Dan Wilkie

UK-based bank Standard Chartered has acquired 100 per cent of Adelaide-based Gryphon Partners Advisory, which has advised a host of Western Australia based resources firms fielding takeover offers

The two-speed economy is rearing its head in Western Australia, with corporate insolvencies hitting a record high in July despite solid economic fundamentals in the resources sector.

Linc Energy has taken its stake in Perth-based Firestone Energy to 9.6 per cent, in a share placement deal worth $1.8 million.

Perth-based boutique brewer Little World Beverages has entered a $51 million, three-year conditional debt facility with the Commonwealth Bank of Australia.

Padbury Mining has announced the appointment of former Gindalbie executives Garret Dixon and David Southam to its board of directors, effective immediately.

Global Construction Services has been announced as Probuild Constructions’ preferred contractor for the QEII medical centre car park project.

Newly-listed exploration company Naracoota Resources says surveying activities at its Horseshoe Range gold project in the Kimberley has identified 21 significant anomalies that will help define its

Norton Gold Fields says it has reduced its debt to $51 million, after making a voluntary $15 million payment against its finance facility with Merrill Lynch.

Lynas Corporation has hit a stumbling block in its plan to export 33,000 tonnes of rare earths concentrate through Fremantle Port each year, in the form of independent MLA Adele Carles.

The Doolgunna district near Meekatharra is proving its worth, with the share prices of base metals explorers Ventnor Resources and Sipa Resources soaring after significant copper finds over the pas

Perth-based waste processing firm AnaeCo has announced a board restructure to take effect by the end of November, including the retirement of its chairman Michael Dureau.

A Wangara-based cabinet maker has been fined $250,000 over the death of a 17 year old pre-apprentice worker in 2008.

Developers are being asked to provide expressions of interest for five hectares of prime central business district land; the first to come to market from the state government’s Perth City Link urba

Nomad Building Solutions says its turnaround plan is on track, after narrowing its loss substantially during the second half of financial year 2011.

The state government is looking to reopen three old railway lines in the wheatbelt after admitting that road upgrades needed to lift freight capacity would not be completed ahead of this year'

A Chinese government-backed construction company and Allmine Group subsidiary Arccon have signed a non-binding agreement with Perth-based Iron Bark Zinc to facilitate the development of the Citrone

Marine safety equipment manufacturer Mobilarm says it is likely to become cashflow positive in financial year 2012 after reducing its operating loss by 34 per cent to $4.1 million for the year to J

Shares in Advanced Braking Technology have jumped after it announced it had achieved a maiden full-year profit, driven by a 55 per cent spike in revenue for the 12 months to June 30.

One day after restructuring its planned purchase of Ocean to Outback Consulting, Emerson Stewart Group has reported a return to profit but acknowledged its overall performance for fi

Iron ore miner Grange Resources has announced a half-year net profit of $58.1 million and paid its first dividend of two cents per share.

Technology commercialisation firm ipernica has bounced back from a $7.4 million loss in financial year 2010 to lodge a $1.6 million net profit, on the back of strong contributions from its intellec

Residential property values in Perth continue to fall, dropping 1.1 per cent in July for a median house price of $455,000, according to market analysts RP Data.

THE head of HSBC Bank in Australia says economic strength in Western Australia’s resources sector is shaping up as the driving force behind its expansion ambitions. 

Papua New Guinea-focused resources play Niuminco has completed a backdoor listing on the Australian Securities Exchange, in the shell of Western Australian-based DSF International Holdings, which w

Perth-based gold explorer Red Mountain Mining is set to list on the Australian Securities Exchange after successfully completing an $8 million initial public offering.

Global commodities investment firm The Sentient Group has taken a significant stake in Africa-focused explorer Aviva Corp, part of a $6 million capital raising to fund ongoing exploration programs.

Ausdrill has extended its run of record profits to seven consecutive years, lodging a 52 per cent increase in net profit to $73.3 million for the year to June 30.     &nbsp

Mining services group MACA Limited has lodged a $29.7 million net profit for the year ended June 30, an increase of 81 per cent on the previous year.

United States-based Crosshair Exploration & Mining Corporation has launched a $US12.85 million hostile bid to acquire the US uranium developments owned by Perth-based Australian American Mining

Peet says the longer-term outlook for the residential sector remains positive, despite the impacts of weak consumer sentiment and deterioration in the world’s major economies becoming a major drag,

Nearly six months after a merger was first proposed, gold explorer GGG Resources has come to an agreement with joint venture partner Auzex which will fast-track development of the Bullabulling gold

Aspen Group says it is on a solid platform to pursue earnings growth underpinned by its investment property portfolio, after lodging a significant increase in profit over a particularly challenging