The Gordon Martin-controlled Coogee Resources Ltd is up for sale after major shareholder Babcock & Brown Ltd decided to offload its 35 per cent interest.
Investors have slashed the share price of Perth-based Avanco Resources Ltd after it came out of a three-month trading halt on news that it plans to raise over $2 million.
The sale of BankWest to the Commonwealth Bank of Australia is not expected to be impacted by the bailout of embattled parent company HBOS plc, which has accepted a $22 billion rescue package from the UK government.
The corporate watchdog has started legal proceedings against accounting firm KPMG over its role in the collapsed Westpoint Group, where alleged negligent auditing claims are in the order of $200 million.
Osborne Park-based A1 Minerals Ltd has discovered coal at its Narnoo project in the north eastern Goldfields, which is already prospective for other minerals including gold, nickel and uranium.
Shares in West Perth-based Bass Metals Ltd have jumped 45 per cent on news of record sales from the company's Que River mine and a $3 million cash injection.
Shares in West Perth-based Altera Resources Ltd have been placed into a trading halt, pending the announcement relating to its $13 million acquisition of an underground coal gasification firm.
Subiaco-based Western Metals Ltd remains on the hunt for an advanced asset acquisition after it walked away from negotiations with a UK-based company to acquire a copper-zinc project in North Wales.
Fortescue Metals Group Ltd has appointed former Cape Lambert Iron Ore Ltd chairman Ian Burston and former Oxiana chief executive Owen Hegarty to its board.
The numerous assurances that Australia is well-placed to ride out the financial storm have not stopped panicky investors from fleeing the market, with the benchmark indices hemorrhaging over 15 per cent in the past week alone.
Federal Liberal Party deputy leader Julie Bishop has been recruited to the board of the West Coast Eagles, the first ever female director for the football club.
Perth-based Noah Resources NL will undergo a transformation following the approval of its acquisition of Namibian Copper Pty Ltd, and expects to re-list on the local stock market by the end of the month.
The rupture of a 12-inch gas sales pipeline has been found to be the immediate physical cause of the explosion at the Varanus Island gas facility operated by Apache Energy Ltd, which may have committed offences, a new report says.
Takeover target Perilya Ltd said it is open to CBH Resources Ltd's bid for the company, but advises a merger at a time of market volatility could expose shareholders to additional risks.
Some good and bad news for home buyers with one research firm saying the property cycle looks to have bottomed out while a survey from another says trading conditions are likely to deteriorate over the next six months.
The owner of the Dampier to Bunbury natural gas pipeline anticipates construction work as part of the next stage of its $700 million expansion plans, will begin early next year.
Cape Lambert Iron Ore Ltd has offered a board position to disgruntled shareholder Power United as the dispute, which involved court injunctions, is settled.
State opposition leader Eric Ripper says the state runs the risk of higher electricity prices if Premier Colin Barnett pushes ahead with the re-amalgamation of Verve Energy and Synergy.
Negotiations between Strike Resources Ltd and major shareholder Gallagher Holdings, controlled by Russian billionaire Alisher Usmanov, over a $53 million investment have ceased, prompting Strike to abandons plans for an on-market share buy back.
West Perth-based Royal Resources Ltd will sell its Pilbara iron ore project to its neighbour Giralia Resources Ltd for $3.2 million in cash and shares.
Perth-based agricultural investment manager Great Southern Ltd has unveiled its revised restructure plans after a falling share price forced it to go back to the drawing board.
Boom states Western Australia and Queensland have reported an increase in the jobless rate along with the rest of the nation, with Australia's unemployment rate rising to 4.3 per cent, seasonally adjusted, in September.
The global financial turmoil appears to have hit the once impervious iron ore market after Mount Gibson Iron Ltd said some of its customers wanted shipments delayed, but other producers remain positive about the outlook.
THE outlook for the skills shortage in Western Australia is not looking good, with more than 8,000 people permanently leaving the state during the 2008 financial year.
CREDITORS will be hoping for higher returns from the collapsed Palandri Wine Group as the company is placed into liquidation and the probe into some of the group's transactions continues.
Western Australia has posted the largest increase in insolvency actions compared to other states, rising by over 25 per cent over the year, according to Insolvency and Trustee Service Australia.
The state's economic boom could turn into substantially higher electricity prices next year as Western Power submits its proposals to the Economic Regulation Authority to increase tariffs.
