A Supreme Court judge has ordered the $1.5 billion owed to liquidators of Alan Bond's former Bell Group of companies be either put into a Public Trust or a bank account with one of the major banks.
GHD and GRD Minproc have jointly won a key contract for the Cape Lambert iron ore project by a Chinese company, while GHD will separately carry out studies for the operation's port, power and water needs.
Thai oil and gas firm PTT Exploration and Production Public Company will acquire a subsidiary of OMV Australia that holds interests in the Timor Sea, in a deal valued at about $US10 million ($A11.6 million).
Perth-based Dragon Mining plans to buy the remaining interest in the Weld Range tenements in the Mid West from joint venture partners Minara Resources and the administrators of Sons of Gwalia for $2.35 million.
The impact to an environmentally sensitive area within Sinosteel Midwest Corporation's Mid West iron ore project has been deemed minimal, as the state government today upheld the Chinese company's appeal.
The state government has given the go-ahead for the Cape Peron marina project at Rockingham, which will provide much-needed boating pens and create business opportunities.
Shares in Lynas Corporation have remained in a trading halt as the company steps up potential funding talks after a Chinese firm yesterday withdrew its $505 million deal.
The state government has managed to keep its annual budget in the black despite revenue growing by just 0.5 per cent and spending skyrocketing by 13.5 per cent.
Litigation funder IMF (Australia) expects to pocket about $17 million after Sons of Gwalia creditors yesterday voted in favour of a $125 million settlement with the collapsed miner's former auditor, Ernst & Young.
Cazaly Resources will raise $4 million through a private deal with an unnamed Chinese company, as it looks to advance Parker Range iron ore project in the Yilgarn region.
Another Chinese entity has made its way onto Mount Gibson Iron's share register, with the coal company buying Shougang Concord's interest in the miner for $176.3 million.
THE green light for the Gorgon gas project has boosted the share prices of most of the contractors vying for a slice of the estimated $43 billion cost to build Australia's single biggest resource project.
Melbourne-based Cue Energy Resources says it will look for a joint venture partner shortly for its gas project off the Pilbara coast, which has the potential to host a large resource.
Perth-based explorer CityView Corporation has scrapped one acquisition in favour of another that will give it a controlling stake in a coal briquette company, with the deal valued at $27 million.
Shares in Lynas Corporation have been placed in a trading halt, pending an update regarding a $505 million deal with China Nonferrous Metal Mining Group Co.
Entrepreneur and minerals explorer Bill Clough has cashed in a large pile of Mirabela Nickel shares, pocketing more than $6.5 million through an on-market sale.
West Perth-based gold miner Resolute Mining will tap the market for fresh equity again, nearly three weeks after it announced a convertible note issue to raise up to $35 million.
West Perth-based Leyshon Resources says it will look to acquire more projects after selling its majority interest in a Chinese gold project for $US34 million ($A39 million).
The government's commodity forecaster has revised down its minerals and energy export earnings projection for 2009/10 as a result of lower contract prices for bulk commodities.
An independent expert has judged Coote Industrial's $4 million convertible note offer to Elphinstone Group as reasonable but not fair due to the substantial share discount.
Westralian Gas and Power executive chairman Peter Briggs says the decision to terminate the relationship with Oswal Resources was due to differing views on exploration.
Shares in United Minerals Corporation have climbed higher after the Perth-based company announced it had increased its Pilbara iron ore resource, boosting its confidence of production in early 2011.
Property developer Port Bouvard says its share price rise over the past week is due to the company being undervalued and the recent opening of the Perth to Bunbury highway.
Perth's oldest stockbroking firm, DJ Carmichael, is looking to beef up its corporate finance team as Ian Dorrington is appointed managing director and Brian Hockney as chairman.
Shares in Liberty Resources have surged higher on the back of a resource boost from 338 million tonnes to 3.1 billion tonnes at its Queensland coal tenements.
The number of Western Australian companies looking to list on the local stock exchange is gaining momentum with Laconia Resources the latest to open its $6 million initial public offer.
CITIC Pacific says it is meeting with unions over claims that workers at its $5.2 billion Sino iron ore project near Karratha have been exposed to unsafe levels of asbestos.
