Murchison Metals Ltd has posted a full year net profit of $56 million for the 2008 financial year, a turnaround from the previous year's loss of $45 million.
Oil Basins Ltd has applied to the Supreme Court of Western Australia for an urgent hearing into an alleged breach of obligations by a Perth-based Australian Worldwide Energy Ltd subsidiary over licences in the Canning Basin.
Ausdrill is one step away from securing a $100 million, five-year drilling contract with South African producer Gold Fields Ltd over its St Ives and Agnew gold mines in Western Australia.
The Federal Court has ordered Victoria-based Oil Basin Ltd to pay costs related to its proceedings launched against Perth-based companies ARC Energy Ltd and Buru Energy Ltd.
Lawyers representing the voluntary administrators of the Palandri group of companies are scheduled to appear in the Supreme Court of Western Australia on Monday in an attempt to have the group's managed investment schemes wound up.
Nedlands-based software provider ISS Group Ltd has entered into an underwriting agreement with Paterson Securities Ltd for its proposed $13 million return of capital to shareholders.
Redcliffe-based construction services company Global Construction Services Ltd has launched a new plant hire business division in the Perth metropolitan region.
Cape Lambert Iron Ore Ltd has today received the second payment as part of the $400 million sale of its namesake iron ore project to MCC Mining (Western Australian) Ltd, a wholly owned subsidiary of China Metallurgical Group Corporation.
An ANZ loan to oil and gas services company Rheochem plc has increased from $8 million to over $20 million, in a move which the firm said will provide security for the business to grow.
Former chief executive officer of Alinta Infrastructure Holdings, John Cahill, has been appointed as an independent non-executive director of mining services company Emeco Holdings Ltd.
The Chamber of Commerce and Industry of WA has warned proposed changes to the national awards system will be a financial and regulatory setback for a large number of businesses across the state.
Shareholders in bamboo flooring products company Style Ltd have voted against a board shake-up brought on by major stakeholder Merim Pty Ltd in what has been called by the chairman a "cheap takeover".
South Perth-based Nomad Building Solutions Ltd subsidiary Rapley Wilkinson Property Pty Ltd has been awarded a $65 million contract to develop and construct a Karratha resort.
Civil contractor Brierty Ltd has secured a Northern Territory housing works contract with developer Urban Pacific valued at around $38 million over five years.
Perth-based barramundi farmer Australis Aquaculture Ltd has signed a deal with United States supermarket retailer Safeway Inc to supply its produce to all 1740 stores.
A subsidiary of Belmont-based property developer Diploma Group Ltd has secured a contract to construct an office complex in Osborne Park valued at nearly $9 million.
Panoramic Resources Ltd has struck a deal with BHP Billiton Nickel West to supply more nickel ore for processing from its Lanfranchi project in Western Australia in the 2009 financial year.
Bell Potter Securities Ltd has been fined $145,000 by the ASX Disciplinary Tribunal for breaching trading and record keeping rules for the dealing of shares in Victorian company Genetic Technologies Ltd.
Corporate executives who are remunerated via shares and options will continue to be subject to close scrutiny from the Australian Tax Office this financial year, according to Deloitte Reward partner Joe Tropeano.
Shares in Leederville-based Gladiator Resources Ltd have surged over 46 per cent on a proposal by directors to raise over $1 million to advance exploration programs and acquisitions.
Subiaco-based drug discovery company Phylogica Ltd has signed a joint agreement with researchers in the United Kingdom for the development and commercialisation of novel cancer drugs.
West Perth-based Apollo Minerals Ltd has signed a native title agreement with the Ngarluma People, traditional owners of the land where the company's Mt Oscar iron ore project is located.
Perth-based engineering company Emerson Stewart Ltd has boosted its order book value to $46 million after it secured three new contracts with Apache Energy Ltd, Peet Ltd and Straits Asia Resources Ltd.
The Labor Party says it has exposed a shortfall in the Liberal Party's costings for the Princess Margaret Hospital with Labor saying the opposition has only allocated $8 million in its budget as opposed to its $640 million promise.
The skyrocketing popularity of bulk commodity coal has Nedlands-based internet technology developer Ezenet Ltd taking a closer look at coal tenements in Malawi.
Redcliffe-based Global Construction Services Ltd has completed its 75 per cent acquisition of hire and sales provider Coastal Hire Pty Ltd, worth $4.5 million.
Land and mortgage sales in Western Australia have plummeted to historic lows, as the Master Builders Association of WA forecasts a slow down in the residential property sector in the short-term despite yesterday's rate cuts.
The battle between Oil Basins Ltd and Buru Energy Ltd, a spin-off from the merger of ARC Energy and Australian Worldwide Exploration, has heightened following a force majeure declaration over the Blina Back Reef Play joint venture.