Toro Energy has decided not to exercise an option to acquire Deep Yellow's Napperby uranium project in the Northern Territory, saying the $57 million price tag is too high.
Newly established company Mid West Energy is ramping up offtake talks for its planned 200 megawatt Perenjori solar thermal project with iron ore miners and other potential customers in the Mid West region.
It's not all bad news for the resources sector with the federal government proposing to implement a resource exploration rebate that will take the place of the promised flow through share scheme for explorers.
Miners and lobby groups have responded furiously to the federal government's intention to introduce a new resource super tax with BHP Billiton chief Marius Kloppers saying it will impact the future wealth of all Australians.
Woodside Petroleum chief Don Voelte is feeling like the "cat that ate the canary" over the company's progress with its suite of upcoming projects and has laid out his wish list of operations he wants to tick off before his time is up.
Western Australia's reputation as the 'cowboy state' has been quashed today with the wild west noticeably absent in the corporate watchdog's director prosecution report.
Jabiru Metals has given the go-ahead for the $32 million development of a second operation at the Jaguar copper-zinc mine, located 300km north of Kalgoorlie.
Dual-listed CGA Mining will become a strategic investor in Sierra Mining after agreeing to take a 10 per cent stake in the Perth-based explorer through a private placement.
Shares in Po Valley Energy more than halved today after the Perth-based company warned that production and reserves at its Castello gas field in Italy may fall.
Woodside Petroleum says partners in the Sunrise joint venture have decided on a floating liquefied national gas facility rather than an onshore plant at either Darwin or Timor-Leste (East Timor).
Premier Colin Barnett has stood by his decision to force the resignation of Troy Buswell after the former treasurer today reversed his position, claiming he had not abused parliamentary entitlements during his affair with Greens MP Adele Carles.
Perdaman Chemicals and Fertilisers will finalise rail access details for its $US2.5 billion Collie urea project after it entered into an agreement with WestNet Rail.
Belmont-based Aurora Minerals has raised $15.5 million through a share placement, with funds to be applied to its Capricorn South East manganese project in the south of the Pilbara region.
Shares in Aditya Birla Minerals have risen after the base metals miner today said it expects an annual profit after tax of $61 million, a turnaround from the $76 million loss from the previous year.
Western Australia's economic recovery is tipped to be in full swing next year as the state prepares to carve out a steadily larger share of the country's population and economy, an economic forecast says.
An experienced blue-chip board that includes former Wesfarmers finance director Gene Tilbrook and Shell Australia chairman Russell Caplan has been named to prepare Queensland-based QR National for its ASX listing.
The state opposition says proposed tax rises by the Barnett government would see local small businesses slugged an extra $355 million over the next three years.
