New Perth company Digital Mapping Australia Pty Ltd, the first Australian company to offer full digital aerial mapping, has established its head office in East Perth and signed up its first project, all in the same week.
Lionore Australia will spend more than $250 million on short-term upgrade and development for its Western Australian nickel assets to push nickel production from 19,000 tonnes a year to over 30,000tpa by the end of 2006.
Rising costs somewhat dampen the enthusiasm that surrounds a significant increase in exploration expenditure by listed juniors in the June 2005 quarter.
An emerging Perth-based sub-sea engineering and offshore services company is on the verge of a major breakthrough in the booming international oil and gas sector.
Western Australia’s top dividend payers are the producers, providing goods and services, as opposed to those paying shareholders off on soaring share prices fuelled by rising commodity prices.
Nickel developer Western Areas is scheduling production by the middle of next year after already rewarding shareholders who have been in the stock for as little as two months.
Companies in the resources industry have provided the best shareholder returns in Western Australia during the past three years, with only two of the top 10 performers outside the sector.
Uranium exploration stocks are grabbing the spotlight at the top end of Western Australia’s best performing companies in a continuingly dominant resources sector driven by rising commodity prices.