The state Liberal party has called on the Carpenter government to apologise to the community over the Water Corporation's Kwinana desalination plant advertising campaign, which was found to be misleading by the corporate watchdog.
Perth-based Grange Resources Ltd is set to step into the producer ring later this year following joint venture approval to develop an iron ore mine in Malaysia.
Shares in Territory Resources Ltd have been placed in a trading halt pending the release of an announcement on the re-alignment of the company going forward.
As the gas crisis continues to affect the state's industries and households, the release of a timetable of when production will resume at the Varanus Island gas facility has provided little comfort.
The Perth City Council has approved plans for a commercial development that includes a microbrewery at Point Fraser and a sculpture park at Heirisson Island.
Wesfarmers Ltd says its pre-tax earnings will be cut by up to $20 million a month, as the company feels the impact of gas outages following an explosion that closed down the Varanus Island gas plant.
Chinese producer Hunan Nonferrous Metals Corp has increased its stake in Abra Mining Ltd to 50.2 per cent, putting it in reach of its takeover offer to acquire 70 per cent of Abra shares.
Mining identity Michael Kiernan has quit the boards of several West Perth-based resource companies in a bid to reduce his workload and focus on embattled Monarch Mining Gold Company Ltd.
Mining giant BHP Billiton today outlined a major expansion of its Pilbara iron ore resource and provided further details of its expansion plans, as it continued price negotiations with its steel mill customers.
Boutique brewing company Oz Brewing Ltd has suspended trading of its shares indefinitely pending the release of an announcement relating to its acquisition of assets from Shedco Group Pty Ltd.
Oil and gas company Santos has forecast a net production loss of 1.2 million barrels of oil equivalent for 2008 thanks to the Varanus Island gas incident.
The state's gas shortage is expected to last for another six months as Apache Energy Ltd, the operator of the shut down Varanus Island gas plant, calls on the federal government to review a policy that may have exacerbated damage at the facility.
The Takeovers Panel has ruled that Harbinger Capital Partners will not be allowed to vote with its 4.27 per cent interest in takeover target Midwest Corporation Ltd while a bid by Chinese steelmaker Sinosteel is active.
A scoping study into Subiaco-based Wolf Minerals' Hemerdon tin and tungsten project in the United Kingdom has revealed a capital cost estimate of $160 million for a three million tonne per annum operation.
Investors continued to sell out of Babcock & Brown Power Ltd, driving its share price down a further 14 per cent today after the fund downgraded the earnings of its Alinta gas subsidiary.
Macmahon Holdings Ltd's failure to rouse up a relevant interest in Ausdrill Ltd of more than one per cent has played into the takeover target's hand nicely, as it issued its target statement today.
Shares in Cazaly Resources Ltd have been placed in a trading halt pending the release of an announcement in conjunction with one of its joint venture partners.
