Following three tough months Wesfarmers and the state's miners helped the market capitalisation of Western Australian listed companies, which comprise the Deloitte WA Index, to bounce 5.3 per cent higher in July to $148.4 billion.
Sandfire Resources has defied today's market trend to record a modest increase in its share price after announcing a substantial increase in the size of its DeGrussa copper deposit.
Energy giant Shell has struck its first third party supply deal for liquefied natural gas from its planned $US5 billion Prelude floating LNG project off the Kimberley coast.
The proposed merger of Aurox Resources and Atlas Iron moved a step closer this week with an Independent Expert deeming the transaction "fair and reasonable".
If bets were placed on the chances of pigs flying over Perth, or a former president of the Australian Council of Trade Unions criticising employers for paying their workers high wages, it's a fair chance that the flying pigs would get shorter odds.
Australian mining executive John Carr-Gregg, tragically killed in a plane crash in West Africa, has been remembered as a gentleman and family man at a memorial service in Sydney.
Swick Mining Services has announced a downgrading of its revenue guidance for the 2009-10 financial year as a result of delays in several drilling programs.
Aspiring manganese miner Mesa Minerals has cancelled its extraordinary general meeting scheduled for tomorrow after significant shareholder Mighty River International requested resolutions for the meeting be withdrawn.
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