There was little for resource explorers in the federal budget last night, with a lobby group saying the government missed an "excellent opportunity" to introduce an exploration incentive scheme which was a key election promise.
Babcock & Brown Power, the owner of Alinta's retail assets, have placed its shares in a trading halt, pending the release of details likely to have an impact on the business.
While the federal government's decision to invest in significant WA infrastructure projects has been welcomed, a business lobby group says the state's importance to the nation's economy has been undersold.
Proceedings between Mineral Resources and its former chairman Michael Kiernan have started today over alleged misleading claims prior to the collapse of Monarch Gold Mining Company.
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The federal government has allocated $236 million for the sinking of the Northbridge rail line as part of the $8 billion Building Australia fund, while the Fiona Stanley hospital will receive $255 million.
Around two-thirds of small to medium enterprises in Western Australia are in favour of daylight saving with over 50 per cent of respondents to a new survey claiming the extra daylight increased business productivity.
Around 240 employees and contractors at BHP Billiton's Leinster nickel operations will be affected by the company's decision to halt activities at the Rocky's Reward open pit mine.
Gindalbie Metals will appeal against some of the conditions recommended by the environment watchdog over the $1.8 billion Karara iron ore joint venture with AnSteel.
If you want to see a balancing act, get involved in infrastructure in the Mid West. That is where billions of dollars of investment - the most important we are told for the next 50 years - relies on numerous stakeholders coming together.
Balcatta-based Tiger Resources plans to raise $9 million through a share placement to help pay for a majority interest in a copper project in the Democratic Republic of Congo.
Phosphate company Legend International Holdings will spend over $20 million to acquire all the shares it does not own in North Australian Diamonds (NAD) through an on-market takeover.
The market capitalisation of Western Australian listed companies has surged back above the $100 billion mark for April, led by resource companies Aditya Birla Minerals, Mirabela Nickel and Perilya.
Western Australian juniors Great Australian Resources and SA Metals, formerly Pan Palladium, have advised shareholders to take no action to Sylvannia Resources $31 million takeover offers.
A further $10 million will be added to the budgeted capital cost of Iluka Resources' $209 million Murray Basin Stage 2 project after unexpected plant delays push back the start up date.
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The Prendiville family-owned Sandalford Wines has bought the Killerby vineyard in Margaret River for an undisclosed sum and has not ruled out further land acquisitions.
The state government will invest more than $260 million in the Kwinana power station as Verve Energy continues talks with a potential joint venture partner over the restart of the Muja AB station near Collie.
West Perth-based Galaxy Resources has selected a site in China for its proposed lithium carbonate plant that will process ore from its $68 million Mt Cattlin project near Ravensthorpe.
Western Areas will have the right of first refusal over Kagara's Lounge Lizard nickel project after it struck a multi-million dollar deal to grant the latter company access.
Carnegie Corporation is set to acquire all of the intellectual property and global development rights for the CETO wave energy technology under a deal with its UK-based joint venture partner.
Osborne Park-based A1 Minerals says it is on track to becoming a gold producer later this year as it awards a $1.7 million plant refurbishment contract to CPC Engineering.
Oil and gas producer Santos has launched a $3 billion capital raising to fund its growth projects, including the PNG liquefied natural gas project, which is estimated to have a capital cost of $US12.5 billion ($A16.3 billion).
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Bunnings Warehouse Property Trust says it has received strong institutional backing for its capital raising, which will now raise a total of $150 million.
Federal Treasurer Wayne Swan has approved Anshan Iron and Steel Group Corporation's (Ansteel) $162 million acquisition of an additional stake in Gindalbie Metals.
Phosphate hopeful Minemakers has gained control of takeover target Bonaparte Diamond Mines, which is still assessing another offer made by Union Resources.
