Clean power developer Carnegie Corporation Ltd plans to raise just over $17 million through a share purchase plan, with funds to be applied to the development of its CETO Wave Energy Technology.
A wholly owned subsidiary of Cazaly Resources Ltd has entered into a $2 million joint venture with a South Australian firm to explore tenements in the Northern Territory.
Premier Colin Barnett is on a rebuilding rampage, today suggesting the $500 million Perth museum, slated for a new home at the East Perth Power Station, be reconstructed at its current Northbridge home.
The Australian market has shot up over 3.5 per cent at open today, boosted by a near 11 per cent surge on Wall Street overnight ahead of an expected interest rate cut.
The directors of metal recycling group CMA Corporation Ltd have rejected an unsolicited takeover proposal, valued at $97 million, saying the bid did not adequately value the company.
A day after Treasurer Wayne Swan declared BHP Billiton and Rio Tinto's Pilbara rail lines open to third parties, Fortescue Metals Group Ltd says it has written to the mining giants seeking a rail co-operation deal.
Some 16 months after it acquired a majority stake in former West Perth resident Iberian Resources Ltd, Sydney-based Tamaya Resources Ltd has placed itself and its subsidiaries into voluntary administration.
The turmoil gripping global markets has put a question mark over RMA Energy Ltd's $100 million joint venture deal with an Asian consortium over the development of two Queensland assets.
Subiaco-based Summit Resources Ltd has entered into a joint venture with MM Mining Pty Ltd to explore certain areas within Summit's Isa North tenements in Queensland.
In an environment where companies are revisiting their capital raising programs, West Perth-based Tanami Gold NL has successfully completed its near $12 million entitlements issue.
Shares in Coote Industrial Ltd have bucked the broad downward trend of the market, jumping over 30 per cent in morning trade on a please explain note from the Australian Securities Exchange.
The future of the Busselton Jetty is now secure with the state government today confirming it will immediately offer $24 million over two years towards restoration works.
Premier Colin Barnett has outlined the state government's top infrastructure priorities in a submission to the federal government's Infrastructure Australia fund.
In a major upset to BHP Billiton and Rio Tinto, Treasurer Wayne Swan has declared the iron ore giants' Pilbara rail lines open for a period of 20 years.
United States company Cleveland Cliffs is looking to wrap up its takeover of iron ore miner Portman Ltd quickly, announcing today it will make on-market purchases at a possible discount to its $21.50 cash offer.
Falls in commodity prices and rapidly changing market conditions have prompted two Perth miners, Minara Resources Ltd and Kagara Ltd, to explore cost cutting measures.
A handful of Perth companies, Macmahon Holdings Ltd, Monadelphous Group Ltd and Nomad Building Solutions Ltd, have had their recommendations changed by analysts at brokerage Hartleys.
The state's largest credit society, Police & Nurses Credit Society, has pledged it will pass on in full any rate cut made by the Reserve Bank of Australia at its upcoming November meeting.
O'Connor-based Brainytoys Ltd is teetering on the brink of collapse with the stock's September quarterly in the red as capital injection deadline looms.
Shares in Mount Gibson Iron Ore Ltd are still placed in a trading halt as the company continues discussions with customers and third parties regarding off-take agreements.
Shares in Atlas Iron Ltd have dropped nearly 10 per cent despite news the emerging iron ore producer has entered into an agreement that could lower the cost of bringing its Abydos project online.
Gina Rinehart's Hancock Prospecting is investigating its Queensland asset further with the start of a feasibility study into a 30 million tonne per year coal operation.
West Perth-based Uranio has consolidated its ground position near the Mulga Rock uranium deposit in the Eastern Goldfields following the acquisition of the Ponton uranium project from Paladin Energy Ltd.
The Varanus Island gas facility is expected to be back in full production by the end of November, ahead of the previously targeted December date, operator Apache Corporation says.
Perilya Ltd will retain its Mount Oxide copper project after buyer Chalice Gold Mines Ltd asked for the acquisition deal to be terminated amidst the fall in commodity prices.
The iron ore price will be a leading indicator of Western Australia's economic health as the risk of a slump continues to rise, a leading economic forecaster has warned.
