Western Australia has just missed its projected Christmas retail sales target for 2008 as the national figure climbed 2 per cent compared to the previous year.
Despite a low cash balance, Perth-based 3D Resources says it has sufficient funds to meet its obligations as its managing director steps down and the company suspends all exploration activity.
Rio Tinto has postponed its $547 million automated train operation in Western Australia and suspended a $236 million underground mine development in New South Wales amid the gobal economic downturn.
Sundance Resources is part of a consortium selected to construct and operate an iron ore export terminal in Cameroon which is expected to become a major shipping hub that will service the company's Mbalam iron ore project.
Diversified miner OZ Minerals will halt production at its Scuddles mine in Western Australia with 70 employee and contractor positions to be cut in an effort to conserve cash.
Prices within oceanfront suburbs are much higher in Western Australia than all other states, with the most affordable suburb Withers in Bunbury having a price tag at about $270,000.
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International Goldfields has finalised its terms of a proposed $60 million merger with Nkwe Platinum, in a move that will consolidate both stocks' platinum tenements in South Africa.
Nedlands-based Dragon Energy will be hoping to mirror the success of a fellow Western Australian phosphate explorer as it opens its $1.5 million initial public offer.
Oil and gas explorer Buru Energy says it will defer this year's exploration work at its Canning Basin tenements and reduce employee numbers in response to the current economic climate.
Perth-based Coal of Africa has appointed Morgan Stanley & Co and Evolution Securities as joint brokers as it prepares to list on the London Stock Exchange.
Further studies into processing methods at Perseus Mining's Ayanfuri gold project in Ghana has reduced capital costs by 23 per cent to $192 million with project payback to take about one year.
The proposed 40 megawatt biomass plant in Manjimup has been served with additional conditions by the state government following a number of public appeals.
Neptune Marine Services has completed its $11 million acquisition of Aberdeen-based Subsea Engineering Services, a specialist provider of subsea consultancy and project services to the oil and gas industry.
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Suitor TransAtlantic has revealed a small fraction of Incremental Petroleum shareholders have accepted its takeover offer while its chairman has spent close to $16 million buying shares.
Spending in the latest inquiry into the Varanus Island gas explosion has been capped at $1 million as former Woodside executive Dave Agostini and federal government appointee Kim Bills join the expert panel.
Western Australia has hit its second operating deficit in four months with the state's monthly report revealing a deficit of $17 million in October, down from a surplus of $458 million from a year ago.
Western Power has been ordered to get its act together by October this year by the independent regulator or face fines of up to $100,000 after it was found to have breached its transmission and distribution licences.
Perth has come out top of the pops in radio advertising revenue, experiencing the largest percentage increase to reach some $85 million in 2008 as the medium proves to be the most resilient of the traditional media in tough economic times.
C@ has ceased the employment of all executive personnel and terminated the lease on its East Perth warehouse as it drops its $70 million acquisition of a carbon capture project.
Minemakers expects to substantially lower operating costs and increase planned production for its Wonarah phosphate project in the Northern Territory after it entered into a study deal over a rail link to the tenement.
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Some 21 per cent of Mount Gibson Iron shareholders have participated in a $96.5 million rights issue, with the remaining shares to be taken up by APAC Resources and Shougang Concord.
Takeover target Perilya says it has lodged its "concerns" to market and corporate watchdogs over suitor CBH Resources' response to a $45 million placement to a Chinese company.
Perth-based oil and gas explorer Otto Energy plans to start drilling the Santa Rosa tenements in Argentina in June this year after the approval of a near $6 million exploration budget.
Comedian Mary G, Professor Fiona Stanley and local government chief executive Ricky Burges are just a few of the names appointed to a new, nine-member Indigenous Implementation Board to be chaired by Lieutenant General John Sanderson.
Fortescue Metals Group has reached its targeted 15 million tonne shipment for 2008 while it was 1 per cent shy of its mining goal at its Cloudbreak mine in the Pilbara.
Equinox Minerals has hit a hurdle with its offtake partners over its Lumwana copper mine in Zambia as it puts its uranium project on the backburner and prepares for a court hearing over power supply.
