Perth engineering company Macmahon Holdings Ltd has formed a new Aboriginal contracting business as it decides whether to extend its takeover offer period for Ausdrill Ltd.
Sinosteel is within reach of taking out a controlling stake in takeover target Midwest Corporation Ltd, increasing its interest today to 47.14 per cent after some Midwest directors decided to sell their stake to the steelmaker.
Balkans Gold Ltd plans to raise $3.2 million via a non-renounceable pro rata rights issue to help fund its acquisition of West African Resources Ltd and ongoing exploration programs.
West Perth-based African Energy Resources (Guernsey) Ltd and partner Albidon Ltd have elected to proceed with a bankable feasibility study over an African uranium project after a previous analysis pegged total capital costs at $93 million.
The Liberal party has today released a blueprint for a state energy policy focusing on the gas sector while the Chamber of Commerce and Industry said any such policy needed to be fully costed to ensure the best outcome is achieved.
Richfield Group Ltd and PharmAust Ltd have become the latest Western Australian companies to reveal their exposure to the affairs of besieged financial services provider Chimaera Capital Ltd.
Perth-based IT services provider ASG Group Ltd has forecast a 44 per cent increase in earnings for the 2008 financial year on the back of securing a number of government and corporate contracts.
Financing of Moly Mines Ltd's $1.1 billion Spinifex Ridge project has been given a boost after the environment minister today gave the go ahead for the project to proceed.
Belmont-based Ferrowest Ltd has doubled the scope of the engineering study into its Yalgoo iron project to one million tonnes per annum on the back of high demand for merchant pig iron.
Eight months after it bought the site for $70 million, Goodman International Ltd has signed US-based drilling services company, Boart Longyear Ltd, as the anchor tenant for its Stockyards Industrial Estate in Hazelmere.
West Perth-based Universal Resources Ltd has mandated the Royal Bank of Scotland and ABN AMRO in London to arrange a $US30 million bridging finance facility for the development of its Roseby copper project.
The Kwinana power station has been brought back to life but only partially as the Liberal party demands answers on the one-month delay to the re-commissioning of a Collie power plant and the shut down of another.
Mandurah man Leslie Walters is the latest person to be banned by the corporate watchdog from providing financial services over his role in the Westpoint Group collapse.
Perth-based DTI Group Ltd has secured a multi-million dollar contract with the Brisbane City Council to supply and install video surveillance systems into 450 buses.
The mining boom is forecast to stay firmly between the nation's economy and recession for at least the next five years according to economic forecaster BIS Shrapnel, which today published a 15-year outlook for the mining sector.
West Perth-based Rialto Energy Ltd is planning to raise over $7 million via a share placement to fund exploration of its projects in the Carnarvon Basin and attract international growth opportunities.
Perth-based Coal of Africa Ltd has entered into an agreement with a joint venture held by Rio Tinto and Kwezi Group of South Africa to exchange certain coal tenements.
Part of the Kwinana power station has been brought back to life, one of several Verve Energy generators that were shut down fro planned maintenance before the pipeline rupture at the Varanus Island gas facility last month.
Avoca Resources Ltd has officially become a gold miner today after it started gold production from its Higginsville project in Western Australia while it received a cash bonus for bringing the mine to life under budget.
Perth-based international office equipment financing company ThinkSmart Ltd will expand its reach in the Europe and New Zealand markets after agreements were secured with Media-Saturn France and Dick Smith Electronics.
Four Midwest Corporation Ltd directors have decided to accept Sinosteel Corp's takeover offer, a day after its merger with Murchison Metals Ltd was called off.
Crescent Gold Ltd shares have sunk to a 12-month low after the gold producer suspended its Laverton operation in Western Australia following problems with the processing plant.
Murchison quits bid with shot at Sinosteel; No need for exporters to fear: Garnaut; Pratt accuses ACCC of 'abuse of power'; Veteran brokers drive $150m takeover by Bell; Shock downgrade rattles market
West Perth-based Tap Oil Ltd has forecast a significant impact on its bottom line following disruptions at its Woollybutt oil field which kept it offline for most of the year.
Michael Kiernan has released details of a $30 million funding package to save Monarch Gold Mining Company Ltd, which includes a $25 million capital raising and an interest-free $15 million loan provided by the Kiernan family.
Perth-based Woodside Petroleum Ltd has alerted its shareholders of a possible unsolicited offer following a request for the company's list of shareholders.
