WA Business
Chinese scandal a hiccup for Extension Hill
Company says arrest of Communist Party boss will not stop development of mine in Mid West.
Flinders takeover dealt another blow
Takeover of Flinders Mines by Magnitogorsk Iron and Steel Works dealt another blow after Russian court adjourns a hearing over a challenge to the move.
May 25, 2012, 12:33 pm-
Eureka rejects criticism of $50m debt facility
Takeover target Eureka Energy has shrugged off criticism about its new $50 million debt facility after suitor Aurora Oil & Gas threatened to withdraw its offer for the WA company.
May 25, 2012, 11:34 am 
Unions outraged by worker migration deal
Angry union leaders have decried the Federal Government's plan to allow temporary skilled migration to meet the labour demands of mining companies on big resources projects.
May 25, 2012, 11:16 am
Verios steps down from Port Bouvard
Port Bouvard chairman Lee Verios has resigned from the board of the struggling property developer as it announced a technical breach of its loan covenant with St George Bank.
May 25, 2012, 9:33 am
Emeco lifts full-year profit outlook
Earthmoving equipment supplier Emeco has forecast full year profit growth of up to 41 per cent on the back of strong demand in Australia, Canada in Indonesia.
May 25, 2012, 7:38 am
Rinehart's Roy Hill has local content focus
Gina Rinehart has spent more than $1.3 billion on her Roy Hill iron ore project in the Pilbara this financial year, even before major construction work on the $10 billion mine kicks off.
May 25, 2012, 7:29 am
Chinese scandal a hiccup for Extension Hill
It's the stuff of spy novels, but Bill Mackenzie says he is just concentrating on trying to get another magnetite iron ore mine developed in the Mid West.
May 25, 2012, 7:27 am-
Venturex seeks Whim Creek partner
Venturex Resources, with just $2 million cash to its name but plans to push ahead with redevelopment of the historic Whim Creek copper mine in the Pilbara, is in the throes of securing Northern Star Resources as a cornerstone investor.
May 25, 2012, 7:21 am 
Rinehart hits out at Fairfax board
Gina Rinehart has upped the pressure on Fairfax Media Group after being overlooked for a board seat in favour of accountant James Millar, warning the current board led by chairman Roger Corbett was failing shareholders.
May 25, 2012, 7:19 am
Rio sees no slowing in iron ore demand
Resources giant Rio Tinto is pressing ahead with expanding its robust iron ore business despite concerns about a slowdown in China.
May 24, 2012, 1:45 pm
Thinksmart tanks on loss warning
Thinksmart shares have been punished after chairman Ned Montarello announced a first-half profit warning, citing dire conditions in Australia's retail industry.
May 24, 2012, 1:30 pm-
Flinders in halt ahead of hearing
Iron ore miner Flinders Mining has gone into a trading halt pending an announcement on the court hearing over its proposed $554 million takeover by a Russian steel maker.
May 24, 2012, 11:29 am 
Resources investment hits new record
Investment in the resources sector has hit a new record and will boost Australia's future supply of key commodities as the nation's commodities boom continues, a new government report shows.
May 24, 2012, 11:18 am
Galaxy sells first lithium from Jiangsu
Galaxy Resources is celebrating the sale of its first batch of lithium carbonate from its Jiangsu lithium carbonate plant in China, marking the first revenue stream from the plant.
May 24, 2012, 11:00 am
Matilda ships first product from Lethbridge South
Matilda Zircon says it has completed loading of its first $US9.6 million shipment of high value zircon-rutile mineral sands from its Lethbridge South mine on the Tiwi Islands.
May 24, 2012, 10:37 am-
MACA slides on MD's resignation
MACA shares dropped after the company announced its managing director Chris Tuckwell had resigned.
May 24, 2012, 9:21 am 
Matrix slumps after $37m raising
Shares in Matrix Composites and Engineering have dived after the company yesterday announced a discounted $36.7 million capital raising and a breach of its debt covenant.
May 24, 2012, 8:51 am
Tampa law aids cheap labour
A Swiss company laying pipes offshore for Chevron's massive $43 billion Gorgon gas project has successfully used Tampa-era migration laws designed to stop boat people to employ cheaper foreign workers on its ships.
May 24, 2012, 7:43 am
Sundance moves to lock in takeover
Sundance Resources and its Chinese suitor Hanlong Mining have altered a $1.65 billion takeover agreement to ensure the deal is finalised by November.
May 24, 2012, 7:41 am
Eurozone crisis a beat-up: Forrest
Mining magnate Andrew "Twiggy" Forrest has described the European debt crisis as a beat-up.
May 24, 2012, 7:39 am
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Weekend Sunrise finance - May 26
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