Perth-based Cool Energy is considering a public capital raising if upcoming field tests on its new technology to extract prohibitive greenhouse gas carbon dioxide from gas streams are successful.
Grange Resources’ search for an equity partner in the development of its billion dollar-plus Southdown magnetite and iron pellet project has received a boost with a resource increase to more than 400 million tonnes.
International oil and gas engineering/construction heavyweights Technip and Subsea 7 have formed a Perth-based joint venture to battle for lucrative subsea contracts in the Asia Pacific region.
After falling victim to the doomsayers, having its share price halved and slipping off the radar for a few months, Andrew Forrest’s Fortescue Metals Group and its ambitious $2.3 billion Pilbara iron ore project appear to be back on track.
Gold ore from external and internal sources is expected to bring prospector Mark Creasy’s Bronzewing discovery back in production in the first half of next year.
While television is still the first medium of choice for major advertisers, Perth agencies and their clients are looking at new alternatives to break through the growing advertising clutter and reach an increasingly fragmented audience.
West Australian Newspapers is embarking on a $189 million, two-year expansion plan that includes a $31 million redundancy provision to cover 220 full-time production staff at the company’s Herdsman headquarters.
The $173.5 million acquisition of a 50 per cent stake in Hoyts Cinemas, a step outside West Australian News-papers’ traditional comfort zone and the development of its online services, is costing the company.
The clamour for the scrapping of Australia’s three uranium mines policy introduced by federal Labor in 1984 is growing louder, and it’s coming from within federal and state Labor ranks.
The battle for territory in Perth’s independent newspaper market is getting fiercer as new players look to secure a slice of the action, as Mark Mentiplay reports.
A Distinguished economist has painted a rosy picture of economic growth opportunities for Western Australia, but warns that capitalising on the predicted boom in the Indian economy will be entirely different from the Chinese experience.
AN increase in iron ore prices of 71.5 per cent this year has added a massive incentive to second-tier iron ore producers/explorers in Western Australia, particularly those in the Mid-West.
The State Government has given the clearest indication yet that it will back the construction of a new deepwater port at Oakajee, 22 kilometres north of Geraldton.
MT Gibson Iron has big expectations for its future as it looks to grow from a small Mid West region iron ore producer to one with annual sales worth more than $1 billion.
Western Australia is losing its share of global investment in mineral exploration, according to Association of Mining & Exploration Companies CEO Justin Walawski.
Lionore Australia will spend more than $250 million on short-term upgrade and development for its Western Australian nickel assets to push nickel production from 19,000 tonnes a year to over 30,000tpa by the end of 2006.
