Golden West Resources Ltd will spend over $11 million subscribing to shares in Yilgarn Infrastructure Ltd in a bid to secure the construction of a railway from its iron ore project to the Oakajee port.
Perth-based CGA Mining Ltd expects to start producng gold from its $250 million Philippines project in the first quarter of next year as construction of the operation runs ahead of schedule.
The Merredin Shire Council has today approved the development of a $600 million wind farm that will generate enough electricity to power 160,000 homes.
Impairment losses and write-downs of inventories has hit mineral sands miner Matilda Minerals Ltd, which posted a full year net loss of $17.3 million for fiscal 2008, up from the previous year's net loss of $3.1 million.
Lessons learnt from the Asian financial crisis are now cushioning the region from the continuing global fallout overnight from the United States equities quagmire, according to one of South East Asia's most prominent business commentators.
The continued market volatility has claimed another potential acquisition with Newland Resources Ltd scrapping plans to acquire stakes in two companies that hold iron ore and petroleum projects.
GRD Minproc, a subsidiary of GRD Ltd, has secured the engineering contract for the $5.2 billion Sino iron ore project in Western Australia, currently being developed by Citic Pacific Mining.
United Credit Union's merger with Adelaide-based credit union Community CPS Australia will come into effect at the start of November following shareholder approval.
Australian stocks suffered at the opening of trading on the Australian Securities Exchange, after the US House of Representatives rejected the $US700 billion rescue package.
Metals dive as recession fears defy Wall St bailout; Banks warned on loan exposure; Centro gets reprieve; Garnaut has bush answer to climate; Hardie 'misleading' on compo
North Perth-based Stonehenge Metals Ltd has terminated an agreement to acquire a majority stake in an Indonesian nickel project due to unresolved issues surrounding exploration permits.
Subiaco-based seafood processor Sam's Seafood Holdings Ltd has branched out into the coal sector after agreeing to acquire a company that holds a majority interest in an Indonesian coal project.
Moly Mines Ltd has executed full financing documentation for the provision of a $US150 million interim debt financing facility with various funds associated with the Trust Company of the West.
An opportunity to participate in the construction of a $100 million radio telescope to complement the $2 billion-plus Square Kilometre Array project has officially opened.
US-based machinery group Terex Australia has signed a design and construct deal with Perth Airport to establish its new WA headquarters on a four hectare site at the airport's Kewlink intermodal business park.
Former Arc Energy Ltd chief operating officer Marie Malaxos has been elected as the president of the Petroleum Club of Western Australia, replacing Derrick O'Keefe.
Rio Tinto's share raid on South Perth-based Extract Resources Ltd has continued, with the mining major lifting its stake in the explorer to 14.4 per cent.
Wesfarmers Ltd has unveiled a new remuneration package for managing director Richard Goyder in a step to better reflect the increased responsibilities stemming from the Coles acquisition.
Two wholly-owned subsidiaries of Como-based construction company Forge Group Ltd have secured contracts valued at $50 million from mining companies including Rio Tinto.
Gold miner St Barbara Ltd has signed a $20 million agreement with lender GE Commercial Finance to fund ongoing development at its Gwalia mine in Western Australia.
Western Australia has formally lost its bid to host a multi-billion dollar liquefied natural gas plant, with Japanese company Inpex Ltd today announcing Darwin as its preferred site.
Western Australian Labor MP Ben Wyatt, touted as a future party leader, has been chosen to take on Treasurer Troy Buswell in the state's new parliament.
An injunction preventing Cape Lambert Iron Ore Ltd from acquiring a stake in an African iron ore project has been dropped following mediation talks with a disgruntled shareholder.
Emerging Perth-based base metals company Bass Metals Ltd has confirmed a maiden $1.78 million net profit for fiscal 2008 financial, underpinned by strong high-grade production from the Que River operation in Tasmania.
Found: Firepower chief in London, denies hiding; Double gas trouble as Inpex quits WA and oil tax is passed; Monetary shot 'a necessity'; Rio faces strike as train drivers fire up test case; Timber firms plan writs over Varanus gas crisis
The tax on condensate passed the Senate today, despite fierce opposition from WA Senators who compared the bill to a 'drive-by shooting' on Western Australians.
Treasurer Troy Buswell has announed the newly elected government will need to reign in excessive spending growth, inherited from the previous Labor government, following the release of the Annual Report on State Finances (ARSF) this afternoon.
