Oil and gas explorer Transerv Energy says its $2 million capital raising has closed fully subscribed, with funds to be applied to its existing operations and new investment opportunities.
Construction company Boral plans to sell and leaseback 11 of its Australian properties, including a landholding in Bunbury, as part of its ongoing management of its land assets.
Commodity exports are forecast to fall by 17 per cent in the 2010 financial year but farm export earnings are expected to rise over the next two years, a report for the nation's commodities forecaster says.
Western Australia has won five awards at the 2008 Qantas Australian Tourism awards with Rottnest Island Board chairman Laurie O'Meara winning for outstanding contribution by an individual.
Compass Hotel Group says it will not achieve its 10 per cent growth forecast for fiscal 2009 as "unprecedented economic conditions" knocked its half year net profit firmly into the red.
It was frenetic time for the Australian oil and gas sector in 2008, with deals in the industry multiplying six-fold to $US17.2 billion ($A27 billion), a new study reveals.
Technology and intellectual property group ipernica has reported a net profit for the first half of $43,209, a turn around from the previous corresponding period's $2.7 million net loss.
Write-downs totaling $17.6 million and a sharp fall in the nickel price has resulted in Panoramic Resources reporting an $8.6 million loss for the half-year.
Woodside Petroleum says it will issue $US1 billion in corporate bonds in the United States in a bid to repay short term debt and for capital expenditure.
Aspen Group has reported an interim net loss of $42.8 million, taking a big hit from investment property revaluations and fair value adjustments for the reporting period.
Mining services company Emeco Holdings has revised down its full year earnings forecast as it books a 30 per cent lift in half year net profit after tax of $39 million.
Fortescue Metals Group remains in a trading halt as it considers more capital raising after agreeing to sell a stake to a Chinese steel maker for $1.2 billion.
A company that acts as an agent for emerging Chinese steel mills has signed a deal with explorer Epsilon Energy over the Mardie iron ore project in the Pilbara.
Subiaco-based Stirling Resources has teamed up with Indian resources company NMDC to jointly identify, acquire and develop coking coal and iron ore investments in Australia and New Zealand.
Perth-based oil and gas explorer Transerv Energy says it will raise $2 million through a share placement, with funds to boost the company's working capital and go towards new investment opportunities.
InterStaff Recruitment has extended last year's interim net loss as the loss of staff and the current economic downturn impacts its recruitment division.
Mineral sampling equipment manufacturer Essa Australia expects to remain profitable during the second half of this financial year after it posted a 34 per cent drop in its interim net profit.
West Perth-based Northern Iron has raised $17.5 million from an institutional placement with funds to go towards the expansion of the Sydvaranger iron mine in Norway.
Shares in South Perth-based Central Petroleum soared 56 per cent before entering a trading halt, following a report that more than a trillion tonnes of coal could be extracted on the South Australia and Northern Territory border.
Crane supplier Boom Logistics has put WA's economic performance in perspective, announcing that it will slash the number of cranes it has in Victoria while increasing the number in WA by one.
Work/life balance and pay are usually rated as key workplace issues but a new Australian-based study of 2,400 people has found other issues that really get employees riled.
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global economic crisis but as expected its earnings per share have slumped.
Payment of a minimum salary and return travel costs for spouses are some of the draft regulations released by the federal government today for employers of subclass 457 visa workers.
