Shares in Fairstar Resources Ltd sank another 5 per cent today as it revealed its holding in takeover target Golden West Resources Ltd had fallen from 32.2 per cent to 24.8 per cent.
A spokesman for Fortescue Metals Group Ltd said the group would not comment on reports that its chief executive, Andrew Forrest, held discussions with bankers in Beijing earlier this week seeking loans to help fund a $1 billion expansion of its Pilbara ir
Emerging from a trading halt today, engineering services group Neptune Marine Services Ltd has raised $61 million to primarily fund the acquisitions of Ross Deeptech Initiatives Ltd and Sea-Struct businesses.
Emerging mining and exploration players Navigator Resources Ltd and CityView Corporation Ltd have successfully completed share placements to raise $5 million and $10 million, respectively.
An independent expert's report by Deloitte Corporate Finance has concluded that Arc Australia Ltd's proposed acquisition of Anzon Australia Ltd is fair and reasonable.
Housing and works minister Michelle Roberts said a land release in South Hedland would provide a much-needed boost for housing in the region and re-vitalise the North-West town.
West Perth-based Bellevue Resources plans to list on the Australian Securities Exchange on December 18, after raising $3.5 million through its initial public offering.
Golden West Resources Ltd has firmly rejected Fairstar Resources Ltd's improved scrip takeover offer, arguing that the value of Fairstar scrip is highly uncertain and volatile and that Fairstar adds nothing to the planned Wiluna West iron ore project.
Welshpool-based RCR Tomlinson Ltd has secured $60 million in new project orders through its engineering, electrical, maintenance and energy business units.
Chamber of Commerce and Industry Western Australia boss John Langoulant has resigned from the peak business and employer group to take up the role of chief executive with Kerry Stokes' private company, Australian Capital Equity Pty Ltd.
Premier Alan Carpenter has unveiled a $73 million package of initiatives that he said was designed to transform dance, theatre, music and visual arts, as well as change the shape of Western Australia's cultural landscape.
Uranium West Pty Ltd, a wholly owned subsidiary of Perth-based Crescent Gold Ltd, has committed $16 million to a uranium exploration program in South Australia.
Perth-based gold exploration company Scotgold Resources Ltd has launched an initial public offer to raise up to $6 million ahead of its plans to list on the Australian Securities Exchange in 2008.
Mineral sands miner Iluka Resources Ltd has announced the go-ahead for a $30 million project in the United States as it continues engineering studies on its major growth projects in Victoria and South Australia.
Ukrainian group Palmary Enterprises has secured control of diversified mining company Consolidated Minerals Ltd, announcing today that it has a relevant interest in 50.68 per cent of the ordinary shares of ConsMin.
The environmental approvals process remains problematic for industry in Western Australia, with the increasing regulatory standards likely to present a growing challenge for the state's miners.
The mining industry may be responsible for just 12 per cent of the state's total water consumption, but mining companies are increasingly recognising the importance of water resource management in their operations.
The Perth market for inner-city apartments has defied concerns that rising prices and increased supply might result in Western Australia following other markets and experiencing a
The growth in the carbon offset and credit market could present significant opportunities for landholders and farmers in marginal and environmentally vulnerable areas looking for a viable alternative to grain crops.
Major technological breakthroughs will be the key to significantly reduce greenhouse gas emissions, according to Rio Tinto Iron Ore chief executive Sam Walsh.
Magellan Metals Pty Ltd has successfully negotiated a hurdle in its bid to export lead carbonate from Fremantle Port, with the Environmental Protection Authority this week recommending the miner be allowed to export lead from the port in bulk bags.
The Australian Small Scale Offerings Board has started to become a significant source of new capital for small Western Australian companies, with Live Technologies Ltd the latest to raise capital through this market.
The head of the University of Western Australia's Centre for Water Research, Jorg Imberger, is one of the state's best known scientists, so when he starts talking, smart people stop to listen.
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 I
Moves by Planning and Infrastructure Minister Alannah MacTiernan to shift the timber industry to freighting its loads via rail rather than road have taken a new twist.
Motor scooters seem to provide a credible alternative to a lot of the transport issues facing modern cities and motorists – they're cheap to run, they're more environmentally friendly than cars, and they take up less space on our crowded roads.
