Mine employment caves in; WA gas demand to double; Uranium's still hot despite Rio's slowdown plans; Pressure on US to bail out car giants; Obama demands new rescue plan
Gindalbie Metals Limited has accepted an offer from Anshan Iron & Steel Group Corporation worth more than $162 million to complete equity funding in its $1.8 billion Karara Iron Ore Project.
Less than two months after it floated on the Australian market, Perth-based Aluminex Resources will delist after a technical glitch with its initial public offer.
West Perth-based miner Kagara has been granted an extension to its $100 million facility by the National Australia Bank while Westpac has provided a $50 million facility.
The federal government has announced details of a new financial literacy program designed to help young people make decisions about insurance and superannuation in their future.
Perth company Beta Pharmaceutical hopes to list on the local market at a later date after the ongoing economic volatility forced it to withdraw its $5 million initial public offer.
Mining contractor Macmahon Holdings has downgraded its annual growth forecast for 2009 to between 10 per cent to 20 per cent growth as the economic crisis delays projects.
ASX-listed Po Valley Energy Limited has been granted six-year gas exploration licences for its La Prospera and Terra del Sole prospects near Bologna in northern Italy.
Burke charged with corruption; State projects get the axe as cash dries up; Receivers refuse to guarantee ABC child-care centres will stay open; ASIC won't intervene in Incremental bid; Rudd goes local with $1bn spend
iiNet managing director Michael Malone has warned a Senate Committee that the federal government's national broadband network is doomed to be a huge monumental failure and a waste of $5 billion of taxpayers money.
Shareholders in Jupiter Mines will decide whether to hand control of the company to the Brian Gilbertson-led Pallinghurst Resources, which intends to spend $50 million to advance Jupiter's projects.
Global miner Xstrata has boosted its interest in West Perth-based Pioneer Nickel and has agreed to provide over $1 million to the company to explore the Acra project in Western Australia.
Bentley-based waste recycling company AnaeCo has teamed up with a private firm to explore the feasibility of expanding its DiCOM waste processing facility to the eastern states.
International Goldfields says it will step up merger discussions with Nkwe Platinum after it received an independent report that valued its South African assets at up to $64 million.
Dragon Mining has become the latest victim of falling commodity prices, with the Perth-based company announcing it has suspended activities at its nickel mine in Finland.
Cooper Energy is today urging Incremental Petroleum shareholders to accept its takeover offer as the corporate watchdog says it will not apply on Cooper's behalf for an extension of the bid.
Western Australia's jobless rate for October has been described as "sensational" as the figures tumbled towards record lows while the national rate held steady.
Nedlands-based Tox Free Solutions has successfully completed a $13 million capital raising and revealed it will acquire a Victorian waste management company for $1.5 million.
Engineering firm Monadelphous Group has secured a $76 million contract from Ports Corporation of Queensland for expansion works at the Abbot Point coal terminal.
Global crisis blows $40bn hole in budget; Warning of 9pc jobless rate; Banks' patience running out; Guarantee in need of tweaking; Chinalco regains hold on Rio blocking stake
EUROPEAN companies Metso Minerals and Royston have added to the large number of international acquisitions of local mining and industrial services companies in Western Australia.
SMALL business owners in Perth are seeking to remain positive, despite the uncertainty lingering in the global financial markets and access to finance, according to business advisers.
