FOR decades, successive state governments have dreamed of adding value to the millions of tonnes of raw materials mined and exported from Western Australia by moving further down the processing chain.
Sydney-based RIMCapital has written off its investment in unlisted company Yilgarn Infrastructure Ltd, which was the unsuccessful bidder for the development of the Oakajee deepwater port and associated rail project.
Western Australia's top end properties are among the most heavily discounted in the country's most expensive suburbs, according to new figures from RP Data.
West Perth-based Antares Energy has pocketed $10 million and plans to raise a further $2 million to buy additional Eagle Ford shale acreage in Texas and boost working capital.
The Chamber of Commerce and Industry WA says it would be a "mistake" to abandon reform in the state's electricty market by re-amalgamating Verve Energy with Synergy.
South Korea's Samsung Corporation has agreed to invest $40 million to take a small direct interest in Perdaman Chemicals & Fertilisers' $3.5 billion Collie urea project.
A popular Leederville burger bar has beaten hamburger craftsmen and women from around the country to win the title of Australia's Best Hamburger in the nation's biggest people's choice food awards.
Perth office vacancies worst in 17 years; RBS deal furthers ANZ's Asia push; Bankers punt on renewed appetite for IPOs; Avoca chief warns rival for Dioro is unproven; Rates on hold, but not for long
A popular Leederville burger bar has beaten hamburger craftsmen and women from around the country to win the title of Australia's Best Hamburger in the nation's biggest people's choice food awards.
Atlas South Sea Pearls expects to record a half-yearly profit of $2 million on the back of a general downturn in demand for luxury goods, offset by cost savings implemented by the Subiaco-based company.
Bendigo and Adelaide Bank expects its full-year earnings to be cut by a further 16 per cent after making extra provisions against its $550 million exposure to investors in Great Southern agribusiness schemes.
Western Australia's house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau of Statistics said today.
Development of Galaxy Resources' Mt Cattlin lithium project is ramping up with the emerging producer awarding a key contract to the DRA Pacific, Mintrex and BEC Engineering joint venture.
Shares in West Perth-based Metals Australia have plunged today after a Namibian court ruled two of the explorer's prospecting licences be turned over to their original owner.
Shell Australia chairman Russell Caplan has warned the world faces an energy supply crunch by 2015 if solutions are not found soon to the conflicting issues of rapid demand growth, dwindling supplies and the need to lower greenhouse emissions.
Moly Mines has warned its future depends on the success of debt restructure talks with its lender as project acquisition plans are put on the backburner.
The state government has conditionally agreed to build part of a major power line in the Mid West after it omitted the upgrade in this year's budget due to a substantial cost blow-out.
A preliminary study has confirmed Extract Resources' Rossing South project would be one of the world's largest uranium mines with an estimated capital cost of $US704 million ($A842 million).
The state's resource companies have led a strong rebound in the Deloitte WA Index in the second half of the 2009 financial year, with the market capitalisation of stocks jumping 30 per cent in the June quarter.
A group of Perth businessmen have won a three-year battle against Western Areas directors Terry Streeter and David Cooper, with the Supreme Court today awarding nearly $65 million to unrelated company Western Areas Exploration.
West Perth-based Navigator Resources plans to undertake trial mining at its Leonora gold project after reaching a deal with St Barbara to treat the gold at the Gwalia mill.
Western Australians are a negative lot compared to the rest of the nation with nearly half responding to a home finance survey believing their property values will decline in the next quarter.
Atlas Iron has approved the development of its Wodgina iron ore project in the Pilbara, which has a capital cost of just under $10 million thanks to a deal with Talison Minerals.
