Privately-owned Talison Minerals said some 200 jobs will be lost as it suspends work at its Pilbara located Wodgina mine, the worlds largest tantalum operation.
Former Western Australian Premier Carmen Lawrence has today been appointed to the board of the Rio Tinto WA Future Fund, replacing founding board member Kerry Sanderson.
Falling commodity prices and higher operating costs have forced Russian miner Norilsk Nickel to halt production at two of its Western Australian mines.
Several lobby groups from across the country have expressed concern over the Rudd government's introduction of its new industrial relations bill, which has been backed by the federal opposition.
Bedding franchiser Joyce Corporation has reached a deal to sell its Queensland property for $9 million, some $500,000 more than its valuation at the end of the 2008 financial year.
Civil contractor Brierty has warned shareholders of a slower second half for the 2009 financial year as customers, including Fortescue Metals Group, defer work.
The state's mining sector weighed heavily on the market capitalisation of Western Australian stocks, which lost $36 billion during October, a survey has found.
West Perth-based IronClad Mining has entered into an agreement with a Chinese steel making company over the development of two of its iron ore projects in South Australia.
Perth company Beta Pharmaceutical hopes to list on the local market at a later date after the ongoing economic volatility forced it to withdraw its $5 million initial public offer.
Shareholders in Jupiter Mines will decide whether to hand control of the company to the Brian Gilbertson-led Pallinghurst Resources, which intends to spend $50 million to advance Jupiter's projects.
International Goldfields says it will step up merger discussions with Nkwe Platinum after it received an independent report that valued its South African assets at up to $64 million.
Dragon Mining has become the latest victim of falling commodity prices, with the Perth-based company announcing it has suspended activities at its nickel mine in Finland.
Cooper Energy is today urging Incremental Petroleum shareholders to accept its takeover offer as the corporate watchdog says it will not apply on Cooper's behalf for an extension of the bid.
Nedlands-based Tox Free Solutions has successfully completed a $13 million capital raising and revealed it will acquire a Victorian waste management company for $1.5 million.
BUSINESSES in Western Australia spend proportionately more on research and development than their counterparts in any other state, the Australian Bureau of Statistics has found.
Uranium company Toro Energy says it has started discussions with the Western Australian government regarding approvals for the Wiluna project, as its major shareholder injects $12 million into the company.
Incremental Petroleum says its second suitor TransAtlantic could still alter its bid as another independent report lowers the value of the takeover target's shares.
Westpac Banking Corporation has cut its standard variable home loan interest rate by 65 basis points, while the National Australia Bank has lowered its rate by 62 basis points.
The global economic turmoil has prompted West Perth-based BC Iron to review a smaller start-up operation for its Nullagine iron ore project in the Pilbara which could save its some $80 million in development costs.
The state government has appointed former resources department deputy director general, Stuart Smith, as the new chief executive of the Department of Fisheries.
The Western Australian housing market has taken another hit today with latest figures showing building approvals falling nearly 14 per cent in September, nearly double that of the national trend.
Shares in Subiaco-based Capital Intelligence Ltd have been locked in a trading halt as it seeks to resolve funding issues and restructure its operations.
Western Australia's business community will have the opportunity to ask the federal government questions regarding the financial crisis, as the Chamber of Commerce and Industry WA welcomed today's rate cut decision by the central bank.
CommSec is tipping a further interest rate cut of 25 basis points next month as the central bank today slashed rates by a bigger than expected 75 basis points, a move welcomed by various lobby groups across the country.
Western Australian businesses spend more on research and development as a proportion of gross state product than business in any other state, according to data from the Australian Bureau of Statistics.
