West Perth-based medical company Eastland Medical Systems Ltd has acquired a 30 per cent stake of African drug developer Star Medical (Botswana) Ltd for $900,000, the company announced today.
O'Connor-based insulation and air-conditioning company Cool or Cosy Ltd has announced a 77.6 per cent drop in half year net profits to $68,000, with the company partially attributing the fall to unseasonably cool weather patterns.
Singapore-based low cost airline Tiger Airways has announced plans to commence daily flights from Singapore to Perth in May, bringing the start date forward six months.
Leederville-based mining company Fox Resources Ltd recorded its first ever profit, or $1.7 million - up from the $4.3 million loss recorded in the previous corresponding period.
Cannington-based QRSciences Ltd has recorded an operating loss of $3.7 million despite a profit increase of 27.3 per cent - with the company hoping to break even at the earnings before interest and tax level by the end of the financial year.
The Eastern Guruma native tital determination, resolved by mutual consent of local indigenous people and mining interests among others, was ratified today at a Federal Court hearing near Tom Price.
West Perth-based Automotive Holdings Group Ltd has recorded a 25.3 per cent increase in first half net profits, bringing their total to $11.9 million, and earnings per share to 8.5 cents.
Perth-based nickel sulphide producer Sally Malay Mining Ltd has increased its first half net profits by 330 per cent to $32.7 million, helped by the company's growing Lanfranchi project and rises in the nickel price.
The Western Australian Government recorded a $1.16 billion operating surplus in the December quarter of 2006, according to findings released today by the Department of Treasury and Finance.
West Perth-based miner Straits Resources Ltd has reported a $39.6 million net profit, down 21 per cent from the record levels achieved in 2005, with earnings impacted by higher operating costs at the company's copper and gold operations.
Housing and Works Minister Michelle Roberts today announced the acquisition of a 2,350 square metre lot at 146 Fitzgerald Street in Perth, to be converted into 43 public housing units.
Burswood-based wireless communication technology developer Wavenet International Ltd secured a half-year net profit $946,000, up eight per cent on the previous corresponding period, the company announced today.
Two days after selling its Mt Ida gold project, Leederville-based International Goldfields Ltd has announced plans to sell its Evanston gold project and interests in three others to Polaris Metals NL in a cash and scrip deal.
West Perth-based property developer Cedar Woods Properties Ltd has received planning approval from the Victorian Government for a new town centre and residential project, to be situated in Melbourne's western suburbs.
Perth-based gold explorer, Colonial Resources Ltd will list on the Australian Stock Exchange tomorrow after raising $2.8 million in its Initial Public Offer.
Perth-based mineral explorer CopperCo Ltd will raise $30 million through a placement to raise funds for exploration and production expansion on the company's Lady Annie copper project, with Perth-based Mineral Securities Ltd taking a large part.
Agriculture Minister Kim Chance has announced the government is on track to eradicate an invasive pest from Western Australia - this one being the European Starling.
West Perth-based gold and uranium explorer Metex Resources Ltd will issue shares on a one for five basis to existing shareholders, aiming to raise $5.4 million to fund additional exploration and development of its joint venture with the CSIRO.
Perth-based property developer Axiom Properties Ltd has made a takeover bid for Queensland property group Eumundi Group Ltd after acquiring 17 per cent of the company for $4.3 million.
The Czech uranium mine targeted by West Perth-based uranium explorer Uran Ltd will continue to be explored solely by government enterprise DIAMO, although the door has not closed entirely on the proposal.
The State Government is reviewing land tax thresholds and scales, but would not abolish it all together, saying such a move would have a major impact on its ability to deliver services and build infrastructure.
Malaga-based window treatments company Kresta Holdings Ltd has announced a net profit of $2.4 million for the first half of the 2006-2007 financial year, a 53 per cent increase on the previous corresponding period.
West Perth diamond developer and producer Dwyka Diamonds Ltd has signed an earn-in agreement with BHP Billiton worth $6.6 million, which will see the giant earn a 50 per cent interest in subsidiary Danyland Ltd.
Perth-based burns treatment developer Clinical Cell Culture Ltd, or C3, has made a net loss of $5.4 million for the first six months of the financial year, down five per cent from the $5.7 million loss recorded in the previous corresponding period.
The plan of Perth-based precious metals explorer Dragon Mining NL to purchase a Ukranian gold project from fellow Perth company Eurogold Ltd in a scrip deal worth $13 million has hit a snag, with the mine being temporarily closed.
West Perth-based Mount Gibson Iron Ltd has announced a net profit after tax for the first six months of the financial year of $27.4 million, a 24 per cent increase on the previous corresponding period.
Leederville-based International Goldfields Ltd will sell the gold rights and infrastructure at its Mt Ida project to West Perth-based Monarch Gold Mining Company Ltd for $2.3 million.
West Perth-based geothermal energy exploration company Torrens Energy Ltd has announced plans to raise $6 million through its initial public offer, using the money to assess its portfolio of Geothermal Exploration Licences.
Perth-based property developer Aspen Group Ltd has announced a 621 per cent increase in net profit for the first half of the financial year, making $55.1 million.
Northbridge-based engineering and construction consultancy VDM Group Ltd has increased its net profit for the half year to $5.1 million, an increase of 182 per cent.
Perth-based contractor GRD Minproc has signed on with Resolute Mining Ltd to carry out engineering, procurement and construction management work on the $149 million Syama gold mine project in Africa.
