West Perth-based Transit Holdings Ltd has completed a placement to raise $2 million to sophisticated investors for exploration for haematite mineralisation and working capital.
Rio Tinto Ltd has reported record annual output for key commodities in its fourth quarter 2007 operations review, including a 9 per cent increase in its attributable iron ore output to 145 million tonnes in the calendar year.
Large employers are finding it increasingly tough to find suitable workers in the tight labour market, and in some cases are being forced to retrain staff, a survey has found.
Wesfarmers Premier Coal Ltd and Blackham Resources Ltd have ended their dispute over the Scaddan Energy Project tenements near Esperance, by signing a joint venture agreement to develop the project.
Perth-based Montezuma Mining Company Ltd is seeking to raise up to $3 million to fund an accelerated exploration program at its Peak Hill gold mine near Meekatharra.
VDM Group Ltd subsidiary, Wylie & Skene Pty Ltd, has won new contracts with Rio Tinto Ltd and Fortescue Metals Group Ltd in the Pilbara totalling $14.5 million.
The volume of owner occupier home loans in Western Australia jumped by 4 per cent in November, despite coinciding with the Reserve Bank of Australia's most recent interest rate hike.
Centro Property debts may blow out; Steely determination: Rio vows to export iron ore from India; Labor warns energy exporters to put Australia first; Coles retains hopes of pharmacies in stores; Qantas buffeted as downgrade, $62m fine bite
Perth-based gold exploration company Scotgold Resources Ltd has made a positive debut on the Australian stock exchange today, after sucessfully raising $4.9 million via its November public offer.
Sydney-based property giant Mirvac Ltd is to take on development of the Binningup townsite north of Bunbury, entering a deal with Binningup Nominees Pty Ltd, the long-running proponent of Lakewood Shores.
Inspectorate International Ltd, a division of UK-based Inspicio Group, has bought Kalassay Group for $25.6 million, continuing the growing acquisition activity of the major geochemical assaying laboratories in WA.
Cooper Energy Ltd has been formally advised by the Tunisian Department of Energy that the Bargou prospecting permit has been converted to an exploration licence for a five year term.
VDM Group Ltd subsidiary Civmec Construction & Engineering Pty Ltd together with its joint venture partner UK-based Laing O'Rourke have been awarded a $146 million project by Argyle Diamonds.
Henderson-based Nomad building Solutions Ltd has announced today the $40 million acquisition of the construction, property management and modular building business units of Rapley Wilkinson.
Farm budget bonus firms hope of bumper grain crop; Shakeout turns MFS into a target; Credit crunch cuts super returns; Debt funding boosts Windimurra; Iron ore prices ready to roar
Perth-based uranium producer Paladin Energy Ltd says its Langer Heinrich mine in the African nation of Namibia has achieved its production target for the December quarter of 390,807 pounds of uranium oxide.
Geraldton marketing and web development agency Market Creations Pty Ltd has announced the acquisition of IT support company, Mitchell and Brown Corporate, strengthening the end to end business solutions provided by the firm in the Mid West town.
Avalon Minerals Ltd has announced today that it was granted Lake Barlee exploration licence, which is the first application to be granted within the portfolio of 13 Western Australian uranium exploration licences acquired by Avalon last year.
Dragon Mining Ltd wholly owned subsidiary, Polar Mining Oly, was granted an Environmental Permit by the Supreme Court of Finland for mining operations at the Jokisivu Gold Project in southern Finland.
Internet service provider iiNet Ltd announced today that it entered a 15 year international capacity agreement with Pipe International Pty Ltd as a foundation customer of the PPC-1, an undersea cable linking Australia to Guam's communications hub.
Perth-based scooter manufacturing and distribution group Vmoto Ltd announced today an annual revenue target of over $100 million a year by 2011 with the Stage 1 of the company's China plant expected to be operationnal by mid year.
Stokes bid inaction blamed for WAN share slide; Coles returns to WA beef; Credit fears weigh on Wall Street; Big Business demands budget cuts to ease inflation; JB Hi-Fi upbeat despite 16% slide
Iron ore newcomer Fortescue Metals Group Ltd is sticking to its May 15 deadline for its first shipment, denying speculation that its debut delivery could be as late as August.
The Australian stock market failed to follow Wall Street's higher lead overnight, with the benchmark index falling below the 6,000 mark, leaving investors nursing the weakest start to new year trading for 17 years.
Marine engineering services group Neptune Marine Services Ltd has gone ahead with a share purchase plan seeking more than $23 million to primarily fund the recent acquisition of the Sea-Struct business.
Funds associated with New York commodities hedge fund player Ospraie Management LLC have emerged with substantial stakes in two major Western Australia companies, both outside the group's previous purely mining focus in the state.
New figures reveal that the median Perth house prices rose 1.1 per cent to a record $466,000 in the December quarter, slightly higher than the previous peak recorded in the March quarter last year.
Wesfarmers debt concern; Investors melt down Alumina; Labor to dump takeover tax; Inpex signals cost blowout may delay Ichthys LNG project; Clough hints at surprise turnaround to black ink
