ALCOA has shelved the proposed expansion of the Wagerup alumina refinery in WA, estimated to cost approximately $3 billion, amid weakening demand and volatility in financial markets.
URANIUM miner Paladin Energy says demand for the commodity, widely touted as a growth sector under the Liberal state government, remains extremely strong in the medium to long term.
Avita Medical Ltd Executive director, chief financial officer and joint company secretary, Andrew Cannon, has resigned. Carbine Resources Ltd Wolf Martinick has resigned as director.
RIO Tinto is confident about the future demand from China for iron ore despite announcing it would scale back production at its operations in the Pilbara by 10 per cent.
THE highly lucrative and increasingly competitive international education market is now top of mind for many of the state's educational centres and learning institutions, as demand for their services goes global.
THE state government has announced the appointment of chief executives for three of its major agencies as the focus turns to who will take the reigns at the departments set to be restructured.
Copper miner Matrix Metals today appointed Vince Smith and Justin Walsh of Ernst & Young as voluntary administrators, after being squeezed by falling copper prices and debt repayments.
Perth-based Oroya Mining intends to raise over $1 million through a renounceable rights issue to continue it's exploration projects around the country.
Avalon Minerals is hoping to raise $2 million through the placement 20 million shares at 10 cents per share to progress drilling and feasibility studies at its flagship Viscaria Copper Project, located in Northern Sweden.
Gindalbie Metals Limited has accepted an offer from Anshan Iron & Steel Group Corporation worth more than $162 million to complete equity funding in its $1.8 billion Karara Iron Ore Project.
Mining contractor Macmahon Holdings has downgraded its annual growth forecast for 2009 to between 10 per cent to 20 per cent growth as the economic crisis delays projects.
Shareholders in Jupiter Mines will decide whether to hand control of the company to the Brian Gilbertson-led Pallinghurst Resources, which intends to spend $50 million to advance Jupiter's projects.
Global miner Xstrata has boosted its interest in West Perth-based Pioneer Nickel and has agreed to provide over $1 million to the company to explore the Acra project in Western Australia.
Dragon Mining has become the latest victim of falling commodity prices, with the Perth-based company announcing it has suspended activities at its nickel mine in Finland.
EUROPEAN companies Metso Minerals and Royston have added to the large number of international acquisitions of local mining and industrial services companies in Western Australia.
Perth-based Indo Mines has received government approval to develop its $870 million Jogjakarta liquid iron project in Indonesia, the first such approval granted to a foreign company in over 10 years.
The global economic turmoil has prompted West Perth-based BC Iron to review a smaller start-up operation for its Nullagine iron ore project in the Pilbara which could save its some $80 million in development costs.
The state government has appointed former resources department deputy director general, Stuart Smith, as the new chief executive of the Department of Fisheries.
Herdsman-based Olympia Resources Ltd is undertaking a strategic review of its projects in light of the current financial crisis while chairman Mal Randall steps down.
Gindalbie Metals Ltd plans to raise $162 million through a share placement to Chinese project partner AnSteel to cover its final payment towards the $1.8 billion Karara iron ore joint venture.
Mines and Petroleum Minister Norman Moore has not given up hope the state can still benefit from Inpex's multi-billion dollar Ichthys liquefied natural gas facility.
Clough Ltd has signed a $56 million agreement with Superior Energy Services Inc to charter the newly built Rem Clough and provide associated subsea services.
