South Perth-based Advanced Ocular Systems will resume trading of its shares in June after shareholders today endorsed a $22.5 million reverse takeover of International Formwork & Scaffolding.
Former Chamber of Minerals and Energy WA chief executive Tim Shanahan has been appointed as the new chairman of the Pilbara Development Commission with Port Hedland Port Authority chief executive Andre Bush to be his deputy.
Boom Logistics says it will further reduce employee numbers across all business units and sell 40 cranes as it revises down its full year net profit forecast from $29 million to $14 million.
Publisher West Australian Newspapers Holdings (WAN) has posted a modest rise in reported net profit for the March quarter but nearly all other performance indicators showed a major slump.
Reed Resources says it is looking closely at the assets of collapsed Windimurra Vanadium as a feasibility study pegs capital costs of its nearby Barrambie vanadium project at $629 million.
Otto Energy says it will wait until market conditions improve to re-initiate talks with potential partners for its Philippines prospects, after a last chance to salvage a BHP Billiton deal was called off.
Shares in Uranio have skyrocketed as much as 250 per cent as the uranium explorer unveils the state's ninth largest uranium deposit at its Ponton project.
Atlas Iron will expand its footprint in the Pilbara after deciding to exercise its option to acquire iron ore rights in six Pilbara tenements from Haddington Resources for $1 million.
Redcliffe-based Coventry Group says it expects its net profit for fiscal 2009 to be "significantly below" the previous year as the global financial crisis takes its toll on its industrial products business unit.
Rio eyes a compromise; Credit cloud set to delay expansion of airport; House prices fall at fastest rate for 25 years; US order gets Austal back on course; Fortescue says no harm done over Chinese deal
There has been a mixed response to the federal government's back-flip to delay the emissions trading scheme by one year, with some saying the changes do not go far enough.
The state's health department says it expects to save several million dollars as a result of a printing contract awarded to a Victorian business director by former Liberal leader John Hewson.
House prices in Perth have dropped more than 3 per cent in the March quarter, suggesting activity in the housing sector may not be as strong as anecdotal evidence implies, economists say.
Perth-based Focus Minerals has completed the second part of its $28 million capital raising, with shareholders out in force for the $3 million share purchase plan.
Job advertisements in Western Australia have fallen more than 7 per cent in April while national figures fell for the 12th consecutive month, a survey shows.
A joint venture between NRW Holdings and VDM Group has won a $240 million contract from CITIC Pacific for work at the port area of the Sino iron project at Cape Preston.
Perth-based Aditya Birla Minerals has reported a full-year net loss of $76 million as it halted production at two of its operations on the back of lower commodity prices.
Moly Mines says it is looking for projects with cash-flow potential to ease its debt pressures as a six-month deadline for a $US150 million ($A206 million) loan looms.
Engine technology group Orbital Corporation has entered a $2.4 million deal with a Chinese business to jointly develop a concept engine that will improve fuel economy.
Balcatta-based Videlli, formerly ERG, plans to delist from the Australian stock market to better focus on its Tcard project litigation in New South Wales.
Macquarie Group has posted a 52 per cent fall in annual profit - its first decline in 17 years - as chief executive Nicholas Moore takes a hefty 99 per cent pay cut.
China Nonferrous Metal Mining Group Co (CNMC) is set to gain control of Lynas Corporation, which holds a rare earths project in Western Australia, after striking a $505 million deal.
Banks ordered to pay $1.6bn in compensation; Macquarie set to raise $1.2bn; Alumina to tap investors for $1bn to ease debt risk; Turnbull sees red on Rudd China policy; Swan reveals $50bn budget revenue hit
Japanese company INPEX has awarded AMEC Engineering the contract for the offshore front end engineering and design (FEED) for the Ichthys liquefied natural gas project in the Browse Basin.
