Chinese steelmaker AnSteel is set to lift its stake in Gindalbie Metals to 36 per cent as the miner sets a date for a shareholders meeting for the approval of a $162 million placement.
Perth-based alternate energy explorer Eden Energy expects to start trading on the local market by March next year after it entered a deal to sell its stake in a Welsh coal bed methane project for over $5 million.
Phosphate Resources has warned it may incur some losses in some of the remaining months of this financial year, as it reports a profit before tax of over $62 million.
Magellan Metals, the miner at the centre of the Esperance lead contamination drama, has agreed to a $10 million commitment towards the clean up of the town and the establishment of a community fund.
The development and successful completion of Western Australian projects will be at risk under the federal government's proposed industrial relations changes, a state business lobby group says.
Pressure grows on banks over rates; Hogan stockbroker shuts the door; Pan pharma class action seeks $120m compo; Banks fees yield extra $2bn; Aussie hedge fund freezes payouts
Perth-based biotechnology company Stirling Products is teetering on the brink of administration as it cans a $960,000 capital raising and enters talks for the possible disposal of its assets.
Fortescue Metals Group expects to hold a steady production rate of 55 million tonnes per annum over the course of 2009, setting aside earlier plans to hit that rate by the end of the March next year.
Perth-based developer Axiom Properties says it is evaluating suitable sites for its business park concept for Coffey International after Pivot Group terminated its agreement with Leighton Properties.
The commercial viability of a liquefied natural gas hub in the Kimberley appears to rest on oil giants Woodside Petroleum and Inpex, as the state government selects James Price Point, 60 kilometres north of Broome, as its preferred site.
Fremantle Ports' general manager strategic and commercial development Chris Leatt-Hayter has been promoted to chief executive, taking over from Kerry Sanderson.
When then premier Alan Carpenter chose to make 2008 an election year in Western Australia, Labor stalwart Kim Beazley joined a handful of optimistic Liberals in foreshadowing a change of government.
The merger between collapsed miner CopperCo and Mineral Securities has not been fully completed, with some MinSec shareholders missing out on shares owed to them.
Perth-based Aspen Group says its revenue stream will be boosted by some $58 million over the next five years following the completion of the Karratha Accommodation Village for Woodside Petroleum.
The downturn in commodity markets has prompted Nomad Buildings Solutions to cut its earnings forecast for the 2009 financial year as its modular division comes under pressure.
ATO gives Wickenby target $1m; Multiplex poised to build Fiona Stanley; Regulator ready to curb ATO aggression; CCC fails to censor McCusker report; Arrow takes aim at Pure
New BankWest managing director Jon Sutton committed his new charge to acting independently of its parent Commonwealth Bank as the major moves to take control of its new WA asset.
The traditionally quiet time for businesses in the days before Christmas has been set aside as six Western Australian companies today unveiled merger and acquisitions plans valued at over $506 million.
Booragoon-based Total Staffing Solutions has entered an agreement to acquire recruiter Ultimate Skills in a $5 million scrip deal as it offloads its majority interest in Mining People International.
The market capitalisation of Western Australian listed companies shed $17 billion in November as uncertainty surrounding China's future growth and falling commodity prices continued to add pressure.
Rio Tinto Iron Ore has confirmed it has suspended operations at its HIsmelt joint venture in Kwinana for three months on the back of falling demand for pig iron.
South Perth-based Advanced Ocular Systems will transform into a scaffolding business after it agreed to merge with International Formwork & Scaffolding, valued at $22.5 million.
New motor vehicles sales in Western Australia have plummeted 21 per cent in November compared to the previous corresponding period, according to latest data from the Australian Bureau of Statistics.
Manganese miner OM Holdings says it will incur a loss of over $13 million after it closes another hedging position as Consolidated Minerals beefs up its interest in the miner.
Shake-up for ASX capital raising rules; ASX 100 face losses of $50bn; Metal meltdown to persist; Super funds seek tax relief; Razor gang to fund rescue
A new industrial area is set to be created at Ashburton North which is being considered by oil giants Chevron, Exxon Mobil and BHP Billiton Petroleum for development of gas reserves in the Carnarvon Basin and Exmouth Gulf.
