The Federal Court has dismissed another claim from Cape Australia Holdings, which, on this occasion, was seeking relief from nine former employees who left Cape's PCH Group to start rival scaffolding company, Modern Access Services.
The state's largest road project, the Perth to Bunbury Highway would be opened to traffic from Sunday, September 20 and work on the next stage of the Dampier Highway Duplication project in the Pilbara has commenced.
International recruitment firm Total Staffing Solutions is set to merge with blue collar recruitment company Humanis Group, which owns Westaff, in a deal worth up to $9.24 million to create a mid tier Australasian labour hire provider.
Audax Resources has completed a capital raising worth more than $2.5 million from sophisticated and institutional investors, including a London fund and clients of another London firm for a drilling program in Tunisia.
Automotive Technology Group has formed an agreement with Perth businessman, Michael Wilson to raise up to $6.2 million for the company in a two-part deal involving an entitlement issue and a share placement.
Modular and transportable buildings manufacturer, Nomad Building Solutions posted an overall profit of $13.3 million following the economic downturn negatively impacting its clients' investment decisions and an impairment charge of $6.8 million.
Wesfarmers today announced two new board appointments including Perth-based Diane Smith-Gander and retail expert Archie Norman, as well as changes to its corporate affairs team.
After superannuation funds were hammered at the hands of the global economic downturn, it seems Western Australians are the most reluctant to believe their retirement nest eggs will ever return to their former glory, a survey has found.
Nickel miner and metals explorer, Independence Group has posted a profit of $16.1 million for the year to June 30, down almost 69 per cent per cent from last year's result of $51.5 million as falling production and spot nickel prices affected revenues.
Shares in engineering and construction company, Decmil Group finished stronger today after posting a record profit of $10 million, up from just $55,000 the previous corresponding period, after securing substantial contracts with global clients.
Junior gold producer, Troy Resources has made a remarkable recovery after suffering a severe loss last year, posting a $16.7 million profit amid enhanced gold production and increased revenue.
Marine engineering outfit, Neptune Marine Services has posted a profit of $21 million for the year to June 30, an increase of almost 200 per cent on the previous year's $7.4 million thanks to its diverse service offering and strong revenue gains.
LOCAL firm Kellabox has released a portable, self-contained data centre that effectively eliminates the need for a server room to house a business's networking equipment.
Perth-based civil and mining services company, NRW Holdings has posted a net profit of $37.1 million for the financial year, an increase of 13 per cent after attracting a diverse portfolio of clients during the downturn.
Resources promoter Tony Sage has managed to oust the board of Buka Gold and will assume the role of non-executive chairman with David Hillier the only member of the board to retain his position as non-executive director.
Enhanced cellar door and brewery operations of Little World Beverages' flagship Little Creatures products has delivered increased revenue, operating cash flow and net profit after tax of $4.5 million, a jump of almost 33 per cent on the previous year.
Tap Oil has posted a loss of $4.9 million in its half year results to June 30 after the explosion at Varanus Island impacted upon production levels and, in turn, affected sales.
The state government has announced that publicly-owned generator Verve Energy and electricity retailer Synergy would not be re-amalgamated, as part of a strategy to secure Western Australia's future energy needs.
The peak body for the nation's construction industry believes a dip in constrution work in the June quarter is only the tip of the iceberg, predicting a sharp decline to unfold as the effects of credit crunch and economic downturn begin to show through.
Property developer Finbar has posted a net profit of $18.9 million for the year to June 30, a 55 per cent increase from the previous year and it expects higher profit results this financial year.
Telco networks provider Amcom has posted a 19 per cent increase in net profit to $12.1 million in the year to June 30 after being hit with $1.5 million in costs following the exit of its major shareholder.
Engineering services firm, Lycopodium has posted a profit of $14.1 million, up almost 14 per cent on the previous year, which included an after tax capital profit of $2.1 million arising from the sale of the company's previous office facilities.
Curtains and blinds retailer, Kresta Holdings has posted a profit of $3.7 million, down 14.8 per cent on last year's result, blaming weaker consumer confidence for the fall despite revenue holding nearly steady at $117 million.
Australia's largest gold producer, Newcrest Mining has awarded Nedlands-based mining software provider, ISS Group a $4 million contract for its Mining Intelligence Layer project, utilising ISS's BabelFish product.
Rubicon Resources has purchased the Gap Bore project tenements within its Celia project area from local prospectors for $20,000 cash and 250,000 Rubicon shares.
Cazaly Resources has secured engineering firm, Lycopodium to complete the pre-feasability study at the Parker Range Iron Ore Project, located in the Yilgarn district of Western Australia.
Marine services contractor, Mermaid Marine posted a 48 per cent jump in full year profit to $26.5 million and expected this to grow due to its involvement with the booming oil and gas industry.
Manganese and iron ore miner, OM Holdings' operating profit after tax for the half year ending June 30 has plunged to $10.8 million, down from $96.9 million the previous corresponding period, impacted by sharp falls in global commodity prices.
The largest shareholder in West Perth-based Herald Resources has announced plans to acquire the remaining shares of the WA company by way of a formal off-market takeover bid, subject to conditions and approval from the Foreign Investment Review Board (FIR
Australia and New Zealand have joined forces in bidding for the $2.5 billion Square Kilometre Array (SKA) project for the state's Mid-West following discussions yesterday about rekindling the ANZAC spirit in terms of military alignment.
Sandalwood grower and processor, TFS Corporation has signed up former Australian Test cricketer Adam Gilchrist as the group's global ambassador after increasing its profits by 44 per cent, climbing over $34 million this past financial year.
