Dan Wilkie

Gold miner Regis Resources is looking to consolidate on a solid financial 2012, after recording a $68 million net profit on the back of a 58 per cent spike in revenue from gold sales.

Property developer Diploma Group has been asked to explain the circumstances surrounding its $25.5 million net loss for the 12 months ending June 30, which was announced late last week.

Global Construction Services has re-priced its $32 million capital raising at 60 cents per share, with managing director Enzo Gullotti saying the company could not have picked a worse time to go to

Global Construction Services is assessing its options after pulling a $32 million capital raising, after failing to attract the support of investors.

Fleetwood Corporation has announced it is shifting its Windsor caravans manufacturing facilities to its Western Australian base.

NRW Holdings says Fortescue Metals Group's decision to defer $1.6 billion of capital expenditure in the Pilbara will result in a $100 million hit to its revenue.

TFS Corporation shares have jumped after the sandalwood plantation manager announced global investment bank Moelis & Company had been appointed to assist in a strategic review of operations.

Medical research firm Avita Medical has announced a proposal to raise up to $10 million, with Octa Phillip Bioscience Managers committing to tip in $3 million.

The development industry has welcomed new guidelines released by the state government today for the preparation of structure plans.

Macmahon Holdings has become the latest WA-based engineering and construction contractor to say Fortescue Metals Group's deferall of expansion plans will have little to no effect on its bottom line

Chalice Gold Mines is cashed up and on the lookout for acquisitions after completing the sale of its Zara gold project in Eritrea to China’s SFECO Group and the Eritrean National Mining Corporation

Chinese visitors spent more than $150 million in Western Australia over the last 12 months, after visitor numbers surged by 43.3 per cent over the previous year.

Police & Nurses Mutual Banking says it is confident of growth in 2013 despite lodging a dip in profit in difficult trading conditions over the 2012 financial yaer.

Perth hotel rooms experienced the largest jump in occupancy and room rates in Australia in the first half of 2012, with lodging prices rising to 21 per cent above the national average, new research

Breakaway Resources has signed a joint venture agreement worth $8 million with Sandfire Resources, to explore the Altia base metals project in north-west Queensland.

Construction group Global Construction Services has announced a $32.1 million capital raising plan to reduce its debts and provide additional capital to achieve a 20 per cent growth target over the

Troubled developer Port Bouvard has appointed Azure Capital to assess its strategic options in the wake of a loss of $103.5 million for the 12 months ended June 30.

The state government has unveiled the proposed route for its light rail system, with nearly $12 million of state funds committed to fine-tune the plan.

The state’s peak business body has tipped the state's two-speed economy to become more pronounced, with conditions outside of the resources sector to get more challenging as business investmen

Regional airline Skywest says it is confident of further growth despite notching a fall in net profit for the year ended June 30.

Neptune Marine has lodged a net loss of $39.9 million for the year ended June 30, after taking a goodwill impairment to the tune of $35 million following a review of the performance of its individu

Iron ore miner Grange Resources has become the latest miner to report it will be unaffected by the federal government’s mineral resource rent tax, after reporting a solid net profit for the half ye

West African Resources has completed a $4.4 million share placement to fund exploratory drilling at its Sartenga gold deposit in Burkina Faso.

Embattled developer and funds manager Aspen Group has painted a gloomy outlook for its residential and commercial property syndicates, after launching a strategic review in the wake of a near-$100

Uranium miner Paladin Energy says it is looking forward to a year free of construction and commissioning activities after lodging a net loss of $US172.8 million for the 12 months to June 30.

Construction and contracting group VDM says it expects to build on positive momentum built in the second half of the 2012 financial year, after lodging an annual loss of $54.8 million.

Australia’s largest property developer, Stockland, has confirmed it has sold 45 St Georges Terrace for less than what it paid for the building in 2006.

Fabrication and construction company AusGroup says added to a string of contractors reporting strong profit growth on the back of resource sector construction projects.

iiNet managing director Michael Malone has taken home $13.2 million after selling 4 million shares in the internet service provider he founded.

MacPhersons Resources has raised an additional $4 million for exploration at its Nimbus silver project near Kalgoorlie, following on from securing an $8.6 million investment from USA-based RK Mine

Environmental groups have welcomed new rules for hydraulic fracturing, or 'fracking', introduced today by the state government, but have stopped short of throwing their full support behind the new

PMI Gold Corporation says it is set to make a final investment decision at its Obotan gold project in West Africa in the fourth quarter of 2012, after releasing a feasibility study today which put