Shares in Fortescue Metals Group soared 25 per cent today to a new record high after the iron ore group revealed a resource estimate for part of its Pilbara Solomon project of more than one billion tonnes.
Perth-based Eastland Medical Systems Ltd will take a controlling stake in African drug developer Star Medical (Botswana) Ltd after acquiring a further 25 per cent of the company through a scrip issue worth $1 million, the company has announced.
The third quarter profits of West Perth-based Straits Resources Ltd subsidiary Straits Asia Resources Ltd have fallen to a third of 2006 levels after a force majeure and abnormal rainfall, the company has announced.
Perth-based biodiesel producer Mission Biofuels Ltd, which acquired a 20 per cent stake in its Indian subsidiary on Monday, has increased its holding in the company to 97.6 per cent, after the minority partner chose not to participate in a rights issue.
The State Government will introduce a bill establishing Extended Producer Responsibility Schemes, where producers of consumer goods could be required to establish recycling programs for those goods, Environment Minister David Templeman has announced.
Osborne Park-based Fairstar Resources Ltd has reaffirmed its commitment to a takeover of Golden West Resources Ltd, despite the bigger company officially rejecting the scrip bid yesterday.
Nickel miner Sally Malay Ltd and West Perth-based Thundelarra Exploration Ltd have signed co-existence agreements with the traditional land owners of its East Kimberley projects.
Prime Minister John Howard and his Liberal Party hold a commanding lead over Kevin Rudd and the Labor Party in a poll that has successfully predicted the outcome of the Federal Election since 1996 - Miss Maud's Coffee Bean Poll.
Subiaco-based Emmerson Resources Ltd has opened its initial public offer, aiming to raise $15 million to fund exploration of its iron oxide copper-gold assets in the Northern Territory, the company has announced.
West Perth-based Carpentaria Exploration Ltd, a spin-off of Giralia Resources NL, closed up 24 per cent in its debut on the Australian Securities Exchange, after raising $7.5 million in its initial public offer.
West Perth-based electrical engineering and control systems group LogiCamms Ltd aims to raise $10 million in its initial public offer, the company has announced.
Perth-based exploration company United Minerals Corporation Ltd has signed a joint venture deal with Norsk Hydro subsidiary Hydro Aluminium AS to establish a bauxite reserve capable of supporting an alumina refinery.
Some charitable organisations in Western Australia could be forced to pay rates to Local Governments after the Supreme Court overturned a rates exemption decision by the State Administrative Tribunal.
Moly Mines Ltd has become the latest Western Australian mining company to gain backing from US investment group Harbinger Capital, which has also invested in Fortescue Metals Group, Poseidon Nickel and Po Valley Energy.
State-owned electricity generator Verve Energy has been selected to supply electricity to Gindalbie Metals' Karara iron ore poject, making it the winner of Western Australia's biggest contested electricity contract in more than a year.
South Perth-based energy company Aviva Corporation Ltd has appointed Citigroup Global Markets Australia Pty Ltd to advise on ongoing development of, and acquisitions for, its integrated energy projects, the company has announced.
Perth-based uranium explorers Atom Energy Ltd and NuPower Resources Ltd have entered into a joint venture deal to advance exploration of Atom's Natve Gap project, 120 km north of Alice Springs.
Perth-based CityView Corporation Ltd will raise $3.4 million through the issue of 11 million shares to Global Investments Strategy (UK) Ltd, the company has announced.
Takeover target Consolidated Minerals Ltd has backed an improved $1.08 billion offer from Palmary Enterprises Ltd, while also advising shareholders that its high stock price is ripe for short term profit-taking.
Western Australia is the only state in Australia where financial incentives overshadow flexible work options with almost 75% of employers highlighting financial rewards as the key staff engagement tool, according to the latest Hudson Report released today
Burke faces threat of charges; Stand-off over merger bid; 'Deeper, darker scarier' warning unnerves investors; Steven Goh back with Bell tilt at online trades; PM banks on budget revenue surge.
The Environmental Protection Authority’s new chairman, Dr Paul Vogel, plans to overhaul the way the agency manages the approvals process to avoid “drowning” in a sea of applications as the wave of resources activity continues to gather momentum.
With Western Australia’s growing population and economy, retail investors and developers are looking at the state’s neighbourhood shopping centres in a new light.
Aquila Resources Ltd non-executive director Charles Bass reduced his interest in the company through the off-market sale of 2 million shares worth $13 million to West Perth-based SAS Global Private Cl
FAMILY-OWNED business, MG Kailis Holdings Pty Ltd, has returned to the black with a net profit after tax of $4.8 million in the year to June 2007, following an extensive restructuring during the previ
With some of Western Australia’s biggest corporate names on its books, IT services provider L7 Solutions is making the most of the state’s booming economy.
The Housing Industry Association has warned that Western Australia’s housing affordability crisis will intensify, with the likelihood of two further interest rate rises this cycle.
THE Geraldton Iron Ore Alliance has concluded in a study that less than 1 per cent of the Mid West region’s Banded Iron Formation ranges would be mined under current proposals of its eight member comp
