Portman Ltd is calling for the removal of two Golden West Resources' executives following the completion of its planned 19.9 per cent share acquisition.
The resource boom has somewhat helped to cushion Western Australia from a downturn in initial public offer activity, with the state producing five of the 10 best performing floats.
ArcelorMittal's major shareholder, Lakshmi Mittal, is reportedly considering entering the takeover battle for Rio Tinto Ltd to secure larger supplies of iron ore.
The state government has given $6 million from its $36.5 million Low Emission Energy Development fund to two companies to develop technology to help reduce Western Australia's greenhouse gas emissions.
Western Australia will need to build an additional 7000 new homes above current production levels each year to meet growing population demands, according to research by the Housing Industry Association.
Perth-based Jupiter Energy has today unveiled plans to expand its footprint in Kazakhstan with plans to purchase half of the North West Zhetybai oil field for $27 million.
Perth-based Hazelwood Resources Ltd has reached in principle agreement with a number of investors to raise up to $3 million to progress studies at its wholly-owned Big Hill tungsten project.
The Environmental Protection Authority has today recommended approval of Grange Resources Ltd's Southdown magnetite iron project in the state's South West region.
Iron ore miner Territory Resources Ltd has today ruled out throwing any funding lifelines to embattled Monarch Gold Mining Company, and has also appointed a receiver in relation to outstanding loans.
Business wins $5bn in tax cuts; Kiernan in last-ditch push to save empire; 20-year vision for rail network; Tate left holding 1pc of rejigged wine group; PBL Media value slashed to zero
Despite the turmoil hitting Futuris Corporation Ltd, its part-owned Elders Rural Bank expects its net profit after tax for fiscal 2008 to increase by at least 10 per cent.
The Australian Securities Exchange has released for the first time a comprehensive review of disclosure of director's interest notices, which found 13 per cent of notices were in breach of rules.
Multi-disciplined Australian company OBM International Trade Services has taken a step into the Western Australian market by acquiring WA-based Trade Consultants Australia.
With two identical takeover bids on the table for Perth-based Herald Resources Ltd, the company has today recommended its shareholders to accept either offer.
West Perth-based explorer Silver Swan Group Ltd today announced it has received firm commitments to raise $1.2 million via a share placement to fund exploration at its suite of projects in the Meekatharra area.
Site works to reconnect Perth with Northbridge will start at the end of this year as the state government today revealed its master plan following three years of research and design.
United Group Ltd has won several new rail contracts worth $100 million which include the building of iron ore wagons for BHP Billiton's operations in the Pilbara region.
Perth-based iron ore miner Portman Ltd has increased its iron ore prices, following Rio Tinto Ltd's new deal with Baosteel, as it falls short of its $241 million off-market share buy-back.
Mt Pleasant-based oil and gas explorer Comet Ridge Ltd has divested its United States projects worth $7.3 million, in a deal with New York-based equity capital firm Pine Brook Road Partners.
Ausdrill Ltd's managing director Ron Sayers has continued to top up his interest in the company which is fending off a takeover bid by Macmahon Holdings Ltd.
The impact of the gas crisis will cost Newcrest Mining Ltd an extra $40 million up to when the Varanus Island gas facility resumes partial production in August.
Futuris sacks Wozniczka; Bank rally as bosses reassure investors; Business seeks Asian migrants; Harbinger punts $53m on Poseidon comeback; Murchison confident of merger tick
The State Government multi-million dollar acquisition fund campaign was launched last night with Alan Carpenter announcing that four corporations pledged a total of $4 million to the Art Gallery of WA, to help build a world-renowned art collection.
The Australian Securities and Investments Commission has suffered a setback in a $245 million legal action against directors of the failed Westpoint group, with the Federal Court ruling ASIC could not continue action instituted by Westpoint's liquidator.
Transfield Services has upgraded the Kemerton Power Station's output by more than 40 megawatts in high summer temperatures, ahead of schedule and in time to support Western Australia's increasing energy needs.
