Shares in takeover target Dioro Exploration have been placed in a trading halt ahead of an announcement regarding a Canadian company's proposal to buy it's flagship asset while hostile suitor Avoca Resources extends its takeover offer again.
Shares in Perth-based Strike Resources have surged after it reached a settlement deal with its Peru partners, which wipes a $US24.25 million ($A29.5 million) liability from its balance sheet.
Construction and mining contractor Macmahon Holdings has secured an extension of its contract at BHP Billiton's Olympic Dam mine, valued at more than $110 million.
Nedlands-based Integra Mining says it has reduced the capital expenditure of its Randalls gold project near Kalgoorlie by 27 per cent after splitting the operation into two parts.
Premier Colin Barnett's mission to include China in the development of the Oakajee port and rail project has prompted an outcry from the local steel industry, which has appealed to the opposition for help.
The environment minister has given the green light to Gindalbie Metals to mine a key iron ore deposit as part of its $1.8 billion Karara joint venture, in return for the relinquishment of certain tenements.
Newmont Mining Corporation has revised down its full-year gold sales forecast as the $US3 billion Boddington gold project started operations yesterday, slightly behind schedule.
The cost of land in Perth is creeping higher with the median price at $225,000 in the March quarter, but prices are more than 10 per cent lower compared to the same period last year.
Shares in Murchison Metals have surged as much as 24 per cent today after the miner clarified the extent of talks with China over the Oakajee port and rail project.
Adelaide-based Toro Energy has put itself into the running to develop the state's first uranium mine, saying its Wiluna project could start production as early as 2012.
Shipbuilder Austal could be in line to win further US defence contracts after a committee included funding for two more combat and high-speed vessels in its fiscal 2010 budget.
Nomad Building Solutions is the latest recipient of a Gorgon gas project contract, with work awarded as part of an overall $500 million contract to build the accommodation village.
Canada's Mega Uranium has taken a step closer towards developing the state's first uranium mine with the signing of a formal agreement for a $60 million Japanese deal and guaranteeing to provide employment opportunities for indigenous Western Australians.
Perth-based Amcom Telecommunications has upgraded its earnings forecast for the 2009 financial year following an increase in demand for its services in the second half.
MINING identity Andrew Forrest has continued his philanthropic ways, donating his all-scrip director payment from Poseidon Nickel to his charity, The Australian Children's Trust.
It's become a family affair at Perth's newest brokerage, Blackswan Equities, with founding Porter Western partner Tim Lyons appointed the inaugural executive chairman.
Litigation funder IMF (Australia) has agreed to fund claims by various former clients of Perth stockbroker Todd King against Australian Stockbroking and Advisory Services.
Property developer Port Bouvard has booked a $29 million net loss for the 2009 financial year which includes a more than $30 million asset impairment charge as a result of a weakening property market.
Opposition spokesperson Ben Wyatt says the state's finances are in disarray after the latest monthly treasury figures show government expenses had increased by $2 billion.
Miner Magellan Metals has stressed that its export process of lead carbonate concentrate meets the strictest conditions after a freight train derailed near houses in Fremantle.
Atlas Iron says it will increase the size of its $11.7 million share purchase plan by 28 per cent to accommodate for a substantial amount of oversubscriptions.
Dioro Exploration major shareholder Baker Steel Capital Manager has increased its stake in the takeover target, which is expecting an offer from a Canadian company to trump the hostile Avoca Resources bid.
Mining services company Imdex and drilling specialist Coretrack have agreed to a $28.4 million merger that will create an entity focused on the burgeoning oil and gas sector.
South Perth-based Uranium Australia is gearing up for a local stock market listing in October as it receives expressions of interest from brokers to underwrite its $6 million initial public offer.
The Chamber of Commerce and Industry WA has shown it is not immune from the economic downturn after the business lobby group confirmed today it had retrenched around 12 employees.
Avita Medical has secured a $5 million funding facility from Melbourne-based Fortrend Securities for its skin injury device as part of a strategy to accelerate sales in Europe.
Takeover target Dioro Exploration says it is in advanced discussions with Canadian copper and gold miner Northgate Minerals Corporation as original suitor Avoca Resources extends its $68.5 million offer.
BC Iron is one step away from receiving full support from Fortescue Metals Group for its $43 million Pilbara iron ore project, with the miner requesting one further test.
