Malaga-based Advanced Engine Components Ltd has secured a $2 million loan from a party related to a major shareholder to fund working capital requirements on the back of ongoing growth in sales demand.
Perth-based Jupiter Energy Ltd will pay up to $57 million to move to full ownership of an oil field in Kazakhstan, with Macquarie Bank to provide funding assistance.
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The surging iron ore industry delivered a big boost today for West Perth-based miner Mount Gibson Iron Ltd, which reported a doubling of profit, and engineering company WorleyParsons Ltd, which signed a $260 million contract with Fortescue Metals.
Subiaco-based Empire Beer Group Ltd has agreed to sell two of its pubs to a shareholder company controlled by Computershare Ltd executive chairman Christopher Morris for $4.5 million.
Perth-based coal miner Handini Resources Ltd has revised its initial public offer, this time doubling the amount of funds to be raised to $10 million as it pins its hopes on a major company to take the majority of shares.
West Perth-based ipernica Ltd will lend its knowledge to a Melbourne company caught in legal proceedings in the United States over its intellectual property rights.
Nedlands-based waste management company Tox Free Ltd has reported a 56 per cent jump in earnings for fiscal 2008 as it opens its first waste facility in New South Wales.
Mortgage aggregator Australian Finance Group has teamed up with Perth-based wealth management adviser Plan B Group Ltd to offer a full range of mortgage products to customers.
Shares in West Perth-based ARC Energy Ltd will be suspended from trading at the close of business today after the Federal Court approved its merger with Australian Worldwide Exploration Ltd.
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Bibra Lake-based Mineral Resources Ltd had a double dose of good news today - it expects to more than double its profit in 2007-08 and has signed of a seven-year agreement with Hancock Prospecting Pty Ltd to develop and operate a Pilbara manganese mine.
The ANZ Banking Corporation Ltd and Westpac Banking Corporation said today they cannot guarantee passing on any interest rate cut made by the Reserve Bank of Australia.
Subiaco-based Red Fork Energy has secured $33 million for the exploration of a new gas project in Oklahoma after signing a joint venture deal with a Dallas-based company.
Market volatility is likely to impact Bunnings Warehouse Property Trust's earnings in the 2009 financial year as it reported a $39.3 million fall in the fair value of investment property portfolio, in contrast to a $167.9 million rise the previous year.
A hearing between Murchison Metals Ltd and Chameleon Mining NL is likely to be held early next year as the deadline for the second tranche of security for costs edges closer.
West Perth-based Hawk Resources Ltd will start trading as New Standard Energy Ltd tomorrow after finalising the acquisition of oil and gas assets in the Canning Basin.
Queensland government owned power generator Stanwell Corporation Ltd has taken a 19.6 per cent stake in Blue Energy Ltd after buying a parcel of shares from CVC Ltd for nearly $35 million.
West Perth-based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a 264 per cent jump in net profit for the first half of 2008.
The jobless rate in Western Australia has decreased to a seasonally adjusted 3.1 per cent in July while the national rate remained unchanged at 4.3 per cent.
West Perth-based Nkwe Platinum has signed exclusive option agreements valued at nearly $A14 million with global mining company Xstrata and Leederville-based International Goldfields Ltd over several African projects.
IT emerged from Western Australia in the 1980s to become one of the giants of national financial services wizardry, but the Asgard operation in Perth is slowly being whittled away, with owner St George Bank Ltd sending jobs to India.
The federal government's Productivity Commission has released its evaluation of the financial performance of 86 government trading enterprises across Australia.
Former academic Tim Atterton believes Australia's tax system sets up small business for failure in times like these by discouraging the retention of profits, distracting management and undermining strong balance sheets.
Many Western Australians, myself included, consider Ralph Sarich a household name, so I was surprised last week to discover that many people in Perth have little or no awareness of how he built his $1 billion fortune.
Boutique private equity firm InGlobo Asset Management Pty Ltd is looking for more acquisitions in the mining services sector after its debut purchase of Integrated Industrial Mining Supply Pty Ltd.
PearlStreet Ltd managing director Anthony Wooles has increased his interest in the company by buying 10 million shares valued at $3.3 million through a placement to director and allotment of shortfall
Increased building activity in Perth's suburbs will create more than 400,000 square metres of new office space over the coming years, as more tenants are pushed out of the traditional CBD and West Perth markets by record low vacancy rates.
