Empire Resources Ltd has secured additional cash to explore and develop its advanced copper gold projects after agreeing to sell its Yarlarweelor uranium project in Western Australia for $1.75 million.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
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Perth-based Mallee Gold Corporation Ltd has formed an alliance with Metals Finance Corporation to develop mineral resources projects in the United States.
Portman Ltd reported a full year net profit for 2007 of $96.6 million, down almost 17 per cent compared with the previous year, blaming the rising Australian dollar, hedge book movements, higher costs and an unfavourable sales mix.
The Court of Appeal of the Supreme Court of Western Australia has today dimissed Uranium Equities' appeal in which it sought to assert a claim to some of Energy and Minerals Australia tenement holdings at Mulga Rock, located north of Kalgoorlie.
Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.
Mineral sands producer Iluka Resources Ltd has talked up the expansion prospects of its eastern states projects, after posting a full year net profit of $51.1 million in line with forecasts.
Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.
Silver Swan Group Ltd has announced the all-scrip acquisition of a portfolio of prospective gold, copper and base metal tenements in Western Australia's Murchison region from Mercator Gold plc.
Perth-based Indian sandalwood grower, TFS Corporation Ltd, has signed a five year deal with UK-based handmade cosmetics company Lush, for the supply of oil produced from TFS' plantations.
Portable housing manufacturers, Fleetwood Corporation Ltd and Nomad Building Solutions Ltd, have posted strong growth in profits for the half year to December 31, boosted by demand from the resources sector.
MOLY Mines Ltd has awarded a $1.1 billion, seven-year mining and earthmoving contract for its Spinifex Ridge molybdenum project to Perth-based contracting group Macmahon Holdings Ltd.
As office rents in Perth continue to climb, property owners are more likely to retain their assets to capitalise on growth, although the full effects of recent stock market volatility and rising interest rates are yet to be realised, according to property
The residential property market in regional Western Australia returned a mixed performance in the last quarter of 2007, with strong growth in mining towns and low or negative growth closer to Perth, according to the Real Estate Institute of Western Austra
DIVERSIFIED base metals explorer, Haddington Resources Ltd, is set to acquire the mineral exploration division of Adelaide-based drilling company, Underdale Drillers, for a potential consideration of
A Takeovers Panel review has rejected an appeal from Falak Holding LLC, over the panel's decision not to overturn the Dubai-based company's accidental sale of its stake in Golden West Resources Ltd to hostile suitor Faistar Resources Ltd.
Windimurra Vanadium Ltd has raised $54.8 million to fund development of its namesake project in Western Australia's Mid West, following the closure of its heavily oversubscribed entitlement issue.
Gold and base metals explorer, Augustus Minerals Ltd, has made a lacklustre debut on the Australian stock market today, with its shares opening at 40 cents each or 20 per cent down on their offer price of 50 cents.
Diversified West Perth-based resources group, Kagara Ltd, has reported an 8 per cent fall in net profit to $35.9 million for the six months to December 2007, on the previous corresponding period's $38.9 million result.
Nickel miner Mincor Resources NL has announced a $31.3 million net profit after tax for the six months to December 2007, 16 per cent down on its $37.1 million profit for last year's corresponding period.
Joint venture partners Charter Hall Ltd and Cape Bouvard Investments have confirmed the signing of Clough Ltd to anchor their new $220 million Alluvion office tower under construction on Mounts Bay Road.
Diversified base metals explorer, Haddington Resources Ltd, is set to acquire the mineral exploration division of Adelaide-based drilling company, Underdale Drillers, for a potential consideration of $18 million.
Eurogold Ltd and subsidiary, Eurogold Holdings (Bermuda) Ltd, have accepted a $7.95 million settlement from Oxus Holdings (Malta) Ltd and Oxus Gold Plc, after OHML and Oxus terminated an agreement to buy Eurogold's Ukrainian gold assets.
Perth-based Galaxy Resources Ltd has raised $1.79 million via the early staged exercise of unlisted options, to fund the completion of a feasibility study on its Mt Cattlin tenement in Ravensthorpe.
Western Australia's Chamber of Minerals and Energy has welcomed the package of skilled migration measures announced by the minister for immigration and citizenship, senator Chris Evans.
Falcon Minerals Ltd non-executive chairman Kerry Harmanis has resigned from the board of the company, with Xtrata Nickel Australasia executive general manager exploration, Peter Langworthy, appointed in his place.
Brisbane-based minerals explorer, Diatreme Resources Ltd, has announced a potential billion-dollar discovery of zircon at the company's Cyclone Prospect in the Eucla Basin in Western Australia.
