Drilling specialist Coretrack has signed an indemnity agreement with private Kalgoorlie outfit Globe Drill after it learned that its takeover target was involved in legal action.
An environmental lobby group has claimed victory after Thai company PTT Asia Pacific Mining withdrew its plan to develop the $200 million Yannarie solar salt project on the eastern side of the Exmouth Gulf.
Western Australia Judge Robert Mazza has today been appointed a judge of the Supreme Court of WA, replacing Justice Geoffrey Miller who retired late last year.
Speculation from Treasurer Troy Buswell of increases to state mining royalties is damaging to the resources sector and likely to send investor cash to the banks rather than projects.
One of Fortescue Metals Group's founding directors and key spokesmen, Graeme Rowley, will take a step back from his executive role at the miner and pursue projects including a Western Australian film.
Shares in Galaxy Resources were higher after the company finalised a long-term shipping contract for the transport of spodumene concentrate from the Esperance port to China.
Home loan approvals in Western Australia retreated for a third straight month in December after a reduction in government subsidies and interest rate rises dampened enthusiasm for mortages, economists say.
Shares in NRW Holdings fell as much as 21 per cent after the mining and civil services company forecast a lower net profit of $15 million for the first half of 2009/10.
Bankwest has returned to profitability, today posting a first-half cash profit of $64 million while its parent company, Commonwealth Bank of Australia, increased its cash profit by 54 per cent.
Mining giants Rio Tinto and BHP Billiton are believed to have finalised the seven member senior executive team that will run their iron ore joint venture in the Pilbara.
Shares in retailer JB Hi-Fi fell almost five per cent in morning trade despite reporting a 29 per cent increase in net profit for the first half of 2009/10 and announcing chief executive Richard Uechtritz will step down in July/August this year.
WA gold miner Ramelius Resources expects to report a $15 million net profit for the first half of 2009/10, a turnaround from the $1 million loss from the previous corresponding period.
Engineering and construction services company Forge Group says it has started the year with a strong order book as it upgrades its interim earnings forecast by 21 per cent against its previous projections.
Fortescue Metals Group says it will vigorously defend an appeal the corporate watchdog has lodged regarding a ruling that found in favour of the miner and its chief, Andrew Forrest.
Nickel miner Panoramic Resources is forecasting to be back in the black, today lifting its interim profit guidance to $20 million compared to the $8.6 million net loss it booked the previous year.
Shares in WA pub owner Compass Hotel Group slumped after it resumed trade following a near seven-month hiatus, as it revealed it had not secured a proposed recapitalisation plan.
Residential land in the South West region of the state is among the 10 most expensive regions across the country as land prices in Perth dipped 0.7 per cent in the September quarter, a new report shows.
Housing groups and mortgage brokers have been joined by the federal government in welcoming the central bank's decision to leave the official interest rate unchanged, the former saying it is an opportunity to see the effect of previous increases.
Cashed strapped mining hopeful Redbank Copper plans to re-start production at its mothballed namesake project in the Northern Territory in the second half of this year.
The North West Shelf Venture partners have today appointed former BHP Billiton Petroleum senior manager Phil Byrne as the president of its marketing agency.
Unions are this afternoon meeting with contractors Foster Wheeler and Worley Parsons to try and resolve an industrial dispute at the $12 billion Pluto gas project where half of the 3,200 workers went on strike last week.
Mermaid Marine Australia has been awarded a two-year contract by Woodside Energy to provide support services for the petroleum company's offshore platforms.
