Matt Mckenzie

VDM Group has responded to rumours it will acquire mining rights at an Angolan copper project by saying the potential acquisition is incomplete with no certainty on its terms.

Exploration and development company Cape Lambert has announced it will return almost $25 million to shareholders, just a week after a successful settlement with the Australian Tax Office.

The state government’s Mining Rehabilitation Fund initiative has met with almost unanimous industry uptake, Mines and Petroleum Minister Bill Marmion said today.

Two Perth-based resources juniors, Jameson Resources and Merah Resources, have entered trading halts today.

Hiring and investment is down in Kalgoorlie-Boulder as confidence falls in the wake of clouds overhanging the gold-mining industry.

West Perth-based coal miner Continental Coal has announced a non-renounceable $35.1 million rights issue as part of a recapitalization and restructure.

Local Government Minister Tony Simpson has used a speech to the Western Australian Local Government Association AGM to urged councils to reform and harmonise regulations across the state.

Housing Minister Bill Marmion has marked the construction of the 150th home under its community housing growth strategy by announcing the government is well ahead of schedule on its plan to deliver 20,000 affordable housing opportunities by 2020.

New vehicle sales in Western Australia have fallen 8.1 per cent year on year, according to a report from the Federal Chamber of Automotive Industries.