North Perth-based Backreef Resources Ltd has issued a supplementary prospectus extending the closing date of its initial public offer to January 31 2008 after failing to raise sufficient funds during its initial offer period.
West Perth-based Vulcan Resources Ltd has been hammered by investors after disclosing that planning for its flagship Kylylahti project in Finland has been adversely affected by higher than expected costs and an unfavourable exchange rate.
Shares in West Perth-based Comdek Ltd were the most traded on the Australian Securities Exchange yesterday, after the former telecommunications company announced a deal to gain access to a South African coal resource.
Investor group backs Midwest; Investors lash Telstra over Sol's millions; Wesfarmers chief warns of hard yakka on Coles; Buyout offer for family-run group spurs float plans; Pluto carbon offset worth $100m to CO2.
West Perth-based Beadell Resources Ltd will pay $2 million in cash and scrip to Boulder-based Challenge Drilling to guarantee priority access to both aircore and reverse circulation drill rigs over a 2 to 3 year period, the company has announced.
Perth-based Sunset Energy Ltd has performed strongly in its debut on the Australian Securities Exchange, closing at 28.5 cents, up 42.5 per cent from its offer price.
Australian Securities Exchange-bound wine producer Palandri Ltd has reported a 2006-07 net profit of $2.2 million, with the bulk of its revenue generated from managed investment scheme fees and asset revaluations.
Perth-based Australasian Resources Ltd will spin-off its former namesake asset - the Sherlock Bay nickel project - into a new company so that it canh focus on its iron ore assets.
The State Government has recieved 500 expressions of interest from overseas candidates from a recruitment drive for its Department of Environment and Conservation.
South Perth-based lobster exporter Cervantes Seafood Ltd has launched an abalone breeding program in conjunction with Curtin University's Muresk Institute of Agriculture, the company has announced.
Perth-based tin and nickel miner Stonehenge Metals Ltd will raise $1.7 million through a placement to boost working capital and provide further funding for exploration, the company has announced.
Dioro Exploration NL subsidiary Lodestar Minerals Ltd, which holds nickel rights over the parent company's Penfolds project, has announced plans to raise $5 million through a priority issue, ahead of listing on the Australian Securities Exchange.
West Perth-based Universal Resources Ltd has signed a joint venture agreement with Claremont Resources Ltd, which will see the latter company spend up to $6.5 million on the Burra Zinc project in exchange for 77 per cent of Universal's interest in the ten
Drilling services company Ausdrill Ltd has completed a $95 million capital raising through a share placement and share purchase plan to fund expansion in Australia and Africa, including a move into contract mining in Australia.
Osborne Park-based copper-gold explorer Talisman Mining Ltd chairman Ian Macpherson has retired, to be replaced by Jubilee Mines NL director Alan Senior, the company has announced.
West Perth-based Metex Resources Ltd will move to full ownership of Carbon Energy Pty Ltd and its underground coal gasification technology after agreeing to buy out the CSIRO for around $41 million in cash and scrip.
Woodside Petroleum Ltd has entered into a $100 million carbon offset program with Australian Securities Exchange-listed forestry company CO2 Australia Ltd, to offset the emissions from its Pluto liquefied natural gas project in the state's north west.
CVRD-Inco will proceed to step three of the Kalgoorlie Nickel Project, its joint venture with West Perth-based Heron Resources Ltd, and will pass on a draft program and budget for the works by Saturday.
Kambalda nickel producer Mincor Resources NL is set to increase its production by 18 per cent after today announcing approval for the $23 million development of its 100 per cent owned McMahon Nickel project near Kambalda.
Metex Resources Ltd has reached agreement to buy out its 50 per cent partner in its joint venture company Carbon Energy Pty Ltd, currently owned by CSIRO.
Sub-prime woes see Allphones put plan to sell chain on hold; Paladin slugged by output woes; How the wolf from the west plans to revive Coles; Sell-off slices $323 from Anvil's value; Poll spree at odds with RBA's inflation fight.
Indonesia should be firmly in the sights of Western Australia's mining industry, with the country's economic growth rate approaching those of China and India, according to Austrade senior trade commissioner, Rod Morehouse.
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
WA's peak business body, the Chamber of Commerce and Industry WA, estimates the state will need an extra 40,000 workers each year during the next 10 years to fulfil demand for jobs.
Western Australia's building and construction industry has raised concerns for the viability of some projects if a federal Labor government abolishes the Australian Building and Construction Commission, a recent survey by the Master Builders Association o
PERTH-BASED engineering firm, GRD Minproc Ltd, has won the premier's award for excellence at this year's WA Industry and Export Awards, held last week.
Rising feedstock prices and a lack of government support are threatening to derail the Western Australian biofuels industry, with the state's biggest biodiesel player suspending production at its two facilities.
AN $11 million research collaboration designed to unlock stranded offshore oil and gas reserves through improved subsea pipeline design was launched in Perth last week.
