The state's economy is tipped to fall into recession in fiscal 2011 however Access Economics has forecast a "slow slowdown" as spending on big projects such as the $12 billion Pluto project offsets a dramatic downturn.
Engineering and mining services provider Macmahon Holdings will axe a further 360 jobs over the next two months as it forecasts second-half profits to collapse as mining contracts are cancelled and rain hampers operations.
West Perth-based Target Energy has pointed to suitor Advance Energy's operational viability as it advises shareholders to take no action on a takeover bid.
Uranium play Wildhorse Energy has moved to reduce the size of its board as part of its strategic review with director Craig Burton taking over from chairman Mark Hughes who has decided to step down.
Perth-based CityView Corporation says it will use the $14 million owed to it by Fortitude Minerals to buy an interest in a coal operation in South Africa.
A PERTH-BASED inventor has used $80,000 in government grants and some of his own money to develop an award-winning safety line he says would be on the market by year's end.
Ravensthorpe closure 'leaves scar on land'; Forrest in self-censorship bid; Long march for a great haul; Mining giants to combine power; No early recovery, says IMF
The national petroleum safety regulator has issued a prohibition notice to Woodside Energy following a fire at its processing facility last week in the Vincent oil field.
Only two companies were allocated funds in the first round of the federal government's $50 million Geothermal Drilling Program with West Perth-based Torrens Energy one of the companies to miss out.
GRD's engineering subsidiary GRD Minproc has been awarded a design contract for Felix Resources' $400 million Moorlarben coal project in New South Wales.
Perth-based oil and gas explorer Buru Energy has unveiled a $41 million takeover bid by a company linked to its chairman, which has proposed to fund the offer out of Buru's cash reserves.
Engineering firm RCR Tomlinson has forecast a full-year fiscal 2009 net profit of up to $13 million as profit expectations are hit by delayed or cancelled projects.
Coles to be main act at Wesfarmers' briefing; Forrest, China in talks over Pilbara push; Bank move on B&B holders; Inflation data in the March quarter eases the RBA; Qantas flies with Etihad deal
Woodside Petroleum announced today that the Kimberley LNG hub was its preferred site for developing its Browse Basin gas fields, even though its joint venture partners have not yet made a decision.
The Federal Government has officially launched the Global Carbon Capture and Storage Institute today, with support from 85 bodies including 40 major companies.
Stockland has secured Shell Development Australia, a subsidiary of global energy company Royal Dutch Shell, as a major tenant at its new 2 Victoria Avenue office building in Perth.
POLISHING his crystal ball Briefcase believes that, after such a strong bear market rally on the local and global stock markets, some pullback is likely.
THE recent completion of a nickel concentrator plant and a proposed expansion to service a new mine makes Western Areas' Forrestania project a rare good story in the nickel world.
FOLLOWING Federal Resources Minister Martin Ferguson's endorsement of Australian uranium export trade with China, the Chamber of Minerals and Energy believes working with communities on providing soft infrastructure will be the key challenge facing the st
Premier Colin Barnett announced late today that the government had reached a "broad agreement" with the Kimberley Land Council and Woodside over the establishment of an LNG precinct north of Broome.
The Kimberley Land Council is believed to have negotiated an agreement with the state government and Woodside Petroleum that would deliver more than $1 billion over 30 years from the development of a liquefied natural gas hub near Broome.
Initial production from Apache Energy's Van Gogh oil field in the Exmouth basin has been delayed after its processing vessel caught fire at a shipyard in Singapore.
The petroleum safety watchdog has sent two inspectors to investigate a fire at a Woodside Petroleum-operated facility in the Vincent oil field off the state's northwest coast.
