Jittery WA businesses prepare to lift prices; Power prices put business on back foot; Lawyers eye brokers on Opes share losses; Shares to slide a crude stokes inflation fears; Getting personal: Pratt Lawyer fire up blowtorch for Samuel
Macmahon Holdings Ltd's failure to rouse up a relevant interest in Ausdrill Ltd of more than one per cent has played into the takeover target's hand nicely, as it issued its target statement today.
Perth-based Galaxy Resources Ltd plans to raise $2.3 million to boost cash reserves towards its bankable feasibility study into its Mt Cattlin tenement in Ravensthorpe.
Perth-based explorer Newland Resources Ltd has entered into an agreement to acquire a share of assets worth $44 million from Pacific International Management Inc.
Fortescue Metals Group Ltd is a step closer to gaining access to railways in the Pilbara owned by BHP Billiton Ltd and Rio Tinto Ltd after a government body said they should be opened to third parties.
Clean energy technology group Orbital Corporation Ltd has entered into a funding agreement with the federal government worth $2.8 million to construct and operate an engine testing facility in Balcatta.
South Perth-based coal seam gas explorer Pure Energy Resources Ltd has completed a $15 million capital raising with funds to head towards exploration costs on projects on the east coast.
Lead and zinc miner Perilya Ltd has been granted a trading halt, saying that its merger with fellow mid tier miner CBH Resources Ltd is nearing completion.
With the impact of the gas crisis set to last for months, nickel miner Minara Resources Ltd has secured a long-term gas supply contract from alternative sources while its Murrin Murrin operation operates at two-thirds of normal production rates.
Specialist treasury systems provider CCK Financial Solutions Ltd, headquartered in Perth, has signed up two major banks in the Philippines to subscribe to its Guava Suite treasury management system.
When earthmoving contractor Brierty Ltd ran off the rails, so to speak, with two profit downgrades in the space of six weeks during April and May this year, it laid bare some of the major pitfalls of operating in a boom-time environment.
A commitment this week by Perth-based superannuation fund Westscheme to invest $30 million over five years to commercialise research from universities has been applauded by the Telethon Institute for Child Health Research.
With the impact of the gas crisis set to last for months, nickel miner Minara Resources Ltd has secured a long-term gas supply contract from alternative sources while its Murrin Murrin operation operates at two-thirds of normal production rates.
The underperformance of operations in Western Australia has not helped crane company Boom Logistics Ltd which has lowered its full year profit forecast by $8 million to $22 million.
Perth-based Strike Resources Ltd has commenced legal proceedings against a Peruvian company and its associates to end uncertainty relating to its iron ore assets in the country.
A study has valued Australasian Resources Ltd's share of the Balmoral South iron ore project in the Pilbara at $3 billion, highlighting the economic viability of the operation that has a 28 year mine life.
Subiaco-based Cougar Metals NL plans to raise $2 million to fund the development of its Brazilian mineral drilling business and continue work on its Pyke Hill nickel project in Western Australia and Alta Floresta gold project in Brazil.
Base metals miner CBH Resources Ltd, which is planning to merge with Perth-based Perilya later this year, is undertaking a major corporate and operational restructure to help it withstand falling commodity prices.
A market transaction with Perth-based Elixir Petroleum Ltd has landed Tolhurst Ltd a $25,000 fine from the Australian Securities Exchange Disciplinary Tribunal.
Balcatta-based resource company Tiger Resources Ltd has received approval to list its ordinary shares on the Toronto Stock Exchange and plans to list early next month.
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State Liberal leader Troy Buswell has today released a proposed new way forward for the State to build much needed public infrastructure in a faster, more cost-effective way.
Applecross-based global education group Navitas Ltd has entered into agreements to acquire Melbourne Education Group Pty Ltd and most of the shares in Australian Institute of Public Safety Pty Ltd for $2.2 million.
Perth median house prices are predicted to increase by six per cent by fiscal 2011 with prices to remain flat this year, according to economic forecaster BIS Shrapnel.
Specialist mining and energy software developer ISS Group Ltd has branched out into the food and beverage sector following a deal with Mars Snackfood to utilise its BabelFish software.