Mining services company Imdex and drilling specialist Coretrack have agreed to a $28.4 million merger that will create an entity focused on the burgeoning oil and gas sector.
Labor defector gives Nationals more power; Dioro set for tie-up, blocking Avoca bid; Bank results boost shares; Produce prices lowest in 10 years; Coalition torn over climate
South Perth-based Uranium Australia is gearing up for a local stock market listing in October as it receives expressions of interest from brokers to underwrite its $6 million initial public offer.
The state opposition has again slammed the Barnett government's 3 per cent budget cuts with Department of Health the latest to reveal a fire sale of $1.8 million worth of land.
Australia's bid to host the $2.6 billion Square Kilometre Array project has been given a boost by the federal government, which has committed more than $88 million towards a stake in a complementary telescope in Chile.
Takeover target Dioro Exploration says it is in advanced discussions with Canadian copper and gold miner Northgate Minerals Corporation as original suitor Avoca Resources extends its $68.5 million offer.
BC Iron is one step away from receiving full support from Fortescue Metals Group for its $43 million Pilbara iron ore project, with the miner requesting one further test.
Chinese step up pressure on Barnett over Oakajee; Rising ore prices buoy Rio; Rudd resists ACTU's Buy Australian push; Telstra hears demerger call; Capital floods in at record rate
Coote Industrial will be able to make a start on its growth objectives after it received a $44 million payment from Greentrains while it enters into a major shareholding deal with Elphinstone Group.
West Perth-based Exco Resources has asked Barclays Capital to arrange a $16 million debt financing facility, which together with the recent $7 million equity raising, will be used for the development of the White Dam gold project.
Australasian Resources has stepped up negotiations with other companies after finance talks with Shougang Corporation over a $2.7 billion iron ore project in the Pilbara collapsed.
Nickel miner Panoramic Resources has confirmed it is running the ruler over Barrick Gold's Osborne copper-gold mine in Queensland as part of its acquisition plans.
China growth may lift world out of recession; Union threat to projects; Perth faces cut for business; Panoramic eyes Barrick base metals; Shares surge by $70bn
The Economic Regulation Authority has knocked back Western Power's request to allow big increases in the price it charges for access to the state's main electricity grid for the next three years.
There are signs Western Australia is well-placed to be one of the first states to come out from the global recession, with economists revealing there are early indications that the economy is about to recover.
Surging spot prices put heat on China mills; World came close to collapse: bankers; Stokes buys up more of Packer's empire; China soothes Rudd on trade; Ziggy remains in NBN race as Anderson ruled out
Opposition energy spokesman Mark McGowan today called on the state government to end 10 months of uncertainty surrounding the possible re-merger of Verve Energy and Synergy.
UNCERTAINTY surrounds the future income of Aspen Group's ailing property fund as the Perth-based company seeks to avoid a fire sale of its portfolio of office, retail and industrial complexes.
STATE Energy Minister Peter Collier has denied the government is preparing to abandon Premier Colin Barnett's mooted re-amalgamation of Verve Energy with Synergy.
ONE of Western Australia's biggest real estate groups has launched a new index to track market trends because it says median house prices do not accurately reflect Perth's property market.
STATE government disincentives to the disposal of waste in landfill have met with an unfavourable response from local governments, which say they were not consulted in the policy's development and that they will not benefit from its introduction.
RECRUITMENT firms able to secure government contracts or tap into areas of resource-fuelled activity are expanding in the face of a broader economic slump.
FINANCIAL planners are the sole dissenting voice regarding a federal government move to allow superannuation funds to provide members with personal advice.
Western Australians have bombarded job hunting website Seek in June with applications up 6 per cent as job advertisements fall nearly 5 per cent, a survey shows.
