Mark Beyer

Technology investor ST Synergy Ltd has vowed to continue supporting the commercial development of its subsidiary Panorama Labs Pty Ltd, after striking a deal to buy its assets for just $1.35 million.

A small group of Perth investors who continue to support the unfashionable biotechnology sector are hoping that patience will prove to be a virtue, just like for the mining investors who stuck to their guns during the tech boom and are now reaping the rew

State Environment Minister David Templeman has set tongues wagging after he effectively vetoed one of the final decisions handed down by acting Environmental Protection Authority chairman Barry Carbon.

Desalination plants could supply up to 45 per cent of Perth’s drinking water by the year 2015, Water Corporation chief executive Jim Gill has predicted.

Investment group Babcock & Brown has entrenched its position as the biggest private sector player in energy generation in Western Australia after agreeing to buy 100 per cent of the AlintaAGL business.

The owners of the Dampier to Bunbury natural gas pipeline are in a commercial stand-off with the new operators of the pipeline, after investment group Babcock & Brown teamed up with Singapore Power to buy Alinta Ltd.

Brierty Contractors Ltd has joined the rush of mining services and contracting groups planning to list on the Australian Securities Exchange with the launch this week of a $60 million initial public offering.

Perth entrepreneur and former University of WA academic Dr Bruce Gray has commenced further legal action against the company he established, Sirtex Medical Ltd, claiming unreasonable restraint of trade.

Palmary Enterprises has stated categorically that it does not have an interest in a mystery 16 per cent shareholding in takeover target Consolidated Minerals Ltd, nor does its president Gennadiy Bogolyubov or his business associate Igor Kolomoisky.

Consolidated Minerals Ltd bidder Pallingurst Resources Ltd has maintained the heat on rival bidder Palmary Enterprises by providing "prima facie evidence" that Palmary president Gennadiy Bogolyubov and Igor Kolomoisky are business associates.

Ukrainian group Palmary Enterprises Ltd has denied having an interest in a mystery 8.1 per cent stake in takeover target Consolidated Minerals Ltd, which has been linked in press reports to a business partner of Palmary president Gennadiy Bogolyubov.

Patersons Securities Limited has announced plans to establish a funds management division, joining other stockbroking firms such as Euroz Securities and Argonaut Securities in making this move.

ARC Energy is standing by its plan to pursue a $1.1 billion merger with Anzon Australia Ltd despite attempts by one of its biggest shareholders, Clive Palmer's Mineralogy Pty Ltd, to oust the current board and scrap the merger.

University of Western Australia physics professor and expert in gravitational science, Professor David Blair, has been named as the 2007 Western Australian Scientist of the Year.

A state government review of iron ore developments in the Mid West has been welcomed by companies with major projects in the region but left a cloud over several potential mines.

Family-owned smallgoods manufacturer D’Orsogna Ltd is targeting national growth after reporting a solid increase in annual sales and profit.

The University of Western Australia’s long-running battle to develop a 33-hectare parcel of land in Shenton Park looks set to proceed after the Environmental Protection Authority concluded that its proposal was acceptable.

The term ‘new economy’ was a popular buzz phrase during the dot com boom of the late 1990s.

South Perth company Aviva Corporation is confident of joining Alinta, Griffin Group and NewGen Power as major new entrants to Western Australia’s energy generation sector.

Mine developer Precious Metals Australia Ltd has negotiated a new gas supply agreement for its Windimurra vanadium project with Santos Ltd, two months after Santos cancelled their original $35 million agreement.

West Perth-based oil explorer Otto Energy Ltd has struck a deal to acquire an 18 per cent interest in a Philippines oil field that is set to enter production in April next year.

Gindalbie Metals Ltd and Midwest Corporation Ltd could be the losers from a state government review of the Mid West, which has endorsed the big iron ore projects planned for the region but put a question mark over several others.

Iron ore developers Gindalbie Resources Ltd and Sundance Resources Ltd confirmed today they would not be proceeding with their planned $2.4 billion merger after shareholders and institutions rejected the concept.

Gold miner St Barbara Ltd is seeking to raise $100 million of new equity to fund further exploration and development of its Western Australian gold projects, including its recent Tower Hill discovery near Leonora and its nearby Gwalia mine.

ARC Energy Ltd has negotiated deals to buy oil producer Anzon Australia Ltd and its UK parent company Anzon Energy Ltd, creating a merged group with a market value of about $1.1 billion.

Takeover target Midwest Corporation Ltd has claimed that its suitor, fellow iron ore miner Murchison Metals Ltd, has failed to provide sufficient infomation in the bidders statement, as it urged shareholdfers to take no action on Murchison's offer.

Three years after commissioning its $85 million manufactured lumber plant, the Dennis Cullity-chaired Wesbeam Holdings Ltd has scraped into the black with a small profit for the year to June 2007.

The state government is likely to approve two gas processing hubs on the west Kimberley coast despite conservation groups expressing concern about the impact of giant gas projects and the associated shipping movements.

Waste treatment is starting to emerge as a significant industry in Western Australia, led by regional councils that are backing major projects designed to divert municipal waste away from landfills.

The word ‘sustainability’, which has entered the business lexicon in recent years, is normally applied in the context of environmental management.

The State Government has approved a $225 million upgrade of Port Hedland's port facilities after securing up-front capital contributions from miners, including BHP Billiton, Consolidated Minerals and Atlas Iron, to cover nearly half the cost.

Investors in listed investment company LinQ Resources Fund have endorsed the strategy of the existing fund manager, with a majority rejecting proposals for change put forward by UK investor Carrousel Capital.