Struggling iron ore miner Territory Resources has entered a standstill agreement with, and provided additional security to, its financiers as it seeks to restructure or refinance its foreign exchange hedging and loan arrangements.
Australasian Resources has widened its scope of financiers after Chinese project partner Shougang missed a deadline while the merger agreement with one of billionaire Clive Palmer's companies has expired.
The state government says it will order work to stop at any BHP Billiton mines where workplace breaches are found, after five recent deaths at the company's Pilbara iron ore sites.
Energy Minister Peter Collier said he is seeking legal advice on whether he has capacity to stop Synergy relocating jobs overseas, after the state opposition claimed that more than 120 Western Australian jobs will head to India.
Shares in West Perth-based Eneabba Gas have soared as much as 112 per cent today after entering a deal with Carbon Energy for the supply of gas to its Centauri 1 Power station in the Mid West.
Building approvals in Western Australia have jumped 20 per cent to a seasonally adjusted 1,644 units in February, new figures from the Australian Bureau of Statistics show.
New miner Atlas Iron has secured additional berth capacity at the Utah Point public access port facility in Port Hedland, which is currently under construction.
No escape from recession: RBA; Labor moves to cut major project costs; Unions warn of action on public service pay; Canada fund bids for Mac satellite; BankWest battles
ComputerCORP will pay some $15 million in cash and scrip to acquire two eastern states technology providers and has announced plans to launch a $5 million capital raising.
The Western Australian government is the best performing state government in the country in the eyes of the small business community, according to the MYOB Australian Small Business Survey.
Perth property values have bucked the slight upward national trend, with the median value of houses dipping 1 per cent in the three months to the end of February.
Forrest to win green light for sale to China; Banks to decide on OZ lifeline; Miners turn to China for funds as bank loans dry up; Bank mergers bite; Markets face legal threat over rent rises
Babcock and Brown Power has finalised the sale of its 70 per cent interest in the NewGen Kwinana power station, with details of the settlement pending performance of the station in the second half of the financial year.
Confidencce in the Western Australian rural sector has bucked the national trend and risen slightly, although levels are still well below the near record highs of last year, according to the latest Rabobank survey.
Local Government Minister John Castrilli has announced $10,000 financial packages for local councils that agree to prepare submissions for voluntary amalgamation by the August deadline.
Barnett hints at shop hours change this year; China holds fire on OZ veto; 400 BankWest jobs under threat; Recession to blow out budget deficit; Banks crunch on depositors
Australia's major forestry companies are disappointed they have not negotiated an increase for the benchmark price of exported Tasmanian bluegum woodchip with Japan.
Hannans Reward director Terry Grammer has resigned following outraged calls yesterday by chairman Richard Scallan that he step down after accepting Fox Resources' takeover offer.
Patersons Securities will takeover the broking arm of Tolhurst whose shareholders today agreed to sell the business for $2 million, well below the figures originally mooted for the deal.
Property developer Peet plans to raise $81.5 million through a rights issue, with around two-thirds of the raising underwritten by company directors and UBS.
Aquarius Platinum plans to raise $260 million through a placement and rights issue, with part of the funds to be used for its acquisition of Ridge Mining.
West Perth company Continental Capital has appointed Petrus Snyders as chief executive officer of subsidiary Continental Coal and has topped its planned $20 million financing target.
Energy Minister Peter Collier visited Karratha earlier today to mark the start of construction of the most efficient gas-fired power station on the Pilbara’s North West Interconnected System (NWIS).
Albidon has extended its trading halt as it waits on final approval from senior lenders and unsecured creditors over its funding package from Chinese company Jinchuan.
Takeover target Hannans Reward has requested the resignation of one of its directors after he accepted the Terry Streeter-backed Fox Resources' takeover offer.
Rio's Chinalco deal clears first hurdle; Swan throws debt lifeline to the states; Bank chiefs see upside; Canadian uranium player eyes View camp; Chalice Bridge put up for sale
