Gold outfit CGA Mining says it will raise $C74.8 million ($A78.5 million) through a private placement to pay down debt and ramp up exploration efforts at its Masbate project in the Philippines.
Lend Lease Group has won a bid to become the preferred proponent for the first stage of the $400 million new Alkimos residential development, north of Perth, while Mirvac and the Satterley Alkimos Consortium have been named as reserve proponents.
Perth-based Eastland Medical plans to offload more subsidiaries after it today accepted a $1.8 million offer to sell subsidiary Medical Industries Australia.
Lawyers and company directors have welcomed the federal government's move to reverse the impact of High Court's Sons of Gwalia ruling but one expert believes the move is unnecessary.
Chevron has awarded a $20 million contract to Golder Associates to carry out geotechnical investigations for the construction of a liquefied natural gas plant for the Wheatstone project.
Australia has beaten Pakistan by 232 runs in the third and final Test in Hobart, giving the host its fourth consecutive 3-0 series victory against the tourists.
Pakistan has stumbled to four for 94 at stumps of day two of the third Test in reply to Australia's eight for 519 declared, as Ricky Ponting notches up his fifth Test double century.
Shareholders in West Perth-based Barra Resources will have priority in new float Wild Acre, which is seeking up to $2.5 million in its initial public offer.
Australia is leading by 501 runs with three wickets in hand on the second day of the Third Test, after captain Ricky Ponting ended his batting reign at 209 runs.
Perth's median house price is poised to break through its 2007 peak soon, pushed higher by renewed activity from trade-up buyers towards the end of last year.
Rio Tinto has reported a 54 per cent quarter-on-quarter increase in Pilbara iron ore production for the December quarter while global iron ore sales reached a new record.
The state's unemployment rate for December has dipped to 5.1 per cent as the number of people employed in a full-time capacity dropped, new figures show.
Creditors of collapsed Oz Brewing have been forced to wait even longer to receive any kind of payment after further delays to the fulfilment of the deed of company arrangement (DOCA).
Base metals trading house Tennant Metals says it will seek damages from BC Iron because the iron ore mining hopeful terminated a contract between the parties.
Australia's highest-selling car manufacturer has predicted improving market conditions in 2010 after the latest vehicle industry figures indicated new motor vehicle sales were 15.9 per cent higher in December 2009 than a year earlier.
Danny Cloghan, whose prior roles include being chief of staff to former health minister and attornery general Jim McGinty, is among six new appointments to Fair Work Australia.
Shares in Iron Ore Holdings have been placed in a trading halt as it continues talks with Rio Tinto over the possible sale of it Iron Valley deposit in the Pilbara.
A higher Australian dollar combined with lower commodity prices is expected to more than offset higher production volumes for the nation's resources sector, with export earnings tipped to fall 20 per cent in 2009/10.
Subiaco-based Sylvania Resources has conditionally raised nearly $18 million from a new institutional investor, with funds to be used for development and acquisitions.
Boom Logistics has won a contract to supply cranes and associated services for the construction of the $500 million accommodation village for the Gorgon gas project.
Shares in Bannerman Resources closed down 28 per cent after the release of prefeasibility study results pegged the capital cost of the Etango uranium project in Namibia at $US555 million ($A609 million).
Perth-based Rio Tinto executive Danny Goeman has been announced as the miner's new lead iron ore price negotiator for the company's Asian iron ore division.
St Barbara says it received strong support from existing shareholders for its $124 million capital raising, with the gold miner today completing the retail component of the offer.
Perth-based Mantra Resources will raise a total $C67.2 million ($A70 million) from North American and European institutional investors for its Mkuju River uranium project in Tanzania.
The local economy should take heart in the increase of full time jobs in November despite the unemployment rate rising by 0.2 per cent, the Chamber of Commerce and Industry WA says.
