Business News

Founding Azure Minerals managing director and chief executive Tony Rovira has stepped down from the company, following this year’s acquisition by Hancock Prospecting and SQM.

A Pilbara cattle station will build a 10,000-head feedlot in a move it expects to bolster the region’s status as a global premium boxed Wagyu beef supplier.

Crown Resorts chief executive Ciarán Carruthers will depart the company, with former Crown Perth chief executive David Tsai to step into the role from September.

GOLD WRAP: Ramelius Resources has increased its profit 250 per cent year-on-year, bringing in almost $220 million last financial year as it rode a wave of record gold prices and low costs.

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Jandakot-based mining services company Tasmea will acquire Future Engineering Group for nearly $85 million, with the deal to be finalised in the coming days.

Wavering lithium prices have dented Pilbara Minerals revenue and profit for the full year, partially offset by upped sales volumes, while taking on $1 billion in new debt.

Endeavour Group says sales were up in 2023/24 but its profit dropped 3.2 per cent to $512 million as it paid more to service its $1.9 billion debt.

Strikes planned at Fremantle Ports from Sunday morning have been called off, after agreement was reached between the authority and union.

One of the Australian Marine Complex’s largest landholders is building its service arm to generate a more sustainable revenue source.