Perth-based nickel sulphide producer, Sally Malay Ltd, has reported a net profit after tax of $24.4 million for the half year period ending December 2007, more than 25 per cent down on the previous corresponding half-year.
West Perth-based mineral explorer Dominion Mining Ltd has announced a $14 million net profit after tax for the six months to December 2007, off the back of strong operational performance by its Challenger Gold Mine in South Australia.
Mineral drilling company Swick Mining Services Ltd has announced a record first half profit and an upgrade to its full year earnings forecast, as it continues its market expansion.
Electrical engineering and control systems company, LogiCamms Ltd, is set to acquire Queensland-based Paterson Flood Engineers Pty Ltd and Competency Training Pty Ltd, for a total consideration of up to $12.1 million.
One of Malaysia's biggest oil and gas companies, Petronas, had approached the Geological Survey of WA for help in establishing a drill core library in their Kuala Lumpur office.
Shares in Mount Pleasant-based tin explorer Consolidated Tin Mines Ltd debuted on the Australian stock exchange at 17 cents each today, slightly down on their offer price of 20 cents per share.
Empire Resources Ltd has secured additional cash to explore and develop its advanced copper gold projects after agreeing to sell its Yarlarweelor uranium project in Western Australia for $1.75 million.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
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Perth-based Mallee Gold Corporation Ltd has formed an alliance with Metals Finance Corporation to develop mineral resources projects in the United States.
Portman Ltd reported a full year net profit for 2007 of $96.6 million, down almost 17 per cent compared with the previous year, blaming the rising Australian dollar, hedge book movements, higher costs and an unfavourable sales mix.
The Court of Appeal of the Supreme Court of Western Australia has today dimissed Uranium Equities' appeal in which it sought to assert a claim to some of Energy and Minerals Australia tenement holdings at Mulga Rock, located north of Kalgoorlie.
Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.
Mineral sands producer Iluka Resources Ltd has talked up the expansion prospects of its eastern states projects, after posting a full year net profit of $51.1 million in line with forecasts.
Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.
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.
Perth-based Indian sandalwood grower, TFS Corporation Ltd, has signed a five year deal with UK-based handmade cosmetics company Lush, for the supply of oil produced from TFS' plantations.
