A fall in commodity prices and a rising Australian dollar have cut West Perth-based Kagara Ltd's earnings in fiscal 2008 by 28 per cent despite achieving record copper production over the year.
Ausdrill Ltd has rejected Macmahon Holdings Ltd's increased takeover offer, saying the new bid represented less value for shareholders than the original offer.
Golden West Resources Ltd has hit back at Portman Ltd's criticism of its acquisition of iron ore tenements, using the latter company's recent purchase of prospective iron ore ground as ammunition.
A 74 per cent increase in sales revenue has reduced Osborne Park-based Advanced Braking Technology Ltd's annual loss for the 2008 financial year by $910,000.
Perth-based Venus Resources Ltd has branched out from its diamond focus following the settlement of iron ore tenements in the Mid West for over $1 million.
Cape Lambert Iron Ore Ltd chairman Ian Burston has stepped down as the company steps up evaluation of new acquisitions following the $400 million settlement of its namesake project.
Kalgoorlie-Boulder Resources Ltd has entered into a $3 million scrip deal to acquire private company Matsa Resources Pty Ltd which holds interests in projects in Western Australia and South East Asia.
Companies with an indirect interest to Western Areas NL chairman Terry Streeter have spent nearly $7 million buying shares in the miner over the past two days.
West Perth-based Lonhro Mining Ltd will sell its stake in a South African diamond mine for over $15 million in a bid to focus on its flagship Lulo project in Angola.
Oil production and sales revenue from Subiaco-based Salinas Energy Ltd's North San ardo field in California has exceeded internal forecasts with revenue beating the budget by 25 per cent for July.
Nedlands-based mining services company Morris Corporation (WA) Pty Ltd has secured a contract to provide catering, village and airport management, and site cleaning services at Oz Mineral Ltd's Golden Grove mine in the Mid West region.
Wesfarmers and Rio Tinto have cemented their positions as corporate citizens in Western Australia after both companies last week revealed separate philanthropic partnerships totalling $15.
The past two years has been a period of upheaval for the Western Australian olive industry, with big players going through major structural changes or leaving the sector altogether.
This time last year, fund managers in Perth were talking bullishly about continued strong investment returns and plans to rapidly expand funds under management.
WESTERN Australian School of Mines operator Curtin University says it has changed plans to relocate about half of the Kalgoorlie campus students to its Perth campus, but will review the situation in 2
THE three partners in the Gorgon gas project have approved spending of $1 billion and the employment of 1200 staff and contractors ahead of a final investment decision over the coming 12 to 18 months.
Subiaco-based minerals explorer Western Metals Ltd has decided to divest its interest in two overseas projects in a bid to concentrate on its flagship Mtonya uranium project in Tanzania.
Golden West Resources Ltd has appointed former Rio Tinto Iron Ore chief operating officer David Rose as its chief executive, as it shores up its defence against Portman Ltd's bid to oust two directors.
Swimming's glamour girl Stephanie Rice has broken the world record for the 200 metres individual medley at the Beijing Olympics to claim her second gold medal at the games.
West Perth-based Emerald Oil & Gas NL has entered into an agreement to acquire a 25 per cent interest in 50 gas wells in the United States for $2 million.
East Perth-based Legacy Iron Ore Ltd is poised to receive $1.8 million from an investment by Sydney-based Western Resources (Australia) Pty Ltd via a share placement.
OM Holdings has launched a share buy-back for about five per cent of its issued capital, saying its current share price did not reflect the underlying value, strong earnings and future potential of its assets.
