Staff Reporters

Talisman Mining is set to sell its WA iron ore projects at Wonmunna and Uaroo for $41.35 million to E-Com Multi in a cash and scrip deal.

Paladin Energy has upgraded the ore estimate at its Langer Heinrich mine in Nambia by 104 per cent to 60,830 tonnes.

Tony Sage-led Cape Lambert Resources has recorded a $72.2 million net profit after tax for the 2010 financial year, largely as a result of the sale of the Lady Annie Copper Project in Queensland.

Former WA Newspapers director and Transfield Services director Mel Ward has died.

Explorer and miner Gippsland says it has received firm commitments to raise $3.2 million via a share placement to help fund the development of its key project in Egypt.

Perth-based Coalspur Mines has announced plans for an $80 million capital raising and hopes to use the funds to accelerate the development of its Vista Coal Project in Canada.

Leederville-based Fe Limited says the first drilling program at its Mt Elvire Iron Ore Project at Yilgarn has exceeded expectations.

Several national parks around the state are set to benefit from $20 million in funding from the Royalties for Regions program.

The finalists for the 2010 WA Innovator of the Year award announced today come from a range of sectors and industries.

New laws allowing retailers across Perth to open on weeknights until 9pm will come into effect from November 1.

Osborne Park-based Joyce Corporation has sold a Queensland property for $7.5 million and will use the majority of the proceeds to reduce the company's bank debt and improve gearing ratios.

Territory Resources has announced a $41.3 million net profit after tax for the 2010 financial year, a $112.7 million turnaround compared to the previous corresponding period.

West Perth-based AusAmerican Mining has announced it has made a potentially large rare earth discovery in the US state of Arizona.

Clough CEO John Smith has cashed in $2.4 million worth of shares in the engineering and construction company after exercising three million options.

Mitsubishi Corporation says recent press speculation claiming the Japanese conglomerate wants to pull out of building a new iron ore export port at Oakajee near Geraldton is "completely groundless".

WA's electricity generator Verve Energy has signed a multi-million dollar information technology contract with Fujitsu to manage the company's customer service.

Woodside Petroleum says a floating LNG plant remains its preferred option for the Greater Sunrise gas field, after an East Timor official said Woodside was reviewing other processing options.

The Australian Securities and Investment Commission has charged a former director of Cape Bonbon with three counts of steeling.

West Perth-based Troy Resources has announced it has begun milling ore at its Casposo project in Argentina and expects the first gold will be poured next month.

West Perth-based Carnegie Wave Energy has joined forces with Ireland's national energy authority to develop a wave energy project.

The Australian Mines and Metals Association has welcomed the appointment of Leigh Johns as the new Commissioner of the Australian Building and Construction Commission.

Pindan managing director George Allingame has been appointed chair of the Commission for Occupational Safety and Health.

Aurora Biofuels, Green Rock Energy and the City of Kalgoorlie-Boulder are set to share in $8 million in state government funding for new low emission energy projects.

Prominent geologist Mark Creasy has purchased 600 million unlisted options in gold explorer Sirius Resources from Apex Minerals.

Sales of new homes have fallen for the fourth month in a row, prompting a peak housing construction organisation to warn of the risk to the industry if interest rates are pushed up too soon.

Atlantic has appointed Michael Marriott as the chief executive officer of its wholly owned subsidiary Midwest Vanadium.

Shares in Crescent Gold have closed slightly higher after the company announced a large increase in its gold reserves at its Laverton project.

Junior oil and gas explorer Apollo Gas has agreed to a $145 million takeover offer by coal seam gas project developer and Arrow Energy-spin off Dart Energy.

An issues paper on the minerals resource rent tax is expected to be released soon ahead of the first meeting of the federal government's Policy Transition Group in Perth in nine days time.

Perth-based gold explorer Burey Gold has announced plans for a $6 million share placement and hopes to use the funds raised to carry out exploration across the company's mineral properties in West Africa.

Perth-based Central Petroleum has conditionally raised $19.35 million through a placement and an underwritten share purchase plan.

Gold explorer Alchemy Resources has intersected wide intervals of gold mineralisation during an eight-hole RC drilling program at its Magnus Copper-Gold project in the Murchison.