Miner Aquarius Platinum is to spend $790 million buying back all the shares held in it by Impala Platinum (Implats) and all the shares that company holds in its subsidiary, Aquarius Platinum (South Africa).
Subiaco-based iron ore company, Brockman Resources Ltd has completed a positive scoping study which indicates its Marillana iron ore project, located north of Newman, has a potential A$1 billion net present value for a 10Mtpa project development.
Iluka Resources Ltd has completed the retail component of its 4 for 7 pro-rata accelerated renounceable entitlement offer to shareholders, with the retail offer raising approximately A$95 million.
Further to filing a final prospectus on 3 April, Marengo Mining Ltd has today announced the completion of its C$9.8 million offering and has commenced trading on the Toronto Stock Exchange.
IAG rebuffs $7.6bn QBE takeover bid; Senior executives face ANZ Opes Prime Probe; Atlas wants $100m for faster mining program; Rate rises working, says Reserve Bank; Share sell-off signals end to Kolsen hope for Iluka
For the second year running Western Australia has been the nation's highest taxing state, data released today by the Australian Bureau of Statistics (ABS) has shown.
Perth-based gold, nickel and uranium explorer, Impact Minerals has been granted exploration licences covering about 20,000 sq km in eastern Botswana, specifically for the exploration of uranium.
The proposed merger between mining company CopperCo Ltd and investment house Mineral Securities Ltd (MinSec) has moved closer with the release of an independent experts report and a shareholders general meeting scheduled for May.
The Environmental Protection Authority of Western Australia has recommended ministerial approval for Moly Mines's Spinifex Ridge project in the Pilbara.
WA home price 'to fall 20%'; Yilgarn wants port guarantee; Stokes' Seven to press on with appeal in C7 case; Vulcan warms to $184m Finnish copper project; Opes fallout: ANZ chief heads share-lending review
Perth-based wealth management business Plan B Group Holdings Ltd expects its result for FY2008 will be 10% to 15% below the directors' forecast, assuming a continuation of present market conditions for the remainder of this financial year.
West Perth-based development and exploration company Vulcan Resources Ltd has today announced that it is proceeding with the Kylylahti Mine in Finland.
West Perth-based Kagara Ltd has issued a response to media reports to advise shareholders that the Lounge Lizard nickel sulphide deposit at Forrestania is not for sale.
South Perth-based property developer Finbar Group Ltd has received approval for its 15-storey office tower on the former Fairlanes Bowling site at 175 Adelaide Terrace.
Cedar Woods Properties has won a competitive tender conducted by the Department of Housing and Works for the joint venture development of the Harrisdale Village project.
Premier Alan Carpenter today opened the Broome Power Station, marking the completion of the $700 million West Kimberley power project, one of the biggest infrastructure investments ever made in the state's far north.
Nedlands-based software provider ISS Group Ltd has announced its biggest every contract, valued at around $4 million with Malaysian oil and gas group Petronas.
Western Australia is leading the national slump in housing finance with new figures showing an 11.6 per cent fall in the month of February, according to the Bureau of Statistics.
Yilgarn Infrastructure has flagged a potential $1 billion damages claim for breach of contract by Midwest Corporation Ltd, which allegedly signed a binding agreement to formally nominate it as its preferred developer for the Oakajee port and rail.
The multi-million dollar fortunes of Paladin Energy Ltd chairman Rick Crabb and company secretary Gillian Swaby are at risk after the company disclosed that about half their shares are subject to margin loans with failed lender Lift Capital.
The Australian Securities and Investments Commission has obtained injunctions against Perth property developers Kenneth and Morag Fraser and associated companies to stop the promotion of nine land sub-division schemes.
The prospect of Australia's coal seam gas industry developing large-scale export projects has received a major boost with BG Group (formerly British Gas) agreeing to invest $664 million in Queensland Gas Company.
Italian-owned ENI Australia Ltd shut down production at its Woollybutt joint venture with Tap Oil Ltd and Mobil after a safety incident forced the evacuation of personnel.
Engineering and construction company Clough Ltd has continued a run of big contract wins, being awarded a $260 million contract for Apache Energy's Devil Creek gas project in the Pilbara.
Sydney-based margin lender Lift Capital Partners has gone into administration, joining Tricom and Opes Prime as firms to suffer as a result of their margin lending activities.
Iluka Resources Ltd has announced major changes to its board of directors, with Jenny Seabrook joining as a non-executive director and Bob Every set to replace Ian Mackenzie as chairman.
The owner of the Dampier to Bunbury natural gas pipeline has announced further expansion plans after receiving additional firm capacity requests from existing and prospective users of the pipeline.
Midwest wants port vote; UWA joins Chevron's oil and gas stellar class; Tatts, Tabcorp shattered by gaming blow; BHP warning to Garrett; Council warns lack of land will push industrial rents sky-high
The Real Estate Institute of Western Australia data released today show a fall of almost three per cent on the median house price for the March quarter, pulling it down from $470,000 at the end of last year to around $457,000 currently.
Woodside Energy and BHP Billiton Petroleum are the winners in the annual safety awards presented by the Australian Petroleum Production and Exploration Association (APPEA) for 2008.
