Michael Ramsey

Nedlands-based explorer Bullabulling Gold has signalled it will not accept a takeover bid from Norton Gold Fields which values the company at about $24 million, saying the offer does not reflect the value of its assets.

Padbury Mining has sought another extension to its suspension from trading, saying it needs more information from its mystery backer to determine whether they have the capacity to provide a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee.

West Perth-based gold miner Red 5 has cleared a key regulatory hurdle on the way to resuming production at its mothballed Siana gold mine in the Philippines.

Listed transport and logistics company McAleese Group has announced plans to acquire Forrestfield-based WA Freight Group for $15.4 million.

Premier Colin Barnett says he can't see "a great deal of substance" in junior explorer Padbury Mining's claims it has secured a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee, as the company missed a self-imposed deadline to reveal its mystery backer.

Perth-based rail services business Momentum Rail has been awarded a $4 million contract to supply rail workers and train drivers to the Roy Hill iron ore project in the Pilbara.

Perth-based surveying firm Asphar Survey Group has appointed administrators to one of its key subsidiaries, with difficult trading conditions forcing the company to restructure its operations.

Civil construction activity in Western Australia is set to fall by about 25 per cent over the next five years as a number of major resources projects are completed, according to a new report by forecaster BIS Shrapnel.

The owners of the Karara iron ore project have transfered Gindalbie Metals boss Dale Harris to a chief executive role at Karara Mining, in an apparent bid to bring the trouble-plagued project back on track.