West Perth-based industrial company Schaffer Corporation Ltd has announced a net profit increase of 26 per cent to $10.3 million for the 2006-07 financial year, up from the $8.1 million earned in the previous financial year.
Perth-based biotechnology company pSivida Ltd has commenced enrolment for the first studies of absorption, distribution and metabolism of its diabetic macular edema treatment Medidur, the company has announced.
Chinese steel producer Shougang Equities has opened an office in Perth, according to Perth-based iron ore hopeful Australasian Resources Ltd, and will transfer 12 staff to commence work on the company's Balmoral South iron ore project.
West Perth-based metals explorer Azure Minerals Ltd has applied for a 258 sqkm mining concession with potential for zinc, copper, molybdenum and uranium mineralisation in the state of Chihuahua, Mexico, the company has announced.
Polaris Metals NL has announced today the results of Prodemas consultants independent economic evaluation study of the Yilgarn Iron Ore project which finds a potential resource inventory of 150-200Mt and a project life of 10-20 years.
Perth-based uranium explorer Oklo Uranium Ltd has been granted an extension to its exploration licence in Mali until February 15, the company has announced.
West Perth-based base metals producer Kagara Zinc Ltd has recorded a 152 per cent increase in net profit, up to $89.8 million in the 2006-07 financial year, but down on expectations.
West Perth-based minerals developer Dwyka Resources Ltd will sell its diamond and industrial subsidiary Dwyka Diamonds Holdings Ltd to UK-based KimCor Diamonds Plc through a scrip issue worth around $21.7 million.
West Perth-based nickel producer Mincor Resources NL has increased its net profit to $101.3 million, a new record for the company and a 246 per cent increase on the previous year's net profit of $29.3 million.
East Perth-based Fleetwood Corporation Ltd will build and install 388 additional rooms at its Searipple Village development in Karratha under a contract worth $58 million with Woodside Burrup Pty Ltd.
Applecross-based engineering company Monadelphous Group Ltd more than doubled its net profit in the 2006-07 financial year, reporting a post-tax profit of $60.4 million, up 106 per cent.
Northbridge-based VDM Group Ltd subsidiary Civmec Construction and Engineering Pty Ltd has been awarded a $23 million construction contract by Monadelphous Group Ltd for work at Xstrata's Mt Isa mine.
Balcatta-based transport systems group ERG Ltd has reported progress with its major ticketing projects but has predicted a net loss for the 2006-07 financial year of around $15 million.
Former Shell Australia non-executive director Philip Thick has been appointed a director of the Esperance Port Authority Board, replacing former Ravensthorpe Shire President Rusty Lee.
Yilgarn Infrastructure has secured a $750 million funding deal with five Chinese steel companies for the development of railway and port infrastructure in the Midwest, should the proposal win WA Government approval.
West Perth-based Uranium Equities Ltd's 16.6 per cent-owned subsidiary Urtek LLC will develop process technology for uranium extraction under an agreement with what the company calls a significant phosphoric acid producer.
Engineering services firm RCR Tomlinson Ltd, which today reported a modest increase in net profit, has reached an agreement to make its sixth acquisition in the past 18 months.
Perth-based gold explorer Sub-Sahara Resources NL has increased its stake in the Zara joint venture project, a gold licence in northern Eritrea, to 69 per cent after spending around $4.1 million on exploration.
Perth-based professional services company L7 Solutions has won a $2 million contract to upgrade the information technology infrastructure at Murdoch University, the company has announced.
The State Government has normalised power supplies in the Coral Bay area, after completing a $14 million energy supply project with the unveiling of new wind turbines at the Coral Bay wind farm and power station over the weekend.
West Kalgoorlie-based AVKO Mining Pty Ltd has been named 2007 Telstra Western Australian Business of the Year, and will represent the State in the national awards, to be presented later this year.
The field was spread wide when Western Australia's best web designers and developers were honoured with awards in 13 categories at the third annual WA Web Awards.
For the first time since September 2006, the market capitalisation of Western Australian listed companies on the Deloitte WA Index decreased by 5.3 per cent, closing at $157 billion in the month of July.
After selling 80,000 shares in earthmoving equipment supplier Emeco Holdings Ltd during yesterday's market turmoil in order to meet margin calls, company director Stuart Fitton has resigned from the board.
The $8 billion bid for energy utility Alinta by Singapore Power International and Babcock and Brown Ltd has won the approval of the Federal Court, Babcock & Brown has announced.
The Jandakot base of the Royal Flying Doctor Service has received a $1 million grant from Lotterywest to assist in redevelopment of both the base and adjoining patient transfer hangar.
Perth-based internet service provider iiNet has signed a deal with New Zealand-based Tomizone, giving its customers free Wi-Fi access to Tomizone Hotspots around the world, as well as allowing users to set up their own.
UAE-owned and Perth-based Lamnalco (Australia) Pty Ltd will supply a specialist offtake support and supply vessel to Woodside Energy for use at its Vincent Development Project, after signing a five year deal with the company.
The Association of Mining and Exploration Companies has called for a summit on the long-term sustainability of the mining industry in Western Australia, citing over-regulation and a lack of incentives for mineral exploration as "problem areas".
West Perth-based iron ore and gold explorer Royal Resources Ltd has completed the staking of a second uranium project over 51 sqkm in Colorado and Utah in the United States.
West Perth-based iron ore explorer Atlas Iron Ltd will acquire two Midwest mining leases in the Jack Hills and Mt Weld areas for $13.2 million in staged cash and scrip payments.
West Perth-based engineering services company Neptune Marine Services Ltd has completed the acquisition of Tri-Surv Pty Ltd, paying $16.4 million in cash and scrip for the specialist hydrographic surveying company.
