Premier Colin Barnett has rejected calls for a parliamentary inquiry into the iron ore industry, despite repeating his criticism of the major producers.
Oil and gas explorer WHL Energy has secured a $US4 million ($A5 million) funding commitment from New York-based Magna Equities to continue prospecting its African tenements.
Andrew Forrest’s private vehicle, Minderoo Group, has subscribed for a majority of A1 Consolidated Gold’s recently announced $2.5 million convertible loan placement.
Local biotech firm Sun Biomedical has announced plans to buy Melbourne-based Dimerix Bioscience in exchange for a share package worth about $8.3 million.
Former Wallaby player and experienced minerals executive John Welborn will take the helm of Perth-based gold company Resolute Mining when outgoing CEO Peter Sullivan steps down in late June.
Accelerated depreciation for small businesses, a tough new multinational tax avoidance law and a $5 billion concessional loan scheme for northern Australian infrastructure development were among the new policies announced in last night’s federal budget.
Treasurer Joe Hockey has delayed the federal government's return to surplus by another year, forecasting that the country will be not be in the black until 2019-20 and meaning the Commonwealth will extend its run of seven deficits to 11.
An international planning expert says he believes Perth is the least dense major city in the world, an issue looming as a major constraint to the financial feasibility of developing
Wall Street stocks have finished lower as worries over higher US Treasury bond yields offset Verizon's $US4.4 billion ($A5.58 billion) takeover of AOL.
Rio Tinto and BHP Billiton have highlighted their competitive advantage in the iron ore market, with BHP predicting further large reductions in its operating costs in the Pilbara and Rio detailing the big price discount Fortescue Metals Group has to accept for its products.
Private New Zealand company Todd Corporation has launched a takeover bid for Pilbara infrastructure developer Rutila Resources, following news yesterday that it has struck a deal to buy an associated iron ore mine from Flinders Mines.
AEG Ogden, Nationwide Venue Management, Perth Stadium Management, and Stadium Australia Operations have been shortlisted for the role of operator at the new Perth Stadium.
A research centre linked to controversial Danish academic Bjorn Lomborg was to have been placed in the University of Western Australia through a "corrupt" process initiated by the prime minister's office, parliament has been told.
Explosives and chemicals manufacturer Orica has posted a 3 per cent dip in half-year profit to $211 million after being affected by reduced demand for its products in the mining sector.
TPG Telecom has lifted its stake in Amcom Telecommunications to 19.9 per cent, making it harder for Amcom to win approval at next week's shareholder meeting for its planned merger with Vocus Communications.
Mount Gibson Iron has moved to establish a logistics base on Koolan Island, in partnership with Qube Holdings, to service the offshore oil and gas industry.
Joe Hockey strode into Parliament House in a buoyant mood just hours before delivering a budget that could determine his political fortunes and those of the government.
Biopharmaceutical company Bone Medical has announced plans for a reverse takeover and backdoor listing of a geospatial data intelligence company founded by Perth entrepreneur Amir Farhand.
