Monadelphous Group says it will accelerate efforts to expand further into the oil and gas and infrastructure markets amid the slowing minerals sector, as it posts a record interim net profit.
After nearly three months in a trading hiatus, shares in OZ Minerals have jumped as much as 33 per cent in early trade today, boosted by yesterday's $2.6 billion takeover by China's Minmetals.
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The West Australian Symphony Orchestra has announced that this year's tour of Japan, which was backed by the North West Shelf gas joint venture, will not proceed due to the downturn in the Australian and Japanese economies.
A Chinese white knight for Oz Minerals may give stressed shareholders some relief but it will only add to the mounting pressure on federal Treasurer Wayne Swan who has the final word on foreign investment.
Crane supplier Boom Logistics has put WA's economic performance in perspective, announcing that it will slash the number of cranes it has in Victoria while increasing the number in WA by one.
Russian mining giant Norilsk Nickel is planning to close all of its mining and exploration operations in Western Australia, resulting in the loss of about 330 jobs.
Wesfarmers has confirmed a sharp downturn in earnings in two of its Perth-based business units, with the energy and chemicals & fertilizer divisions both adversely affected by last year's Varanus Island gas explosion.
Work/life balance and pay are usually rated as key workplace issues but a new Australian-based study of 2,400 people has found other issues that really get employees riled.
The state government's plan to force amalgamations of small local councils could be blocked in parliament after Labor leader Eric Ripper said today his party would oppose the plan, a move that would be supported by the WA Local Government Association.
Cost-cutting measures have reached new heights with Osborne Park-based Northern Mining going to extremes to reduce the company's overheads and its ongoing operating costs in light of the current economic environment.
Nickel miner Western Areas is seeking to finalise a new offtake arrangement after announcing a major restructure of its old offtake agreement with Norilsk Nickel, which is closing its Australian mining operations.
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global economic crisis but as expected its earnings per share have slumped.
Perth-based car retailer and logistics company Automotive Holdings Group has posted a $1.8 million loss for the half-year to December 2008, as a result of a modest decline in operating profit combined with impairments and write-downs.
Some 68 employees at CopperCo's Lady Annie mine have been stood down today as record rainfall and significant flooding in Queensland bring operations to a halt.
Attorney General Christian Porter has today appointed Judge John Chaney to the Supreme Court of Western Australia and as president of the State Administrative Tribunal.
Fisheries Minister Norman Moore has imposed further conditions on the rock lobster industry after his initial raft of measures failed to achieve the necessary results.
Western Australia's crucial trade and investment relations with Japan will be the focus of Premier Colin Barnett's four-day visit to Japan, which begins on Monday.
Thundelarra Exploration plans to raise up to $2.7 million through a renounceable rights issue with funds raised to progress the evaluation of its suite of projects across Australia.
The corporate watchdog has banned Perth stockbroker Colin Hebbard from providing financial services for five years after he passed on inside information regarding a possible takeover while working for Citi Smith Barney .
The current global uncertainty is expected to lift demand for contract staff in Western Australia this year as businesses look for flexible staffing solutions to ease shortfalls, a survey has revealed.
Uranium miner Paladin Energy has significantly extended its interim net loss on the back of a $US527 million ($A804 million) impairment charge to its Mt Isa assets and investment write downs.
Integra Mining will raise almost $14 million through a share placement, with proceeds to be applied to feasibility studies and exploration at its Randalls and Aldiss-Randalls projects.
The state government will spend over $100 million on new water infrastructure in Margaret River and surrounding communities while the Water Corporation will join forces with the locals to carry out an $800,000 water efficiency program.
A German-based company will invest a further $49 million in waste recycling company CMA Corporation through a private placement, with shares priced at a generous premium.
Uranium miner Paladin Energy will move to compulsorily acquire the remaining shares it does not own in Fusion Resources, after its takeover offer for the minnow closed yesterday.
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Rio Tinto has reported a 50 per cent drop in net earnings for the 2008 calendar year which includes an asset impairment charge of $8.4 billion, mostly attributed to a write down of its aluminium business.
