Mount Pleasant-based Comet Ridge plans to raise $21 million to fund exploration efforts at its coal seam gas projects in Queensland and New Zealand for the next 18 months.
Babcock & Brown Power, owner of Alinta's retail assets, will realise $125 million from the release of an "onerous" contract but has revised down its operational earnings from $310 million to $270 million.
Treasurer Troy Buswell has again defended the government's decision to not release the State Infrastructure Strategy, saying its framewok needs to be revisited.
Melbourne-based SKILLED Group, as part of a joint venture, has won a $350 million, three-year marine vessel and labour supply contract for Chevron's Gorgon gas project.
The saga between Sirtex Medical and Perth scientist Bruce Gray has taken another turn with the state's Supreme Court finding in favour of the company's former chairman, who is now free to carry on with his business.
The high end of Perth's property market has taken a battering from the global slowdown with seven metropolitan suburbs dropping out of the $1 million club, a new survey has found.
Exoma Energy shares have skyrocketed as much as 240 per cent after the Nedlands-based company signed a conditional deal to acquire the Galilee gas project in Queensland.
Gold hopeful Resolute Mining has raised $25 million through a share placement, with funds to be used for the commissioning of the Syama gold mine in Mali.
Two weeks after Gage Roads Brewing Co cancelled its distribution deal, the brewer has agreed to supply beer to major retailer Woolworths, which will take a 25 per cent interest in the company.
Western Australia has retained its AAA credit rating after Standard and Poor's confirmed yesterday that the Barnett government's move to reprioritise some of its capital projects and revise its operating expenditure, meant that the state's financial posit
The government has committed to a $23.8 billion capital works program over the next four years - an increase on the $18.5 billion spent over the past four years - with a record $8.3 billion to be spent in 2009-10.
Major infrastructure projects Oakajee port and the Northbridge link have been left out of this year's state budget, despite receiving federal budget allocations this week.
Western Australia's Liberal government has handed down its first budget, delivering a $647 million surplus but warning the state will be in deficit by 2012.
An $80 million federal budget allocation to boost the state's chances of hosting the $2.5 billion Square Kilometre Array project has raised questions from the existing project's headquarters.
West Perth-based Liquefied Natural Gas has raised more than $10 million which will be used in the ongoing development of its Fisherman's Landing gas project in Queensland.
State regional air carrier Skywest Airlines is reportedly considering re-listing on the Australian stock market, nearly three years after it was taken over by Singapore-based Advent Air.
Nickel miner Western Areas is expecting $100 million to come its way shortly after the company raised over $35 million through a slightly discounted share placement.
Companies seek capital as confidence buoys market; BG wins first big Chinese gas deal; WA adjusts its numbers; Chinalco deal under cloud; Changes sap super - analysts
RESPONSIBLE for more than half of Australia's greenhouse gas emissions, the energy sector will be one of the biggest industries affected by the Carbon Pollution Reduction Scheme (CPRS).
SMALL creditors of failed painting and services business Riley Shelley, co-owned by Perth businessman Ian Riley, are unlikely to retrieve their money after it was revealed that major bank ANZ would be paid first.
THE Pilbara Community Foundation was launched this week to support grassroots community projects in the mining community through a founding donation of $100,000 from the Pilbara Development Commission.
