Latest Headlines

Sinosteel is a step closer to full control of Midwest Corporation Ltd after Midwest shareholder Murchison Metals Ltd reversed its previous opposition to the Chinese company's takeover offer.

Unites States company Cleveland-Cliffs is looking to spend nearly $600 million on acquisitions in Western Australia as it moves to fully own iron ore miner Portman Ltd and acquire a 30 per cent slice in explorer AusQuest Ltd.

Some 50 per cent of shareholders have passed up Perth-based Axiom Properties Ltd's rights issue, with the company managing to raise $5.7 million from a targeted $11 million.

Shares in Perilya Ltd have dropped by over 40 per cent on news it will sell its Mount Oxide copper and cobalt project to West Perth-based Chalice Gold Mines Ltd in a scrip deal worth $25 million.

AusQuest Ltd director John Ashley said he is not concerned of a takeover by acquisitive US company Cleveland-Cliffs, which will take a 30 per cent stake in the Ardross-based minerals explorer.

Western Australia's Nationals party has been handed more power in the outcome of the state election, with independent member for Kalgoorlie John Bowler announcing he will side with the party, potentially strengthening the Liberal claim to government.

The Federal Court of Australia has ordered a meeting of Aquila Resources Ltd's shareholders in October to consider the 'scheme' for the demerger of certain of the company's exploration interests in new company Aquila Exploration Limited.

The schedule for Australia's largest gold mine could be extended as manager Newmont Mining Corporation said work on the Boddington operation is now 83 per cent complete.

The Western Australian Electoral Commission is aiming to have an election result by the end of this weekend as postal votes make their way to the counting room.

Ausdrill Ltd joint venture vehicle, African Underground Mining Services, has won a four-year $90 million production mining contract with the West African Red Back Mining.

Air passengers travelling with Skywest will be able to save a few dollars with the recent decline in oil prices prompting the airline to decrease it fuel surcharges, however Qantas and Virgin Blue have indicated they won't be moving any time soon to cut t

The Chamber of Commerce and Industry WA said the introduction of an emissions trading scheme could potentially present the biggest challenge to business and industry over the last 50 years, as it lodged its submission with the federal government today.

Western Australia has recorded the country's lowest jobless rate for August with the latest national figures surprising economist who say the overall fall lessens the chance of an October interest rate cut.

Rio Tinto has emerged as the mystery buyer behind an 11 per cent parcel of shares in uranium explorer Extract Resources Ltd, which could be a hurdle in the company's planned merger with West Perth-based Kalahari Minerals Ltd.

The Kimberley Land Council has released its shortlist of potential site suitable for the development of a liquified natural gas hub with the government's Northern Development Taskforce to release its shortlist after the election result is known.

Western Australia's Treasury has thrown an obstacle in the path of negotiations on the formation of a state government.

US stocks wobbled higher today as investors mulled troubled investment giant Lehman Brothers' news of hefty losses and plans to sell assets to shore up its finances.

Nats demand 'risks rating'; Seven's $320m buyback will hand Stokes majority control; Lehman woes rattle global markets; Sinosteel talks Midwest chief into leaving, eyes 13.2pc stake; Dollar sinks below 80 US cents

WHOEVER forms government after last weekend's amazing state election, the challenges will remain the same; and one of the first the new administration will need to tackle is the perception that has been Alan Carpenter's undoing - that not enough has been

Marine building contractor McDermott Industries Australia has been cleared of allegations relating to unlawfully underpaying foreign workers on a gas pipeline project 130 kilometres off the coast of Karratha.

The wealth in human and material capital can bring a prosperous future for WA, according to James Pearson, if we choose to embrace the opportunities.

Providence can mean different things in the resources industry, but to a junior miner looking for a start-up project, it can be a very important first step on the ladder to success.

Western Australians may have to wait until next week to find out which party will form government as Nationals leader Brendon Grylls indicated that his party may delay its decision.

VIRGIN Blue Airlines' announcement late last month that it would significantly expand its presence in Western Australia with the launch of two new destinations - Karratha and Newman - has significantly increased the level of competition in what is a very

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resources.

COOGEE Chemicals and sister company, Coogee Resources, have both appointed new chief executives with Coogee Resources also appointing a new chairman.Coogee Resources' major shareholder Gordon Martin (

Property developer Cedar Woods and sustainable housing consulting firm Evoke Design Group have announced a joint venture to develop an affordable grouped housing site in Canning Vale which will achieve eight stars out of ten for thermal efficiency.

North Fremantle's days as a light industrial hub, providing a buffer between the port city of Fremantle and the upmarket suburbs of Cottesloe and Mosman Park, are well and truly numbered, with long-term plans to build about 3,000 new apartments and a reti

Malcolm McCusker QC has been awarded the Honorary Degree of Doctor of Laws at the University of Western Australia's spring graduation ceremonies.

THE election in Western Australia may have been too close to call earlier this week, but that didn't stop the behind-the-scenes strategists predicting how the surprise conservative polling could influence the federal sphere.

WEST Perth's office building spree has secured another major tenant, with engineering company TWP Australia Pty Ltd signing on to lease the entire A-grade building being constructed at 100 Havelock Street.

BHP Billiton executive Megan Clark will become the new chief executive of the Commonwealth Scientific and Industrial Research Organisation when Geoff Gartlett finishes his term in December.