WEST Perth-based minerals company, Murchison United NL, is set to be repositioned as a global uranium company after unveiling a strategic alliance with industrial and nuclear energy giant Areva NC.
A $5 million grant from the AusIndustry Commercial Ready program will fuel what Perth-based mining software provider Micromine says will be the largest mining software project ever undertaken.
SUBIACO-BASED mineral explorer, Haddington Resources Ltd, will press ahead with its expansion strategy into drilling services via acquisitions, this time eyeing Brisbane-based company Phoenix Drillin
PT Bumi Resources Tbk has increased its takeover offer for Herald Resources by 5 cents, putting an end to the stalemate with rival bidder Antam-Zhongjin as the latter demands a break fee of $5 million.
West Perth-based Alchemy Resources Ltd has expanded its footprint in the gold sector following a move to acquire the Western Australian division of Polymetals Group Pty Ltd which holds gold projects near Kalgoorlie.
Subiaco-based Balkans Gold Ltd will undergo a name change as it expands its geographical reach to Africa following an agreement to acquire West African Resources Ltd for $1.5 million.
West Perth-based Albidon Ltd has made the transition to nickel producer following the production of first concentrate at its Munali project in Zambia, with cash flow starting next month.
East Perth-based explorer Aragon Resources Ltd has entered into the phosphate game, acquiring Territory Phosphate Pty Ltd for an initial figure of $2.7 million in scrip.
Perth-based engineering company Clough Ltd has secured a contract worth $US50 million ($A53 million) by Norwegian company Advanced Production & Loading.
Portman Ltd is calling for the removal of two Golden West Resources' executives following the completion of its planned 19.9 per cent share acquisition.
Perth-based Hazelwood Resources Ltd has reached in principle agreement with a number of investors to raise up to $3 million to progress studies at its wholly-owned Big Hill tungsten project.
Iron ore miner Territory Resources Ltd has today ruled out throwing any funding lifelines to embattled Monarch Gold Mining Company, and has also appointed a receiver in relation to outstanding loans.
Mt Pleasant-based oil and gas explorer Comet Ridge Ltd has divested its United States projects worth $7.3 million, in a deal with New York-based equity capital firm Pine Brook Road Partners.
Ausdrill Ltd's managing director Ron Sayers has continued to top up his interest in the company which is fending off a takeover bid by Macmahon Holdings Ltd.
Perth-based asset management firm PearlStreet Ltd has forecast revenue for the 2008 financial year at $80 million, while earnings before interest, tax, depreciation and amortisation is expected to be up to $8.5 million.
Two Western Australian resource companies have received a one-star rating for corporate governance, according to a report by chartered accountants WHK Horwath.
Perth-based Grange Resources Ltd is set to step into the producer ring later this year following joint venture approval to develop an iron ore mine in Malaysia.
Shares in Territory Resources Ltd have been placed in a trading halt pending the release of an announcement on the re-alignment of the company going forward.
The fallout from mystery fuel-additives group Firepower continues to grow with up to 600 Western Australian investors facing the prospect that their shares could be worthless.
A quarter of Western Australian exporters intend to move at least part of their business offshore within the next five years, the latest DHL Export Barometer survey has found.
The state's resources boom has created a platform to launch many local specialist software companies into the international marketplace, creating a wealth of opportunities and demand for mining services technology.
Young workers in today's mining services and resources industry are indolent and arrogant, according to some participants at the WA Business News mining services forum.
Changes are under way at local IT company Costing and Logistics Systems, with the adoption of a new brand and business founder Norman Pater handing over the reins next week.
"We've had no vision since Charlie Court ruled here."
That was the message one representative of Perth's mining and resources sector gave to WA Business News' recent mining services and mining technology forum.
When the resources boom hit its straps four or five years ago, many profitable mining services and mining technology organisations emerged in Western Australia with a renewed focus.
Western Australia is renowned as one of the world's great mining provinces, but less well known is the emergence of Perth as a global centre for mining services.
