Mirabela Nickel says that uncertainty over a planned $US133 million equity capital raising has cast significant doubt over its ability to continue operating.
South Hedland is set for a revamp after the government announced it has allocated $23 million from the royalties for regions fund for a redevelopment plan.
The state government expects to save over $1 million after it placed a cap on the value of homes for the first home owners grant which will leave 2 per cent of buyers ineligible for an assistance package.
The current backlog of ships has prompted grains handler CBH Group to implement a temporary system that will see grain marketers bid for shipping slots to export grain.
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.
Building approvals in Western Australia have nearly halved over the past year as the latest January figures solidifies the property slump in the state.
The turn in global markets has prompted Reindeer gas project owners Apache Energy and Santos to re-tender contracts, with Clough today awarded a substantially smaller contract compared to the $460 million deals it won last year.
Fertiliser plant set to create 1,500 jobs; Rio still open to iron ore merger; Investors face $7bn cut; ASIC to rule on short-selling; Weaker shares close to testing 3,000 level
THE Chamber of Commerce and Industry WA remains concerned that the federal government's proposed industrial relations reforms will have a negative effect on business, despite a Senate inquiry dismissing recommendations for significant changes.
OVER the past 20 years or so, there has clearly been a growing, but until now unrecognised, systemic failure of the modern capitalist system, culminating in the US's sup-prime mortgage crash of 2007.
Wesfarmers chief executive Richard Goyder and director James Graham have shown their support for the company's retail entitlement offer which raised some $1.8 billion.
Air services provider National Jet is embarking on a complete rebranding and name change amid the renegotiation of $90 million in aviation contracts with Western Australian mining companies.
TWO Japanese companies will buy into the Lake Maitland uranium project in Western Australia after owner Mega Uranium sold a 35 per cent stake for $77 million.
Dozens of mining companies are at risk of operating illegally after failing to comply with new security guidelines covering the handling of explosives.
GERHARDT Otto faced quite a culture shock when he emigrated from South Africa to Perth in 2006, experiencing almost immediately the challenges of finding employment.
THE state government has established a Ministerial Heavy Vehicle Advisory Panel to provide truck drivers with advice on issues in the road transport industry.
COMMODITY exports are forecast to fall by 17 per cent in the 2010 financial year but farm export earnings are tipped to rise over the next two years, a report for the nation's commodities forecaster says.
PERTH-BASED engineering and construction company Monadelphous Group hopes to strengthen its competitive position if it succeeds with plans for a closer link with Sydney-based contractor Norfolk Group.
THE possible closure of one of the state's largest integrated pallet manufacturers, Pinetec, could prove to be a boon for the local industry with one player keen to keep jobs in Western Australia.
GLOBAL education services provider Navitas will open its sixth college in the United Kingdom later this year as it executes a deal with the University of Plymouth.
GORDON Martin may preside over one of Western Australia's leading private businesses, but it was his recent experiences in the public sphere that shaped his understanding of the current economic crisis.
THE resources sector has undergone a rapid change in circumstances with falling commodity prices, private investors on strike, and a tough attitude by banks.
