Mining

Silver Swan Group Ltd has announced the all-scrip acquisition of a portfolio of prospective gold, copper and base metal tenements in Western Australia's Murchison region from Mercator Gold plc.

A planning appeal decision has cleared the way for Midwest Corporation to move its iron ore from road to rail.

The residential property market in regional Western Australia returned a mixed performance in the last quarter of 2007, with strong growth in mining towns and low or negative growth closer to Perth, according to the Real Estate Institute of Western Austra

As office rents in Perth continue to climb, property owners are more likely to retain their assets to capitalise on growth, although the full effects of recent stock market volatility and rising interest rates are yet to be realised, according to property

MOLY Mines Ltd has awarded a $1.1 billion, seven-year mining and earthmoving contract for its Spinifex Ridge molybdenum project to Perth-based contracting group Macmahon Holdings Ltd.

A Takeovers Panel review has rejected an appeal from Falak Holding LLC, over the panel's decision not to overturn the Dubai-based company's accidental sale of its stake in Golden West Resources Ltd to hostile suitor Faistar Resources Ltd.

Gold and base metals explorer, Augustus Minerals Ltd, has made a lacklustre debut on the Australian stock market today, with its shares opening at 40 cents each or 20 per cent down on their offer price of 50 cents.

Nickel miner Mincor Resources NL has announced a $31.3 million net profit after tax for the six months to December 2007, 16 per cent down on its $37.1 million profit for last year's corresponding period.

Diversified base metals explorer, Haddington Resources Ltd, is set to acquire the mineral exploration division of Adelaide-based drilling company, Underdale Drillers, for a potential consideration of $18 million.