Local minerals explorer Kasbah Resources has received commitments for a $3 million capital raising, while also announcing a range of cost reductions including cutting executive pay, reducing staff and restructuring its board.
Perth-based IT firm Empired has won a contract to provide managed services to a Singapore-headquartered oil and gas company, in a deal worth $15 million.
iiNet chairman Michael Smith has welcomed an independent expert's review of TPG Telecom's proposed $1.6 billion takeover of the Subiaco-based internet services provider.
Chile-focused copper explorer Hot Chili has received firm commitments for an $8.1 million capital raising to fund ongoing work on its Productora project.
Perth-based online health directory and booking service HealthEngine has reached a new milestone, with the company making its one millionth online booking through its application.
West Perth-based trucking company CTI Logistics has acquired an unlisted Sydney-based logistics business with national reach, in exchange for a cash and share package worth $27 million.
Former GMP Securities managing director Karl Paganin has joined the board of Southern Cross Electrical Engineering, after half of the company’s board walked out last month.
Perth-based ferrotungsten miner Hazelwood Resources has kicked off a $12.8 million capital raising to repay debt and expand production at its ATC joint venture facility in Vietnam.
Shares in Subiaco-based coal miner Pan Asia Corporation skyrocketed on news it had sold its flagship TCM project to a Singapore firm for about $28.8 million.
Gold Road Resources has raised $39.3 million in an oversubscribed placement and is now fully funded to complete a feasibility study on its Gruyere project east of Laverton.
Henderson-based engineering and construction firm Civmec has been awarded a number of contract wins and extensions, including more work on the new Perth Stadium, with a combined value of $68 million.
DBP Transmission, the owner and operator of the Dampier natural gas pipeline, has signed up for a $245 million, seven-year debt facility with a Japanese bank.
More than 50 shipbuilding workers have protested at a marine servicing base in Henderson, demanding a local build for the federal government's $20 billion submarine procurement project.
Perth-based Magnolia Resources has engaged two brokers to undertake a $5 million capital raising as part of its reverse takeover of Canadian e-commerce company PDT Technologies.
The state government has begun acquiring land for the development of a deepwater port at Anketell Point near Karratha, which could potentially be the last major port to be built in the Pilbara.
About 40 per cent of Western Australians are stressed about maintaining and managing their mortgage, yet home buyers remain bullish about the property industry, according to new research by Domain and Nielsen.
Zijin Mining Group has increased its offer to buy all the shares it doesn’t own in Norton Gold Fields to 25 cents a share, boosting the value of the deal to about $41 million.
Mining contractor Barminco has posted a small increase in underlying earnings in the March quarter, as cost reductions and efficiency measures offset a dip in quarterly revenue to $123.9 million.
Mandurah’s 62-year-old traffic bridge will be replaced with a new four-lane bridge over the estuary, with the state government having secured the $51.8 million it needs to fund the project.
With the mining downturn weighing on confidence, local small and medium-size businesses are feeling more negative about their economic prospects, according to a new report by Bibby Financial Services.
Uranium miner Vimy Resources has received a $30 million financing package from a mining-focused private equity fund, to advance ongoing development of its flagship Mulga Rock project near Kalgoorlie.
