Delays in obtaining approvals and takeover defence costs have blown out Midwest Corporation Ltd’s net loss for the first half of 2008, up from the previous year’s $1 million to $7.8 million.
Shares in Perth-based miner Perilya Ltd have dramatically reversed its recent losses, skyrocketing over 60 per cent in trade today after Credit Suisse labeled the stock as "too cheap".
The directions hearing between Murchison Metals Ltd and Chameleon Mining NL has been adjourned until next week after the judge presiding over the matter did not attend.
West Perth-based diamond company Lonrho Mining Ltd has announced significant changes to its board make-up with Miles Kennedy taking over the chief executive position following Charles Mostert's resignation.
East Perth-based Metals X Ltd will move ahead with plans for the development of its Wingellina nickel project in Western Australia following a feasibility study that pegged capital costs at $2.2 billion.
Perth-based property developer Peet Ltd said it remains "deeply concerned" over gas emissions from a disused landfill site neighbouring one of its estates in Victoria.
Perth-based Adventure Learning Channel Worldwide Ltd will look to private equity investors for capital after withdrawing its initial public offer due to adverse market conditions.
Nickel miner Western Areas NL will expand its footprint in Canada after agreeing to fund over $5 million in exploration costs in a joint venture deal with Mustang Minerals.
A scoping study into Perth-based Heron Resources Ltd's Yerilla operation, which includes the Jump-up Dam project, has estimated a capital cost of $1.2 billion with a payback period of six-and-a-half years.
Brisbane-headquartered contractor John Holland secured a $125 million contract for construction works at the $2 billion expansion of the Worsley Alumina refinery in Western Australia.
Cape Lambert Iron Ore Ltd is due to receive its second cash payment for the sale of its namesake project from China Metallurgical Group Corp a week later than first planned.
Chinese company Sinosteel Corporation has today emerged with a 70.2 per cent holding in takeover target Midwest Corporation Ltd following yesterday's surprise acceptance by former suitor Murchison Metals Ltd.
Unites States company Cleveland-Cliffs is looking to spend nearly $600 million on acquisitions in Western Australia as it moves to fully own iron ore miner Portman Ltd and acquire a 30 per cent slice in explorer AusQuest Ltd.
Shares in Perilya Ltd have dropped by over 40 per cent on news it will sell its Mount Oxide copper and cobalt project to West Perth-based Chalice Gold Mines Ltd in a scrip deal worth $25 million.
AusQuest Ltd director John Ashley said he is not concerned of a takeover by acquisitive US company Cleveland-Cliffs, which will take a 30 per cent stake in the Ardross-based minerals explorer.
The Western Australian Farmers Federation has launched a verbal assault on the state's major political parties, which may be forced to support the Nationals' royalties for regions policy to be able to form the next government.
The schedule for Australia's largest gold mine could be extended as manager Newmont Mining Corporation said work on the Boddington operation is now 83 per cent complete.
The Western Australian Electoral Commission is aiming to have an election result by the end of this weekend as postal votes make their way to the counting room.
Air passengers travelling with Skywest will be able to save a few dollars with the recent decline in oil prices prompting the airline to decrease it fuel surcharges, however Qantas and Virgin Blue have indicated they won't be moving any time soon to cut t
The Chamber of Commerce and Industry WA said the introduction of an emissions trading scheme could potentially present the biggest challenge to business and industry over the last 50 years, as it lodged its submission with the federal government today.
Western Australia has recorded the country's lowest jobless rate for August with the latest national figures surprising economist who say the overall fall lessens the chance of an October interest rate cut.
Rio Tinto has emerged as the mystery buyer behind an 11 per cent parcel of shares in uranium explorer Extract Resources Ltd, which could be a hurdle in the company's planned merger with West Perth-based Kalahari Minerals Ltd.
The Kimberley Land Council has released its shortlist of potential site suitable for the development of a liquified natural gas hub with the government's Northern Development Taskforce to release its shortlist after the election result is known.
Perth-based Vmoto Ltd is targeting late October for in-house scooter production to start at its manufacturing plant in China, as stage one of the factory is completed on time and budget.
WESTERN Australian resource stocks have made a strong showing in the latest changes to index provider Standard & Poor's ASX indices, as companies dabbling in financial services are shown the door.
Despite the bloodletting taking place in the market today, Subiaco-based exploration firm Riviera Resources has held steady on its first day of trade, closing at its 20 cent issue price.
Seven of the eight companies facing prosecution over the deaths of two workers during Cyclone George last year have not entered a plea in the Perth Magistrates Court today.
A West Perth-based company specialising in water treatment technology will open its $35 million initial public offer tomorrow, with part of the funds raised going towards the establishment of treatment plants in Saudi Arabia, Morocco and Mexico.
Fortescue Metals Group Ltd has extended a drill and blast contract with Ausdrill Ltd in a deal that will generate the mining services company over $300 million in revenue over five years.
