Initial public offer activity for the non-mining sector in Western Australia appears to have come off last year's highs, with the lack of growth in the small- to mid-cap floats suggesting some companies are looking elsewhere for funding sources.
Western Australians are earning more than workers in any other state and the gap between the states is getting larger, new Australian Bureau of Statistics data shows.
The Perth Convention Bureau has appointed Paul Beeson as director of business development. Gareth Martin has been appointed director of business development, filling a 12-month vacancy.
Japanese company INPEX announced today that it may build its proposed LNG plant at Darwin rather than at its currently preferred option of the Maret Islands off the remote Kimberley coast.
Darrel Jarvis' 10 year attempt to build a global wine group is in jeopardy following Palandri Wine Group's decision to appoint voluntary administrators today after being pressed by a major creditor.
Shares in Image Resources NL spin-out, Emu Nickel Ltd, opened at 39 cents each on their Australian stock exchange debut today, 22 per cent down on their offer price of 50 cents.
Environment minister David Templeman and Environmental Protection Authority chairman Dr Paul Vogel have announced a wide-ranging review to streamline the state's environmental approvals processes.
Perth-based nickel sulphide producer, Sally Malay Ltd, has reported a net profit after tax of $24.4 million for the half year period ending December 2007, more than 25 per cent down on the previous corresponding half-year.
Yilgarn Infrastructure Limited has welcomed the announcement by the WA government of plans to release the Request for Proposal for the right to build a $1.5 billion deepwater port at Oakajee in the state's Mid West region.
West Perth-based mineral explorer Dominion Mining Ltd has announced a $14 million net profit after tax for the six months to December 2007, off the back of strong operational performance by its Challenger Gold Mine in South Australia.
Darrel Jarvis' 10 year attempt to build a global wine group may have come to an end following Palandri Wine Group's decision to appoint voluntary administrators today.
Mineral drilling company Swick Mining Services Ltd has announced a record first half profit and an upgrade to its full year earnings forecast, as it continues its market expansion.
Perth-based Eden Energy Ltd is planning to transfer its Australian geothermal assets to subsidiary company, Terratherma Ltd, ahead of a potential $20 million initial public offer.
Electrical engineering and control systems company, LogiCamms Ltd, is set to acquire Queensland-based Paterson Flood Engineers Pty Ltd and Competency Training Pty Ltd, for a total consideration of up to $12.1 million.
Integrated recycling group, CMA Corporation Ltd, has announced a $7.4 million net profit for the half year, a 159 per cent increase on the 2006 interim result.
Patersons Capital Partners - a joint venture between former Alinta Ltd executives and stockbroking firm, Patersons Securities - has partnered with West Perth-based optical products provider, C@ Ltd, to examine the potential establishment of carbon sequest
One of Malaysia's biggest oil and gas companies, Petronas, had approached the Geological Survey of WA for help in establishing a drill core library in their Kuala Lumpur office.
West Perth-based gold and base metals explorer, Brumby Resources Ltd, has expanded its portfolio of Pilbara iron ore tenements with the acquisition of six Yule River tenements from Resource and Investment NL.
Shares in Mount Pleasant-based tin explorer Consolidated Tin Mines Ltd debuted on the Australian stock exchange at 17 cents each today, slightly down on their offer price of 20 cents per share.
Empire Resources Ltd has secured additional cash to explore and develop its advanced copper gold projects after agreeing to sell its Yarlarweelor uranium project in Western Australia for $1.75 million.
Subiaco-based mineral exploration company Venture Minerals Ltd has secured $6.38 million in funds for further exploration at its Mount Lindsay magnetite tin project in Tasmania.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
WANH chief digs in for board battle with Stokes; Allco's last-ditch bid for survival; Mining pay goes through roof for execs in hot demand; Higher bid sees Zinifex win campaign for Allegiance; Challenger ponders funds' fate after 5% dip
Boutique brewing company Little World Beverages Ltd has reported a 20.6 per cent boost in total revenue to $16.7 million in the half-year ended December 2007.
Western Australia's biggest electricity supplier, Western Power, is under pressure to lift its service standards following the release of a critical report by the Economic Regulation Authority today.
Ever since Kerry Stokes' Seven Network Ltd made a pre-emptive strike on the WA Newspapers Holdings Ltd share register in late 2006, everyone in Perth has been wondering when he would throw his weight around. Today he did just that.
Internet services and telecommunications company iiNet Ltd has reported strong growth in profit for the half year to December 2007, driven by improved margins and lower costs.
Premier Alan Carpenter has announced a reallocation of state cabinet portfolios with indigenous affairs minister Michelle Roberts set to hand over her employment protection portfolio to minister Jon Ford.
Henderson-based ship builder, Austal Ltd, has announced a net profit after tax of $29.9 million for the six months to December 2007, up 35 per cent on the $19.4 million achieved in the 2006 corresponding half.
Perth-based Mallee Gold Corporation Ltd has formed an alliance with Metals Finance Corporation to develop mineral resources projects in the United States.
