Chevron Australia says the government's proposed emissions trading scheme could increase operating costs by up to $200 million to its massive Gorgon and Wheatstone projects.
Shares in Leederville-based Blackham Resources Ltd have jumped 46 per cent after a resource boost in the Scaddan coal-to-liquids joint venture with Wesfarmers Premier Coal Ltd that is projected to have mine life of over 45 years.
North Perth-based metals explorer Aura Energy Ltd has entered into a deal, potentially valued at $460 million, with Chinese company Sino King Investment Ltd.
Treasurer Troy Buswell said spending will be signifcantly tightened in next year's budget while an exact forecast on how the global financial turmoil will affect the state's resource royalties revenue stream is not yet known.
THE global financial crisis has had a big impact on two energy projects off Western Australia's northern coast, with Coogee Resources and Nexus Energy both putting out 'for sale' signs this month.
HISTORIC statistics have only limited value in the context of an unprecedented market meltdown, nevertheless there is some comfort in knowing the economic position before the latest chapter in the slowly unfolding crisis.
THE timing of the first strike action at Rio Tinto Ltd's Pilbara iron ore operations in 16 years is almost exquisite, with some of the highest paid union members on the planet stopping work as world leaders were seeking to avert a global financial disaste
YOU'D think an artist commissioned by Andrew Forrest to create a 12-metre high sculpture for the Cyclone George memorial in South Hedland, and who made the centrepiece sculpture for the Sultan of Brunei's Jerudong Park Polo Club, would have quite a follow
WHAT started as a marketing plan to name a range of wines has become a 10-year passion for the history of French exploration in Western Australia for businessman, Peter Woods.
Shares in Paladin Energy Ltd have dropped 16 per cent after the company said the global credit crisis will probably cause the deferral or cancellation of some planned uranium projects.
Iluka Resources Ltd, the world's biggest zircon producer, has increased its profit outlook for the full year after a fall in the Australian dollar and higher commodity prices as it plans to take one of its kilns out of production.
Perth-headquartered Clough Ltd has been awarded a services contract by Chevron Australia Pty Ltd to support oil production facilities at the Barrow and Thevenard Islands located off the coast of Onslow.
As the Australian bourse continued its rally today on the federal government's $10.4 billion stimulus package, gold stocks were left behind as the price of the precious metal dropped.
Perth-based explorer Arafura Resources Ltd has accepted a $20 million loan from US-based investment fund YA Global Investments for the progression of the feasibility study into its Nolans rare earth-phosphate project.
Osborne Park-based A1 Minerals Ltd has discovered coal at its Narnoo project in the north eastern Goldfields, which is already prospective for other minerals including gold, nickel and uranium.
Shares in West Perth-based Bass Metals Ltd have jumped 45 per cent on news of record sales from the company's Que River mine and a $3 million cash injection.
Subiaco-based Western Metals Ltd remains on the hunt for an advanced asset acquisition after it walked away from negotiations with a UK-based company to acquire a copper-zinc project in North Wales.
Perth-based Noah Resources NL will undergo a transformation following the approval of its acquisition of Namibian Copper Pty Ltd, and expects to re-list on the local stock market by the end of the month.
Takeover target Perilya Ltd said it is open to CBH Resources Ltd's bid for the company, but advises a merger at a time of market volatility could expose shareholders to additional risks.
Perth-based Resolute Mining Ltd has unveiled an ambitious $51 million capital raising with funds to go towards the continued re-development of its African gold project which is expected to begin production this month.
West Perth-based Royal Resources Ltd will sell its Pilbara iron ore project to its neighbour Giralia Resources Ltd for $3.2 million in cash and shares.
The global financial turmoil appears to have hit the once impervious iron ore market after Mount Gibson Iron Ltd said some of its customers wanted shipments delayed, but other producers remain positive about the outlook.
WHAT impact does a mission statement for your business/organisation have on the performance of your people? Does it make them get out of bed any quicker on Monday mornings?
MANY technology and innovation conferences in Western Australia have a sub theme that can be summed up as 'life after the resources boom', but the chair of next week's Leading Lights conference has a different focus.
