Balcatta-based Clean energy technology group, Orbital Corporation Ltd, has forecast a profitable second half and full year after posting a reduced net loss after tax of $389,000 for the six months to December 2007, compared to $429,000 in 2006.
West Perth-based industrial company Schaffer Corporation Ltd has announced a net profit after tax of $5.8 million for the first half of the 2008 financial year, 11 per cent higher than the $5.2 million profit posted in the corresponding period last year.
Windimurra Vanadium Ltd has raised $54.8 million to fund development of its namesake project in Western Australia's Mid West, following the closure of its heavily oversubscribed entitlement issue.
Mineral exploration and energy technology company, Wasabi Energy Ltd, has raised $3.2 million through the sale of 4 million shares in Aviva Corporation Ltd at 80 cents each.
Diversified West Perth-based resources group, Kagara Ltd, has reported an 8 per cent fall in net profit to $35.9 million for the six months to December 2007, on the previous corresponding period's $38.9 million result.
Computer and office equipment financing company, ThinkSmart Ltd, has won a joint tender with The Warranty Group to support the delivery of warranty products and services within the Woolworths Consumer Electronics Group.
Nomad Building Solutions Ltd has been awarded two new contracts for the Queensland division of Nomad Modular Building Pty Ltd worth a total of $19 million.
Nickel miner Mincor Resources NL has announced a $31.3 million net profit after tax for the six months to December 2007, 16 per cent down on its $37.1 million profit for last year's corresponding period.
Earthmoving and mining equipment supplier, Emeco Holdings Ltd, has reported a net profit after tax of $30.5 million for the six months to December 2007, down 12.4 per cent on the corresponding period last year.
Diversified base metals explorer, Haddington Resources Ltd, is set to acquire the mineral exploration division of Adelaide-based drilling company, Underdale Drillers, for a potential consideration of $18 million.
Year 11 and 12 students will be able to learn about minerals, petroleum and hydrogeology while they study environmental science issues as part of a new course launched by the education and training minister Mark McGowan today.
Applecross-based engineering company, Monadelphous Group Ltd, has announced a record after tax profit of $32.1 million for the half year ended 31 December 2007, up 2 per cent on the previous corresponding period.
Osborne Park-based internet kiosk developer, pieNETWORKS Ltd, is hoping to raise a total of $1.5 million through the placement of 83 million new shares at 18 cents each to private investors.
Eurogold Ltd and subsidiary, Eurogold Holdings (Bermuda) Ltd, have accepted a $7.95 million settlement from Oxus Holdings (Malta) Ltd and Oxus Gold Plc, after OHML and Oxus terminated an agreement to buy Eurogold's Ukrainian gold assets.
Subiaco-based Golden State Resources Ltd has closed the initial public offering of White Canyon Uranium Ltd, after raising its minimum target of $17.5 million.
Perth-based Galaxy Resources Ltd has raised $1.79 million via the early staged exercise of unlisted options, to fund the completion of a feasibility study on its Mt Cattlin tenement in Ravensthorpe.
Premier Alan Carpenter has identified nine items of government legislation he expected the upper house of state parliament to pass in the next fortnight.
Western Australia's Chamber of Minerals and Energy has welcomed the package of skilled migration measures announced by the minister for immigration and citizenship, senator Chris Evans.
Falcon Minerals Ltd non-executive chairman Kerry Harmanis has resigned from the board of the company, with Xtrata Nickel Australasia executive general manager exploration, Peter Langworthy, appointed in his place.
Welshpool-based engineering company RCR Tomlinson Ltd has posted a net profit of $9.13 million for the half year ending December 2007, up 10.7 per cent on the corresponding period in 2006.
Vodafone Australia has appointed Angela Newland as its new general manager for Western Australia, replacing Darren Hayes who has taken up a senior role at the company's head office in Sydney.
Fremantle-based oil and gas services company Mermaid Marine Australia Ltd has reported a net profit of $7.5 million for the six months to December 2007, up 19 per cent on the previous corresponding period in 2006.
An inquiry ordered by agriculture minister Kim Chance has found no evidence that the actions of the former chairman of the Environmental Protection Authority, Dr Walter Cox, constituted misconduct under the Corruption and Crime Commission Act.
Brisbane-based minerals explorer, Diatreme Resources Ltd, has announced a potential billion-dollar discovery of zircon at the company's Cyclone Prospect in the Eucla Basin in Western Australia.
Belmont-based mineral sampling equipment manufacturer, Essa Australia Ltd, has posted a record net profit after tax of $1.9 million for the six months to December 2007, an increase of 23 per cent over the same period in 2006.
Western Australia's industrial land supply is set for a further boost following the start of site works on stage two of the Avon Industrial Park near Northam.
Preliminary data by the Real Estate Institute of Western Australia suggests Perth's housing market was flat-lining in the December Quarter of 2007, with no movement either up or down for the last three months of last year.
The opening of the Perth-to-Mandurah railway may have triggered a major change in the way Western Australians use public transport, with many more people using the system during the holiday period.
Perth-based gold explorer Mawson West Ltd has raised $2 million from the placement of 12.5 million shares at 16 cents per share to RMB Resources Ltd as trustee for the Telluride Investment Trust, and clients of Tricom Equities Ltd.
Moly Mines Ltd has awarded a $1.1 billion, seven year mining and earthmoving contract for the Spinifex Ridge Molybdenum Project to Perth-based contracting group Macmahon Holdings Ltd.
