Shares in Murchison Metals have surged as the company flags the potential to increase the scope of its Mid West iron ore operation after setting an additional exploration target of up to 1 billion tonnes.
GROWING numbers of Australian organisations are offering paid maternity leave according to recent research by the Equal Opportunity for Women in the Workplace Agency and Alcoa of Australia.
LOCAL industry is demanding a say on the state government's next move on energy policy, after it finally scrapped unwelcome plans to merge electricity generator Verve with retailer Synergy.
The Western Australian Trade Opportunities Service is operated by the International Trade Centre of the Chamber of Commerce and Industry of Western Australia.
AS Baosteel seeks to get the latest big decision across the line at the Foreign Investment Review Board, many share market investors may not realise what legally occurs with a transaction of this nature.
MOLY Mines has revealed plans to raise at least $30 million as part of debt restructure plans and to fund the $10 million development of its iron ore deposit while it progresses its Spinifex Ridge
TWO prominent directors of Western Areas have pocketed more than $11 million from the sale of shares as unrelated company Western Areas Exploration makes its way on to the share register after a lengthy court battle.
WESTERN Australian tropical fruit growers and exporters have welcomed lower trade barriers to key markets such as China, but acknowledge there are challenges associated with that.
Panoramic Resources' net profit has slumped 89 per cent to $5.6 million for the year to June 30, down from $53.3 million the previous year after the company's revenues receded on the back of lower nickel prices.
West Perth-based Marengo Mining has welcomed several global investment funds, including Soros Funds Management, onto its register after it raised more than $16 million through a share placement in North America.
Moly Mines has jumped the final logistical hurdle for its $9.4 million Spinifex Ridge iron ore project in the Pilbara after securing port space at the new Utah Point facility in Port Hedland.
Uranium producer Paladin Energy has posted a $US480 million loss for the year to June 30 on the back of large impairment expenses but remains positive about its current operations and growth opportunities.
Perth-based business publisher Aspermont has posted a solid increase in revenue and underlying earnings but one-off restructuring costs have pushed its net result to a loss of $484,000.
West Perth-based Barra Resources has raised $3.5 million through an oversubscribed placement to advance drilling on its key Mt Thirsty nickel and Phillips Find gold projects in Western Australia.
Herald Resources has urged shareholders to reject Jakarta-based PT Bumi Resources' takeover bid, saying the offer is only a quarter of the price the shareholder paid 12 months ago for control of the West Perth company.
A further study to enhance the economics of Toro Energy's Wiluna uranium project in Western Australia has shaved 17 per cent off the capital cost to $162 million.
Scooter manufacturer Vmoto has delivered its fourth successive year of revenue growth but has posted a $4 million loss for the 2009 financial year, largely attributable to the development of its new facility in China.
West Perth-based Northern Iron plans to raise $61.4 million through a rights issue and has selected a new chief executive following a cost blowout at its iron ore project in Norway.
Tap Oil has rejected speculation that its legal battle with Burrup Fertilisers could result in damages worth hundreds of millions or even billions of dollars, instead putting its maximum liability at $US20-25 million.
East Perth-based Metals X will pocket more than $16 million after its largest shareholder, Hong Kong company APAC Resources, agreed to lift its interest to 28.3 per cent.
Exploration expenses have dug a deep hole in Atlas Iron's bottom line, with the miner today reporting a $63.1 million net loss for the 2009 financial year.
Ramelius Resources is pressing ahead with its takeover offer for WA goldfields neighbour Dioro Exploration, even though Avoca Resources has snared 44 per cent of Dioro..
Perth company Liquified Natural Gas has appointed CB&I as project management consultant for its planned three million tonne per annum LNG project at Fisherman's Landing in Queensland.
Audax Resources has completed a capital raising worth more than $2.5 million from sophisticated and institutional investors, including a London fund and clients of another London firm for a drilling program in Tunisia.
Gold miner Resolute Mining Group has turned last year's $56 million loss into an after tax profit of $27.4 million in FY2009, including an unrealised treasury gain of $1.1 million, on the back of increased revenues, production and gold cash costs.
Nickel miner and metals explorer, Independence Group has posted a profit of $16.1 million for the year to June 30, down almost 69 per cent per cent from last year's result of $51.5 million as falling production and spot nickel prices affected revenues.
