One month ago, WA Business News published an in-depth report on Western Australia’s export boom, which highlighted the prominence of three giant resources sector producers.
FAMILY-OWNED business, MG Kailis Holdings Pty Ltd, has returned to the black with a net profit after tax of $4.8 million in the year to June 2007, following an extensive restructuring during the previ
State Scene remains apprehensive about the fact that Queensland’s multi-millionaire Rudd family is headed for Australia’s two most prestigious addresses – Kirribilli House overlooking Sydney Harbour and The Lodge in the heart of Canberra.
Fresh from its acquisition of Queensland-based transportable homes builder, Halley Homes in September this year, Nomad Building Solutions Ltd has another takeover target firmly in its sights.
The State Government has fined exploration companies Golden West Resources and Hancock Prospecting after an industry review uncovered "widespread environmental and regulatory breaches".
West Perth-based uranium explorer Energy Metals Ltd aims to raise around $5 million through a non-renounceable rights issue to fund exploration of its tenements in the Northern Territory and Western Australia.
West Perth-based energy company Wasabi Energy Ltd has taken a 12.5 per cent stake in geothermal energy company Greenearth Energy Ltd for $250,000 ahead of its initial public offer, the company has announced.
Scotland-based oil and gas services company TSMarine Pty Ltd has become a foundation member of the Emirates Western Force's new sponsorship category, the Tight Five, the team has announced.
In its first detailed statement on the proposed takever of Rio Tinto Ltd, mining giant BHP Billiton Ltd has asserted that combining the two companies would facilitate accelerated development of the Pilbara iron ore industry.
Perth-based Exoma Energy Ltd is seeking up to $8 million in an IPO intended to purchase leases and producing oil and gas assets in the US as well as fund further development.
Perth-based Clough Ltd's Indonesian subsidiary PT Petrosea Tbk has reached an agreement to expand contract mining activities at the Sanga Sanga coal operations, the company has announced.
Perth-based AuDAX Resources Ltd has announced plans to acquire Subiaco-based Alpine Oil and Gas Pty Ltd for a scrip issue worth around $3.8 million, the company has announced.
West Perth-based energy exploration company Blue Energy Ltd subsidiary Eureka Petroleum Pty Ltd has been named the preferred tenderer for 375 contiguous sub-blocks of coal seam methane gas, 130 km west of Brisbane, the company has announced.
Shares in West Perth-based Comdek Ltd were the most traded on the Australian Securities Exchange yesterday, after the former telecommunications company announced a deal to gain access to a South African coal resource.
Perth-based Sunset Energy Ltd has performed strongly in its debut on the Australian Securities Exchange, closing at 28.5 cents, up 42.5 per cent from its offer price.
West Perth-based Metex Resources Ltd will move to full ownership of Carbon Energy Pty Ltd and its underground coal gasification technology after agreeing to buy out the CSIRO for around $41 million in cash and scrip.
Woodside Petroleum Ltd has entered into a $100 million carbon offset program with Australian Securities Exchange-listed forestry company CO2 Australia Ltd, to offset the emissions from its Pluto liquefied natural gas project in the state's north west.
Kambalda nickel producer Mincor Resources NL is set to increase its production by 18 per cent after today announcing approval for the $23 million development of its 100 per cent owned McMahon Nickel project near Kambalda.
Metex Resources Ltd has reached agreement to buy out its 50 per cent partner in its joint venture company Carbon Energy Pty Ltd, currently owned by CSIRO.
Yilgarn Infrastructure Ltd has appointed mining engineer Andrew Carter (above) as its new chief executive officer, ahead of the company’s tender for the Oakajee Port and Rail infrastructure project.
As Liberal parliamentarians and power brokers assess the polls, which all point to electoral demise and thus “wall-to-wall” Labor governments for the first time ever, some have begun to suspect that November 24 will bring utter devastation.
Indonesia should be firmly in the sights of Western Australia’s mining industry, with the country’s economic growth rate approaching those of China and India, according to Austrade senior trade commissioner, Rod Morehouse.
Investment group Babcock & Brown has entrenched its position as the biggest private sector player in energy generation in Western Australia after agreeing to buy 100 per cent of the AlintaAGL business.
AN $11 million research collaboration designed to unlock stranded offshore oil and gas reserves through improved subsea pipeline design was launched in Perth last week.
Glencore International AG has lifted its stake in Minara Resources Ltd from 52.2 per cent to 53 per cent through the purchase of a further 4.4 million shares in the company at a cost of $26 million.
The Chamber of Minerals and Energy has appointed Reg Howard-Smith as chief executive, replacing Tim Shanahan, who now serves as director of the University of Western Australia's Energy and Minerals Initiative.
The owners of the Dampier to Bunbury natural gas pipeline are in a commercial stand-off with the new operators of the pipeline, after investment group Babcock & Brown teamed up with Singapore Power to buy Alinta Ltd.
West Perth-based freight vehicle maintenance company Transerv Australia Ltd will acquire a 10 per cent interest in the Warro Gas Field - owned by Latent Petroleum Pty Ltd - for $3 million, the company has announced.
West Perth-based clean energy developer Carnegie Corporation Ltd has completed its $14.8 million capital raising, through a private placement and share purchase plan, the company has announced.
