Resource explorer Centamin Egypt has entered into an agreement with a syndicate of underwriters to raise $73 million through a share placement, with funds to be applied to the development of the Sukari gold mine.
A new survey of Australia's chief executives in the manufacturing, construction and services industries has painted a grim picture for 2009, with sales for all sectors expected to weaken as the country starts to experience a significant slowdown.
Bentley-based mining services company TeamTech has been acquired by Vancouver-headquartered Gemcom Software International, which will complement the latter's mine performance division.
West Perth-based explorer Advance Energy has received a return on investment of over 100 per cent as it finalises the $3 million sale of its Lone Camp gas project in Texas.
The Forest Product Commission has estimated the damage from a fire, which swept through more than 2,500 hectares of pines near Yanchep, at around $100 million to industry and $10 million in stumpage value to the state government.
Further declines in world investment markets have affected wealth management company Plan B Group Holding's funds under management, administration or advice.
West Perth-based Carnegie Corporation has entered into a preliminary agreement with the Department of Defence to investigate the feasibility of a wave energy facility at Garden Island off Western Australia.
West Perth-based oil and gas explorer GB Energy says it has the option to spend over $2 million to acquire a major interest in Protean Power which was developed a concept for a wave energy converter.
A study into the Mount Thirsty cobalt-nickel-manganese project in Western Australia has found the $606 million operation could catapult the joint owners into the world's top five cobalt producers.
The state government says it will provide an additional $31 million from the Royalties for Regions Scheme to increase support to country residents needing to travel away from their homes to access specialist medical services.
Galaxy Resources plans to capitalise on the anticipated growing demand for power electric and hybrid cars as it approves development of its $68 million Mt Cattlin lithium-tantalum project near Ravensthorpe.
Australian business people traveling abroad are more likely to offend while doing business in America and the UK than any other country, according to an international workplace survey released today.
The state opposition is calling on the government to be open and honest about its 3 per cent budget cuts as the planned $93 million Northbridge-based police complex is delayed.
Despite a low cash balance, Perth-based 3D Resources says it has sufficient funds to meet its obligations as its managing director steps down and the company suspends all exploration activity.
Sundance Resources is part of a consortium selected to construct and operate an iron ore export terminal in Cameroon which is expected to become a major shipping hub that will service the company's Mbalam iron ore project.
Nedlands-based Quickstep Holdings is set to make Western Australia a new hub for advanced aerospace manufacturing with the installation of three massive new autoclaves from the United States.
Perth-based Coal of Africa has appointed Morgan Stanley & Co and Evolution Securities as joint brokers as it prepares to list on the London Stock Exchange.
Neptune Marine Services has completed its $11 million acquisition of Aberdeen-based Subsea Engineering Services, a specialist provider of subsea consultancy and project services to the oil and gas industry.
Spending in the latest inquiry into the Varanus Island gas explosion has been capped at $1 million as former Woodside executive Dave Agostini and federal government appointee Kim Bills join the expert panel.
Western Australia has hit its second operating deficit in four months with the state's monthly report revealing a deficit of $17 million in October, down from a surplus of $458 million from a year ago.
West Perth-based Hillcrest Litigation Services expects to pocket up to $2.25 million in profits following the successful completion of arbitration proceedings of its client Austin Australia.
Some 21 per cent of Mount Gibson Iron shareholders have participated in a $96.5 million rights issue, with the remaining shares to be taken up by APAC Resources and Shougang Concord.
Perth-based oil and gas explorer Otto Energy plans to start drilling the Santa Rosa tenements in Argentina in June this year after the approval of a near $6 million exploration budget.
Comedian Mary G, Professor Fiona Stanley and local government chief executive Ricky Burges are just a few of the names appointed to a new, nine-member Indigenous Implementation Board to be chaired by Lieutenant General John Sanderson.
The state government has given the go-ahead for a new $135 million hospital in Albany, which will service more than 50,000 local residents in the Great Southern region.
Iron ore hopeful Brockman Resources has appointed UBS Investment Bank as its corporate advisor to help capitalise on the current global market conditions and assess business opportunities.
