Yilgarn Infrastructure Limited has welcomed the announcement by the WA government of plans to release the Request for Proposal for the right to build a $1.5 billion deepwater port at Oakajee in the state's Mid West region.
West Perth-based mineral explorer Dominion Mining Ltd has announced a $14 million net profit after tax for the six months to December 2007, off the back of strong operational performance by its Challenger Gold Mine in South Australia.
Darrel Jarvis' 10 year attempt to build a global wine group may have come to an end following Palandri Wine Group's decision to appoint voluntary administrators today.
Henderson-based shipbuilder Strategic Marine has added to its burgeoning order book by securing contracts US$14.37 million ($16.15 million) for a further three aluminum hulled boats from an Indonesian company.
Mineral drilling company Swick Mining Services Ltd has announced a record first half profit and an upgrade to its full year earnings forecast, as it continues its market expansion.
Perth-based Eden Energy Ltd is planning to transfer its Australian geothermal assets to subsidiary company, Terratherma Ltd, ahead of a potential $20 million initial public offer.
Electrical engineering and control systems company, LogiCamms Ltd, is set to acquire Queensland-based Paterson Flood Engineers Pty Ltd and Competency Training Pty Ltd, for a total consideration of up to $12.1 million.
Integrated recycling group, CMA Corporation Ltd, has announced a $7.4 million net profit for the half year, a 159 per cent increase on the 2006 interim result.
Futuris Corporation subsidiary, ITC Ltd, together with Timbercorp Ltd, have negotiated a record increase in the benchmark sale price of certified plantation grown hardwood woodchip with the Japanese.
Patersons Capital Partners - a joint venture between former Alinta Ltd executives and stockbroking firm, Patersons Securities - has partnered with West Perth-based optical products provider, C@ Ltd, to examine the potential establishment of carbon sequest
One of Malaysia's biggest oil and gas companies, Petronas, had approached the Geological Survey of WA for help in establishing a drill core library in their Kuala Lumpur office.
West Perth-based gold and base metals explorer, Brumby Resources Ltd, has expanded its portfolio of Pilbara iron ore tenements with the acquisition of six Yule River tenements from Resource and Investment NL.
Empire Resources Ltd has secured additional cash to explore and develop its advanced copper gold projects after agreeing to sell its Yarlarweelor uranium project in Western Australia for $1.75 million.
Automotive Holdings Group Ltd has announced a record interim net profit for the half year to December 2007 of $23.7 million from continuing operations, an increase of 110 per cent on the previous corresponding period.
West Perth-based gold and base metals explorer, Centaurus Resources Ltd, has raised $7 million through the issue of 3.7 million shares at $1.90 per share, to institutional and sophisticated investors.
Subiaco-based mineral exploration company Venture Minerals Ltd has secured $6.38 million in funds for further exploration at its Mount Lindsay magnetite tin project in Tasmania.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
Boutique brewing company Little World Beverages Ltd has reported a 20.6 per cent boost in total revenue to $16.7 million in the half-year ended December 2007.
Western Australia's biggest electricity supplier, Western Power, is under pressure to lift its service standards following the release of a critical report by the Economic Regulation Authority today.
Premier Alan Carpenter has announced a reallocation of state cabinet portfolios with indigenous affairs minister Michelle Roberts set to hand over her employment protection portfolio to minister Jon Ford.
Henderson-based ship builder, Austal Ltd, has announced a net profit after tax of $29.9 million for the six months to December 2007, up 35 per cent on the $19.4 million achieved in the 2006 corresponding half.
Perth-based drug discovery company, Phylogica Ltd, has announced the appointment of former president of pharmaceutical giant Bristol-Myer Squibb (Europe), Aki von Roy, as the company's executive chairman.
Perth-based Mallee Gold Corporation Ltd has formed an alliance with Metals Finance Corporation to develop mineral resources projects in the United States.
Perth-based internet service provider, EFTel Ltd, has won an interim determination for cost relief from the Australian Competition and Consumer Commission regarding its line sharing access dispute with Telstra Corporation Ltd.
Aspen Group Ltd has resported an underlying net profit after tax of $19 million for the half year, representing a 63 per cent increase on the corresponding period.
Portman Ltd reported a full year net profit for 2007 of $96.6 million, down almost 17 per cent compared with the previous year, blaming the rising Australian dollar, hedge book movements, higher costs and an unfavourable sales mix.
Head office relocation costs and IT integration costs have continued to hamper automotive and industrial parts business Coventry Group Ltd which reported a normalised profit after tax of $3.9 million, down 42 per cent.
Listed WA property group Port Bouvard Ltd has advised the market that it had decided not to proceed with the syndication of its Oceanique Luxury Apartment development.
Cedar Woods Properties Ltd has reported an interim net profit of $4.6 million, maintaining its full year net profit forecast of approximately $20m, which will be a record for the company.
Earthmoving player NRW Holdings Ltd announced an interim net profit of $22.3 million, which it says puts it on track to at least achieve its full-year prospectus forecast of $40.2 million. Shares in the company were marked down almost 6 per cent today.
