Buru Energy managing director Keiran Wulff announced his resignation today as the oil and gas exploration firm appointed two new non-exececutive directors.
Concern over the effects of the housing ‘crunch’ on the broader Chinese economy was the main topic of discussion at a recent Institute of International Finance China Economic Forum, held in Shanghai.
Western Australian financial advisers and stockbrokers have dismissed a report that found public-listed companies were paying nearly 50 per cent too much to raise capital.
Perth nickel miner Western Areas has made a $95 million repayment of convertible bond debt from its existing cash reserves, with a $125 million bond repayment still remaining.
QUEST Serviced Apartments says five new projects in the Perth metropolitan area will cater for increasing demand from corporate travellers, while at the same time more than doubling the group’s roo
Internet pioneer Michael Malone has quietly ended another formal link to the ISP he founded and floated, selling more than 1.1 million shares in iiNet to net almost $8.5 million, a move which takes him below the 5 per cent substantial shareholder limit.
The Australian dollar has shot up above 95 US cents after the Reserve Bank of Australia gave a more neutral statement than the market expected following its interest rate decision.
World oil prices have slipped on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.
Wall Street stocks have barrelled higher to new records, opening the third quarter with big gains following strong US auto sales and Chinese manufacturing data.
A convoy of truck drivers headed by WAFarmers and the Wheatbelt Railway Retention Alliance drove through parts of Perth today to demonstrate their opposition to the closure of the Tier 3 rail lines.
Western Australia’s gold producers continue to suffer at the hands of a strengthening Australian dollar, with more job losses revealed across the sector last week.
There is a fine line between success and failure in the minerals exploration game, however Bentley-based firm HiSeis is helping companies to hit pay dirt faster and more frequently.
Woodside Petroleum has turned the threat of cheap liquefied natural gas exports from the US into an opportunity for the producer to resell some of that LNG at a higher price.
Commonwealth regulatory approval has been granted for PBD Development’s (formerly Port Bouvard) Point Grey marina project, prompting the company to commence a formal assessment of opportunities for outright sale or joint venture development of the project.
The Reserve Bank of Australia has kept the cash rate unchanged, saying the economy is improving but it will be some time before unemployment drops consistently.
Audio-visual company AVPartners is increasing its dominance in the conference market with an expanded contract at the Perth Convention and Exhibition Centre.
The share price of Perth industrial parts and services provider Coventry Group has risen 14 per cent following the announcement of a $21 million return to shareholder
Former premier Richard Court has renewed his calls for the federal government to share half the revenue from offshore oil and gas projects with the states, while also expressing confidence about the future of the mining sector.
