EVER since Rio Tinto and BHP Billiton announced plans to merge their Western Australian iron ore mining operations, Premier Colin Barnett has been issuing statements which make him sound more like Hugo Chavez, the radical socialist president of Venezuela
THE Perth-based chairman and managing director of UK-listed CustomVis plc have been challenged by a group of shareholders who want to gain control of the technology company.
Southern Cross Electrical Engineering will pay up to $5.1 million to acquire FMC Corpration, which operates Hindle Offshore Services and Hindle Electrics, as part of its strategy to re-enter the oil and gas sector.
The Karl Simich-chaired investment company GoldLink IncomePlus has proposed to buy 10 per cent of shares in Subiaco-based Indago Resources as part of a bid to replace the board with its own nominees.
An estimated $800 million will be needed to eliminate overdue maintenance on the state's deteriorating road network, according to an auditor general's report tabled in parliament today.
Two more ex-Jubilee Mines executives have joined Nedlands-based Talisman Mining with Peter Langworthy and Brian Dawes today appointed executive directors.
Two of the nation's leading housing associations along with 30 suppliers and builders have today launched a campaign in Western Australia, encouraging potential home buyers to build.
Buru Energy has confirmed a takeover proposal by chairman Eric Streitberg, through private vehicle Arenite, has been terminated due to third parties withholding approval.
Avoca Resources says takeover target Dioro Exploration needs a "reality check" over the high valuation of its shares which is around 180 per cent higher than the company's current share price.
Local government councils in the Wheatbelt may stop issuing permits for operators of larger grain trucks as the deadline for the state government to commit an initial $45 million to upgrade rail lines for grain transport passes.
Gunson Resources will build its processing plant for the Coburn zircon project in Western Australia instead of China as it selects Intermet Engineering as its preferred engineering contractor.
VDM Group expects to book an operating loss for the 2009 financial year as current business conditions result in a write off of goodwill by up to $85 million.
Resource stocks have helped to continue the positive momentum in the Deloitte WA Index with the collective market capitalisation of WA's top 100 companies jumping 54 per cent over the past four months.
Straits Resources has taken a substantial shareholding in Adamus Resources as the latter steps up debt and equity talks for its $95 million gold project in Ghana.
Shares in Fortescue Metals Group have surged 21 per cent amid speculation that Chinese interests could have the Pilbara iron ore miner in their sights.
Shares in soon-to-be transformed Croesus Mining have soared after the company completed a $7 million capital raising with shares priced at a hefty premium.
Engineering and infrastructure company GRD has become the latest acquisition target for UK-based AMEC, which has proposed a $106 million cash takeover offer.
ONE year after fighting off a hostile takeover attempt, Ausdrill managing director Ron Sayers has declared the business he founded more than 20 years ago to be takeover-proof, and the likely instigator, not prey, of future acquisitions.
THE state's iron ore juniors are predicted to reap the rewards from the collapse of the Rio Tinto and Chinalco deal, with Chinese investment likely to flow to emerging iron ore producers.
THE third attempt in a decade to merge the iron ore assets of BHP Billiton and Rio Tinto could resolve this issue for good, with Premier Colin Barnett seemingly prepared to negotiate over a long list of demands.
