Latest Headlines

Former nickel miner Australian Mines will resolve its outstanding debts through the issue of nearly 3 billion shares to creditors at no cost.

Four Perth office buildings have been awarded nearly $2 million in government grants for 'green' upgrades though Western Australia gained only five per cent of the total grants.

Iluka Resources has received final regulatory approval for its $420 million Jacinth-Ambrosia mineral sands project in South Australia, which allows mining to begin.

Miner Panoramic Resources has moved a step closer to full ownership of the Lanfranchi nickel project after shareholders of a joint venture company approved the sale.

Neptune Marine Services has secured $20 million worth of contracts with a range of blue-chip companies including BHP Billiton and Woodside Petroleum.

Moly Mines has today appointed David Craig as its new chairman while director Kurt Talbot has ended his one-month stint on the board.

Singapore-listed AusGroup expects to nearly double its order book after it agreed to buy scaffolding business Modern Access Services (MAS) for $15 million.

The state government has recommended that Western Australia's minimum wage be increased by $19.50 a week to better reflect the increased cost of living.

Woodside Petroleum has executed a $US1.1 billion ($A1.4 billion) syndicated loan facility with 26 domestic and international banks.

Property developer Aspen Group has unveiled plans for a fully underwritten capital raising of more than $82 million, which will be used to "secure an enhanced senior debt facility".

A consortium of banks, owed $600 million, have called in receivers to timber plantation and cattle project manager Great Southern.

Shares in Mincor Resources have jumped as much as 30 per cent today after the nickel miner said it had made a potential discovery below its Mariners nickel mine near Kambalda.

Shares in Atlas Iron have risen after the miner announced a five-fold resource increase at its Wodgina iron ore project near Port Hedland.

TFS Corporation has formed a joint venture company with a United Arab Emirates investment firm, which will spruik investment in 200 hectares of new sandalwood plantations annually.

GRD Minproc has been awarded a contract by Brisbane-based PanAust to carry out the definitive feasibility study for the Ban Houayxai gold-silver deposit in Laos.

NRW Holdings expects its annual profit to be in line with the previous year, following delays to major contracts with BHP Billiton, Citic Pacific and Fortescue Metals Group.

The state government has reiterated its concerns about elements of the proposed national Occupational Health and Safety Regime, saying it will be inferior to Western Australia's existing regime.

Reassuring news about housing and banking on Monday convinced investors to return to the US stockmarket.

Automotive Holdings Group has raised more than $34 million from an institutional placement, and plans to launch a share purchase plan shortly.

Perth company Norseman Gold is seeking a dual listing on the Australian stock exchange, opening a $9 million initial public offer with funds to go to its namesake mine that it acquired from Croesus Mining.

Perth-based design director for Cox Howlett and Bailey Woodland, Steve Woodland, has today been appointed as the state's new government architect.

Shareholders in Jackson Minerals have overwhelmingly voted in favour of a merger with Scimitar Resources, with Tony Sage to head up as executive chairman of the combined entity.

The acquisition of various assets and businesses of OZ Minerals by China Minmetals Non-ferrous Metals Company has taken a step forward, with China's development and reform commission today giving the transaction the green light.

Avoca Resources has received the green light from the Foreign Investment Review Board for its takeover bid for gold miner Dioro Exploration.

Perth-based property developer Aspen Group has entered a trading halt pending the release of details regarding a capital raising.

Gindlabie Metals says the timing of its Karara iron ore project will not be affected following the state budget's omission of an upgrade for the Perth to Geraldton transmission line.

Mount Pleasant-based Comet Ridge plans to raise $21 million to fund exploration efforts at its coal seam gas projects in Queensland and New Zealand for the next 18 months.

Perth-based Tasman Resources has won a dispute against WCP Resources over a farm-in arrangement near the massive Olympic Dam uranium mine.

Daylight saving should not be considered for another 20 years in Western Australia, Premier Colin Barnett says.

Apex Minerals has unveiled plans for a $28 million capital raising after a slower than expected ramp up of gold production at its Wiluna mine.

Automotive Holdings Group has launched an institutional share placement in order to reduce its $353 million debt and pursue growth opportunities.

Babcock & Brown Power, owner of Alinta's retail assets, will realise $125 million from the release of an "onerous" contract but has revised down its operational earnings from $310 million to $270 million.