Minerals exploration growth in Western Australia is lagging other states due to a lack of incentives and big obstacles such as native title infrastructure and environmental protection, according to the Association of Mining & Exploration Companies.
Perth-based uranium resource company Prime Minerals will list its shares for trading this coming Wednesday, 3 January 2007, following the closure of its oversubscribed Initial Public Offer to raise A$2.2m.
Sales of commercial and retail property in Perth's central business district have boomed during 2006, almost doubling by value in the past 12 months according to real estate research group Cityscope.
Perth-based precious metals explorer Dragon Mining NL has announced plans to purchase the main asset of fellow Perth company Eurogold Ltd, the Ukranian Saulyak gold project, in a scrip deal worth $13 million.
Fremantle-based Deep Sea Fisheries Ltd has raised $15.8 million through the tender of its fishing rights in the Northern Prawn Fishery and sale of three fishing vessels.
Perth-based metals explorer Tasman Resources NL has signed a $6.5 million joint venture with Sydney-based WCP Resources Ltd on the Lake Torrens Iron Oxide, Copper, Gold and Uranium project in South Australia.
The Western Australian Government has signed a $160 million contract with EDI Rail-Bombardier Transportation Pty Ltd for 45 new railcars to service growing passenger numbers on Perth's rail network.
Westralia Airports Corporation and Exports Grain Centre chairman David Crawford has been appointed president of the National Competition Council, after serving as acting president since 2004.
Nedlands-based mobile phone company Commoditel Ltd has announced a positive cashflow from its recent acquisition of a mobile post-paid customer base from Vodafone Australia.
As work on the Southern Suburbs Railway progresses, freeway access from Riverside Drive has re-opened and Perth has regained an improved foreshore, says Planning and Infrastructure Minister Alannah MacTiernan.
Churchlands-based education provider IBT Education Ltd has acquired India-focused British education consultancy company Study Overseas Ltd and its associate, Employment Overseas Ltd, for around $9.4 million.
Fremantle-based marine services company Mermaid Marine Australia Ltd will merge with Dubai Ports World subsidiary P&O Maritime Services Pty Ltd through a share-trading arrangement.
West Perth-based coal mining company GVM Metals Ltd will raise around $6.1 million through a placement to London-based coal miner Asia Energy plc, almost the total cost of buying out its South African coal mining joint venture partner.
Shares in West Perth-based uranium exploration company Epsilon Energy Ltd rose 3.75 per cent at 1pm WDST on news the company had been granted an exploration license at its Eucla Basin Balladonia uranium project.
Leederville-based mining company Fox Resources Ltd will sell copper ore from West Perth-based Straits Resources Ltd in a deal potentially worth $4 million.
Western Australian tourism has celebrated a major milestone with Singapore Airlines carrying its record 500,000th passenger through Perth Airport for the calendar year.
West Perth-based base metals miner Vulcan Resources Ltd has accepted a $5 million convertible note facility from the LinQ Resources Fund and raised $1.9 million in a placement, the company announced today.
Mid West resources player Murchison Metals Ltd has released its feasibility study on the infrastructure options for the region, rejecting the southern rail route in favour of a northern railway as its preferred option.
Jennifer Lee Robbins, the wife of the first person charged over the Westpoint collapse, will have to inform the Australian Securities and Investment Commission before disposing of any properties held by the family trustee under a Supreme Court of NSW orde
The University of Western Australia is to recommence the approval process for a housing development on part of its endowment land at the corner of Selby Street and Underwood Avenue, Shenton Park.
Perth-based security technology group QRSciences Ltd announced the airport security device using its quadruple resonance technology, the Clear registered traveller kiosk, has won US Government approval for a nation-wide rollout.
Work on the $511 million new Perth-Bunbury Highway contract officially began today after a groundbreaking ceremony marked the start of its construction.
Nedlands-based LED pixel signage company Lumacom Ltd subsidiary Vertigo Group Ltd will supply 200 notice boards to schools throughout Shanghai province in an agreement with Visdom Media and Advertising Ltd worth $770,000.
Malaga-based Advanced Engine Components Ltd's Chinese subsidiary AEC China Ltd has signed an agreement to develop a range of DEUTZ Dalian natural gas engines with independent manufacturer FAW Dalian Diesel Engine Company Ltd.
West Perth-based coal mining company GVM Metals Ltd will fully acquire its South African joint venture, Baobab Mining and Exploration Pty Ltd, for around $6.2 million after agreeing to buy its JV partner earlier this year.
