West Perth-based Sphere Investments Ltd has issued a 13 per cent interest in the company to Saudi Iron and Steel Company - a wholly owned affiliate of Saudi Basic Industries Corporation.
Mineral explorer and producer Dominion Mining Ltd posted a first half profit after tax of $68,000 after the charging of $10.2 million in accounting adjustments and the bringing forward of an income tax benefit of $5.8 million.
Gold and iron ore explorer Gindalbie Metals Ltd has announced it has allotted shares to raise $17.4 million to facilitate development of its wholly owned Karara iron ore project in the mid west.
Burswood-based wireless telecommunications company Wavenet International Ltd has recorded a half year net profit of $884,141, an increase of 307 per cent compared to a loss of $427,781 for the previous corresponding period.
Australia's third largest Internet Service Provider, Perth-based iiNet Ltd, has announced a $15 million investment in its next generation ADSL2+ network, which will increase coverage to 90 per cent of metropolitan Australia.
Perth-based Mineral Securities Ltd has entered into agreements to acquire a further 680,336 shares in Platmin Ltd from existing Platmin shareholders for $US13.6 million ($A18.4 million).
Shares in Leederville-based mineral explorer Smarttrans Holdings Ltd increased 35 per cent today after announcing it has reached agreement in principle with Zinifex Ltd to enter a joint venture.
A new long term agreement has been signed between Japan power generation utility Chugoku Electric Power Co., Inc and Australia's largest resources project, the North West Shelf Venture, for the supply of liquefied natural gas.
A joint venture between Western Australian companies SpectrumData and Access Information Management has won a three-year multi-million dollar contract to manage and store Woodside Energy's petroleum exploration data assets.
Oil production company Incremental Petroleum Ltd released its first preliminary final report covering the three month operating period ending 31 December 2005.
Employers and workers in the Great Southern will be able to have their say on ways to reform the state's apprenticeship and traineeship system at a public forum in Albany today.
The Western Australian Industrial Relations Commission has agreed to hear a claim by the Trades and Labor Council for a 4 per cent general wage increase.
Kardinya-based Central Petroleum Ltd has announced that its initial public offering raised over $10.6 million in equity with support from local and overseas institutional investors making a total of over 650 shareholders on the register.
Tourism Minister Sheila McHale today said the number of international visitors to Western Australia had increased by 8.2 per cent in the past year to a record number of 635,200.
As the WestPoint saga continues to attract widespread media interest, the Australian Direct Property Investment Association reminds investors that while good news travels fast, bad news still travels a lot faster.
NewGen Power today announced it had been given the final go-ahead for the construction of its 320MW gas fired power station at Kwinana, south of Perth in Western Australia.
West Perth-based metal producer Kagara Zinc Ltd has announced its half-year results, headlined by a net profit of $5.4 million, a 31 per cent increase over the same period in 2004.
Nickel producer Jubilee Mines Ltd has provided notification that it has now expended $3 million at the Acra Joint Venture project, which includes Pioneer Nickel Ltd, thereby earning Jubilee a 60 per cent interest in the project.
The Corruption and Crime Commission today cleared the Minister for Police and Emergency Services, Justice, Community Safety, John D'Orazio, of allegations of misconduct.
Recently listed Western Australian tech-company Quickstep Holdings Ltd has announced it has signed a key partnership agreement with the University of Manchester in the United Kingdom to showcase the company's technology to European customers.
Perth-headquartered minerals explorer Goldstar Resources NL has significantly expanded its regional tenement position at the Walhalla Gold Project in Victoria's East Gippsland region by 45 per cent.
Western Australian resources player Consolidated Minerals Limited announced a reduced half-year after tax trading profit of $7.4 million, reflecting the impact of lower manganese and nickel prices.
