Great Southern is expecting to reap over $125 million over the next five years from its managed investment scheme plantation interests as it finalises acceptances for its plantation projects.
Iron ore miner Fortescue Metals Group has booked a $1.1 billion net profit in its first full half-year of mining, though in line with previous periods its result has more to do with accounting adjustments than mining operations.
OZ Mineral says it will book a small loss in carrying value from the sale of its stake in Nyrstar NV for $33 million as it details where 1200 job cuts were made.
Less than two months after proposing the takeover offer, Paladin Energy has passed the 90 per cent minimum acceptance level in its bid for Fusion Resources.
The release of encouraging quarterly reports by Western Australian gold miners has failed to provide direction for the stocks' share price, as a stronger market was offset by a fall in the precious metal's price.
Newmont Mining Corp is set to take full ownership of the Boddington gold mine following AngloGold Ashanti's decision to sell its one-third interest for $1.6 billion.
The Australian share market slumped to a five-year low as bank and resource stocks were weighed down by continuing concern about the health of the global economy following the release of economic figures from Asia.
Brokerage Hartleys has started coverage of Woodside Petroleum, rating the oil and gas giant as a Buy as the company gets ready to report its most profitable year ever.
Conglomerate Wesfarmers says it expects a lower dividend for the third consecutive year as it launches a heavily discounted rights issue to raise nearly $3 billion to help pay down debt from its $20 billion Coles acquisition.
Engineering and infrastructure firm GRD says it will take a $50 million one-off hit from the sale of its loss-making Global Renewables Eastern Creek Facility in Sydney to Emergent Capital.
Newcrest Mining, Australia's biggest gold company, has delivered a drop in gold production during the second quarter and cut full year production forecasts for its Telfer mine in Western Australia.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
MANUFACTURING, fabrication and construction company AusGroup has announced that executive director James Fitzgerald has relinquished his role on expiry of his service agreement with the company.
PERTH will host a major marketing and business conference – the Australian Masters Marketing Summit 2009 – from March 17-18, featuring some of the world’s top marketing executives.
A WESTERN Australian geospatial software developer has won an Asia Pacific award for its software warning system, which helps protect infrastructure during major emergencies and natural disasters.
GREAT Southern says it remains hopeful that investors will change their mind about a $700 million restructure plan, despite the majority backing only part of the proposal.
ANNE Nolan has been appointed director general at the Department of State Development, with Tim Griffin acting director general at the Department of Mines and Petroleum.
WESFAMERS expects first half 2008-09 net profit to be between $850 million to $880 million, after about $150 million in pre tax provisions and write-downs in the values of some investments.
A WESTERN Australian geospatial software developer has won an Asia Pacific award for its software warning system, which helps protect infrastructure during major emergencies and natural disasters.
AGRIBUSINESS Great Southern Ltd is pursuing alternative options, including the sale of assets, as received proxy votes indicate investors may not be willing to exchange their interest in plantation
BUILDING approvals in WA slumped 30 per cent in November to levels not seen in nearly eight years, as credit shortage and economic uncertainty deterred investors, according to the Australian Bureau of
A PROMINENT WA economist and Treasurer Troy Buswell have both said the state is unlikely to dip into recession in 2011, as projected by economic forecaster Access Economics.
