VDM Group has sold the surplus assets of its subsidiary Civmec, including the name, for more than $2 million as part of the group's restructure and consolidation strategy.
Fortescue Metals Group says it is closely watching relations between China and Australia following the detention of four Rio Tinto staff as it forecasts a lift in demand in the short-term from Asian steel mills.
LNG boom big boost to economy; Karoon Gas 'bullish' on Browse Basin project; Investors sweat on Fortescue update to $400m costs drive; Stokes' power play tipped to escalate; China shuts the door on diplomats
The corporate watchdog has permanently banned former Hogan and Partners Stockbrokers employee Jonathan Kur after he lost more than $9 million of clients' money.
One month after striking a deal with Poseidon Nickel, West Perth-based Triton Gold has opened its initial public offer that is aiming to raise up to $6.5 million.
Ratings agency Standard & Poor's has upgraded its long- and short-term corporate credit rating for Rio Tinto following the completion of the $US15.2 billion ($A19.5 billion) rights issue.
Minemakers says it will move to compulsorily acquire the remaining shares it does not own in Bonaparte Diamond Mines after reaching a 94.32 per cent shareholding through its all-scrip takeover offer.
Christmas Island-Phosphate Resources would commit an estimated $50 million and set aside significantly more space as so-called green spots in order to gain approval to expand its operations.
Stockbroking firm Tricom Equities has been slapped with a record $1.35 million fine for "blatant and unmistakable" market manipulation spanning three years.
The median house price in Perth has risen by 3.5 per cent, or $15,000, in the June quarter as more owners traded up to more expensive homes while the rental market's vacancy rate is now higher than normal, new data shows.
Property developer Finbar Group says it anticipates its 2009 financial year profit to reach a record $19 million, a 55 per cent jump on the previous year.
Most Western Australians believe the local economy will strengthen in the coming year, according to an inaugural survey by the Chamber of Commerce and Industry WA and Curtin University.
The company in charge of the billion-dollar Oakajee deepwater port and rail network has appointed WorleyParsons to conduct the budget and engineering components of the $100 million bankable feasibility study.
Gold miner St Barbara has confirmed it will stop open pit mining work at its Southern Cross mine in Western Australia by the end of the month as it looks at options to fund the redemption of $77 million of convertible notes.
China claims proof on Rio 'spy'; ANZ roasted on almonds; Firepower boss faces criminal charges; Stokes No 2 after fresh Packer raid; Thiess wins second big Gorgon deal
Xstrata's multi-billion dollar takeover bid for Anglo American could be over after leading institutional shareholders have reportedly turned down the nil-premium merger.
West Perth-based oil and gas explorer GB Energy has launched legal action against wave energy developer Protean Power and two of its directors over an earn in agreement.
West Perth-based Range Resources will go ahead with plans to raise $2.5 million which will be used to fund a new deal with a UK company over two oil and gas blocks in Georgia.
The state's unemployment rate has climbed to a seasonally adjusted 5.1 per cent in June from an upwardly revised 5 per cent recorded the previous month, the Australian Bureau of Statistics said today.
Chinese concede ore price cut; IMF raises its world forecast; Stokes linked to Packer raid; New pain for ANZ to top $300m; Canadian slap on wrist for Qantas
WESTERN Australia's construction sector has been boosted with the awarding of $342 million in contracts to builders across the state as part of the federal government's infrastructure funding program.
UP to 100,000 state government employees will continue to have access to a major superannuation tax break, as the rest of the population adheres to strict new laws.
TWO Perth financial planning firms are part of a group of 12 adviser groups nationwide that are now trading under the banner Shadforth Financial Group, and will seek a unified listing when market conditions improve.
THE Residential Development Council of Australia has forecast the need for 17,000 homes per year for the next five years, warning of further house price rises if that demand was not met.
PERTH accountancy firms are bulking up their businesses, in spite of the market woes, as a handful of new partners enjoy their first week sharing in the risks and rewards of their chosen company.
COPPER and zinc miner Kagara will add nickel to its base metals production portfolio with its Lounge Lizard project set to produce first nickel within the next couple of months.
