BHP Billiton has quelled concerns that a proposed tie-up with Rio Tinto's Western Australian iron ore business will lead to further job losses while one union calls for key Rio executives to resign.
Rio Tinto has confirmed today its deal with Chinalco has been "terminated" with the miner instead opting to raise $US15.2 billion ($A19 billion) through a rights issue that will reduce its net debt to $US23.2 billion ($A29 billion).
Rio deal with Chinalco is dead; Troubled Mirvac launches $1.1bn capital raising; BHP tempts China with index-linked ore prices; Investors pull back as mining falls off; Brandrill warns of loss for second half
The state government's recently established Freight and Logistics Council has been given the task of assessing the contentious issue of upgrading grain transportation in Western Australia.
Sinosteel Midwest Corporation has warned its Mid West iron ore project may not go ahead after the environmental watchdog failed to approve an integral part of the mining proposal.
A Chinese government agency is set to take a 13 per cent interest through a near $10 million placement in East Perth-based Bauxite Resources following Foreign Investment Review Board approval.
Perdaman Chemicals and Fertilisers, the company behind the $3.5 billion urea plant near Collie, has awarded an engineering and construction contract to a Korean and Indonesian consortium.
A joint venture led by engineering and construction company Clough has been awarded a contract for early works on a major liquefied natural gas (LNG) project being developed by Exxon Mobil in Papua New Guinea.
Stocks soar on rise in GDP; Kagara poised to raise close to $200m; Ore price fall puts China on spot, boosts miners; WA may privatise assets to aid books; Union fury as Gillard talks tough
THE post-boom environment has given rise to a surge in demand for outsourced chief financial officers, as small to medium-sized enterprises look to implement similar systems to larger businesses.
THE national property market is continuing to recover off the back of an increase in new home sales, but Western Australia is lagging behind the rest of the nation, according to new industry data.
THE Environmental Protection Authority (EPA) has put further pressure on the development of new mines in the Mid West by opposing a key part of Sinosteel Midwest Corporation's proposed iron ore project.
TWO key state government authorities have unveiled a shortlist of advertising agencies competing for their respective accounts, while the Health Department has confirmed which Perth firm will retain control of its $4 million contract.
DURING the past two years, Neptune Marine has been on a breakneck growth path, which has scared many investors who find it difficult to assess such a fast-moving target.
TREASURER Troy Buswell has indicated that Western Australia may be falling behind in its bid for the Square Kilometre Array (SKA) radio telescope project as rival host, South Africa, takes charge on the political front.
PERTH architecture firms have remained resilient in the face of adversity, with many emerging from the early stages of the downturn without significant changes to staffing.
Planning Minister John Day said today the state government was firmly committed to an online system for submitting land sub-division applications but was thoroughly reviewing the scheme before proceeding.
The state government expects to save $280 million over four years from reforms to the capital works program including enhancing the use of public-private partnerships and moving thousands of public sector workers out of the city's government buildings.
Firepower investors launch $5m legal bid; Chevron demands right to develop giant WA gasfield; Woodside chief calls on LNG players to co-operate in west; RBA upbeat on housing recovery; Big miners' value goes down the shaft
Sinosteel Midwest Corp may be forced to revise its iron ore project in the Mid West after Western Australia's environmental authority recommended that mining not proceed at one of three proposed sites.
