US headquartered Legend International Holdings has acquired a controlling stake in North Australian Diamonds after its on-market takeover offer closed yesterday.
South Korea's Samsung Corporation has agreed to invest $40 million to take a small direct interest in Perdaman Chemicals & Fertilisers' $3.5 billion Collie urea project.
BHP Billiton has announced that former Ford Motor Company president Jac Nasser will take over from Don Argus early next year when the long-serving chairman retires.
Bendigo and Adelaide Bank expects its full-year earnings to be cut by a further 16 per cent after making extra provisions against its $550 million exposure to investors in Great Southern agribusiness schemes.
Western Australia's house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau of Statistics said today.
Shares in West Perth-based Metals Australia have plunged today after a Namibian court ruled two of the explorer's prospecting licences be turned over to their original owner.
Chevron has taken the next step in its ambitious plans to become a major gas operator in WA, awarding the onshore front-end engineering and design contract for its $25 billion Wheatstone project to US company Bechtel Oil, Gas & Chemicals Inc.
Building approvals in Western Australia have jumped more than 21 per cent in June as the nation posts its biggest surge in four years thanks to a flurry of new apartment projects, official data shows.
Treasurer Troy Buswell has flagged a possible overhaul of an act governing the public sector as the state government starts a reorganisation of its administration.
Perth-based mortgage provider Homeloans says it expects its 2009 financial year net profit to improve by 49 per cent on the previous corresponding period.
New home sales edged slightly higher in June as first home buyers stayed active in the market while new detached home sales rose 8 per cent in Western Australia, a survey says.
Dioro Exploration has capitulated to Avoca Resources' hostile $68 million takeover after the fellow gold miner increased its bid and a rival deal with a Canadian miner fell through.
The Chamber of Minerals and Energy has backed Premier Colin Barnett's suggestion of relaxing foreign worker restrictions with the state potentially requiring an additional 26,000 employees by 2013.
Takeover target Dioro Exploration says it has received a proposal from Canada's Northgate Minerals Corporation for the purchase of its 49 per cent stake in the Frog's Leg gold mine.
Shares in Murchison Metals have been placed in a trading halt pending confirmation of construction contracts for the Oakajee port and associated rail, which are to be awarded to two Chinese firms.
Shares in nickel miner Mincor Resources closed nearly 20 per cent higher today, driven by a positive quarterly report where higher production and lower cash costs generated a net cash flow of $17.9 million.
The state opposition has again slammed the Barnett government's 3 per cent budget cuts with Department of Health the latest to reveal a fire sale of $1.8 million worth of land.
Premier Colin Barnett is hopeful of strengthening the state's relationship with China, particularly in the iron and gas sectors, as he prepares to visit the country amidst a political storm.
Investment company Ozgrowth has recorded a 19.2 per cent rise in the value of its investment portfolio in the June quarter, adding to the near 12 per cent increase posted in the previous quarter.
Rio Tinto has posted record quarterly iron ore production at its Pilbara operations amid speculation of further bribery claims against the company in the Chinese media.
Western Australians have bombarded job hunting website Seek in June with applications up 6 per cent as job advertisements fall nearly 5 per cent, a survey shows.
