Michael Ramsey

Gold miner Troy Resources says it has secured the final funding required to develop its Karouni project in West Guyana, with Investec Bank agreeing to provide the company with a $100 million revolving credit facility.

Carnegie Wave Energy has completed an oversubscribed $9 million capital raising as it continues development of its CETO 6 wave power technology.

Padbury Mining has confirmed the identity of its mysterious wealthy backer as hair regrowth businessman Roland Bleyer but has again called for more time before it can disclose details of the funding arrangement.

Former University of Western Australia vice-chancellor Alan Robson is among a group of leading academics appointed to advise the federal government on reducing red tape in the tertiary education sector.

Perth's crowded events calendar is set to accommodate another major conference, with more than 1,000 delegates set to attend the World Wide Web conference in 2017.

Shares in West Perth-based miner Metals X have closed higher after the company announced it had negotiated a restructured royalty agreement at its Higginsville gold operations.

Nedlands-based explorer Bullabulling Gold has signalled it will not accept a takeover bid from Norton Gold Fields which values the company at about $24 million, saying the offer does not reflect the value of its assets.

Diploma Group has been awarded three contracts worth a total of $66 million for the construction of residential and commercial developments in the Perth metropolitan area.

Padbury Mining has sought another extension to its suspension from trading, saying it needs more information from its mystery backer to determine whether they have the capacity to provide a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee.

The City of Subiaco has rebuffed a proposal from the City of Perth to incorporate its key commercial landmarks into the capital city borders while avoiding low-density residential areas.

West Perth-based gold miner Red 5 has cleared a key regulatory hurdle on the way to resuming production at its mothballed Siana gold mine in the Philippines.

Fortescue Metals Group shipped record quantities of iron ore in the first three months of 2014, despite posting softer production on the back of seasonal wet weather.

Listed transport and logistics company McAleese Group has announced plans to acquire Forrestfield-based WA Freight Group for $15.4 million.

Perth-based private company QCG Resources has agreed to purchase the mothballed Avesbury nickel mine in Tasmania from Chinese-controlled miner MMG for $40 million.

Premier Colin Barnett says he can't see "a great deal of substance" in junior explorer Padbury Mining's claims it has secured a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee, as the company missed a self-imposed deadline to reveal its mystery backer.

A consortium led by international investment groups Brookfield Financial and John Laing has been named as preferred proponent to build Perth's new sporting stadium at an estimated cost of about $900 million.

Perth-based rail services business Momentum Rail has been awarded a $4 million contract to supply rail workers and train drivers to the Roy Hill iron ore project in the Pilbara.

Aquila Resources says it has resolved its differences with joint venture partner Vale, with the two parties agreeing to the settlement of a long-running legal dispute related to their Eagle Downs coking coal project.

Perth-based surveying firm Asphar Survey Group has appointed administrators to one of its key subsidiaries, with difficult trading conditions forcing the company to restructure its operations.

West Perth-based junior African Energy Resources has announced plans to raise $4.5 million through a share placement and rights issue to advance its coal and power projects in Botswana.

Civil construction activity in Western Australia is set to fall by about 25 per cent over the next five years as a number of major resources projects are completed, according to a new report by forecaster BIS Shrapnel.

Coalspur Mines has dumped Forge Group's still-active North American business as its preferred engineering, procurement and construction contractor, as the fallout from the failed engineering company's collapse continues.

The owners of the Karara iron ore project have transfered Gindalbie Metals boss Dale Harris to a chief executive role at Karara Mining, in an apparent bid to bring the trouble-plagued project back on track.

The state’s public universities are bracing for a likely fall in revenue next year, with the number of eligible domestic school leavers set to fall as a result of a change to the school starting age a decade ago.

The Economic Regulation Authority has called for an end to the Royalties for Regions program and the abolishment of domestic gas reservation and the Keystart housing scheme, while also pushing for major payroll tax, land tax and stamp duty reforms.

Hours after announcing it had secured $US6.47 billion ($6.89 billion) in equity funding to construct a long-heralded port and rail network at Oakajee, junior explorer Padbury Mining has put its shares in a second trading halt in anticipation of revealing the identity of the investors.

Perseus Mining has launched an investigation into the cause of a fire in the processing plant at its Edikan gold mine in Ghana yesterday.

The Department of Health failed to properly assess its ability to commission Fiona Stanley Hospital on time prior to signing a $4.3 billion facilities management contract with Serco, according to a report by a parliamentary committee.

QUBE Property Group managing director Mark Hector and Emeco Holdings chief executive Ken Lewsey are among five business leaders appointed to the board of Lifeline WA, as the not-for-profit crisis support service looks to strengthen its corporate ties.

Shipbuilder Austal has been awarded a contract to design and construct two high-speed catamaran ferries for a Middle Eastern oil and gas company in a deal valued at $30 million.

Shares in cashed-up Moly Mines have slumped after the company's two most senior executives left the business and it admitted it was likely to suspend trading on the ASX after failing to acquire a new business.

Heron Resources says it can dramatically reduce capital costs at its Kalgoorlie nickel project by pursuing a smaller-scale plant option, describing the results of a scoping study as a step-change improvement in the economics of the project.