Shares in Perth-based junior Lucapa Diamond Company have surged on news it has signed a 35-year licence to mine alluvial diamonds at the Lulo diamond concession in Angola.
Subiaco-based White Star Resources, which is in the process of acquiring a technology business, will seek shareholder approval to increase its previously announced capital raising to $5 million, to accommodate a new prominent cornerstone investor.
L7 Solutions co-founders Andrew Milner and Matthew Sullivan have joined the board of Perth-based IT firm Cirrus Networks, while Liberty Resources continues due diligence on its reverse takeover of the business.
Mining giant Woodside Petroleum will expand its presence off the Moroccan coast after entering into a contract with the country's national oil company for a licence to explore another block of the Doukkala basin.
Perth-based building and construction company JAXON has added a pair of affordable housing projects to its portfolio of works, comprising an $18.6 million apartment project for the Department of Housing and a $22 million complex for Foundation Housing.
The state government has begun the tender process to find a builder for its $430 million Museum of Western Australia, set to be built at the Perth Cultural Centre.
Wall Street stocks have finished little changed following data showing unexpectedly strong US economic growth in the third quarter, but a drop in consumer confidence in November.
Oil prices have tumbled, with the US benchmark down 2.2 per cent, on expectations that the OPEC cartel will not agree to cut output despite ample global supplies.
Gold prices have edged higher, after a day of shuffling between gains and losses as two sets of economic data gave varying pictures of the state of US recovery.
Fremantle-based Carnegie Wave Energy has celebrated the installation of its first CETO 5 wave technology unit off Garden Island, marking the start of its $30 million wave energy project.
CTI Logistics has bought 67,000 square metres of land adjacent to its Hazelmere warehousing and distribution centre, in a private deal believed to be worth just under $19 million.
Property developer and investment firm Lester Group has inked its first deal in New South Wales, buying an industrial property in Sydney’s Ingleburn for $13.2 million.
NRW Holdings chairman Ian Burston has told shareholders the contractor will not be "jerked around by anybody" after revealing it is in a dispute over its largest project at Roy Hill.
MZI Resources has signed a deal to sell most of the high value titanium dioxide production from its Keysbrook mineral sands project to US-based DuPont Titanium Technologies, and is still looking for a buyer for the balance.
National Lifestyle Villages is planning a major expansion after signing an innovative $150 million partnership deal with Blackstone, the second international private equity group to back the Perth business.
Transport and logistics group Toll Holdings has announced that its marine logistics business will focus on the offshore LNG sector, after completing the sale of several operations in northern Australia and Asia.
Shares in Perth-based contractor OTOC have surged on news it is looking to expand its presence on the east coast with the acquisition of Sydney-based Geo-Metric Surveying for up to $12 million.