Latest Headlines

Terrain Minerals has secured $5 million in equity funding from Fortrend Securities under an innovative Standby Subscription Facility.

Attorney General Christian Porter today announced the appointment of Stephen Hall SC to the Supreme Court of Western Australia.

Mega Uranium has finalised a deal to sell a 35 per cent stake in its Lake Maitland uranium project in Western Australia to three Japanese electricity utilities and Japanese trading house ITOCHU Corporation for US$49 million.

Subiaco-based Chrome Corporation will move into the gold sector after it struck a deal to acquire Papua New Guinea explorer Pacific Nuigini Minerals.

Former Water Corporation chief executive Jim Gill will take over the chancellor position at Curtin University early next year from Coogee Chemicals executive chairman Gordon Martin.

Shares in Atlas Iron-backed Warwick Resources have closed 17 per cent higher on a $10 million deal with Hannans Reward to acquire the iron ore rights from the latter's east Pilbara Jigalong project.

BC Iron plans to raise $22 million from a sale of new shares, as it welcomes a new cornerstone investor, Regent Pacific Group, to its share register.

Extract Resources has bowed to requests from several major shareholders to add representatives to the board.

East Perth-based explorer Metals X has announced a restructuring of its board, with founding chairman Peter Newton to retire and managing director Peter Cook to step up to the chairman role.

The state government plans major refoms that will give greater protection and power to retail tenants in their leasing negotiations with landlords.

Nick Perrignon will part ways with Stockland to join prominent Western Australian developer, Satterley Property Group, in September.

South Perth-based explorer Central Petroleum has raised $31 million through a rights issue and placement which will fund a hydrocarbon exploration program in prospective basins in the middle of Australia.

Construction company Forge Group has upgraded its full-year earnings guidance by 54 per cent following revised forecasts to its projects and the inclusion of a tax credit.

The Corruption and Crime Commission has tabled a report in Parliament today dealing with bribery issues at government agency Landgate.

The state government is calling on potential water service providers to tender for the $391 million expansion of the Ord River irrigation scheme.

Industrial software developer ISS Group has warned of continued subdued demand for its products for the rest of the calendar year as it forecasts an underlying loss of $2.1 million for this fiscal year.

Aviva Corporation and AES Corporation have submitted their wholesale power proposal in the tender phase of Synergy's 2009 energy supply procurement contract for the Mid West region.

Plans for a major resdential development at Belmont Park racecourse have moved a step closer after Planning Minister John Day today tabled amendments to the metropolitan region scheme.

Composites technology developer Quickstep Holdings has been awarded a $2.6 million grant under the federal government's $75 million climate ready program for the development and commercialisation of light-weight, low-emission vehicles.

Support for the state government's policies has risen in the past quarter, making WA the most supported government in Australia, according to the Sensis Business Index released today.

CBA admits Storm Financial 'shortcomings'; Bank chiefs warn on funding gap; Corporate lawyers join forces; Another blow for investors in agri-schemes; Iron ore joint venture under fire for monopolisation

CONTRACT miner Byrnecut Group has joined a host of industry and finance groups calling for the federal government to rethink budget reforms that will increase tax paid by Australians working overseas.

THE decision by Planning Minister John Day to approve a major residential development south of Moore River has sparked outcry among opponents and applause from property developers.

THE bidding started at $17 million at 2pm on Tuesday in Darwin, with three interested parties.

WESTERN Australian architects and builders are set to cash in on the federal government's latest building industry stimulus package.

A PERTH company has developed materials conveying technology it says could mark the end of large haul and dump trucks in mining, and revolutionise the bulk materials handling industry at ports.

EVER since Rio Tinto and BHP Billiton announced plans to merge their Western Australian iron ore mining operations, Premier Colin Barnett has been issuing statements which make him sound more like Hugo Chavez, the radical socialist president of Venezuela

THE Perth-based chairman and managing director of UK-listed CustomVis plc have been challenged by a group of shareholders who want to gain control of the technology company.

A CAP on export volumes through Geraldton port is of little concern for Mid West iron ore hopefuls Gindalbie Metals and Asia Iron, which say the limit only comes into place once the nearby Oakajee port is ready.

Imminent changes to the nation’s IR landscape are causing some angst in the business community.

CLIVE Jones has boosted his shareholding in Bannerman Resources, exercising more than 4 million options at less than a fifth of the current share price.

The uranium industry is a notoriously tough nut to crack, but one local player is making its mark.