Jenelle Carter

View Resources Ltd's hopes of offloading its 30 per cent stake in the Carnilya Hill nickel mine to joint venture partner Mincor Resources NL have been dashed, with Mincor Ltd today terminating the proposed $25 million deal.

Shares in West Perth-based Contact Uranium Ltd closed 10.9 per cent higher to 30 cents today following the discovery of three further uranium targets at the company's Kihitian uranium project in Peru.

Former satelite communications provider Comdek Ltd is expanding its coal interests into Tasmania with the acquisition of Energy Investments Ltd for $4.27 million.

Geraldton Port users should show more patience as the port brings its latest upgrade, the $45 million Berth 5 enhancement, on line, planning and infrastructure minister Alannah MacTiernan said today.

Perth-based nickel company Nickelore Ltd says the decision by Heron Resources Ltd to defer its Jump-Up Dam heap leach nickel project last month due to rising costs, did not have any "technical or practical implications" for Nickelore.

The flood of initial public offers on the Australian bourse of recent times may be reduced to a trickle in the first half of 2008, as investors and company vendors seek clarity on the direction of equities markets, interest rates and the US economy.

Navitas Ltd has posted a 10 per cent increase in its net profit to $16.5 million for the six months to December 2007, compared to the previous corresponding half year, although the result is almost 4 per cent down on the six months to June 2007.

Burrup Fertilisers has confirmed it has begun gauging investor confidence in a potential $600 million float of the company on the Australian stock market, despite current volatile share market conditions.

Nickelore Ltd has cancelled its $18.3 million non-renounceable rights issue, as a result of current and widespread volatility in the stock market.

Perth-based labour hire firm, InterStaff Recruitment Ltd, has made a successful debut on the Australian Securities Exchange today, after launching a $5 million initial public offer in Novermber last year.

Trade workers in Western Australia’s housing industry remained in short supply during the final quarter of 2007, placing more upward pressure on house prices, according to the latest HIA-Austral Bricks Trades Report.

Perth house prices are on the verge of a sustained period of weakening, according to market analysts Australian Property Monitors.

Perth's property market is on the verge of a sustained period of weakening house prices according to market analysts Australian Property Monitors.

Perth-based tungsten explorer Hazelwood Resources Ltd says it has scapped the planned February 6 float of wholly owned subsidiary BigHill Resources Ltd, due to continued stock market volatility.

Nomad Building Solutions Ltd subsidiaries, Modular Building Pty Ltd and MacGrath Homes, have picked up $60 million worth of new contracts in the Pilbara courtesy of the state's mining giants.

Shares in Subiaco-based Wolf Minerals Ltd surged almost 30 per cent today, after the company said it expected to achieve significant annual revenue from tungsten production at its Hemerdon project in the United Kingdom.

Perth-based recruitment firm Total Staffing Solutions Ltd has appointed Mining People International Pty Ltd founder Steve Heather as its new executive director, after taking a 51 per cent stake in MPI.

First homebuyers in Western Australia received more than $213 million in state government grants and stamp duty relief in 2007, a 43 per cent increase on 2006, new Treasury figures show.

Shares in uranium miner Extract Resources Ltd soared almost 40 per cent today to close at 81 cents following the announcement of significant drilling results at Garnet Valley on its Husab Uranium project in Namibia.

Xstrata Nickel Australia Pty Ltd has been forced to extend its $3.1 billion takeover offer deadline for Jubilee Mines NL for a second time, after a slow take-up by the target's shareholders.

The Real Estate Institute of Western Australia has questioned the methodology behind an international survey which claims Mandurah is the most unaffordable city in Australia.

The state government has imposed a raft of additional conditions on Magellan Metals before it can proceed with its bid to ship containerised lead through Fremantle.

With many investors in Western Australia’s fledgling technology sector having been burned by lossmaking companies such as Chemeq, Clinical Cell Culture and ERG, it has been difficult for new companies emerging in their wake to attract support.

Subiaco-based company Autodom Ltd (formerly a.i. Ltd) has expanded once again through the acquisition of Victoria's HPG Engineering & Associates Pty Ltd for $3.75 million.

Rio Tinto Ltd has reported record annual output for key commodities in its fourth quarter 2007 operations review, including a 9 per cent increase in its attributable iron ore output to 145 million tonnes in the calendar year.

The Melbourne-based builder behind Perth’s iconic $1.3 billion Capital Square apartment development on the former Emu Brewery site, Contexx Pty Ltd, has pulled out of the project, leaving developer Saville Australia to negotiate a new contract.

The performance of WA's industrial property market during the past 12 months has more than matched the commercial sector, with record sales and rents being generated, although prices are tipped to level out as more supply comes on to the market in 2008.

Como-based mining company Aquila Resources Ltd will go to the High Court to challenge a ruling that a joint venture partner's sale of its stake did not result in a change of control over the project under their agreement.

Victoria Park-based property group Tasica Developments Ltd has launched a prospectus to raise up to $5.5 million to help fund the development of a 75-lot residential subdivision in Baldivis.

Western Australia is expected to reap a solid grain harvest when the 2007-08 season draws to a close this week, with receivals estimated to be up 35 per cent on last season.

West Perth-based uranium explorer Uran Ltd has lodged an appeal against a decision by authorities in the Czech Republic to decline its licence application to explore the significant Brzkov deposit.

Alkane Resources Ltd non-executive director Ian Gandel has invested $10.6 million buying extra shares in the company, after he was required to take up a big shortfall in its $12.8 million rights issue.