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Andrew Batchelar, left, the first witness in the Chris Marco fraud trial, has admitted he pocketed $1.6 million from the allegedly fraudulent scheme.

Courts & JusticePremiumMarco witness admits earning $1.6m from ‘fraudulent’ scheme

The first witness in the trial of an alleged mega-fraudster concedes he pocketed a handsome profit from the scheme, but complains he was misled about how the funds would be used.

Rebecca Le May

BHP's Jimblebar iron ore project in the Pilbara.

MiningWA whacked in mining attractiveness survey

The annual mining survey by Canada’s Fraser Institute has the State falling from fourth place to 17th in 2024 on regulatory and policy concerns cited by respondents.

Sean Smith

The ASX 200 jumped on the back of quarterly inflation data. Photo: Gaye Gerard / NewsWire

MarketsPremiumASX soars on firming rate cuts

The ASX200 has jumped to within touching distance of an all-time high on the back of market friendly inflation data released on Wednesday.

Cameron Micallef

Rio Tinto has posted a $US4.5 billion ($A6.9 billion) net profit in the half to June 30. (Richard Wainwright/AAP PHOTOS)

FinancePremiumRio Tinto posts modest profit as iron ore prices plunge

One of the world's largest iron ore miners has recorded a slip in first-half profits, as weak demand from China continues to drag on iron ore prices.

Adrian Black

Rio Tinto CEO Jakob Stausholm. Justin Benson-Cooper

MiningPremiumRio Tinto cuts interim dividend to five-year low

Rio Tinto’s dividend payout has fallen to its lowest level in five years but the mining giant’s departing boss is optimistic about the future and has some words of advice for his successor.

Adrian Rauso and Simone Grogan

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BusinessPremiumHundreds of mining jobs in jeopardy

Hundreds of mining jobs are at risk after a Queensland coal miner appointed administrators after struggling to pay royalties and investors.

Emma Kirk

Solara Minerals is getting set to drill its DeGrussa West project in WA’s Murchison region to test two compelling geophysical conductors believed to be prospective for copper-gold mineralisation.

Solara defines high-priority drill targets at DeGrussa West

Solara Minerals’ geophysical survey at its DeGrussa West project, near Sandfire’s old DeGrussa copper mine, has defined two large conductive plates which indicate compelling gold-copper potential.

Doug Bright

Sponsored
Pete Murray on his first solo acoustic tour with a stop in Albany.

Gig GuideWhat’s on in Albany and the Great Southern this week

From national poetry month to documentary screenings, here’s your guide to the week ahead in the Great Southern.

Albany Advertiser

Viridis Mining and Minerals has successfully raised $11.5M in a heavily oversubscribed placement to fund the next steps of its Colossus rare earths project in Brazil.

Viridis nabs $11.5M raise to fast-track Brazilian rare earths play

Viridis Mining and Minerals has jagged an $11.5M placement at 91 cents a share to fuel the next steps of its Brazilian rare earths project, backed by local heavyweight funding and state-level support.

James Pearson

Sponsored
Electronics giant JB Hi-Fi — also behind The Good Guys — will kick off the first full week of earnings season on August 11.

RetailCommentsSigns of consumer recovery key for August earnings season

Analysts will look for signs of a broader consumer recovery during the August earnings season, noting rate cuts have helped ease cost-of-living pressures but the impact on spending had so far been moderate.

Cheyanne Enciso

The IGO and Tianqi lithium hydroxide refinery in Kwinana

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updated
MiningCommentsPremium
updated
Is IGO now ready to call it quits at Kwinana refinery?

IGO has effectively determined there is no value left in a troubled lithium hydroxide plant at Kwinana, but division at the top of the business is delaying a call on what should be done with it next.

Simone Grogan

Star said its cash position had improved over the last quarter. NewsWire / Glenn Campbell

FINANCEPremium‘Unlikely’: Embattled Star’s fresh setback

Star Entertainment’s sale of the Queen’s Wharf has hit another hurdle as the troubled casino operator revealed mounting quarterly losses.

Cameron Micallef

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NewsPremiumMore job cuts to state’s public service

Another round of job cuts have hit the public service in one Australian state, with hundreds already on the chopping block.

Nathan Schmidt

Dale Henderson, chief executive officer of PLS.

MiningCommentsPremiumLithium chief’s fresh blow for Albo’s $1.2b stockpile plan

The boss of Australia’s largest lithium miner thinks the Albanese Government should not prioritise purchasing lithium for its $1.2 billion critical minerals stockpile.

Adrian Rauso

James Limnios says Perth is suffering from a land "famine".

Housing marketCommentsPremiumDeveloper makes big call amid Perth’s land ‘famine’

‘This shortage of lots held by developers comes during a time when the State is experiencing one of its worst housing crises on record,’ James Limnios says.

Kim Macdonald

Ora Banda has set a new gold production record at its Davyhurst Project in WA’s Goldfields as the company’s new Little Gem discovery continues to sparkle.

Ora Banda quarterly cash booms as WA Little Gem gold find sparkles

Ora Banda Mining’s quarterly cash topped $84M as WA gold production ramps up. The company also hit a new gold-rich, 1km multi-lode system at Little Gem as part of a $73M exploration blitz to fast-track growth.

James Pearson

Sponsored
Southern Hemisphere Mining’s view to the northeast across its Llahuin project from the top of the Curiosity-Southern Porphyry zone, with its Ferro drill pads visible on the opposite hill.

Southern Hemisphere boosts Llahuin copper-gold resource to 218Mt

Southern Hemisphere Mining’s Chilean Llahuin project has delivered a 218.2Mt resource at 0.38 per cent copper equivalent, with 496.6kt of copper, 654,900 ounces of gold and 12.5kt of molybdenum, in three zones.

Doug Bright

Sponsored
Atlassian co-founder and Tech Council of Australia chair Scott Farquhar says he worries jobs could be lost in the AI transition. Martin Ollman / NewsWire

NEWSPremium‘New jobs’: Tech leader’s AI ‘worry’

As the world races to embrace artificial intelligence, a tech leader has shared his “worry” for workers.

Joseph Olbrycht-Palmer

A club with 1400 poker machines has been accused of breaching anti-money laundering procedures. (Darren England/AAP PHOTOS)

BusinessPremiumPokies giant taken to court over money laundering gaps

A financial regulator is launching legal action against Mounties, a club which operates some 1400 poker machines, over alleged money laundering risk failures.

Farid Farid

Infini Resources Portland Creek project in Newfoundland, Canada and its complex terrain at the bottom of a cliff face.

Infini geared up for pivotal Canadian uranium drill campaign

Infini Resources is ready to launch a pivotal drilling campaign at its Portland Creek uranium project in Newfoundland Canada, appointing two Canadian contractors to lead its highly anticipated Phase 2 program.

Andrew Todd

Sponsored
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UPDATEDPremium150 jobs cut in tech mogul’s brutal pre-recorded video

Staff at a tech giant learnt their fate through a prerecorded video before having their laptops blocked as 150 roles are set to be replaced by AI.

Cameron Micallef

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NEWSPremium‘Make them pay’: Algal bloom storm grows

Protesters tried to confront the CEO of South Australian oil and gas giant Santos on Wednesday, demanding money to clean up the state’s algal bloom disaster.

Duncan Evans

The ASX200 spiked in the hour after the ABS released its June quarter consumer price index readout. (Bianca De Marchi/AAP PHOTOS)

MarketsPremiumAussie shares near all-time high as inflation eases

The ASX200 rose 0.6 per cent after quarterly inflation came in slightly under expectations, paving the way for an August rate cut.

Derek Rose

Falling fuel prices helped drive down inflation, raising hopes of an interest rate cut. (Darren England/AAP PHOTOS)

MoneyPremiumWhat drove inflation to its lowest level in four years?

Falling global oil prices and insurance costs drove inflation lower and raised hopes of more interest rate relief.

Jacob Shteyman