The WA Chamber of Minerals and Energy has cemented an alliance with the Minerals Council of Australia to create a consortium that will lobby certain issues that face the resources sector.
WA Mines Minister Norman Moore says the government aims to raise around $35 million a year for the state's new safety system, predominately from levies charged for each worker in the resources sector.
Shares in Eneabba Gas were higher after the energy outfit today entered a joint venture deal with Melbourne-based Cougar Energy for the development of its Mid West coal resources into an underground coal gasification project.
Perth-based Alkane Resources has reaped $9.7 million from the sale of its remaining 5.95 per cent interest in BC Iron to offshore and domestic institutional investors.
Property researcher RP Data says Perth's house prices are cause for concern as Armadale, Parmelia and Brookdale are found to be the cheapest suburbs in the metropolitan area.
The independent directors of Forge Group have recommended shareholders to not accept a proportional takeover offer by Clough, although the executive directors will stick to their previous commitment and accept the offer.
An attempt to remove the majority of Mesa Minerals' board have prompted the company to seek orders from the Takeovers Panel to block dissident shareholders from buying more shares.
Wesfarmers has moved to a quarterly coal pricing system for the majority of ore produced at its Curragh mine in Queensland after achieving a 70 per cent increase to current prices.
Property developer Port Bouvard has again pushed back the release of its capital management strategy as the suspension on the trading of its shares enters its sixth month.
Technology company Structural Monitoring Systems is looking at capital raising options after a partnership agreement, which was to underpin future revenue, was terminated.
Diploma Group is set to expand its presence in the eastern end of the Perth CBD, today announcing its fourth high-rise apartment building on Adelaide Terrace, valued at $50 million.
The corporate watchdog has frozen the funds of 16 companies associated with four men, including Perth man Scott Walker, due to concerns of a possible Ponzi-style operation.
Engineering construction activity in Western Australia is expected to take a breather over the next two years as activity nationwide is tipped to fall 6 per cent in 2010-11, an economic forecaster says.
Prime Minister Kevin Rudd has continued to sweeten his health reform plan ahead of a states and territories meeting, today announcing a $739 million takeover of aged care services.
The UK company behind the Wheel of Perth, located next to the Bell Tower, will dismantle the ferris wheel next month, some 15 months after it was erected.
Clive Palmer's Mineralogy has agreed to loan $3 million to Australasian Resources, which will use the funds to progress financing talks over the Balmoral South iron ore project.
Perseus Mining is set to tap equity markets again to raise up to $139 million through an underwritten share offering, a private placement and a share purchase plan.
Belgium's Nyrstar has upped the ante of its takeover bid for CBH Resources, today offering a choice of cash and scrip for each CBH share and $1,000 for every convertible note.
Scientists at Curtin University, University of WA and CSIRO working on the Square Kilometre Array project were among a number of recipients of the Australian Research Council's $27.2 million Super Science Fellowships scheme.
Perth-based Grange Resources has secured a 69 per cent price increase for its iron ore pellets and is making moves to change from benchmark to index-based pricing.
Clough's major shareholding in the Peter Hutchinson-led Forge Group appears to have deterred a potential takeover bid by an unidentified party, which today dropped its proposed offer.
Macmahon Holdings has confirmed it is poised to receive a $90 million government contract as it responded to a query by the Australian Securities Exchange.
International Petroleum has today unveiled plans to list on the National Stock Exchange, days after the Australian Securities Exchange blocked a deal with links to controversial businessman Frank Timis.
Energy Minister Peter Collier has today launched the first in a series of key solar energy installations as part of the $85 million Perth Solar City initiative.
Australasian Resources says it is finalising details of a capital raising, nearly two months after it was questioned by the Australian Securities Exchange over its cash reserves.
West Perth-based Atlantic has cemented its relationship with Mineral Resources, jointly agreeing to raise up to $100 million to complete the Windimurra vanadium project in Western Australia.
LISTED companies Western Areas and Coretrack are two businesses that raised capital during the March quarter, both effectively needing the funds to help with long-term growth strategies.
The WA Small Enterprise Network is calling on the government for policies that encourage greater use of alternative funding sources as small businesses continue to face difficulties in accessing credit.
