Fraser Beattie

Listed companies Alliance Aviation Services and Virgin Australia have teamed up to help grow their respective charter businesses in the national fly-in, fly-out market.

Shares in Perth-based explorer Apollo Consolidated have surged on news it has struck an agreement with gold miner Newcrest Mining for its Seguela project in West Africa.

Cirrus Networks has announced non-executive director and IT entrepreneur Matt Sullivan will transition to the role of managing director at the company’s next general meeting.

Potash explorer Elemental Minerals has received a $123.1 million cash takeover offer from a Hong Kong investment group, but the company was quick to list a number of reasons why the proposal wouldn’t succeed.

Perth-based Automotive Holdings Group has appointed former Qantas senior executive Stephen Cleary chief executive of the company’s logistics business.

Energy giant Woodside Petroleum's decision to search for gas off the coast of Myanmar has proved fruitful so far, with the company announcing its second discovery this year.

Property developer Mirvac Group has lifted half-year profit 69 per cent, helped by revaluation gains in its portfolio, but expects conditions to remain challenging in Western Australia into FY18.

More than 140 local health and medical research institutions are set to benefit from an $8 million grant provided by the state government.

Monadelphous Group and AnaeCo’s long-delayed waste treatment plant in Shenton Park has finally been given a completion date, with a short list of tasks to be finished by mid-April.

Gold Road Resources has appointed GR Engineering Services to undertake a lead engineering role in a feasibility study for its Gruyere gold project near Laverton.

The state government has officially commissioned the $140 million Eastern Goldfields Pipeline, which will support the ongoing development of mining projects in the region and benefit operators of existing mines due to reduced costs

A photomapping company led by Perth tech entrepreneur Rob Newman has swung into the red following its expansion into the US.

A custom mouthguards maker that boasts AFL coach John Worsfold as a director has announced plans to list on the ASX through the reverse takeover of Perth-based explorer Mount Magnet South.

Mincor Resources has reported a half-year net loss of $34.7 million while fellow nickel miner Panoramic Resources has cut its directors’ fees and board size to further slash costs.

Geraldton-based Bhagwan Marine has grown its subsea services division with the acquisition of Delta Subsea for an undisclosed amount.

Professional services firm KPMG inked its 11th acquisition in the past two years today, announcing the purchase of Melbourne-based Markets IT for an undisclosed sum.

Murchison-focused gold miner Ramelius Resources expects to report a boost in net profit to $28.7 million for the six months to December, on the back of increased sales.

Renewed fears about slowing global growth have wiped $47 billion off the value of the Australian share market, which suffered its biggest fall in more than four months.

Crescent Capital Partners-controlled National Dental Care has entered the Western Australian market through the acquisition of Perth-based DB Dental for an undisclosed sum.

Perth-based explorer Image Resources has entered into an agreement for the purchase of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon company to emerge as a major shareholder.

A Newcrest Mining worker is believed to be trapped nearly 300 metres underground at the company’s Gosowong gold mine in Indonesia, after a ‘geotechnical event’ triggered a rock fall.

Ratings agency Moody's has downgraded Western Australia's credit rating to Aa2, reflecting an ongoing deterioration in the state's finances and concern that the government will be unable to meet its own spending targets.

A pre-feasibility study has confirmed the viability of Gold Road Resources’ Gruyere gold project near Laverton, with the study predicting a $455 million cost to bring it into production.

Perth-based gold explorer Tanga Resources has launched a $3.5 million capital raising for its Singida project in Tanzania.

Claremont-based technology company Structural Monitoring Systems says funds received from a new investor partner will be used to continue growth rather than bumping up overhead costs.

Perth-based regenerative medicine company Avita Medical says it will be able to focus more on its core ReCell technology after completing the sale of its respiratory business for $2.47 million.

Perth house prices are likely to fall by 3-5 per cent this year as the mining-dependent economy teeters on the verge of recession.

Transport and logistics business McAleese Group has flagged an impairment of up to $55 million in its half-year accounts, while remaining quiet on speculation of a recapitalisation plan.

Property developer Diploma Group has been selected to build the new Quest Hotel Midland and the Yanchep Surf Life Saving Club, with the two contracts worth a combined $22 million.

BGC Contracting has won a contract to manage a $58 million upgrade to a section of highway in NSW, including construction of 300-metre long bridge.

The long-running takeover battle for Australian ports and rail operator Asciano will continue after the competition watchdog delayed its decision on the rival bids.

Local explorer Northern Minerals plans to build a test pilot plant at its Browns Range project near Halls Creek at a cost of about $US18 million ($A25 million), rather than proceeding with full-scale development in light of the depressed rare earths market.