THE state's biggest industry superannuation fund, Westscheme, has shed its impressive gains generated in the years leading up to the financial crisis after its large portfolio of unlisted assets was savaged by the downturn.
Balcatta-based Conquest Mining has activated the dispute resolution process in a bid to clarify its joint venture partner, Gold Fields, commitment to exploration of Mt Carlton gold-cilver-copper project and other regional tenements in Queensland.
A collapse in platinum prices and the suspension of operations in South Africa have been named as the main factors for South Perth-based Aquarius Platinum recorded a $45.7 million net loss for 2008/09.
Western Australia has topped the nation in wage growth with a 4.6 per cent rise in the index, according to latest figures from the Australian Bureau of Statistics.
The number of temporary skilled overseas workers coming to Western Australia dropped nearly 10 per cent in the 2009 financial year following changes implemented by the Rudd government and the global economic slowdown.
Several West Perth-based junior companies have today revealed plans to raise a collective $32.75 million to progress projects in Australia, South Africa and the United States.
Business rebuffs coalition on climate; China mulls $1bn boost for Fortescue; Rising steel erodes China iron hope; JB Hi-Fi posts massive profit jump; Racing heir named in share trading investigation
Swick Mining Services has added further momentum to its North American expansion plans, today announcing it had signed its first United States contract.
The Australian Tax Office needs to provide a clear explanation of how it handles tax disputes and use plain language when providing advice to taxpayers, a report by the Inspector-General of Taxation has recommended.
Retailer Clive Peeters, which owns the Rick Hart stores, has started legal proceedings against a staff member over the theft of nearly $20 million that was used to buy and sell real estate.
Shares in Anvil Mining have jumped as much as 20 per cent today after the miner secured a $238 million equity and debt arrangement for the expansion of its Kinsevere copper operation.
Pilbara ports look to more record trade; Coalition's emissions trading plan a 'mongrel'; New arena doubt on cost, timing; Split banks, Senate told; Acid test for China bid
Anvil Mining has reached an agreement with international commodities trader Trafigura Beheer over a $US200 million ($A238 million) equity and debt financing arrangement for the expansion of the Kinsevere copper project in the Democratic Republic of Congo.
China Railway Resources Group Co has today revealed plans to launch a proportional takeover for RMA Energy, offering cash for 80 per cent of shares it does not own in the Perth-based company.
Charities in Western Australia have seen a more than 5 per cent rise in demand for their services as a result of the global economic downturn, a new survey reveals.
Talk of the central bank lifting interest rates within the next year is expected to increase Western Australia's demand for fixed rate loans, which dipped slightly in July, a new Mortgage Choice survey shows.
Indago Resources is set to get a new board after its current directors conceded a request from Subiaco-based GoldLink IncomePlus to appoint Miles Kennedy, Karl Simich and Matthew Fitzgerald.
Brockman Resources plans to start production at its Pilbara iron ore project by the end of 2012 after a study estimated capital costs at up to $1.35 billion.
Shares in RMA Energy have been placed in a trading halt after it was approached by an entity, speculated to be a Chinese business, that could result in an offer for some or all of its shares.
One month after its failed bid for Terrain Minerals, Iron Mountain Mining plans to launch a takeover for Aluminex Resources, which delisted from the local stock exchange months after its float.
Business coughs up for ministerial access; Unions wage bitter turf war; BHP rail snub irks juniors; Schubert’s swansong from CBA; Jobs data pushes Australian dollar higher
Former Wesfarmers finance director Gene Tilbrook has today been appointed as one of five new directors to the board of NBN Co Limited, the company established to deliver the $43 billion national broadband network.
Maddington company Coote Industrial expects to report a small net profit for fiscal 2009 after accounting for delays associated with the Greentrains payment.
Perth-based neurology focused research and development company NeuroDiscovery has entered a specialist services deal with a major international pharmaceutical company, valued at $620,000, the company's largest every contract.
Malaga-based Automotive Technology Group plans to raise around $2.7 million through an entitlements issue after a proposed convertible notes capital raising was scrapped last month.
