Dwelling values in Western Australia have risen more than 4 per cent this year despite evidence that first home-buyers are fading from the market, a private sector survey has found.
Western Australian consumers joined the rest of the country in flocking back to the shopping malls in August, as the nation spent $19.8 billion without the aid of cash handouts from the government, new data shows.
Sandfire Resources has entered into an agreement with mining services and contracting company Mineral Resources regarding the exploration and development of manganese ore at its Borroloola Project in the Northern Territory.
West Perth-based electrical engineering company LogiCamms has completed its merger with Brisbane-based engineering firm, Process Essentials, as part of plans to secure larger, higher value contracts originally announced to the market in July.
Directors of Herald Resources have unanimously recommended shareholders accept an increased offer of 93 cents per share from its majority shareholder, Jakarta-based PT Bumi Resources' wholly-owned investment vehicle, Calipso Investment Pte Ltd.
Mining magnate attacks 'racist' treatment of Chinese; Delay for Forrest's $7bn loan; $12m bill for Lynas chairman; Port Bouvard hoses down big debt rollover concern; Reserve Bank warns on house prices
Lynas Corporation plans to raise up to $450 million from institutional investors for a concentration plant at Mt Weld outside Laverton and an advanced materials plant in Malaysia following a failed funding deal with a Chinese mining outfit.
Groups seeking to take over the assets of failed agribusiness provider Great Southern have been asked if they are prepared to finance the projects from Thursday onwards, as emergency funding runs out.
Discount retailer The Reject Shop will open a further four new stores in Western Australia by November as part of a broader state plan to open a record 22 stores in the first half of 2009/10.
Asset management firm PearlStreet has accepted a recapitalisation proposal that will result in private equity firm Catalyst Investment Managers taking a 63 per cent stake in the company.
West Perth-based Polaris Metals has confirmed it has held talks with its largest shareholder but has not received or is aware of any takeover proposal that may be launched.
Global company Nystar will pay $6.6 million to buy a major stake in Subiaco-based Ironbark Gold, and has agreed to a life-of mine offtake deal for the latter's Citronen lead-zinc project.
RBA fuels budget stimulus debate; Unions 'to resist AWAs by stealth'; Myer cashes in on confidence; Chinese offer $3bn for Nufarm; ASIC turns up heat on ASX
Perth companies Vulcan Resources and Universal Resources have agreed to merge through a scheme of arrangement, nearly one month after both explorers flagged a friendly merger.
Mining company OMH Holdings has secured a $294 million deal to acquire a majority stake in a South African manganese project, and will welcome Brian Gilbertson onto its board.
Debt-laden iron ore producer Territory Resources has been thrown a lifeline, after its biggest shareholder agreed to take on the company's most pressing debts.
Michael Minosora has resigned as the chief financial officer of Fortescue Metals Group to take up the managing director position at little known West Perth-based explorer, Atlantic.
A Supreme Court judge has ordered the $1.5 billion owed to liquidators of Alan Bond's former Bell Group of companies be either put into a Public Trust or a bank account with one of the major banks.
GHD and GRD Minproc have jointly won a key contract for the Cape Lambert iron ore project by a Chinese company, while GHD will separately carry out studies for the operation's port, power and water needs.
Barnett vows to slash spending; China stung by tougher FIRB rules;
Labor to consider 8pm shop closing; Kontiki duster deflates Karoon; New home sales jump
A Chinese company has abandoned plans to take control of rare earths explorer Lynas Corporation after Australian regulators demanded it reduce the scope of the planned transaction.
Eneabba Gas claims there is as much gas in one of its Mid West tenements as set aside by the Gorgon gas project partners for the domestic market, as it releases a maiden resource for one tenement.
The state government has managed to keep its annual budget in the black despite revenue growing by just 0.5 per cent and spending skyrocketing by 13.5 per cent.
Another Chinese entity has made its way onto Mount Gibson Iron's share register, with the coal company buying Shougang Concord's interest in the miner for $176.3 million.
West Perth-based explorer Globe Metals and Mining has raised $5.2 million, giving a boost to its aim of becoming one of the world's largest supplier of ferro-nobium.
Gas giant takes tax office to court; Investors take $125m Gwalia settlement; ACCC not happy with grain traders; ETS ultimatum a stunt: Turnbull; Recovery could stall: Henry
THE green light for the Gorgon gas project has boosted the share prices of most of the contractors vying for a slice of the estimated $43 billion cost to build Australia's single biggest resource project.
