Russell Quinn

Shares in Subiaco-based explorer Uramet Minerals have gained more than 5 per cent in morning trade after announcing it had executed a binding heads of agreement to enter into a joint venture to explore for gold in Guyana.

Balcatta-based mineral testing company Ammtec has suffered a slide in share value today after announcing a first half profit warning due to tough working conditions for its engineering subsidiary Marc Technologies.

Shares in engineering outfit VDM moved up slightly after announcing it had won a $79 million contract with a Rio Tinto subsidiary to refurbish the Pannawonica township in the Pilbara.

Shares in iron ore explorer Aurox Resources closed slightly higher today after the company announced a 15 per cent upgrade at its Balla Balla project in the Pilbara to 238 million tonnes.

Western Australia has joined the rest of the nation, excluding Tasmania, in posting a significant jump in new motor vehicle sales in November compared to the previous month, Australian Bureau of Statistics (ABS) data has showed.

Shares in mining contractor NRW Holdings were up slightly following the announcement of a $200 million contract for the design, development and operation of an iron ore mine at Rio Tinto's Western Turner Syncline Section 10 deposit in the Pilbara.

As planning for various new hotels across Perth’s city surrounds forges ahead, the consortium involved with the state government’s redevelopment of the Old Treasury Buildings has grown increasingly confident of a positive outcome.

The parent company of Red Rooster and Chicken Treat has its sights set on becoming one of the state’s largest franchise operations after consolidated annual losses doubled this financial year to $14 million.

Jeweller Craig Rosendorff has always done things his own way, which is probably why he’s prospered during his 50 years in the business.