Latest Headlines

Apex Minerals says it will seek to raise $22.6 million through a 1 cent per share rights issue and a 1.8 cents per share placement to institutional investors to pay out its gold upside participation notes.

Perth-based advanced materials group Quickstep Holdings will move its manufacturing base to Sydney, after signing a 20-year, $700 million agreement to supply parts for the international F-35 Joint Strike Fighter program.

Western Australia's new home market is seemingly emerging from its three-year trough, with sales increasing for a third consecutive month in December, industry figures show.

The state government has announced Alcock-Brown Neaves Group will build 80 new homes in the Karratha suburb of Tambrey, as part of its Pilbara Cities initiative.

Rents are set to rise in Perth as competition between tenants hots up, and the tightening could help trigger a recovery in the broader residential market, REIWA president Alan Bourke says.

Wah Nam International says it will proceed with its takeover bid for Brockman Resources, after the Takeovers Panel rejected an application that Wah Nam had acquired Brockman shares in breach of the Corporations Act.

Out-of-pocket investors will recover an additional $67.5 million from Westpoint Group, after the Australian Securities and Investments Commission agreed to settle litigation against Westpoint's directors and accounting firm KPMG.

Kresta Holdings chairman Ian Trahar has launched a $47 million cash takeover bid to take full control over the warring window coverings manufacturer.

Diploma Group has been awarded a $9 million contract to built a headquarters and early intervention centre for Autism WA.

Perth-based residential developer Cedar Woods has announced a profit guidance of $27 million for financial year 2011, an increase of 12.5 per cent on the previous year.

Aspen Group major shareholder Entrust Funds Management has confirmed it has requested a meeting of shareholders to discuss replacing most of the current board, including managing director Gavin Hawkins.

Jupiter Mines has raised $150 million to develop its Western Australian iron ore projects, Mt Ida and Mt Mason, and its Tshipi Borwa manganese operation in South Africa.

West Perth-based copper explorer Altona Mining is seeking to raise $70 million to fund development of its Outokumpu project in Finland and exploration activities at its Roseby project in Queensland.

Oakajee Port and Rail, which is in the midst of sensitive government negotiations over its planned Mid West development, has bolstered its ranks with the recruitment of senior Commonwealth Bank executive Wayne Zekulich as chief financial officer.

Apex Minerals has offloaded its Gidgee gold exploration project near Wiluna to Panoramic Resources for $15.5 million.

BC Iron has become the first Pilbara junior iron ore miner to transport product on a third party's infrastructure, with the first ore from its Nullagine joint venture shipped to Fortescue Metals Group's Herb Elliot Port.

Canberra’s response to the Queensland flood crisis is a huge political test, and will have a major influence on the national economy.

An insider-trading scandal in the US could have echoes here.

Profits tax debate has an echo of past policy.

The manoeuvring is well under way as both state political parties evaluate their future leadership teams.

THE rise of Facebook and the fall of MySpace may be regularly reported on in the traditional news media, but several local sites are quietly making their own news by carving out a niche in the social networking race.

The sudden departure of the Oswals leaves many questions unanswered.

THE problems besetting the Oswal family’s key Australian interest, Burrup Holdings, have changed the dynamics of a three-way race to meet the next generation of explosives demand as a result of the massive expansion of the Pilbara’s iron ore production

PROJECTS in the Perth CBD and Midland worth a collective $155 million have brought the total value of developments on the books of listed property group Diploma Construction to $560 million.

LONG-TIME Perth home builder Robert Shaw doesn’t want to see another crisis in home affordability as the state heads towards another widely tipped property upturn in the next few years.

Fleur Allen met some sceptical responses when she floated the idea of starting an online art gallery in 2007.

TOUGH workmen and purple boots may not seem the most comfortable fit, but for Steel Blue and Breast Cancer Care WA what started as a gimmick to raise a modest sum has turned into a successful awareness and cancer support campaign.

A beachfront location and casual vibe are the standout out features of the newest Clancy’s venture at City Beach. Natalie Gerritsen reports.

WA needs a plentiful supply of affordable coal-derived liquid fuels to secure its future energy requirements.

The federal government’s populist approach to executive remuneration will further complicate the issue for all concerned.

Investors' appetite for gold-related plays is on the up, with Crescent Gold the latest in a string of Western Australia-based gold explorers and miners to report an overabundance of interest in its latest capital raising.

Venturex Resources says it will raise $36.8 million to acquire the Panorama copper and zinc mine in the Pilbara from CBH Resources.