Belmont-based Diploma Group has recorded a $10 million net profit after tax for the 2010 financial year, up from $2 million for the previous corresponding period.
Nido Petroleum recorded a $20.6 million net profit in its half-yearly financial results for the six months ending June 30, compared to an $18.5 million loss for the previous corresponding period.
A decision by the Greenland Government to amend legislation governing exploration licences has opened the way for Greenland Minerals and Energy to develop its Kvanefjeld project.
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Midas Resources is seeking to raise $1.15 million through a share purchase plan and will use the funds to advance its project exploration and evaluation programs.
The state opposition is continuing to turn up the heat on Nationals leader Brendon Grylls, pushing for him to reveal his dealings with mining magnate Clive Palmer over the dropping of a $45 million environmental bond.
A parliamentary committee has recommended the Corruption and Crime Commission not be given enhanced powers to fight organised crime saying it would conflict with its current position as an integrity agency.
Carrick Gold and Condor Nickel have both filled the hole on their boards created by the resignation of Ian Burston, announcing Robert Schuitema will join the companies.
Perth-based Integra Mining has announced several new high-grade drilling results at its Santa project near Kalgoorlie as the company looks to begin gold production.
Western Australia's unemployment rate rose slightly in August to a seasonally adjusted 4.5 per cent, compared with 4.4 per cent in July according to the Australian Bureau of Statistics.
Nedlands-based Brockman Resources says the maiden hematite iron ore reserve estimate for its Marillana project in the Pilbara is more than 1 billion tonnes.
The Australian Securities and Investment Commission says a recent Federal Court decision has affirmed that large proprietary companies must lodge financial reports.
The competition watchdog said yesterday a decision to allow the partners in Western Australia's North West Shelf gas project to continue to jointly market and sell natural gas to WA customers was made to avoid "significant commercial risk".
Growing demand for Australian liquefied natural gas in Japan, China and Taiwan culminated in record production during the 2010 financial year according to energy economics group EnergyQuest.
West African-focused miner Sundance Resources has signed an agreement with CRCC China-Africa Construction to study the company's rail needs at Sundance's Mbalam Project.
Integrated engineering services company, Norfolk Group has been awarded a contract worth more than $40 million for the Pilbara Underground Power Project in Karratha.
The Construction, Forestry, Mining and Energy Union and union boss Joe McDonald have been fined $48,000 in the Federal Court for engaging in an unlawful strike at the City Square project in July last year.
The state opposition claims millions of dollars in federal funding earmarked for infrastructure projects in WA could be put at risk should the three unaligned independent MPs side with the federal coalition.
