The capital cost of stage one of Gindalbie Metals' Karara iron ore project in the Mid West has risen by 20 per cent after accounting for increases to the operation's scope and infrastructure capacity.
Atlas Iron expects to capitalise on the high iron ore prices after the Port Hedland Port Authority granted it permission to make additional shipments in the next few months.
International ratings agency Fitch has indicated that while the Commonwealth's proposed super profits tax on the nation's mining and resources outfits "isn't good news for Australian miners", it will not affect the ratings of these companies.
A new seismic survey passing through Western Australia's rich iron ore, copper-lead and gold regions has commenced hoping to improve understanding of the valuable resources buried under the ground of north-west WA's crust.
ANZ and Westpac have joined the other big banks, Commonwealth Bank of Australia and National Australia Bank in raising the standard variable home loan interest rate in line with the 25 basis point rise by the Reserve Bank of Australia (RBA).
The Economic Regulation Authority has progressed the development of one of the largest wind farms in the country after granting an electricity generation licence to the $750 million Collgar wind farm in the Wheatbelt.
Civil contractor Brierty has won an $18 million contract with Mount Gibson Iron for the construction of a haul road to the Extension Hill mine site located 260 kilometres south east of Geraldton.
Premier Colin Barnett says companies are reviewing their investment decisions in the state in light of the federal government's proposed new super tax on miners.
Toro Energy has decided not to exercise an option to acquire Deep Yellow's Napperby uranium project in the Northern Territory, saying the $57 million price tag is too high.
Patersons Securities has today opened its new office in East Perth after luring a smaller than expected group of advisers from RBS Morgans' Perth division.
United States-based IT company CSC has exteneded its relationship with Woodside Energy, today signing a $30 million, three-year IT contract with the liquified natural gas company.
Perth-based Dourado Resources has boosted its exploration portfolio following the acquisition of unlisted public company Zelta Holdings for $1.2 million.
The federal government is set to establish a new infrastructure fund with a starting base of $700 million to ready the country for future mining booms.
Miners and lobby groups have responded furiously to the federal government's intention to introduce a new resource super tax with BHP Billiton chief Marius Kloppers saying it will impact the future wealth of all Australians.
Education services provider Navitas has agreed to set up an international college at the Robert Gordon University in Aberdeen, its second deal with a Scottish university this year.
Traffic congestion around the Wellington Street train station will persist for another two months, after Transport Minister Simon O'Brien confirmed the Horseshoe Bridge re-opening had been delayed.
Jabiru Metals has given the go-ahead for the $32 million development of a second operation at the Jaguar copper-zinc mine, located 300km north of Kalgoorlie.
Dual-listed CGA Mining will become a strategic investor in Sierra Mining after agreeing to take a 10 per cent stake in the Perth-based explorer through a private placement.
The cost for sinking the railway line for the Northbridge Link has blown out by $100 million, months before a contractor is nominated to begin the project.
Shares in Po Valley Energy more than halved today after the Perth-based company warned that production and reserves at its Castello gas field in Italy may fall.
Great Southern subsidiary Rural Funds Management has escaped the clutches of its failed parent, paying $15 million to buy out the collapsed agribusiness' 70 per cent stake.
A survey of the country's oil and gas industry has revealed the sector paid $8.8 billion in tax in 2008-09, the highest level since data was first collected in 1987-88, the Australian Petroleum Production and Exploration Association says.
IT company ASG Group has acquired local SAP software provider Courtland Business Solutions in a multi-million dollar cash and scrip deal, opening up the SAP market to Oracle-focussed ASG for the first time.
Woodside Petroleum says partners in the Sunrise joint venture have decided on a floating liquefied national gas facility rather than an onshore plant at either Darwin or Timor-Leste (East Timor).
