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David Gibson

InnovateWA sets tone for future

One of former premier Geoff Gallop’s legacies will be his 2002 ‘InnovateWA’ policy, aimed at reversing the decline in the state’s research and development effort.

Plan to plug WA into grid

Perth businessman Ken Grogan has some big ideas about Western Australia’s potential to become a global leader in IT infrastructure using a so-called ‘grid computing’ model already proven in Germany.

Costs hit Burrup ammonia plant

Higher input costs continue to plague the state’s major projects with the announcement that the proposed development $900 million second Burrup Peninsula ammonia plant has been postponed.

A balanced, cooperative approach

Innovation is seen as the driver of Western Australia’s long-term growth and prosperity, but questions remain about the best way to achieve outcomes to benefit all players, private and public, in an increasingly competitive environment.

Playing catch-up on funding as CRC lobbying intensifies

It’s no news in academic ranks that the Cooperative Research Centres funding game is a highly competitive one, requiring lots of old-fashioned lobbying.

‘Cinderella’ run buoys miners

Spectacular recent rises in the prices of zinc and lead have quietly propelled the earnings potential of some Western Australian base metals players.

CCI initiative to ease visa burden

An initiative by the Chamber of Commerce and Industry has simplified the often-difficult task faced by those from developing nations in securing a short-term business visa to Australia.

IBT teams up with Macquarie

Amid strong demand in the higher education sector, Perth-based IBT Education Ltd has grown its relationship with Macquarie University in Sydney via a new college in Sydney’s CBD.

SGIO review leads to CBD franchise

SGIO has revealed it will run its city branch under a franchise model as part of a review of the group’s operations.

FRL to start Singaporean hydrology JV

Diversified non-bank lender Financial Resources Ltd's water management subsidiary Sovereign Hydrology Pty Ltd plans to start a Singapore-based joint venture.

Bullion gets $3m Canadian boost for uranium play

Gold explorer Bullion Minerals Ltd will become a pure uranium play, making the most of a $3 million cash injection from Canadian group Laramide Resources.

Push for Sunday liquor trading

The State Government has confirmed it is considering changes to liquor trading laws aimed at increasing competition on Sundays.

AIM listing awaits Tethyan

It's business as usual at takeover target Tethyan Copper Ltd, which today announced its intention to list its shares on London's Alternative Investment Market.

Strike Oil makes $4m placement

Perth-based Strike Oil Ltd has raised nearly $4 million in a private placement to shore up gas reserves at a tenement off the Gulf Coast of the United States.

Resolute in $77m Ravenswood gold expansion

Resolute Mining Ltd has given the green light for a $77 million expansion of its Ravenswood project in Queensland, as it seeks to capture some of the 25-year-high gold price.

Tethyan doubles massive Reko Diq resource

Local takeover target Tethyan Copper has doubled the resource estimate at its Pakistani Reko Diq copper-gold joint venture project at a time of record copper prices.

Cliff Head oil project hit by $25m cost blowout

The Cliff Head oil field development off Dongara has suffered a $25 million cost blowout amid increased rates for materials and services in the sector, project operator Roc Oil Ltd has revealed.

Western Areas to build $25m nickel plant

Emerging nickel producer Western Areas NL has announced a decision to build a 250,000 tonne a year nickel sulphide plant to cost up to $25 million.

Wavenet buoyed by $3m modem order

Shares in Perth-based wireless telecommunications company Wavenet International Ltd have risen on news that it has received more orders for its vehicular modem device from US-based GeoLogic Solutions worth $3 million.

AIFRS has half-year forecasts looking cloudy

Changes to accounting standards at Australian companies are being manifested in increased earnings volatility, with several local stocks expecting to post half-year results at odds with earlier forecasts.

Stokes pays high price for National Hire

Seven Network chairman Kerry Stokes has paid a hefty premium over the market price for shares owned by Perth businessman Neven Botica in National Hire Group because of a 'shortfall indemnity agreement' signed in 2004.

Calibre wins BHPB Indonesian coal study

Fast-growing engineering consultancy Calibre Projects has won a contract to conduct a feasibility study for BHP Billiton's $465 million Maruwai coal mine project in Indonesia.

Samson in $50m US oil and gas play

Perth-based petroleum player Samson Oil and Gas NL has taken the first step towards buying into United States assets for $50.4 million.

Boom blinds on exploration

The state’s recently passed Mining Amendment Bill may aim to provide greater incentive for mineral exploration, but concerns remain that the current production boom is blinding decision makers to the decline in exploration spending.

Diamond explorers spend up

The big spenders in the September quarter may represent a vastly different group but one commodity group that stands apart from the iron ore hunters is the diamond explorers.

CBH waits on Interflour move

Cooperative Bulk Handling’s investment in South-East Asian joint venture Interflour is shaping as a healthy move for the group, as the flour miller prepares to post a considerable turnaround in profit early next year.

Clough’s $170m deal in NZ

Clough Ltd has been awarded a $170 million contract from OMV New Zealand Ltd, operating partner of the Maari oil field, off the NZ coast.

Giralia spins off iron ore in $4m IPO

Giralia Resources NL, one of the state's uranium hopefuls, will spin off its Pilbara iron ore tenements as part of a $4 million float as Red Hill Iron Ltd.

Argyle green light after Rio scores royalty relief

Rio Tinto has received royalty concessions and the removal of secondary processing obligations from the State Government, clearing the way for a $1.3 billion expansion of the Argyle diamond mine in the Kimberley.

Aspen poised for further raising to fund Dunsborough Lakes

Listed property trust Aspen Group Ltd is set to go to the market for fresh funding following confirmation of its $93.5 million purchase of the Dunsborough Lakes residential development from Ric Stowe's Griffin Group.

Sally Malay and Platinum Australia in JV

The Kimberley's credentials as a minerals province may soon get a boost as Sally Malay Mining Ltd investigates the potential of a platinum-palladium joint venture with Platinum Australia Ltd.

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