Some seven months after he was appointed to the helm of Golden West Resources, chief executive David Rose will step down as the company seeks to conserve cash.
Chinese company, East China Exploration, is set to take a 25 per cent in Perth-based Arafura Resources after subscribing to $24 million worth of shares at a significant premium.
MORE than 750 people filled the front steps of Parliament House last month to witness one of Western Australia's most successful young mining entrepreneurs recognised in the WA Business News 40under40 Awards.
WESTERN Australian exporters have received encouraging news about the economies of some of the state's key trading partners, in particular India and China, with strong signs of growth for the future.
THE acquisition by Geraldton-based Tanks2Go of rival tank hire business Clean Fuels Australia (CFA) last September marked a milestone for the business founded by managing director, Mark Westbrook.
Inpex says it remains committed to developing its $12 billion gas processing plant, located in Darwin, after a Liberal Senator said the company could move to offshore locations due to the Rudd government's emissions trading scheme.
Coal baron Ken Talbot will increase his holding in Sundance Resources to 22 per cent after purchasing $5 million worth of shares in the iron ore explorer.
Miner Jabiru Metals has paid down $US15.5 million ($A24 million) of its bank debt after closing out part of its hedge book while its Jaguar copper and zinc mine achieves record monthly production.
Kalahari Minerals has withdrawn legal proceedings against Extract Resources following a unanimous agreement to appoint a new chairman and the resignation of two directors.
Chinese steel maker Hunan Valin Iron and Steel Group Company is set to increase its stake to 17.4 per cent in Fortescue Metals Group by subscribing for a further $87 million in shares.
Acceptance of Sinosteel Corporation's takeover offer for Midwest Corporation has kept Murchison Metals' net profit after tax in the black at $17.5 million.
The Brian Gilbertson-led Pallinghurst Resources and associated company Red Rock Resources is set to take control of Jupiter Mines, which holds several exploration tenements in Western Australia, following shareholder approval.
Woodside Petroleum has reportedly signed an agreement with state-owned Korea Gas Corporation to invest in three exploration permits in the Browse Basin.
Nomad Building Solutions has secured contracts worth nearly $30 million from Woodside Petroleum for the construction of two housing lots in the Pilbara, which will house workers for the Pluto liquefied natural gas project.
THE changing face of Perth's jazz music scene was highlighted this month by the approval of redevelopment plans for one historic venue coinciding with the opening of another.
Dozens of mining companies are at risk of operating illegally after failing to comply with new security guidelines covering the handling of explosives.
