WA Business News
CBH confirms $213m Nystar offer

CBH confirms $213m Nystar offer

CBH Resources confirmed today it has received a sweetened takeover offer from Belgium's Nyrstar NV, which has increased its previous offer by $65 million.
Treasury fronts up on $210m budget hole

Treasury fronts up on $210m budget hole

The Department of Treasury and Finance has admitted to an embarrassing blunder in Treasurer Troy Buswell's request for a $1.15 billion advance for the state's bills that left an unexplained $210 million hole.
FMG lifts Solomon price tag to $9.7bn

FMG lifts Solomon price tag to $9.7bn

Iron ore producer Fortescue Metals Group has increased the production target at its planned third mine and put a $US8.9 billion ($A9.7 billion) price tag on a two-stage operation.
Cape Lambert sells Lady Annie for $135m

Cape Lambert sells Lady Annie for $135m

Shares in the Tony Sage-led Cape Lambert Resources jumped more than 10 per cent after the resources and investment company sold the Lady Annie copper project for $135 million to a Hong Kong based firm.
Griffin process slows as sale adviser sought

Griffin process slows as sale adviser sought

EFFORTS to salvage Rick Stowe’s failed Griffin coal and power businesses have slowed as administrators weigh up the appointment of advisers to manage the sales process. Subscriber Content
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Hotels and Resorts

Current rank Hotel name

Senior executive
and title
Number of guest rooms Number of beds Star Rating
1 Sheraton Perth Hotel
Ms Debra Watts
General Manager
486 581 5
2 InterContinental Perth Burswood
Mr Barry Felstead
Chief Executive Officer
405 WND 5
3 Hyatt Regency Perth
Mr Robert Dawson
General Manager
367 393 5
4 Rendezvous Observation City Hotel - Perth
Mr Aik Hong Tan
General Manager
333 333 5
5 Duxton Hotel Perth
Mr Bruce Doig
General Manager
306 424 5

Exporters

Rank Company name Senior executive and title Export revenue Type of products exported Export destinations
1 AGR Matthey Mr John Shephard
Chief Executive Officer
$16500.0m Gold bars and granules, silver bars and granules, technical services and check assay services. Japan, Korea, Indonesia, Hong Kong, Singapore, Thailand, Sri Lanka, India, Turkey, Middle East.
1 North West Shelf Venture c/o Woodside Petroleum Ltd Mr Don Voelte $14350.0m Liquefied natural gas, natural gas, condensate and crude oil. Japan, Korea, China, South East Asia, Europe and the United States.
3 Rio Tinto Iron Ore (Western Australia) Mr Sam Walsh
Chief Executive Officer
$14111.0m Iron Ore Japan, China, South Korea, Taiwan & Europe.
4 BHP Billiton Iron Ore Mr Ian Ashby
President
$11900.0m Iron Ore Japan, Korea, China, Europe.
5 Woodside Petroleum Ltd Mr Don Voelte
CEO & Managing Director
$5100.0m Liquefied natural gas, natural gas, condensate and crude oil. Japan, Korea, China, South East Asia, Europe and the United States.

Private Companies

Rank Company name Senior executive and title WA staff WA revenue (millions) Company activities
1 BGC (Australia) Pty Ltd Mr Len Buckeridge
Chairman
3522 2133.70 Building Materials Manufacturing, Construction, Contracting, Plumbing Supplies, Builders Hardware Supplies, Roof Steel, Rental Property Owners
2 Australian Capital Equity Mr Peter Gammell
Managing Director
WND 1850.00 Machinery, motor vehicle wholesaling.
3 Competitive Foods Mr Jack Cowin
Chairman
10167 971.60 Manufacture and retail trade in fast food.
4 Gull Petroleum (WA) Pty Ltd Mr Wayne Ferrell
Chief Executive Officer
210 859.00 Wholesaling and retailing of fuel.
5 Alcock/Brown-Neaves Group Mr Dale Alcock
Chief Executive Officer
1275 783.00 A commitment to quality, innovation and community spirit has driven the ABN Group to become the leader in the WA residential building market.

Public Companies - Resources

Rank Company name Senior executive and title ASX Code Total revenue (millions) Company activities
1 Woodside Petroleum Limited Mr Don Voelte
Managing Director and CEO
WPL 5990 Hydrocarbon exploration, evaluation, development, production and marketing.
2 Fortescue Metals Group Limited Mr Andrew Forrest
Chief Executive Officer
FMG 2248.72 Operation of an integrated logistics chain starting with the mining of ore from Fortescues's Cloudbreak mine site, the railing of product along Fortescue's heavy haul rail line through to the loading of ships at Fortescue's port facility at Port Hedland.
3 Iluka Resources Limited Mr David Robb
Managing Director and CEO
ILU 1052.4 Exploration, mining, concentration and separation of mineral sands, production of ilmenite, rutile, synthetic rutile and other titaniferous concentrates and zircon, and sales of these products throughout the world.
4 OM Holdings Limited Mr Peter Toth
Chief Executive Officer
OMH 574.07 Investment holding.
5 Straits Resources Limited Mr Milan Jerkovic
Chief Executive Officer
SRL 573.67 Production and sale of coal, copper and gold, the exploration for copper, coal and gold and metals distribution.
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