Padbury Mining said today it has received a non-binding offer from China's Taifeng Group Co to take a 30 per cent stake in the company and a half share of its Peak Hill iron ore project.
Manufacturing technology company Quickstep Holdings has struck a $17.3 million funding deal, primarily through the issue of convertible notes to US based financier La Jolla Cove Investments.
Automotive Holdings Group has responded to rumours that it is looking to acquire an automotive group in New South Wales by saying negotiations are underway.
Sherwin Iron Limited has undertaken an $8.5 million share placement at 16 cents a share to accelerate the drilling and development of its Roper River Iron Ore Project in the Northern Territory.
Perth-based switch room manufacturing specialist Lowrie Constructions has won its second contract on the US$15 billion PNG liquefied natural gas (LNG) project in Papua New Guinea.
Property developer Aspen Group has announced its unlisted syndicate, Aspen Parks Property Fund, has received credit approval for a $130 million debt facility with St George Bank.
The state's largest renewable energy project, located near Merredin, has passed a major milestone with Western Power completing a $20 million project to connect the wind farm to the grid.
Ramelius Resources has agreed to spend $28 million to bring the Mount Magnet operation back into production, making it the company's second producing gold mine in WA.
The state government has announced Anne Nolan will head the newly established Department of Finance, a move that follows the cabinet reshuffle of last year.
The Liberal-National Government today announced the three private sector organisations that have been shortlisted to design and build the state's $1.17billion new children's hospital, to be located at the QEII Medical Centre.
New research shows that more than half of WA employers believe that labour shortages and associated wage pressures are the biggest challenges to their businesses this year.
The Federal Government's mining resource rent tax has come under fire from the country's gold quarter as it gathered in Perth this morning for a two day conference.
Perth-based gold producer, Perseus Mining, has forecast a pre-tax gold earnings to around US$180 million within 12 months and rising much higher again in the following two years.
The Chamber of Commerce & Industry has called for a pay rise for low paid workers of $10 to $12 per week, about one-third the claim lodged by the union movement.
Bauxite Resources has finalised its joint venture with China-based Yankuang Corporation, which will now proceed with planning to construct an alumina refinery in the South West.
Henderson ship builder Austal has named Andrew Bellamy as its new CEO, moving him up the ranks from chief operating officer of the Australian business to the fill the void left by Bob Browning.
