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.
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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.
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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.
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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.
Belmont-based mineral sampling equipment manufacturer, Essa Australia Ltd, has posted a record net profit after tax of $1.9 million for the six months to December 2007, an increase of 23 per cent over the same period in 2006.
The Western Australian Farmers Federation claims WA is under-represented on the federal government's newly formed Wheat Industry Expert Group, with just one WA farmer appointed to the grower-controlled alliance which will oversee Australia's wheat exports
Western Australia's industrial land supply is set for a further boost following the start of site works on stage two of the Avon Industrial Park near Northam.
Preliminary data by the Real Estate Institute of Western Australia suggests Perth's housing market was flat-lining in the December Quarter of 2007, with no movement either up or down for the last three months of last year.
Michael Kiernan-chaired companies Monarch Gold Mining Company Ltd and Territory Resources Ltd have raised $10 million and $9.3 million, respectively, from share placements.
Perth-based gold explorer Mawson West Ltd has raised $2 million from the placement of 12.5 million shares at 16 cents per share to RMB Resources Ltd as trustee for the Telluride Investment Trust, and clients of Tricom Equities Ltd.
