BHP Billiton officially confirmed today it has scrapped the sale of its Nickel West business in Western Australia "at this time" after failing to attract a buyer at an acceptable price.
Perth-based oil and gas company Range Resources entered into a memorandum of understanding with investor Core Capital Management for the provision of about $US50 million in cash and shares.
Sydney-based AJ Lucas has partnered with French company Spiecapag to win the major contract on APA Group’s $140 million expansion of its Eastern Goldfields gas pipeline.
New Zealand-based Todd Corporation has more than doubled its interest in aspiring Pilbara iron ore miner Rutila Resources to 46 per cent, by electing to convert a $5 million loan into ordinary shares.
Nickel miner Western Areas has had a slight share price uplift on the release of its September quarter results and annual report.
Its shares closed today at $4.34, up 2.8 per cent.
Automotive Holdings Group has walked away from a potential sale of its Covs Parts business to Burson Group, which hoped to use the 25 stores as an entry into the WA market.
Western Australia’s residential building sector has broken historical records, setting a new high of $1.99 billion worth of work in June, according to data released by the Australian Bureau of Statist
The state government says there are more than $140 million worth of subcontracting opportunities available for the new Perth Stadium, with a tenders process launched today for a wide range of works.
Perth-based trucking firm CTI Logistics held its profit largely steady over financial year 2013-14, even as the company lodged an 11 per cent uptick in revenue.
Modular and transportable building manufacturer Fleetwood Corporation has bought New South Wales-based aluminium tray and automotive accessories manufacturer Bocar in a deal worth $4.75 million.
Sirius Resources has inked a mining agreement with the Ngadju people, paving the way for the development of the world-class Nova nickel deposit near Norseman.
Northern Minerals has secured $6 million in bank finance to fund the completion of a feasibility study for its Browns Range heavy rare earths project on the Western Australia-Northern Territory border
Subiaco-based Greenland Minerals and Energy has awarded a competitive tender to a North American-based firm with a Perth office, for detailed engineering design aspects of a feasibility study for its Kvanefjeld rare earth elements project in Greenland.
Internet services provider iiNet has appointed David Buckingham as chief executive officer, filling the vacancy created by founder Michael Malone's departure almost four months ago.
Japan and Australia are officially even better friends, with Prime Minister Tony Abbott and visiting Japanese PM Shinzo Abe swapping compliments at an official dinner in Perth last night.
