The market capitalisation of Western Australia's top 100 listed companies has fallen on the back of lower commodity prices, marking an end to four months of consecutive gains.
Property executives were the big movers in this year's Wealth Creators list, while the resources slowdown put the hurt on mining services directors' fortunes.
Western Australia's gold sector is rallying against a potential increase in royalty rates, saying such a move would significantly hurt country towns as well as local producers of the precious metal.
Regis Resources is pressing ahead with plans to expand its processing facility at the Rosemont gold project, despite prevailing weakness in the gold market.
Fresh from announcing plans to develop the Iron Valley mine in the Pilbara, Mineral Resources has become the eleventh Western Australian company in the S&P/ASX 100 Index.
Shareholders in gold producer Regis Resources are set to begin reaping rewards from the company's progress with it announcing intentions to pay a maiden dividend next year.
The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.
Gold miner Regis Resources is looking to consolidate on a solid financial 2012, after recording a $68 million net profit on the back of a 58 per cent spike in revenue from gold sales.
WHEN Silver Lake Resources managing director Les Davis and Integra Mining chief Chris Cairns used the first day of the recent Diggers & Dealers Forum in Kalgoorlie to unveil the $1 billion merg
Western Australia's pipeline of significant non-iron ore projects is showing signs of a quick slowdown as construction of major projects is due to be completed by the end of next year.
Investors have welcomed Regis Resources' plan to expand into NSW, pushing its share price to record highs after the gold miner said it would use scrip to pay $150 million for the McPhillamys projec
TWO years ago, Regis Resources had yet to prove itself as a solid Western Australian gold producer; it was on the verge of its first gold pour from the Moolart Well mine in the Duketon Gold Project
A DECADE ago, engineering and construction contractor Monadelphous Group just made it into a listing of the state's 50 largest companies, with a market capitalisaton of $71 million.
Power generation firm Pacific Energy has won the bid to construct a 12 megawatt power station for Regis Resources' recently green-lighted Garden Well gold project.
Regis Resources says production is set to commence at its Garden Well gold project around September 2012 - just two and a half years after discovery drilling - after releasing a study which put capital costs for the mine at $109 million.
Shares in Regis Resources closed higher after it settled a potential liability of $24 million with Newmont Mining, paving the way for the company to finalise funding for its Duketon gold project.
West Perth-based Regis Resources plans to raise $50.5 million through a placement and underwritten rights issue for the development of its Duketon gold project in Western Australia.
Shares in West Perth-based Regis Resources remained steady in trading today following the announcement of a $45 million debt facitlity the company will use to develop its $73 million Duketon gold project.
Former Regis Resources managing director David Walker plans to sue Newmont Mining Corporation for more than $9 million for alleged misleading and deceptive conduct.
Perth-based Regis Resources has given the go ahead for the development of its Duketon gold project in Western Australia with capital costs expected to peak at $125 million.
