WHEN Tasmanian forestry products heavyweight Gunns missed out on securing the assets of defunct agribusiness company Timbercorp, those vying for assets of another failed timber company knew they were in trouble.
THE number of capital raisings undertaken in calendar 2009 was unexpected in light of the global turmoil of the previous year, however questions loom over the sustainability for 2010.
AFTER a very quiet start to the year, the state’s primary capital market gathered pace towards the end of 2009 amid signs of growing investor confidence, especially for new resource projects.
WESTERN Australia’s residential property sector will experience a period of modest growth in 2010, but despite a shortfall between construction starts and underlying demand, industry groups are not expecting a return to boom conditions.
INTERNATIONAL architecture studio Woods Bagot has credited a year of global success to the international opportunities taken by its Western Australian architects.
PLANNING Minister John Day has released new inner-city development guidelines that will shape the city’s major projects, including the Northbridge Link and the Riverside developments.
A difference of opinion over the direction of Norton Gold Fields has resulted in managing director Jon Parker leaving the company, while chief financial officer Simon Brodie has also resigned.
PTTEP Australasia says the operation to plug and secure the Montara well head platform has been completed, some four months after oil started leaking into the Timor Sea.
Buyers will this year be able to start reserving blocks at the Perry Lakes Stadium site, where preliminary works to transform the area into a housing estate is about to begin.
Sinosteel Midwest Corporation has cleared the final hurdle for its Mid West iron ore project after today receiving environmental approval from the federal government.
Thousands of Great Southern investors are facing substantial losses after forestry heavyweight Gunns opted against resurrecting the 2007 timber scheme.
The market capitalisation of Western Australian listed companies surged 123 per cent, or $93 billion, in calendar 2009, according to the Deloitte WA Index.
Creditors of collapsed Oz Brewing have been forced to wait even longer to receive any kind of payment after further delays to the fulfilment of the deed of company arrangement (DOCA).
Inglewood-based web design firm Bam Creative has become an employee-owned company with the majority of the firm's staff taking up the opportunity to become a business owner with much less risk usually associated with starting up a company from scratch.
Platinum Australia (PLA) has signed a deal with a Japanese state-owned outfit to progress the exploration program at the company's South African Stellex North Project.
Cape Lambert Resources' said it is "ideally positioned" to maximise profits from a possible sale of the Marampa iron ore project, located in Sierra Leone, West Africa, after African Minerals signed a deal for its neighbouring iron ore project.
Shares in gold explorer Cortona Resources have jumped almost 10 per cent in morning trade following the company's completion of a $10.3 million capital raising which was concluded with the settlement of a $3.6 million shortfall.
Melbourne-based satellite communications company NewSat has secured contracts worth about $2 million in recent times including a $1 million contract to provide voice and data communications on the Gorgon gas project on Barrow Island.
Shares in North Coogee-based composite materials manufacturer Quickstep Holdings were unchanged today despite announcing the appointment of a former Boeing and aerospace executive as the company's chief financial officer.
The state government has released the East Perth Redevelopment Authority's new guidelines designed to meet the needs of inner-city development for six project areas including The Link, the Perth Cultural Centre and Riverside.
Shares in engineering and construction services company VDM Group climbed more than eight per cent after announcing it had been awarded a $14.1 million contract for BHP Billiton Nickel West Talc Redesign Project at Mt Keith.
Premier Colin Barnett has welcomed former Woodside Energy corporate affairs general manager and Freehills lawyer, Brian Pontifex as his new Chief of Staff.
The Ningaloo Coast's nomination for World Heritage listing by the federal and state government's was recognition of the area's outstanding natural beauty, biological richness and international geological significance.
The state government has confirmed it is in negotiations with the administrators of Griffin Coal to provide a pre-payment of up to $4 million against the delivery of coal under Verve Energy's current coal supply contract.
WestNet Rail Holdings will challenge a $71 million stamp duty assessment from Western Australia's Office of State Revenue, in a move that will add to industry concern over the state's controversial 'land rich' tax policy.
Kagara has announced the first ore production from its Lounge Lizard high grade nickel sulphide deposit thanks to a joint venture struck just eight months ago with project neighbour Western Areas.
