Perth-based explorer Bauxite Resources has signed an MOU with a Chinese group, aimed at establishing a 'farm-in' type arrangement for exploration at the company's Darling Range tenements for all minerals other than bauxite.
Latest figures from the Australian Bureau of Agricultural and Resource Economics show that capital spending on mining and energy projects has fallen from its peak levels, though WA still accounts for the majority share.
Shares in AWB gained over four per cent in early trading after the wheat exporter and agricultural services group reported that full-year net profit more than doubled.
Privately owned investment company Perron Group’s shopping centres and offices have helped it comfortably absorb more than $100 million from downward revaluations of its equity investments.
Resolute Mining has finalised details of its capital raising aiming to generate up to $72.5 million to complete the re-development and ramp up of the Syama gold project in Mali and maintain the company's other development activities.
Mineral Resources has forecast its profits in the FY2009 could potentially fall by 32 per cent following this financial year's profit growth of 133 per cent.
Jolimont-based short term computer rental group, Hire Intelligence International has announced a profit upgrade and improved fully franked dividend prospects for its shareholders.
The Australian dollar was lower at noon, after losing about 0.5 US cents following the release of the Reserve Bank of Australia's November board meeting minutes.
Resource state lifts its ban on uranium mines; Lion Nathan's $8bn bid fails to impress Coca-Cola; BHP under fire as market tips deeper ore price cuts; Japan recession hits markets; Labor's $2bn bid to save car yards
National Australia Bank chief executive John Stewart took home more than $8 million in fiscal 2008, a slight decline from the previous 12 months, although the bank's share price dropped by 39 per cent over the same period.
The Australian International Flight Instructor Training School has received approval to commence activities for flight instructor training at the Northam Airport after project funding to the tune of $150,000 was secured.
Retail sales in the September quarter were virtually flat, signalling that more interest rate cuts are on the way amid a decline in consumer confidence, economists say.
EFTel has formed a strategic partnership with NEXTEP Broadband, a division of NEC Australia, which will see the Perth-based internet service provider expand its BroadbandNext network by 55 additional sites.
Bannerman Resources has appointed Len Jubber as its chief executive and secured a convertible note facility for up to $20 million with Resource Capital Funds.
Beverage group Coca Cola Amatil says it has received a merger proposal from Australia's second-largest brewer, Lion Nathan, that values the target at around $7.61 billion.
G20 backs new growth push; Windfall will go to WA and Victoria; BHP faces ore export plunge; Collapse of ABC to fuel legal overhaul; Ban all native forest logging - Conservation Council
The corporate watchdog has charged Perth company director Malcolm John MacCormick with insider trading, in relation to last year's sale of his family business to listed company Walter Diversified Services.
Today marks the third birthday of the Daily Business Alerts service, which broke new ground in November 2005 when it started providing Western Australia's business community with breaking daily news in what was then the early stages of a long bull run.
Despite record low land sales, prices have steadied and there are early signs of a recovery in the residential property market, property developer Mirvac and the Urban Development Institute of Australia said today.
Redbank Mines has agreed to a $6 million funding package from Crawley Investments, the unlisted investment vehicle of mining identity, Michael Kiernan.
ETS risks loss of Sunrise to Timor, warns Voelte; CBA faces $2bn debt threat; Jobs go in Westpac merger; States revolt over carbon plan; Shares dive as US shakes up financial bail-out
Outgoing Wesfarmers chairman, Trevor Eastwood has lashed out at the power of proxy advisers after the company's remuneration report received a majority of negative proxy votes prior to today's AGM.
The results of a broad review into the integrity of the temporary skilled migration program, known as the Deegan Report, has been released by Immigration Minister, Senator Chris Evans.
Legislation imposing permanent restrictions on short selling needs to pass parliament before it rises for the long Christmas break next month, Corporate Governance Minister Nick Sherry says.
Petrol price cut demand snubbed; Banks start to wield job axe; WA Opes Prime case could be waste of time, bank claims; ABC plea for new bank lifeline; Struggling Rick Hart owner looks at all options
