced it will raise $7 million courtesy of a share placement.
The City of Perth has chipped away at its $3 million marketing budget, unveiling the first campaign under the "City of Lights" moniker and a major branding since the parliamentary inquiry.
Prime Minister Anthony Albanese is in Queensland to spruik a $1 billion defence export deal with Germany, being touted as the largest in Australian history.
Defence industry shipbuilder Austal has confirmed it has received an unsolicited takeover offer from South Korean firm Hanwha Ocean Co, but has poured cold water on a deal for now.
Fortescue has delayed a final investment decision on its Gibson Island green hydrogen project for a third time, while its power supplier says a deal remains on foot.
A new hub for environmental approvals opened in the Perth CBD will end the need for project proponents to drive out to the northern suburbs for meetings with bureaucrats.
ASX-listed Hammer Metals has announced it will sell a 70 per cent stake in three of its sub-blocks to Carnaby Resources in a package worth up to $20 million.
A doctor, prospector, chemicals company owner, car salesman, and business legend were among prominent Western Australians who donated to Voice campaigns last year.
02 Apr 2024
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Coal heartland to receive major solar energy investment
As Australia pushes towards a more sustainable economy, the government will pump $1 billion into solar energy support to make panels at home.
Broome-to-Singapore direct flights secured
The North West's regional tourism hub of Broome will soon be reconnected to Singapore, with biweekly direct flights set to commence in June.
Ramelius ends discussions with Karora
Gold producer Ramelius Resources has confirmed it will not pursue a merger with Toronto-listed Karora Resources.
Karratha channels Wizard of Oz to fix housing woes
A Pilbara local government could subsidise housing developments in a fresh attempt to solve a crippling accommodation shortage in the booming town.
Beach Energy to slash jobs
Adelaide-based Perth Basin gas play Beach Energy will slash its workforce by 30 per cent, following a strategic review into its operations in the east and west coast gas markets.
Westralia tenant revealed
A flexible workspace provider has finalised a deal to move into GDI Property Group’s WS2 tower at Westralia Square.
Sierra directors form preliminary view
Sierra Rutile directors have formed a preliminary view that an on-market takeover from US-based Gerald Group, which owns bidder PRM Services, is an opportunistic and inadequate offer.
Cargill investigating canola crushing plant in Kwinana
Agribusiness Cargill Australia and the state government are in talks over a potential canola crushing plant which could feed a biofuels hub in Kwinana.
Further warnings on gas shortfall
Western Australia’s move away from coal-fired power will push the state into a gas supply shortage in the early 2030s, according to new analysis from Wood Mackenzie.
Panel approves $12.5m Vic Park hub
Blackoak Capital Ventures has cleared a planning hurdle in its multi-million-dollar restoration proposal of Edward Millen Reserve, receiving a development panel’s approval.
Constellation to raise $1.4m
Exploration company Constellation Resources will raise $1.4 million to continue exploration activities at its flagship Orpheus project in Western Australia's Fraser Range province.
Uluru a wonder from dawn to dusk
The closer you look, the more you will discover about Uluru.
Outlook bright despite defence dip: Papalia
The state government says recent national data that suggests a fall in the number of defence industry businesses in Western Australia does not paint a true picture of the sector’s growth.
Resources exports to fall to $417bn
The nation’s annual resources earnings are tipped to fall to $417 billion in 2023-24 off the back of commodity price lows and weaker global demand.
Mark My Words March 28 2024
Mark Beyer and Mark Pownall discuss takeover deals for MMA and APM; hydrogen approvals challenges; payroll tax; WA’s gas market; and resource export outlook.
US policy in play for WA miners
The US Inflation Reduction Act has caused equal parts optimism and concern in Australia’s resources sector.
Green light for $21m Wallcliffe House build
A development panel has approved billionaire Alexandra Burt’s $21.5 million plan to build a boutique hotel and chalets at the Wallcliffe House site in Margaret River.
Aust shares rally to new record, finish just below 7900
The ASX200 rose 1.0 per cent to finish at 7,897 after trading above 7,900 for the first time ever on the last day of the March quarter.
At Close of Business podcast March 28 2024
Tom Zaunmayr and Jack McGinn discuss the latest signals from the US around the Inflation Reduction Act.
China ends tariff on Australian wine
China will remove its tariff on Australian wine on Friday in a decision that will be welcome news for producers struggling as a glut of local produce impacts prices.
Astral taps investors for $7m
In order to advance its Goldfields-based Mandilla and Feysville gold projects, Astral Resources has announced it will raise $7 million courtesy of a share placement.
Perth campaign launch part of $3m budget
The City of Perth has chipped away at its $3 million marketing budget, unveiling the first campaign under the "City of Lights" moniker and a major branding since the parliamentary inquiry.
Australia nabs ‘largest’ defence export deal in history
Prime Minister Anthony Albanese is in Queensland to spruik a $1 billion defence export deal with Germany, being touted as the largest in Australian history.
Austal knocks back $1bn Korean takeover offer
Defence industry shipbuilder Austal has confirmed it has received an unsolicited takeover offer from South Korean firm Hanwha Ocean Co, but has poured cold water on a deal for now.
Perth’s median home value exceeds $700k
The city has again outpaced other capital cities to reach a new peak house price.
Fortescue delays FID on green hydrogen project
Fortescue has delayed a final investment decision on its Gibson Island green hydrogen project for a third time, while its power supplier says a deal remains on foot.
EPA gets new Terrace digs
A new hub for environmental approvals opened in the Perth CBD will end the need for project proponents to drive out to the northern suburbs for meetings with bureaucrats.
Hammer sells Queensland tenements
ASX-listed Hammer Metals has announced it will sell a 70 per cent stake in three of its sub-blocks to Carnaby Resources in a package worth up to $20 million.
Prominent WA names on Voice donor list
A doctor, prospector, chemicals company owner, car salesman, and business legend were among prominent Western Australians who donated to Voice campaigns last year.