Western Australia has formally lost its bid to host a multi-billion dollar liquefied natural gas plant, with Japanese company Inpex Ltd today announcing Darwin as its preferred site.
Some three months after listing on the stock market, co-founder of engineering firm Emerson Stewart Group Ltd Angelo Dabala has resigned as executive director.
West Perth-based Moly Mines Ltd has reported a net profit of $4.3 million for the 2008 financial year, a turnaround from the previous year's net loss of $757,131.
An injunction preventing Cape Lambert Iron Ore Ltd from acquiring a stake in an African iron ore project has been dropped following mediation talks with a disgruntled shareholder.
US oil company Chevron has selected three preferred sites in Western Australia for its planned Wheatstone liquefied natural gas project, with a decision expected mid next year.
Cape Lambert Iron Ore Ltd will find out before the end of the week whether an injunction preventing it from acquiring a stake in an African project will be extended.
Despite the volatility in the wider market, the Deloitte index of Western Australian stocks rose by nearly six per cent over the past 12 months, compared to the All Ordinaries index which declined by over 16 per cent.
Perth-headquartered Cash Converters International has expanded its footprint in the United Kingdom following the purchase of three stores for nearly $3 million.
Shares in embattled Structural Monitoring Systems plc have slumped 60 per cent as the company seeks a shareholder vote to reduce the nominal value of its stock for a planned $4 million raising.
Perth-based energy developer Aviva Corporation Ltd said the purchase of an additional mining lease could boost coal reserves at its Coolimba power station by up to 10 per cent.
Rio Tinto and its partners will invest up to $300 million upgrading the town Pannawonica as it develops its $1 billion Mesa A/Warramboo iron ore project.
Woolworths Ltd chief executive Michael Luscombe has joined his Coles rival in calling for the state government to deregulate trading hours in WA at a Perth function today.
Adelaide-based Toro Energy Ltd will move ahead to the next stage of its uranium project in Western Australia, following a study that pegged capital costs at up to $247 million.
A trial date for proceedings between Murchison Metals Ltd and Chameleon Mining NL will be made in early November after a hearing last week ordered Chameleon to front up with the second tranche of security for costs.
Strike Resources Ltd said a $53 million investment by Russian billionaire Alisher Usmanov will not proceed, as market turmoil takes its toll on due diligence investigations.
West Perth-based Centaurus Resources Ltd has decided to sell its interest in the Liberdade iron ore project in Brazil in favour of concentrating on its other major assets.
Midwest Corporation Ltd is the latest mining firm to be targeted by the Conservation Council of WA following the release of an environmental review for the Koolanooka/Blue Hills iron ore project.
Rio Tinto has continued its share raid on South Perth-based uranium explorer Extract Resources Ltd which is planning a merger with Kalahari Minerals Ltd.
Cape Lambert Iron Ore Ltd has today confirmed that it is fighting a court injunction brought about by major shareholder Power United Ltd, which is seeking to block the acquisition of a stake in an African project.
South Perth-based Nomad Building Solutions Ltd has secured nearly $50 million worth of contracts for work at Rio Tinto's Brockman 4 iron project and Woodside Petroleum's Pluto operation.
Shares in West Perth-based Tanami Gold NL have dropped 25 per cent on news the company plans to raise nearly $12 million through an entitlements issue to repay loans for ongoing development of its gold mine.
Federal Liberal Party deputy leader Julie Bishop was one of three Western Australian MPs promoted to senior roles as part of new leader Malcolm Turnbull's frontbench reshuffle.
New motor vehicle sales in Western Australia have largely remained steady in August despite a national fall of 3.5 per cent, seasonally adjusted, to 84,480 units, the Australian Bureau of Statistics said.
Iron ore, coal and liquefied natural gas are all tipped to contribute heavily to Australia's commodity export earnings this financial year, forecast to rise to a record $214 billion.
Four Mineral Securities Ltd directors, including mining identity Robert Champion de Crespigny, have stepped down following the company's merger with CopperCo Ltd.
Premier-elect Colin Barnett said he is pessimistic over the state's chances of hosting Inpex Ltd's $12 billion liquefied natural gas project following a meeting with representatives this morning.
The finance offer deadline for Australasian Resources Ltd's Balmoral South iron ore project has been pushed back by six months following recent merger developments with billionaire Clive Palmer.
The administrators of Monarch Gold Mining Company Ltd have received over 80 expressions of interest for the company's assets, with the applicants to be narrowed down in the coming weeks.
