Billionaire Clive Palmer is set to take control of Toronto-listed Waratah Coal, after the company accepted a revised offer by his private company Mineralogy.
Perth-based CityView Corporation has terminated an underwriting deal for a $6 million capital raising after learning its underwriter was not appropriately licenced.
Atlas Iron has appointed independent non-executive director Geoff Clifford as chairman of the company, taking over from David Nixon who was ousted at the company's annual general meeting.
O'Connor-based Brainytoys has announced that Robert Finn has resigned as a director of the company, despite being re-elected at last week's annual general meeting.
It has been a dismal 2008 for company floats with initial public offer activity of non-resource stocks in Western Australia raising only 20 per cent of that achieved last year, a study has found.
Privately-held IMC Resources has broken its silence on events surrounding Atlas Iron's shareholder meeting, disputing claims that it swayed stakeholders to vote against the re-election of chairman David Nixon.
The confidence levels of Western Australian farmers has stabilised over the past quarter after dropping away from its near-record highs, a survey has found.
Rio Tinto's review of its Pilbara expansion projects has resulted in the termination of a $25 million accommodation construction contract with East Perth-based Fleetwood Corporation.
BHP Billiton's approval to proceed with further expansion works at its Pilbara iron ore operations has proved to be a boon for Macmahon Holdings, which today secured a $50 million contract with the miner.
Waste recycling company AnaeCo has entered into a partnership with a UK-based firm to expand its DiCOM waste processing system through India, China and South East Asia.
West Perth-based Azure Minerals has entered into a $4.6 million joint venture with Japanese government entity, JOGMEC, over two of its Mexican projects.
Agribusiness Great Southern has signed a conditional agreement to sell its Queensland asset for a discounted $23 million as it posts an annual loss of over $64 million.
The state government says it will wait for an indication of federal funding for the $1.5 billion development of the Oakajee port and rail project before finalising an agreement with the proponent.
Minemakers expects to partner up with a foreign firm to develop an iron ore operation in the south of the state, after today exercising an option to purchase 80 per cent of the project.
The logistics division of Automotive Holdings Group has buffered the company from further losses as its core retail division suffers a 24 per cent fall in earnings over the past four months.
EFTel has forecast a loss making December half of over $2 million as it enters into a partnership with internet service provider Dodo to help deliver its BroadbandNext network.
A group of the state's big gas users have called on government to adopt a fiscal incentive package that will encourage domestic gas supply and take away the current focus on exports.
ERM Power is keeping quiet about its intentions over the potential sale of Babcock & Brown Power's interests in two Western Australian power stations to ANZ.
Moly Mines has become the latest in a string of companies to freeze executive salaries while its chief executive ascertains the current state of the molybdenum market.
Shares in internet service provider EFTel have been placed in a trading halt pending the release of an update on the company's financial performance in light of the current economic climate.
Western Australia has suffered a hefty fall in new home sales during October, nearly reversing its big gains in September, in a sign that the market is bottoming out, a property analyst says.
A falling share price has prompted agricultural investment manager Great Southern to delay next week's meeting of project investors, who were to decide on a restructure proposal of the company.
Catalyst Metals chairman Nathan McMahon says he will defer his salary as the company begins its strategy to reduce its non-core assets in light of the financial crisis.
Treasurer Troy Buswell has indicated an end to Western Australia's revenue boom, while releasing budget data showing a sharp fall in the state's surplus.
The planned listing of billionaire Clive Palmer's Resource Development International in Hong Kong has been delayed, Australasian Resources confirmed today.
Shares in Atlas Iron have climbed as much as 14 per cent today on the back of a substantial increase in its Pilbara iron ore deposit, as the board prepares to meet following last week's shocking events.
Shareholders will now decide on the outcome of Mount Gibson Iron's deals with Chinese companies APAC Resources and Shougang, after final binding off-take agreements were signed today.
