Troy Resources is forging ahead with capital raising plans, today placing its shares in a trading halt despite protests from former chairman John Jones.
Perth real estate developer Port Bouvard has called for the trading of its shares to be halted ahead of a critical refinancing deadline on Sunday night.
Treasurer Troy Buswell says the state government will partner with the private sector to develop new subdivision opportunities to avoid a second big spike in Perth land prices.
Moly Mines says it has finalised its debt restructure arrangements for its remaining $US134 million interim financing facility after a $US700 million deal was struck last week with privately-owned Chinese company Hanlong Mining Investment.
Japan's Inpex Corporation says production will cease this month at its Griffin oil joint venture off the coast of Western Australia, 15 years after operations first started.
Collapsed biofuels company Natural Fuel is set to be sold to private WA business NRG Capital for $575,000 after creditors agreed to execute the deed of company arrangement.
Subiaco-based oil and gas explorer Promesa has opened its initial public offer in which it hopes to raise up to $3 million that will predominately be used to fund its interests in two projects in the United States.
Galaxy Resources has extended its relationship with unlisted public company General Mining Corporation, with the pair forming an alliance to explore for lithium in Kazakhstan and Mongolia.
Bibra Lake-based Mineral Resources will earn a large share of the profits after it struck a farm-in agreement with Reed Resources over the Mount Marion lithium project in the Goldfields region.
The economic downturn failed to dampen throughput rates at the ports in Dampier and Port Hedland, which both reported record tonnages for the 2009 financial year.
Uranium explorer Raisama has received regulatory approval for a Chinese state-owned firm to take a 14.9 per cent interest, ahead of a $12 million initial public offer expected to be launched within two weeks.
The median land price in Perth has risen 4.8 per cent in the June quarter as the land price in the South West was among the 10 most expensive areas in the country, a new report shows.
Perseus Mining has unveiled details of its third capital raising this year, with the gold hopeful planning to raise $58.5 million through institutional investors to take its Ayanfuri gold project through to construction.
The merger between Subiaco-based Sylvania Resources and Finnish company Ruukki Group has been terminated due to difficulties experienced with the merger implementation.
Shares in East Perth-based Legacy Iron Ore have surged 67 per cent higher after it entered into a potential joint venture deal with Lachlan Capital Partners over its Robertson Range and Hamersley iron ore projects in the Pilbara.
Woodside Petroleum remains confident of pushing ahead with its fast-tracked expansion of its Pluto liquefied natural gas project, despite missing out on third party gas supply agreements to rival LNG developer Chevron.
West Perth-based Sphere Investments has extended the sale process of a 51 per cent stake in the Geulb el Aouj iron ore project in Mauritania as $US500 million is shaved off the capital cost estimate.
Training Minister Peter Collier has today opened a simulated underground mine at Central Tafe, which will give students a taste of underground mining life without leaving the city.
Apache Corporation and Kuwait Foreign Petroleum Exploration Co have teamed up with Chevron over the $25 billion Wheatstone gas project, leaving Woodside Petroleum to look elsewhere for extra gas supply sources for its Pluto expansion.
The retail property space in Perth city is tightening up with vacancies in the CBD malls falling by more than 7 per cent while rents are pushed to an all-time high of close to $5,000 per square metres, a new report shows.
Red Fork Energy expects to make an additional $1 million each year in revenue after it struck a deal with a US company to market gas from its Pawnee prospect.
Shares in Sandfire Resources climbed higher today after exploration work pointed to a new discovery at its Doolgunna copper-gold project, 150 kilometres from Meekatharra.
Joint venture partners Nido Petroleum and Kairiki Energy have sold a combined 15 per cent interest in the Tindalo oil project in the Philippines to international commodities trader, Trafigura, for $12.7 million.
