State energy retailer Synergy has snubbed private energy generators by selecting state generator Verve Energy to supply at least 638 MW of supply under its 2008 procurement tender and named it a preferred tender for its 2009 procurement tender.
A revaluation of the recently re-purchased RAC Insurance by the Royal Automobile Club of WA has nearly offset the investment losses it felt at the hands of the global financial crisis.
The Gordon Martin-backed Pulpwood Plantations is extending its bid for Great Southern timber schemes to include all but one of the flagship plantations.
The state Labor Party has rejected Premier Colin Barnett's 8pm weeknight trading compromise, but says it will support 7pm trading if the government supports its small business protection package.
The Michael Wright-backed private company General Mining Corporation is seeking to raise $240,000 in seed capital to help it prepare for a local stock exchange listing by the end of the year.
Former Regis Resources managing director David Walker plans to sue Newmont Mining Corporation for more than $9 million for alleged misleading and deceptive conduct.
West Perth-based New World Energy plans to raise $10 million through an initial public offer to explore and develop its geothermal permits, and expects to list on the local stock exchange by the end of the year.
Adultshop.com has indicated it is unlikely to recommend a hostile takeover offer from Melbourne group Sexyland, saying its directors will not accept the offer on its current terms.
State energy retailer Synergy is poised to announce the winning bidders of its 2009 power procurement tender to provide additional generation capacity needed from 2012.
A regulatory framework for back-up plans and a wider variety of gas market arrangements are some of the recommendations to help the state avert future gas shortages, in a report to be tabled in parliament today.
Moly Mines says it is continuing strategic investor talks for its Spinifex Ridge molybdenum operation in the Pilbara, as debt capital markets continue to resist supporting green-field projects.
Troy Resources' dissident director John Jones has returned fire in an increasingly heated boardroom battle as the company sets a date for the shareholders to decide which directors stay or go.
Marine safety company Mobilarm has joined the growing list of companies seeking to list on the stock exchange, today unveiling plans to raise up to $6 million in its initial public offer.
FMG decides not to tap China for cash; Mirvac bid to get whole of MREIT; Report reveal hoarding plans to avert gas crisis; Skills shortage risk to recovery; Banks' $8bn handout as outlook lifts
The Australian Securities Exchange has knocked back an application by PearlStreet to extend the expiry date of its listed options, as it proceeds with a conditional recapitalisation proposal by private equity firm Catalyst Investment Managers.
The administrators of View Resources say they will liquidate the former gold miner as the $16 million from the sale of its Bronzewing mine is used to partly repay a secured loan facility.
Tasmania and South Australia are Australia's top performing economies relative to their historic track record, contrasting with the resources-rich states of Western Australia and Queensland which are growing below par, a new CommSec study has concluded.
Global petroleum company Shell expects to start production at its Prelude floating liquefied gas project, off the Kimberley coast, in 2016 with a final investment decision scheduled for 2011.
The Foreign Investment Review Board has given the greenlight to a $10.5 million investment by a Chinese company into Meridian Minerals, which will apply the funds to its Lennard Shelf zinc project in the Kimberley.
The Domgas Alliance has called for an independent panel to help review the marketing arrangements for the Gorgon gas operation as it accuses the project partners of deliberately withholding domestic supply to drive up prices.
Epsilon Energy has entered into a binding deal to acquire the outstanding shares in private Canadian outfit Takatu Minerals, which holds prospective gold and uranium projects in South America, in an all-scrip deal valued at more than $9 million.
Mining services company Mineral Resources has reached an agreement with Gina Rinehart's Hancock Prospecting for the start of operations at the Nicholas Downs manganese mine from March next year.
The pending outcome of the federal government's carbon pollution reduction scheme has created uncertainty for the Forest Products Commission of WA, which has had to cut staff numbers as part of a restructure to reflect the changing economy.
The founder of Carnegie Wave Energy, chairman Alan Burns, has decided to step down, ending his Australian public company career, as the acquisition of Renewable Energy Holdings is formalised.
Ramelius Resources' takeover bid for Dioro Exploration is gaining momentum with the Adelaide-based company boosting its shareholding by more than 9 per cent and extending the offer by three weeks.
GRD Minproc, a subsidiary of Perth-based engineering company GRD, has been awarded the definitive feasibility study contract by Kentor Gold for its Andash gold-copper project in the Kyrgyz Replublic.
Fortescue Metals Group will spend $360 million to upgrade its Christmas Creek iron ore mine in the Pilbara to boost its total Pilbara output by 40 per cent to 55 million tonnes a year by mid 2011.
Boards slam executive pay reform; BHP clears hurdle in race for new uranium mine; Casposo 'at risk' in Troy board stoush; Help for rivals of big four banks; IMF doubts Asian growth
Receivers McGrathNicol has recommended that Great Southern's 2008 wine grape income project be wound up after it determined that a minimum of nearly $8 million would be needed to produce a 2010 vintage.
The race to establish the state's first uranium mine is heating up with Canada's Mega Uranium planning a $53 million capital raising for the Lake Maitland project while BHP Billiton's Yeelirrie operation received a setback.
