Latest Headlines

Moly Mines has announced a major expansion of its Spinifex Ridge molybdenum/copper resource with an increase of more than 100 per cent in its resource tonnage results.

Peet Ltd has today announced its Peet Alkimos wholesale syndicate has settled on the purchase of a 243-hectare residential zoned property with 1.7km of ocean frontage within the Alkimos Eglinton project.

Vital Metals Ltd has today announced the finalisation of an Indigenous land use agreement (ILUA) with the Western Yalanji people over proposed mining at its Watershed Tungsten project in North Queensland.

Leederville-based specialist media company Aspermont has today announced a deal to acquire UK based Mining Communications Ltd for $18.8 million, as part of its global expansion strategy.

ASX-listed exploration company Westgold Resources has today announced a fully underwritten 1-for-4 pro-rata non-renounceable rights issue, at a price of 18 cents per share, to fund its Rover exploration program in the Northern Territory.

Internet service provider iiNet says the Rudd government's national broadband network will result in customers paying more, with fewer internet providers, if the current regulatory regime is not reformed.

Broker accused of hiding losses; Sinosteel claims market uncertainty is a threat for Midwest; Landmark deal promises reward for WA's Martu; Lew lobs $898 bid for Just; Lehman sues over $US350m fraud

The collapse of stockbroker Opes Prime has ensnared shareholders in at least seven WA resources companies, including high profile mining identity Nathan MacMahon and the biggest stakeholder in Gindalbie Metals Ltd.

Boutique brewing company Oz Brewing Ltd has finalised plans to acquire a manufacturer of sheds and portable accomodation, while also disclosing that its plans for a second retail outlet in Dunsborough have been blocked.

A new skills program for WA's oil and gas industry was launched in Perth today by Resources Minister Francis Logan.

Perth-based nickel miner Minara Resources Ltd has recieved 'in principle' approval from its board for a $300 million heap leach expansion project.

Explorer and aspiring potash producer Reward Minerals Ltd has reached what is being touted as a ground-breaking native title deal to potentially give the Central Western Desert's Martu people more than 10 per cent of the company.

Sales of new homes by Western Australia's largest builders dropped 33.2 per cent in February 2008, following a 47.1 per cent jump in January, figures released today by the Housing Industry Association (HIA) show.

The State Government has launched a television and media advertising campaign aimed at increasing the number of apprentices and trainees in Western Australia.

The share prices of two Perth-based companies have shot up 40% or more today on the back of uranium and other commodity results from their projects in Malawi and Sweden.

The North West Shelf Venture has approved a $5 billion expansion of its gas production operations off WA's northern coast, adding to the extraordinary boom in oil and gas projects.

ANZ forces Opes Prime share sale; Market rout the worst in 20 years; The tax man cometh for you, big earner; BHP eyes partnerships with chinese miners to ramp up supply; Offshore cash key for U-stocks

ComputerCORP Ltd today announced an agreement to purchase Queensland IT firm Coretech for up to $4.2 million in staged cash and share payments over two years.

State Development Minister Eric Ripper today rejected a claim in The Australian newspaper that the State Government had decided that it would not permit Browse Basin LNG proponents to operate a single common-user LNG hub in the Kimberley.

Windimurra Vanadium Ltd today completed a $25 million capital raising, joining a handful of small and mid-cap mining companies thathave defied the market downturn to raise additional funds.

Incremental Petroleum Limited has announced that it has concluded the purchase all of a further 10 per cent equity in the Edirne licence in Western Turkey from one of its Turkish partners for US$1.5 million.

Territory Resources, the iron ore company headed up by WA mining businessman Michael Kiernan, has lifted its stake in mineral sands producer Olympia Resources, following Olympia's rejection of its $15.5 million take over bid yesterday.

PERTH-based mineral sands producer Olympia Resources has rejected Territory Resources takeover cash bid, saying its offer was less than half of what it should be according to an independent expert.

Aspiring power generation company Aviva Corporation Ltd has appointed former Western Power managing director Tony Iannello as its chairman.

Property and maintenance services company Spotless Group Ltd has made a hostile $556 million bid for Programmed Maintenance Services Ltd, one year after PMS bought Perth-based Integrated Group Ltd.

The Australian Competition and Consumer Commission has commenced proceedings in the Federal Court in Sydney against communications retailer Allphones Retail Pty Limited, which has allegedly breached the Franchising Code of Conduct.

Welshpool-based Allied Gold has attracted a $35 million injection from gold miner Barrick Gold Corporation for its PNG projects.

The RBA governor Mr Glenn Stevens delivered a speech this morning to Smart Capital 2008: The Euromoney Australian Financial Markets Innovation Congress in Sydney.

William Street and its surrounds has gone through something of a revival in recent times.

Increased immigration into Western Australia has helped the state record the highest level of population growth in the country, as the nation experiences its fastest growth rate in 18 years.

Northbridge is building on its reputation for providing authentic, well-priced international cuisine, with a new breed of eateries bringing a fresh flavour to the area, largely in response to the wider demographic changes occurring just outside of the mai

Red Cross Western Australia has become one of the few WA not-forprofit organisations to raise funds through a charity auction home, with a new home completed and ready to be auctioned next month in Tapping.