Atlas Iron will expand its footprint in the Pilbara after deciding to exercise its option to acquire iron ore rights in six Pilbara tenements from Haddington Resources for $1 million.
The state's health department says it expects to save several million dollars as a result of a printing contract awarded to a Victorian business director by former Liberal leader John Hewson.
House prices in Perth have dropped more than 3 per cent in the March quarter, suggesting activity in the housing sector may not be as strong as anecdotal evidence implies, economists say.
Perth-based Focus Minerals has completed the second part of its $28 million capital raising, with shareholders out in force for the $3 million share purchase plan.
A joint venture between NRW Holdings and VDM Group has won a $240 million contract from CITIC Pacific for work at the port area of the Sino iron project at Cape Preston.
Perth-based Aditya Birla Minerals has reported a full-year net loss of $76 million as it halted production at two of its operations on the back of lower commodity prices.
Moly Mines says it is looking for projects with cash-flow potential to ease its debt pressures as a six-month deadline for a $US150 million ($A206 million) loan looms.
Balcatta-based Videlli, formerly ERG, plans to delist from the Australian stock market to better focus on its Tcard project litigation in New South Wales.
China Nonferrous Metal Mining Group Co (CNMC) is set to gain control of Lynas Corporation, which holds a rare earths project in Western Australia, after striking a $505 million deal.
Chevron says it will work with the state government on appropriate conditions for its multi-billion dollar Gorgon gas project after the environmental watchdog reluctantly gave the go-ahead to expansion plans.
Woodside Petroleum says production at its Vincent oil project will resume production at the end of June after a fire at its processing facility earlier this month.
Around 140 jobs could be lost at Fonterra Co-operative Group's Balcatta operation after the New Zealand dairy exporter agreed to sell its Australian ice cream business to Nestle and Bulla Dairy Foods.
The Environmental Protection Authority will tomorrow release its recommendations on Chevron's expansion proposal for the Gorgon liquefied natural gas project.
Straits Resources says it expects to deliver shareholders around $94 million of the $US335 million ($A470 million) deal with Thailand's PTT International Company, which achieved financial close today.
Sundance Resources has raised nearly $11 million through a share purchase plan as talks continue with potential strategic partners for the Mbalam iron ore project.
Nedlands-based Tox Free Solutions has decided to drop its acquisition of a Victorian waste management company as it revises down its earnings forecast for the 2009 financial year.
Shares in Aurox Resources have surged after it received environmental approval for its Balla Balla magnetite iron ore project in the Pilbara in a move the company says will provide certainty for potential financiers.
Galaxy Resources says it is investigating several sites in China for a processing plant for its Mt Cattlin lithium and tantalum project near Ravensthorpe.
Gindalbie Metals has welcomed the Environmental Protection Authority's long awaited report on its $1.8 billion Karara project but may appeal over the exclusion of one iron ore deposit in the project area.
Fox Resources has confirmed it has undertaken a $3.4 million private placement with funds to drive exploration across the company's nickel and copper projects.
Straits Resources has called a halt to trading of its shares, pending an announcement to its recent $US335 million ($A474 million) deal with Thailand's PTT International Company.
The state's economy is tipped to fall into recession in fiscal 2011 however Access Economics has forecast a "slow slowdown" as spending on big projects such as the $12 billion Pluto project offsets a dramatic downturn.
Australia's consumer credit laws are set for an overhaul with the federal government today releasing draft legislation that looks to slash red tape for business and impose tougher penalties for irresponsible lending.
Tap Oil says it will farm-out interests in some of its projects in order to boost its forward cash flow while it cuts its 2009 exploration expenditure by 65 per cent on the back of lower oil prices.
