Subiaco-based mineral exploration company Venture Minerals Ltd has secured $6.38 million in funds for further exploration at its Mount Lindsay magnetite tin project in Tasmania.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
Boutique brewing company Little World Beverages Ltd has reported a 20.6 per cent boost in total revenue to $16.7 million in the half-year ended December 2007.
Western Australia's biggest electricity supplier, Western Power, is under pressure to lift its service standards following the release of a critical report by the Economic Regulation Authority today.
Premier Alan Carpenter has announced a reallocation of state cabinet portfolios with indigenous affairs minister Michelle Roberts set to hand over her employment protection portfolio to minister Jon Ford.
Henderson-based ship builder, Austal Ltd, has announced a net profit after tax of $29.9 million for the six months to December 2007, up 35 per cent on the $19.4 million achieved in the 2006 corresponding half.
Perth-based drug discovery company, Phylogica Ltd, has announced the appointment of former president of pharmaceutical giant Bristol-Myer Squibb (Europe), Aki von Roy, as the company's executive chairman.
Perth-based Mallee Gold Corporation Ltd has formed an alliance with Metals Finance Corporation to develop mineral resources projects in the United States.
Perth-based internet service provider, EFTel Ltd, has won an interim determination for cost relief from the Australian Competition and Consumer Commission regarding its line sharing access dispute with Telstra Corporation Ltd.
Aspen Group Ltd has resported an underlying net profit after tax of $19 million for the half year, representing a 63 per cent increase on the corresponding period.
Portman Ltd reported a full year net profit for 2007 of $96.6 million, down almost 17 per cent compared with the previous year, blaming the rising Australian dollar, hedge book movements, higher costs and an unfavourable sales mix.
Head office relocation costs and IT integration costs have continued to hamper automotive and industrial parts business Coventry Group Ltd which reported a normalised profit after tax of $3.9 million, down 42 per cent.
Listed WA property group Port Bouvard Ltd has advised the market that it had decided not to proceed with the syndication of its Oceanique Luxury Apartment development.
Cedar Woods Properties Ltd has reported an interim net profit of $4.6 million, maintaining its full year net profit forecast of approximately $20m, which will be a record for the company.
Earthmoving player NRW Holdings Ltd announced an interim net profit of $22.3 million, which it says puts it on track to at least achieve its full-year prospectus forecast of $40.2 million. Shares in the company were marked down almost 6 per cent today.
The Court of Appeal of the Supreme Court of Western Australia has today dimissed Uranium Equities' appeal in which it sought to assert a claim to some of Energy and Minerals Australia tenement holdings at Mulga Rock, located north of Kalgoorlie.
Western Australian-based Indian Sandalwood grower, TFS Corporation, has announced today its interim results for the first half of the year and advised that it expects an increase in full year net profit after tax of at least 15%, and 13% on an earnings pe
Leading national window coverings company Kresta Holdings Limited is on track to exceed last year's full year financial result after announcing a 45 per cent increase in net profit after tax for the half year.
Wesfarmers Kleenheat Gas has been taken to task in the Federal Court of Brisbane for varying the pricing for bulk LNG supplied to some commercial customers.
Specialist mining and energy software developer, ISS Group Ltd, has reported a significant boost in both revenue and profit for the six months to December 2007.
Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.
Western Australia continues to have the highest annual wages of all states at just over $63,000, around $3,500 higher than New South Wales, new Australian Bureau of Statistics data shows.
Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.
West Perth-based clean energy technology company, Carnegie Corporation Ltd, has acquired new solar thermal and wind aerofoil technologies, invented by its chairman Alan Burns.
International tests have confirmed that Collie coal is one of the most suitable coals for gasification in Australia, a result which the state government believes is a major step forward in the development of clean coal technology in Western Australia.
Silver Swan Group Ltd has announced the all-scrip acquisition of a portfolio of prospective gold, copper and base metal tenements in Western Australia's Murchison region from Mercator Gold plc.
Perth-based Indian sandalwood grower, TFS Corporation Ltd, has signed a five year deal with UK-based handmade cosmetics company Lush, for the supply of oil produced from TFS' plantations.
A Takeovers Panel review has rejected an appeal from Falak Holding LLC, over the panel's decision not to overturn the Dubai-based company's accidental sale of its stake in Golden West Resources Ltd to hostile suitor Faistar Resources Ltd.
