South Perth-based gold and nickel explorer Mindax Ltd has announced plans to raise $2.4 million through a non-renounceable entitlements issue to fund planned exploration programs on its uranium, gold, copper and iron ore projects in Western Australia.
Western Australians are being asked to put their clocks forward one hour before going to bed on Saturday, with the second period of daylight saving will commence this weekend.
West Perth-based Westralia Property Trust Ltd has announced a distribution to unitholders of 9.7 cents per unit for the 2006-07 financial year, as it prepares for a strategic shift into the rural sector.
Nedlands-based Dioro Exploration NL has announced the terms of its planned capital raising, with plans to distribute 31.2 million subscription receiprt to investors at a price of C$1.60 each, to raise up to C$50 million, the company has announced.
Shares in Burswood-based gold and nickel explorer Tectonic Resources NL have risen 16 per cent after raising around $3 million through scrip issues to Melbourne-based Lion Selection Ltd and West Perth-based Jabiru Metals Ltd.
West Perth-based Halcyon Group Ltd has awarded the nickel extraction scoping study contract for its Canegrass nickel project in the Eastern Goldfields to Perth-based engineering company BatteryLimits Pty Ltd, the company has announced.
London Court and the Criterion Hotel will be among the 32 places to share in this year's Heritage Council grants program, allocating $1 million, Heritage Minister Michelle Roberts has announced.
International Passenger numbers at Perth Airport were up 22 per cent in the first quarter of the 2007-08 financial year, a jump widely attributed to a strong state economy and increased seat capacity on new airlines.
ARC Energy Ltd has negotiated deals to buy oil producer Anzon Australia Ltd and its UK parent company Anzon Energy Ltd, creating a merged group with a market value of about $1.1 billion.
Takeover target Midwest Corporation Ltd has claimed that its suitor, fellow iron ore miner Murchison Metals Ltd, has failed to provide sufficient infomation in the bidders statement, as it urged shareholdfers to take no action on Murchison's offer.
The State Government has launched the Kimberley Broadband Solutions Project, providing 16 wireless hotspot sites and three fixed satellite and portable mobile satellite communication systems, to key locations within the Kimberley region.
Herdsman-based Olympia Resources Ltd has signed a joint venture agreement with Island Minerals Pty Ltd to carry out exploration on the private company's zircon and gold tenements.
Futuris to sell 43 per cent of its AAC stake; Uranium contracts puts BHP on the spot; Atomic authority says nuclear energy industry planning has to start next year; PM releases $4b concession package; Gage Roads main shareholder sells most of its stake.
Housing markets are providing a timely reminder that the gravitational pull of cycles can be hard to avoid, even in a booming state such as Western Australia.
The state government is likely to approve two gas processing hubs on the west Kimberley coast despite conservation groups expressing concern about the impact of giant gas projects and the associated shipping movements.
Some of WA's biggest food producers and manufacturers are behind the establishment of a lobby group aimed at providing a united voice for the food and beverage sector, as well as promoting and developing the industry’s growth.
The state government posted another record budget surplus in 2006-07, of $2.3 billion, fuelled by strong growth in mining royalties and taxation revenues.
The Western Australian Community Foundation has doubled its funds under management in the past few months, due to contributions from the state’s mining industry, bringing its total funding pool to $3 million.
Perth-based Centre for Association Management Pty Ltd is preparing to expand its services for the not-for-profit sector by undertaking a $2.5 million initial public offer.
Strong overseas demand for minerals and petroleum, particularly from China, and strengthening commodity prices pushed the value of Western Australia’s resources industry up 25 per cent to a record $53.4 billion in 2006-07.
It may be held in high esteem by many in the hospitality industry, yet The Essex Restaurant remains something of a sleeper business, overshadowed in the headlines by Jackson’s Restaurant, Star Anise, Fraser’s Restaurant, and the former Eminem.
Three years after commissioning its $85 million manufactured lumber plant, the Dennis Cullity-chaired Wesbeam Holdings Ltd has scraped into the black with a small profit for the year to June 2007.
Global economic growth, particularly from China, resulted in price rises for many mineral commodities and continued historical highs for others in 2007, a trend that will continue into 2008, according to ABARE.
Electricity retailer Synergy has emerged as the only one of the four disaggregated electricity corporations to exceed budget forecasts, reporting earnings before interest and tax of $64.9 million for the 2006-07 financial year.
Western Australia’s economic growth remains strong, with key measures of economic activity remaining well above historical trends and outstripping national growth.
The state’s buoyant economic conditions have resulted in increases in consumer spending, with low unemployment and rising personal incomes leading to strong consumer confidence.
Whether or not Kevin Rudd – Kevin07 during the campaign – takes Labor into power on November 24, nobody will ever be able to take from him that he has managed to make a very average mob look like winners.
Growth in the Western Australian residential property sector over the past year may not have reached the stellar heights of the 2004-06 period, but a double-digit return still points to the market’s continuing strength.
