West Perth-based gold and base metals explorer, Brumby Resources Ltd, has expanded its portfolio of Pilbara iron ore tenements with the acquisition of six Yule River tenements from Resource and Investment NL.
Shares in Mount Pleasant-based tin explorer Consolidated Tin Mines Ltd debuted on the Australian stock exchange at 17 cents each today, slightly down on their offer price of 20 cents per share.
Empire Resources Ltd has secured additional cash to explore and develop its advanced copper gold projects after agreeing to sell its Yarlarweelor uranium project in Western Australia for $1.75 million.
Subiaco-based mineral exploration company Venture Minerals Ltd has secured $6.38 million in funds for further exploration at its Mount Lindsay magnetite tin project in Tasmania.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
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Boutique brewing company Little World Beverages Ltd has reported a 20.6 per cent boost in total revenue to $16.7 million in the half-year ended December 2007.
Western Australia's biggest electricity supplier, Western Power, is under pressure to lift its service standards following the release of a critical report by the Economic Regulation Authority today.
Ever since Kerry Stokes' Seven Network Ltd made a pre-emptive strike on the WA Newspapers Holdings Ltd share register in late 2006, everyone in Perth has been wondering when he would throw his weight around. Today he did just that.
Internet services and telecommunications company iiNet Ltd has reported strong growth in profit for the half year to December 2007, driven by improved margins and lower costs.
Premier Alan Carpenter has announced a reallocation of state cabinet portfolios with indigenous affairs minister Michelle Roberts set to hand over her employment protection portfolio to minister Jon Ford.
Henderson-based ship builder, Austal Ltd, has announced a net profit after tax of $29.9 million for the six months to December 2007, up 35 per cent on the $19.4 million achieved in the 2006 corresponding half.
Perth-based Mallee Gold Corporation Ltd has formed an alliance with Metals Finance Corporation to develop mineral resources projects in the United States.
Aspen Group Ltd has resported an underlying net profit after tax of $19 million for the half year, representing a 63 per cent increase on the corresponding period.
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Portman Ltd reported a full year net profit for 2007 of $96.6 million, down almost 17 per cent compared with the previous year, blaming the rising Australian dollar, hedge book movements, higher costs and an unfavourable sales mix.
Listed WA property group Port Bouvard Ltd has advised the market that it had decided not to proceed with the syndication of its Oceanique Luxury Apartment development.
Cedar Woods Properties Ltd has reported an interim net profit of $4.6 million, maintaining its full year net profit forecast of approximately $20m, which will be a record for the company.
Earthmoving player NRW Holdings Ltd announced an interim net profit of $22.3 million, which it says puts it on track to at least achieve its full-year prospectus forecast of $40.2 million. Shares in the company were marked down almost 6 per cent today.
The Court of Appeal of the Supreme Court of Western Australia has today dimissed Uranium Equities' appeal in which it sought to assert a claim to some of Energy and Minerals Australia tenement holdings at Mulga Rock, located north of Kalgoorlie.
Western Australian-based Indian Sandalwood grower, TFS Corporation, has announced today its interim results for the first half of the year and advised that it expects an increase in full year net profit after tax of at least 15%, and 13% on an earnings pe
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Leading national window coverings company Kresta Holdings Limited is on track to exceed last year's full year financial result after announcing a 45 per cent increase in net profit after tax for the half year.
Wesfarmers Kleenheat Gas has been taken to task in the Federal Court of Brisbane for varying the pricing for bulk LNG supplied to some commercial customers.
Specialist mining and energy software developer, ISS Group Ltd, has reported a significant boost in both revenue and profit for the six months to December 2007.
Civil construction firm Brierty Ltd has been marked down more than 5 per cent by the market today, on news that it had ended an acquisition deal and delivered an interim result which it says puts it on track to meet its prospectus forecast.
Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.
Mineral sands producer Iluka Resources Ltd has talked up the expansion prospects of its eastern states projects, after posting a full year net profit of $51.1 million in line with forecasts.
Western Australia continues to have the highest annual wages of all states at just over $63,000, around $3,500 higher than New South Wales, new Australian Bureau of Statistics data shows.
Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.
