Latest Headlines

Several West Perth-based junior companies have today revealed plans to raise a collective $32.75 million to progress projects in Australia, South Africa and the United States.

The board of Western Areas has given the go ahead for a $62 million expansion of its Forrestania operation which is set to double nickel production next year.

Business rebuffs coalition on climate; China mulls $1bn boost for Fortescue; Rising steel erodes China iron hope; JB Hi-Fi posts massive profit jump; Racing heir named in share trading investigation

Perth-based property fund manager Aspen Group will seek capital from external investors after failing to attract sufficient support from unit holders of one of its ailing property funds.

Sydney-based Longreach Oil, which has interests in the Carnarvon Basin, and Southern Cross Exploration plan to raise $250 million for the float of a newly formed oil and gas company.

Swick Mining Services has added further momentum to its North American expansion plans, today announcing it had signed its first United States contract.

The Australian Tax Office needs to provide a clear explanation of how it handles tax disputes and use plain language when providing advice to taxpayers, a report by the Inspector-General of Taxation has recommended.

State Mines and Petroleum Minister Norman Moore says he expects no further delays from the federal government in granting its final environmental approval for the $50 billion Gorgon LNG project, paving the way for a final investment decision within weeks.

Retailer Clive Peeters, which owns the Rick Hart stores, has started legal proceedings against a staff member over the theft of nearly $20 million that was used to buy and sell real estate.

Shares in Anvil Mining have jumped as much as 20 per cent today after the miner secured a $238 million equity and debt arrangement for the expansion of its Kinsevere copper operation.

Pilbara ports look to more record trade; Coalition's emissions trading plan a 'mongrel'; New arena doubt on cost, timing; Split banks, Senate told; Acid test for China bid

Anvil Mining has reached an agreement with international commodities trader Trafigura Beheer over a $US200 million ($A238 million) equity and debt financing arrangement for the expansion of the Kinsevere copper project in the Democratic Republic of Congo.

State Environment Minister Donna Faragher has given final environmental approval for Chevron's $50 billion Gorgon gas development on Barrow Island, with federal approval the remaining regulatory hurdle.

Perth-based investment company Ozgrowth has recorded a $3.8 million loss for the 2009 financial year following a challenging 12 months.

China Railway Resources Group Co has today revealed plans to launch a proportional takeover for RMA Energy, offering cash for 80 per cent of shares it does not own in the Perth-based company.

Premier Colin Barnett says political uncertainty in the Northern Territory will not be enough to shift the Ichthys gas project from Darwin back to WA, and if it does move, cost and technical difficulties will be the reasons.

Charities in Western Australia have seen a more than 5 per cent rise in demand for their services as a result of the global economic downturn, a new survey reveals.

The state's property market has received another promising boost with new figures showing the number of land sales jumping more than 18 per cent in the 2008/09 financial year.

Premier Colin Barnett says he expects Alannah MacTiernan to "do the right thing" and stand down from state politics by the end of the year after the Labor MP announced she will enter federal politics.

Talk of the central bank lifting interest rates within the next year is expected to increase Western Australia's demand for fixed rate loans, which dipped slightly in July, a new Mortgage Choice survey shows.

The global financial crisis has cut into executive pay with a new survey revealing that incentives awarded to chief executives in Australia fell for the first time in more than 10 years.

Indago Resources is set to get a new board after its current directors conceded a request from Subiaco-based GoldLink IncomePlus to appoint Miles Kennedy, Karl Simich and Matthew Fitzgerald.

Brockman Resources plans to start production at its Pilbara iron ore project by the end of 2012 after a study estimated capital costs at up to $1.35 billion.

Deal on BankWest debt; Uranium play gets nod on stake sale; Super cash for credit unions; Home truths from IMF; Retail battle as belts tighten

Shell's ambitions for establishing its first ever floating LNG facility in Australia have been boosted by a significant new gas discovery near its Prelude field in the Browse Basin.

A slanging match between two rival unions has erupted in Western Australia, with veteran heavyweight Kevin Reynolds doggedly trying to hang on to his union's mining members.

Trading of shares in VDM Group were temporarily suspended after its share price surged 85 per cent in less than 15 minutes on no news.

Shares in RMA Energy have been placed in a trading halt after it was approached by an entity, speculated to be a Chinese business, that could result in an offer for some or all of its shares.

BHP Billiton Nickel West has elected to extend its offtake contract with nickel miner Panoramic Resources for a further nine years.

Sentiment in the state's property market is improving as the median house price in Perth increases by $20,000, according to final figures from the Real Estate Institute of WA out today.

The state government has taken a step towards extended trading hours with Commerce Minister Troy Buswell today establishing a support group to advise small operators on commercial tenancy issues.

One month after its failed bid for Terrain Minerals, Iron Mountain Mining plans to launch a takeover for Aluminex Resources, which delisted from the local stock exchange months after its float.