Staff Reporters

Perth-based Axiom Properties has signed Bunnings as an anchor tenant for its Islington Railyards bulky goods and hardware development in South Australia.

Red Emperor Resources has announced an $11 million capital raising plan to fund exploration programs in Georgia and Puntland.

Brockman Resources and FerrAus have refuted claims they are embroiled in merger discussions.

Breakaway Resources says the strong copper price outlook has kick-started exploration around the recently re-opened Eloise copper mine in north-west Queensland.

Atlantic has appointed Electrical Construction & Maintenance Australia and Kerman Contracting to complete development works at the Windimurra vanadium project, 600 kilometres north of Perth.

Carrick Gold says it is on the path to production in 2012, after appointing former North Queensland Metals boss John McKinstrey as chief executive.

Fresh from last week's $130 million project news, Diploma Group has secured a 2,634 square metre site in Midland for a $25 million, 60-apartment mixed-use complex.

Stockmarket darling Doray Minerals says its share purchase plan has been received well by investors, closing oversubscribed and raising a total of nearly $4 million.

Canada-focused minerals explorer Glory Resources has made an impressive debut on the Australian Securities Exchange, spiking to a 35 per cent premium on its issue price in its first day of trading.

Venturex Resources says it will raise $36.8 million to acquire the Panorama copper and zinc mine in the Pilbara from CBH Resources.

Diversified minerals explorer Atlantic has struck an agreement with a Chinese-backed manufacturing group and a Hong Kong-based commodities trading firm for the sale of 100 per cent of production from its Windimurra vanadium mine.

Perth-based Empire Beer Group has moved to bolster its financial position, launching a $1 million capital raising.

Sparks are flying in the boardroom at Vmoto, with warring directors Russell Goodman and Trevor Beazley both subject to resolutions to remove them from the scooter retailer's board.

The Western Australian Court of Appeal says Western Areas Exploration waited too long before bringing a claim against Terry Streeter and David Cooper, ruling WAE was not entitled to $60 million in damages awarded last year.

Vmoto shares have hit a 52-week low after one of its significant shareholders reduced their exposure to the Perth-based scooter retailer, just days after former boss Russell Goodman threatened to sell his stake after being dumped as executive chairman.

BHP Billiton says two of its natural gas projects in Victoria will cost the company about $1.1 billion more than expected, after mercury contamination and fabrication issues blew out production timelines.

Diploma Group has been given the green light to construct $130 million worth of new projects in the CBD, with the City of Perth approving apartment plans at Pier Street and Adelaide Terrace.

Spain-focused uranium hopeful Berkeley Resources has announced the completion of a fully underwritten $55 million share placement at $1.70 per share.

The state government says $52 million will be injected into the local economy by business visitors over the next five years, with the Perth Convention Bureau on track to secure over $100 million in business events during the 2010-2011 financial year.

The financier for Moly Mines' Spinifex Ridge molybdenum project in the Pilbara says it is still committed to the project, despite delays in securing project approval.

Australian Building and Construction Commissioner Leigh Johns has confirmed the investigation of claims of underpayment on a $13 million government housing project in Northbridge.

Perth-based residential developer Aspen Living has launched a $7,500 cash rebate for buyers who purchase land in its Byford on the Scarp estate, near Armadale.

Brisbane Hotel publican Geoff Hayward is getting set to launch his latest hospitality venture, with the multi-million dollar redevelopment of the Floreat Tavern into The Boulevard Hotel.

The new West Australian president of the Master Builders Association says his top priority for 2011 is to continue the push to streamline the building approvals process.

Transport Minister Troy Buswell has announced a shakeup for Western Australia's regional skies, with competition introduced on two popular routes, from Perth to Exmouth and Perth to Geraldton.

The state government has launched two initiatives to make housing more affordable in the Pilbara, with the relocation of the Port Hedland wastewater treatment plant and the release of 47 hectares of South Hedland land for key worker and indigenous housing

MMG Golden Grove has launched a campaign to reassure Geraldton residents it is taking appropriate action after its operations were suspended due to a lead sulphide scare at Geraldton Port in November.

Midland-based safety barrier company Yarnell has been fined $20,000, after an employee suffered serious crush injuries to their lower leg and foot.

Hanlong Mining has appointed former WA Newspapers and Western Power chairman Peter Mansell to help achieve the company's aspirations of becoming a large international mining house.

The state opposition says its time to put the brakes on electricity price hikes, after state-owned generator Verve Energy posted a higher than expected profit of $51.2 million.

Global Advanced Metals has announced the reopening of its Wodgina and Greenbushes tantalum projects in the Pilbara.

Vmoto executive chairman Russell Goodman has stepped down, as the Perth-based scooter distributor announced it would review plans to relocate its head office to Queensland, just three weeks after announcing the plan.