Straits Resources has entered a $5 million all-scrip option deal to offload its Whim Creek processing plant in the Pilbara to Sydney-based Finders Resources.
Western Australia has bucked the national trend in new home sales with deals down 4 per cent in April while the national figure rose to a 14-month high, new data from a home building industry group shows.
University of Western Australia vice chancellor Professor Alan Robson and Azure Capital founding managing director Mark Barnaba were among the winners announced at the WA Citizen of the Year Awards over the weekend.
BP has entered a deal to sell gas from an offshore Western Australian gas field to Shell and then buy it back as liquefied natural gas after it has been processed through the Gorgon LNG project.
The trading halt in shares of BC Iron has been turned into a suspension, as the mining junior continues to negotiate the details of access to Fortescue Metals Group's rail and port facilities in the Pilbara.
Port Bouvard is the latest property developer to branch out into funds management after receiving a financial services license by the Australian Securities and Investment Commission.
Takeover target Bonaparte Diamond Mines has recommended shareholders reject a bid by Union Resources, deemed fair and reasonable by independent experts, in favour of the Minemakers offer.
A merger between generator Verve Energy and retailer Synergy is still on the cards with Premier Colin Barnett expected to make an announcement in the next couple of months.
The state government has settled outstanding costs over the Perth to Mandurah rail line at a substantially lower amount than what contractors had sought.
Shares in Nedlands-based explorer Reward Minerals have slumped after the National Native Title Tribunal ruled the company cannot access its Lake Disappointment potash project.
The state government will prosecute oil and gas producer Apache Corporation for failing to maintain and repair a gas pipeline at its Varanus Island facility that exploded last year.
The state's housing market is expected to make a modest recovery over the next two years but will still fall short of underlying demand, a new report shows.
The state government has opened a second geothermal acreage release in the south-eastern region of WA following the success of the first round last year.
Minemakers has entered into a port access agreement with the Darwin Port Corporation for its $100 million Wonarah phosphate project in the Northern Territory.
Less than four months after raising over $14 million, Platinum Australia has raised a further $61.2 million to be applied to its Smokey Hills project in South Africa and acquisition opportunities.
Engineering company Monadelphous Group has secured a $170 million contract for major works on Woodside Petroleum's $12 billion Pluto liquefied natural gas project.
The federal government has defended stimulus payments to 16,000 dead people and 25,000 expats, worth a collective $40 million, saying it was "unavoidable".
Fortescue Metals Group will make an upfront payment of $32 million and restructure a shipping arrangement as part of a settlement to a dispute with a shipping company.
FIGHTING widespread public perceptions of not-for-profit businesses as philanthropic organisations, while competing commercially against the private sector, is a key challenge facing the sector in Western Australia.
CHIEF executives of not-for-profit businesses speaking at the recent WA Business News boardroom forum said that balancing their community and member goals with the need to be commercially efficient was one of their biggest tasks.
