Babcock & Brown Infrastructure has been given an extension to purchase the remaining interest in WestNet Rail it does not already own, as it finalises its $339 million sale of New Zealand gas utility PowerCo.
South Perth-based Advanced Ocular Systems will transform into a scaffolding business after it agreed to merge with International Formwork & Scaffolding, valued at $22.5 million.
New motor vehicles sales in Western Australia have plummeted 21 per cent in November compared to the previous corresponding period, according to latest data from the Australian Bureau of Statistics.
Manganese miner OM Holdings says it will incur a loss of over $13 million after it closes another hedging position as Consolidated Minerals beefs up its interest in the miner.
A new industrial area is set to be created at Ashburton North which is being considered by oil giants Chevron, Exxon Mobil and BHP Billiton Petroleum for development of gas reserves in the Carnarvon Basin and Exmouth Gulf.
Babcock & Brown Power could face a class action lawsuit over the alleged failure to properly disclose its refinancing arrangements in the wake of the Alinta acquisition.
Perth-based Incremental Petroleum has recommended shareholders reject an $84 million takeover bid by Texan firm TransAtlantic, citing the current low oil price as one reason to rebuff the offer.
Perth-based Condor Nickel has agreed to merge with its shareholder, Chinese controlled Chihong International Mining, with the merged entity to have a host of projects across Western Australia.
CITIC Pacific Mining has been given the green light to submit proposals for a 70 million tonne operation for its Sino iron ore project in the Pilbara following the passing of amendments to its state agreement act.
Fortescue Metals Group has dismissed the value of over $190 million of legal claims over the suspension of its shipping contracts as "ambit claims", as it reveals that over $2 million of its funds have been frozen in the United States.
The state environment watchdog has rejected Premier Colin Barnett's preferred location for a liquefied natural gas hub in the Kimberley, saying nearby settlements are likely to be affected by emissions.
The federal government's infrastructure advisory council has recommended all five Western Australian projects for the $12.5 billion Building Australia Fund in its preliminary priority list released today.
Western Australian mining identity Tony Sage will chair the combined entity of Jackson Minerals and Scimitar Resources, which have unanimously agreed to merge.
Shares in Atlas Iron have risen sharply in early trade as the iron ore miner enters into a long-term off-take agreement for its Pardoo project in the Pilbara.
Fashion brand Costarella Design will go back to its private roots after the company that owns it entered into a deal to acquire a liver disease treatment company.
Corporate recovery experts Ferrier Hodgson say they have received significant expressions of interest for the acquisition of copper miner CopperCo, which went into receivership last month.
Perth-based Phosphate Australia has emerged as the best performing initial public offer for 2008, as the number of company listings in Western Australia more than halve as the financial crisis bites.
The continued high risk of Rio Tinto's debt following its Alcan acquisition has prompted international ratings agency Moody's to downgrade the miner's rating.
Wembley-based property developer and manager United Overseas Australia expects its 2008 profit to slump over 70 per cent, largely on the back of project delays.
Minemakers is targeting first production from its Northern Territory project next year as it unveils capital costs of around $100 million for Australia's largest phosphate resource.
Oil and gas explorer Salinas Energy will close its Perth office as its managing director transfers to California as part of restructure plans to help maintain the company's oil production profitability.
BHP Billiton says it will focus on brown-field expansion projects including its Western Australian iron ore operations, to help carry it through the current economic uncertainty.
The state opposition is calling on the government to release the royalties for regions formula after some of the needier regions, such as Halls Creek, were allocated less money.
Shares in Mount Gibson Iron have jumped 40 per cent on the government's approval for two Chinese companies to subscribe and underwrite a $162.5 million capital raising.
Redbank Mines has listened to the advice of its largest shareholder, Michael Kiernan, with the spinout of its Fiji project into a separate, dedicated gold vehicle.
Subiaco-based Rox Resources has entered into an agreement with a Chinese minerals company for the majority sale of its Myrtle zinc-lead project for $12.5 million cash.
The Department of Treasury and Finance is set to take on more responsibilities as the Department of Housing and Works joins the list of government agencies to be split.
Cape Lambert Iron Ore says any discussion to acquire more assets remain confidentional and incomplete as reports reveal the company has been in talks over OZ Minerals and CopperCo's assets.
