A lift in business confidence has driven expectations that Western Australia's economy will strengthen early next year, an inaugural index by the Chamber of Commerce and Industry shows.
Western Australia's unemployment rate has recorded the largest drop in August compared to other states while the nation's jobless rate remains steady at a seasonally adjusted 5.8 per cent, new figures show.
Paladin Energy says it has received strong institutional support for its $419 million share placement, which will be used to fund acquisitions and expand its Langer Heinrich uranium mine in Namibia.
Perth businessman Gordon Martin's bid to bankroll a rescue package for Great Southern's timber plantations has gained traction amongst growers while a US investment fund has given its financial support for the move.
The state's corruption watchdog has dropped charges against former Labor MP Shelley Archer after the Director of Public Prosecutions said a trial would not be in the public interest.
The economic downturn has not dampened enthusiasm for exploration of the state's oil and gas assets, with expenditure up 33 per cent in the June quarter compared to a year ago.
Galaxy Resources has potentially extended the life of its $68 million Mt Cattlin lithium project near Ravensthorpe after striking a deal to acquire a majority interest in nearby tenements owned by Traka Resources.
Two new directors have been appointed to Compass Hotel Group, allowing the company to pick up the pieces nearly two months after three-quarters of the board walked out.
China has today expanded its presence in the state's junior iron ore sector, striking placement deals valued at nearly $40 million with two explorers that hold projects in Western Australia.
West Perth-based uranium explorer Energy Metals has recommended a proportional takeover bid by a Chinese firm, which will underwrite an $11.7 million rights issue.
The mining union has warned that WA's resources sector is not ready for the overhaul of the state's mine safety system and has called on the Barnett government to establish a steering committee.
Two Perth-based companies are a step closer to mining their gold projects in the Goldfields after receiving necessary government approvals from the state government.
Indago Resources has negotiated a deal to sell two of its non-core assets to Subiaco-based Lumacom in a cash and scrip deal valued at nearly $3 million.
Perth-based oil and gas company Amadeus Energy has bowed to disgruntled shareholder CVC's demands, announcing today that managing director Geoffrey Towner will step down and two other directors will resign.
Local consumers are becoming increasingly confident about an economic rebound in Western Australia in the year ahead, according to a new confidence survey.
Former University of Western Australia researcher Dr Bruce Gray will be able to keep his $75 million stake in Sirtex Medical after the Federal Court today dismissed the university's appeal over ownership of the biotech's intellectual property.
Iluka Resources has cut a further 54 jobs at its Western Australian operations as the company moves to focus on its Victorian and South Australian projects.
The two companies that manage Great Southern's olive groves in Western Australia have joined forces to develop proposals for the collapsed company's olive managed investment schemes.
Navigator Resources will press ahead with its acquisition of the Bronzewing gold operation after securing a $16 million debt facility and revealing plans for a $24 million capital raising.
Shares in Murchison Metals have surged as the company flags the potential to increase the scope of its Mid West iron ore operation after setting an additional exploration target of up to 1 billion tonnes.
TWO prominent directors of Western Areas have pocketed more than $11 million from the sale of shares as unrelated company Western Areas Exploration makes its way on to the share register after a lengthy court battle.
The state government will provide nearly $8 million of additional funds and employ a further 72 people to boost WA's Resources Safety Division as the state's mining death toll creeps up.
Herald Resources has reiterated its rejection of a takeover bid by Jakarta-based PT Bumi Resources despite another major shareholder advising it will accept the offer.
Western Australia is set to receive first funds from the Rudd government's $650 million Jobs Fund, with the bulk of the funds to go to projects in the south west of Perth.
Assets of the parent company behind ferry operator Oceanic Cruises have been put on the market as a going concern as administrators and receivers are appointed.
Moly Mines has jumped the final logistical hurdle for its $9.4 million Spinifex Ridge iron ore project in the Pilbara after securing port space at the new Utah Point facility in Port Hedland.
