Latest Headlines

Strike Resources Ltd is banking on the high iron ore and coal prices to feed the development of its flagship Peru project as it signs a $19 million scrip deal to reacquire two projects from Perth-based Orion Equities Ltd.

Mortgage aggregator Australian Finance Group has teamed up with Perth-based wealth management adviser Plan B Group Ltd to offer a full range of mortgage products to customers.

Subiaco-based IMX Resources NL has signed two agreements with its Chinese partners regarding the offtake from its South Australian mine and the potential acquisition of a processing plant in China.

Shares in West Perth-based ARC Energy Ltd will be suspended from trading at the close of business today after the Federal Court approved its merger with Australian Worldwide Exploration Ltd.

Steel price squeeze hits economy; Sub-prime spotlight to fall on CBA result; RBA to prune growth outlook; Time has come for WA to process its resources: Barnett; Rio eyes coal IPO as it ramps up asset sell-off

The Albany Hospital has become the first battlefield in the state election with both the Labor and Liberal Parties trying to outdo each other with budgets and quicker schedules for a rebuild.

Perth-based Mission Biofuels Ltd has undergone a name change to Mission NewEnergy Ltd following shareholder approval.

Bibra Lake-based Mineral Resources Ltd had a double dose of good news today - it expects to more than double its profit in 2007-08 and has signed of a seven-year agreement with Hancock Prospecting Pty Ltd to develop and operate a Pilbara manganese mine.

A Queensland-based consortium is pushing ahead with bold plans for a A$14 billion, 3300 kilometre rail line from the Pilbara to Queensland with industrial smelter hubs at each end after gaining support from 19 steel producers.

State liberal member Rob Johnson has regained his police portfolio in opposition leader Colin Barnett's shadow frontbench reshuffle, as Troy Buswell takes on treasury and commerce.

Berkeley Resources Ltd has released its maiden resource estimate for its Gambuta uranium deposit in Spain, with investors liking the news and pushing the company share price up nearly 10 per cent.

The ANZ Banking Corporation Ltd and Westpac Banking Corporation said today they cannot guarantee passing on any interest rate cut made by the Reserve Bank of Australia.

Japanese company Inpex Ltd and joint venture partner Total E&P Australia have announced a new gas discovery in the Browse Basin.

Perth-based CityView Corporation Ltd has entered into deal with an Angolan firm to form a logistics company to support the country's mining industry.

Litigation funder IMF (Australia) Ltd will pocket a further $1.35 million after a New South Wales court ruled in favour of Concept Equity Pty Ltd against Challenger Group Holdings Ltd.

Subiaco-based Red Fork Energy has secured $33 million for the exploration of a new gas project in Oklahoma after signing a joint venture deal with a Dallas-based company.

Opposition leader Colin Barnett is expected to announce his shadow ministry at noon today as the count down to the state election begins.

ASIC targets conflicts and disclosure; Vineyards, jobs go in Constellation revamp; Carpenter in Olympic poll vault; Big towers off market as offers fall short; Minara kills dividend as nickel dives

Western Australia will head to the polls on September 6 after Premier Alan Carpenter called a snap election, drawing surprise from the state opposition and predictions it will be a close-fought race.

Market volatility is likely to impact Bunnings Warehouse Property Trust's earnings in the 2009 financial year as it reported a $39.3 million fall in the fair value of investment property portfolio, in contrast to a $167.9 million rise the previous year.

A hearing between Murchison Metals Ltd and Chameleon Mining NL is likely to be held early next year as the deadline for the second tranche of security for costs edges closer.

West Perth-based Hawk Resources Ltd will start trading as New Standard Energy Ltd tomorrow after finalising the acquisition of oil and gas assets in the Canning Basin.

The transfer of the livestock centre from Midland to Muchea is estimated to deliver a $467 million economic benefit to the state over 20 years as Agriculture and Food Minister Kim Chance calls for tenders.

Ausdrill Ltd has recommended shareholders who have accepted Macmahon Holdings Ltd takeover offer to withdraw their acceptance.

Cutbacks and asset sell-offs at the Houghton and Goundrey wine operations have been announced by US-based owner Constellation Brands as part of major changes at its Australian operations.

Queensland government owned power generator Stanwell Corporation Ltd has taken a 19.6 per cent stake in Blue Energy Ltd after buying a parcel of shares from CVC Ltd for nearly $35 million.

West Perth-based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a 264 per cent jump in net profit for the first half of 2008.

Premier Alan Carpenter is expected to call an election for September 6, a day after Colin Barnett was elected to lead the state Liberal Party.

The jobless rate in Western Australia has decreased to a seasonally adjusted 3.1 per cent in July while the national rate remained unchanged at 4.3 per cent.

West Perth-based Nkwe Platinum has signed exclusive option agreements valued at nearly $A14 million with global mining company Xstrata and Leederville-based International Goldfields Ltd over several African projects.

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resour

PearlStreet Ltd managing director Anthony Wooles has increased his interest in the company by buying 10 million shares valued at $3.3 million through a placement to director and allotment of shortfall