Balcatta-based Clean energy technology group, Orbital Corporation Ltd, has forecast a profitable second half and full year after posting a reduced net loss after tax of $389,000 for the six months to December 2007, compared to $429,000 in 2006.
Coal companies in Western Australia are reporting upbeat results for testing of their deposits for gasification, a process which better uses the energy within the fossil fuel.
West Perth-based industrial company Schaffer Corporation Ltd has announced a net profit after tax of $5.8 million for the first half of the 2008 financial year, 11 per cent higher than the $5.2 million profit posted in the corresponding period last year.
Windimurra Vanadium Ltd has raised $54.8 million to fund development of its namesake project in Western Australia's Mid West, following the closure of its heavily oversubscribed entitlement issue.
Gold and base metals explorer, Augustus Minerals Ltd, has made a lacklustre debut on the Australian stock market today, with its shares opening at 40 cents each or 20 per cent down on their offer price of 50 cents.
Mineral exploration and energy technology company, Wasabi Energy Ltd, has raised $3.2 million through the sale of 4 million shares in Aviva Corporation Ltd at 80 cents each.
Diversified West Perth-based resources group, Kagara Ltd, has reported an 8 per cent fall in net profit to $35.9 million for the six months to December 2007, on the previous corresponding period's $38.9 million result.
Desperate FMG hits road; RBA cash rate may hit 8% to curb inflation; Rural revival feeds boom economy; Rio eyes $2.6b windfall if Asian mills stump up; More time please, urges Foster's chief
Nickel miner Mincor Resources NL has announced a $31.3 million net profit after tax for the six months to December 2007, 16 per cent down on its $37.1 million profit for last year's corresponding period.
The federal coalition has rejected the preferred industrial relations policy of its leader Brendan Nelson and his deputy Julie Bishop, deciding instead that it will not oppose legislation dismantling the Howard government's workplace laws.
Joint venture partners Charter Hall Ltd and Cape Bouvard Investments have confirmed the signing of Clough Ltd to anchor their new $220 million Alluvion office tower under construction on Mounts Bay Road.
Earthmoving and mining equipment supplier, Emeco Holdings Ltd, has reported a net profit after tax of $30.5 million for the six months to December 2007, down 12.4 per cent on the corresponding period last year.
Diversified base metals explorer, Haddington Resources Ltd, is set to acquire the mineral exploration division of Adelaide-based drilling company, Underdale Drillers, for a potential consideration of $18 million.
Year 11 and 12 students will be able to learn about minerals, petroleum and hydrogeology while they study environmental science issues as part of a new course launched by the education and training minister Mark McGowan today.
Applecross-based engineering company, Monadelphous Group Ltd, has announced a record after tax profit of $32.1 million for the half year ended 31 December 2007, up 2 per cent on the previous corresponding period.
Osborne Park-based internet kiosk developer, pieNETWORKS Ltd, is hoping to raise a total of $1.5 million through the placement of 83 million new shares at 18 cents each to private investors.
Eurogold Ltd and subsidiary, Eurogold Holdings (Bermuda) Ltd, have accepted a $7.95 million settlement from Oxus Holdings (Malta) Ltd and Oxus Gold Plc, after OHML and Oxus terminated an agreement to buy Eurogold's Ukrainian gold assets.
Shares in Applecross-based uranium explorer Power Resources Ltd made a strong debut on the Australian Securities Exchange today, opening at 27 cents or more than 25 per cent up on their offer price.
Palandri in rescue mission as financing arm collapses; ANZ exposure sends shivers through banks; Clearance query may stall Pluto; Rio 'underwhelmed' by Vale's iron ore deal; RCR pins hopes on small clients
Shares in besieged takeover target Golden West Resources Ltd continued their downward spiral today, following the shock resignation late Friday of the company's chairman Geoff Wedlock and managing director Gary Hutchinson.
Litigation funding provider IMF (Australia) Ltd has reported a net profit of $3.3 million for the six months to December 2007, representing a 65 per cent rise over the corresponding period last year.
Perth-based Galaxy Resources Ltd has raised $1.79 million via the early staged exercise of unlisted options, to fund the completion of a feasibility study on its Mt Cattlin tenement in Ravensthorpe.
Premier Alan Carpenter has identified nine items of government legislation he expected the upper house of state parliament to pass in the next fortnight.
Western Australia's Chamber of Minerals and Energy has welcomed the package of skilled migration measures announced by the minister for immigration and citizenship, senator Chris Evans.
Falcon Minerals Ltd non-executive chairman Kerry Harmanis has resigned from the board of the company, with Xtrata Nickel Australasia executive general manager exploration, Peter Langworthy, appointed in his place.
Welshpool-based engineering company RCR Tomlinson Ltd has posted a net profit of $9.13 million for the half year ending December 2007, up 10.7 per cent on the corresponding period in 2006.
WA big hitters in spotlight; PM shifts ground on Burke contacts; CBA gives ailing firms a pick-me-up; Platinum surges on South African woes; Allco Board mulls cash injection to appease banks
Nomad Building Solutions Ltd has revealed a 45.7 per cent increase in net profit after tax to $10.4 million for the half-year to December 2007, on the previous corresponding period.
Fremantle-based oil and gas services company Mermaid Marine Australia Ltd has reported a net profit of $7.5 million for the six months to December 2007, up 19 per cent on the previous corresponding period in 2006.
An inquiry ordered by agriculture minister Kim Chance has found no evidence that the actions of the former chairman of the Environmental Protection Authority, Dr Walter Cox, constituted misconduct under the Corruption and Crime Commission Act.
Brisbane-based minerals explorer, Diatreme Resources Ltd, has announced a potential billion-dollar discovery of zircon at the company's Cyclone Prospect in the Eucla Basin in Western Australia.
