Engineering company Clough Ltd's contract dispute over the G1 project in India has deepened after its client ONGC submitted a counterclaim worth US$1.2 billion (A$1.3 billion), a figure Clough insists ignores the limits of liability.
Perth-based coal exploration company East Energy Resources Ltd has made a successful start to public life, with its share price closing 60 per cent stronger at 40 cents, on an issue price of 25 cents.
Rio Tinto will sell up to 15 million tonnes of iron ore on the lucrative spot market next year, which is likely to generate an additional $1.74 billion in revenue, the miner revealed today.
Emerging Australian gold company Emmerson Resources Ltd has made a steady debut on the Australian Securities Exchange, following the completion of its heavily oversubscribed $20 million Initial Public Offer.
Accomodation services provider MAC Services Group Ltd has been selected by the state government to construct a 1,400 unit accommodation village at Gap Ridge, near Karratha.
Contract labour hire firm Workforce Solutions has rejected claims by the recruitment industry lobby group that federal government changes to the 457 visa scheme had thrown the sector into disarray.
An independent expert's report by Deloitte Corporate Finance has concluded that Arc Australia Ltd's proposed acquisition of Anzon Australia Ltd is fair and reasonable.
This week’s climate change summit in Bali has put the issue at the top of the political agenda, but many in the business sector are unsure how to plan for the challenge.
A SERIES of upgrades undertaken at Dumas House has resulted in the 42-year-old government-owned heritage building gaining star ratings for energy efficiency.
Major technological breakthroughs will be the key to significantly reduce greenhouse gas emissions, according to Rio Tinto Iron Ore chief executive Sam Walsh.
With Australia set to introduce a national emissions trading scheme (NETS) by 2010, Western Australian businesses are urging the federal government not to rush the design of the scheme and risk disadvantaging the state’s economy.
The growth in the carbon offset and credit market could present significant opportunities for landholders and farmers in marginal and environmentally vulnerable areas looking for a viable alternative to grain crops.
Nedlands-based ISS Group Ltd has signed a purchase agreement and subsequent four year maintenance and support contract with BHP Billiton Nickel West for the BabelFish suite of products.
Joint venture partners Charter Hall and Cape Bouvard Investments have appointed Broad Construction Services to construct the new 22-level Alluvion office tower in the Perth CBD.
West Perth-based Liquefied Natural Gas Ltd has raised $11.4 million, partly through the sale of a 10 per cent stake in its issued capital to Arrow Energy Ltd.
Major printing franchise Worldwide Online Printing has diversified its operations by acquiring professional writing firm Wordplay Media for an undisclosed sum.
Western Metals Ltd has struck an agreement with BHP Billiton for the option to acquire a 100 per cent stake in the highly prospective Snowbird nickel and base metals project in Canada for $US1.5 million ($1.7 million).
Sustainability and energy efficiency concerns are starting to have an impact on lighting design in Western Australia, according to architectural lighting firms.
This week’s ratification by Australia of the Kyoto Protocol has helped push the share price of one of the nation’s few environmentally focused stocks – CO2 Group Ltd.
The resources sector is again at the forefront of community initiatives, with BHP Billiton Ltd committing $5 million to fund resources research and education at the University of Western Australia Business School.
Western Australians can be confident their certified renewable energy purchases through energy retailers such as Synergy and Alinta come from renewable sources, according to an auditor general’s report.
State opposition leader Paul Omodei has proposed the development of “major sustainable cities” at Karratha and Derby as part of a long-term plan to foster development in the north of Western Australia.
