Canadian miner First Quantum Minerals is budgeting a further $US150 million to bring the Ravensthorpe nickel mine into production within 18 months, after it today announced it had bought the operation from BHP Billiton.
Shares in BHP Billiton and Rio Tinto have dropped as the mining giants enter the next stage of merging their Pilbara iron ore assets, expected to deliver more than $US10 billion in savings.
The Chamber of Commerce and Industry WA has welcomed several changes by the Australian Industrial Relations Commission to the new awards system, which is due to start in several weeks.
Perth companies Kagara and Mermaid Marine Australia have been added to Standard and Poor's ASX 200 index, as part of the ratings agency quarterly rebalance of its indices.
New vehicle sales in Western Australia have risen for the first time in a year as small businesses rushed to take advantage of the government's tax break, new figures show.
The partners in the Woodside-led Browse Basin gas project must spend $1.25 billion within the next three years under the terms of a lease renewal offer made by the federal and state governments.
ETW Corporation, the listed shell of winemaker Evans & Tate, is planning to change its name to Alexium International Group after agreeing to buy a UK company developing a patented process called 'reactive surface technology'.
Northbridge-based Impact Minerals plans to raise $5 million through a placement managed by Hartleys, to ramp-up exploration at its Bostwana uranium project.
Fox Resources says it will restart production at its Radio Hill operation in the Pilbara earlier than expected and has forecast $16 million in savings in the first year of operation.
ANZ Banking Group says it has no material exposure to Dubai World, the debt-laden key holding company of theDubai Government while the Commonwealth Bank of Australia is keeping quiet on its possible debt exposures.
The Australian stock market slumped 2 per cent at open today after large falls in world markets as Dubai asks for a six-monthrepreive on its $63 billion debt.
The fallout from Opposition Leader Malcolm Turnbull's support for an emissions trading scheme has prompted five of the Liberal Party's frontbenchers, including Tony Abbott, to resign today.
Perth-based engineering and construction contractor AusGroup has added to its order book by winning a $100 million contract with BHP Billiton Iron Ore.
New data has further confirmed the downward trend in new vehicle sales in the state with the Australian Bureau of Statistics showing sales slumped nearly 10 per cent in the year to September.
The receivers of Great Southern have today made public its preference for timber company Gunns to assume responsibility for most of the collapsed company's plantation schemes.
Woodside Petroleum's credit ratings are under pressure after the oil and gas producer said costs at its Pluto LNG project had blown out by up to 10 per cent.
Nedlands-based Advanced Share Registry has tipped an 85 per cent increase in earnings on the back of higher activity on the Australian Securities Exchange.
Property developer Port Bouvard anticipates that its balance sheet restructure will be completed in December, allowing its shares to resume trading on the ASX.
The average weekly wage in Western Australia has proven itself resilient against the economic downturn, growing 7 per cent in the last year to a seasonally adjusted $1,306.30, new figures show.
The state government has selected a $600 million upgrade of road links around Perth airport and a $470 million improvement in town infrastructure in the Pilbara as its top capital works priorities.
A company that was founded by former Perth resident Frank Timis has reportedly been fined a record $1 million in the United Kingdom over a number of misleading stock market announcements.
Commissioner for Public Sector Standards Ruth Shean has been appointed as the inaugural director general for the newly created Department of Training and Workforce Development.
