Treasurer Eric Ripper today announced that former Alcoa Australia managing director Wayne Osborn would be the inaugural chair of GESB Mutual Ltd, which will be the largest financial services company based in Western Australia when launched on 1 July.
A subsidiary of Belmont-based Paladio Group, Decmil Australia Pty Ltd, has been declared the preferred contractor for a $38 million project by BHP Billiton as part of its iron ore expansion program.
Subiaco-based Brockman Resources has advised that it is aware of overseas news wire reports that Chinese iron ore trader Haoning Group is in talks with Brockman to secure an iron ore off-take agreement and to take an equity position in the Company.
Embattled childcare provider ABC Learning Centres Ltd has finally secured a deal to sell 60 per cent of its US business to Morgan Stanley Private Equity.
Spotless Group Ltd expects to despatch a bidder's statement tommorow, and formally present its takeover offer to Programmed Maintenance Services Ltd shareholders.
Perth-based ship builder Austal Ltd has confirmed that an unconditional contract has been signed with a value of approximately $78 million with the Government of the Republic of Trinidad and Tobago.
Subiaco-based exploration company Wolf Minerals has completed a $3 million capital raising, through a share placement of 3 million shares @ $1.00 each, to advance the development of its flagship Hemerdon Tungsten-Tin project in the UK.
Atlas Iron Ltd has resolved to raise up to $100 million through the issue of up to 50 million ordinary shares at an issue price of $2.00per share to clients of Hartleys Limited and existing major shareholders.
Perth-based seafood processing company GSF Corporation Ltd has announced that it has been unable to complete the acquisition of Londoloza Resources Corporation from the vendor Msasa Ltd.
A new lobby group, which comprises five small mining companies in the Pilbara, is putting pressure on the Western Australian government to provide better infrastructure for smaller miners in the Pilbara region.
ASIC has fined Perth-based junior exploration company Sub-Sahara Resources NL $33,000 and issued the company an infringement notice for an alleged breach of the Corporations Act.
Perth-based uranium exploration company Fission Energy Ltd has signed a sale and purchase agreement to acquire 100% of the issued capital of Meteore Metals Ltd, for $8 million.
Subiaco-based Batavia Mining Ltd has signed a Letter of Intent to sell its Gullewa tenements, located east of Geraldton in the Yilgarn Goldfields, to Toronto Stock Exchange listed company, ATW Venture Corporation.
Perth-based engineering services company, Neptune Marine Services Ltd, has signed a letter of intent for the acquisition of Perth-based Access Management (WA) Pty Ltd, one of the largest specialist access companies in the Asia Pacific region.
West Perth-based computer office equipment financing company, ThinkSmart Ltd has commenced trading in the United States with global office product supplier, Office Depot.
Subiaco based Midas Resources Ltd aims to raise $3 million through a renounceable rights issue to continue the company's active exploration programs and for working capital.
A total of $21 million will be spent on a broadband development project to facilitate health and emergency services for people living in remote and regional areas of Australia as part of a state and federal government joint initiative.
The directors of West Perth-based Universal Resources Ltd have approved the development of the company's Roseby Copper project, subject to successfully raising around $230 million and gaining governmental approval.
Perth-based diversified resources company RMA Energy Ltd has taken one step closer to finalising negotiations for the joint venture development of two Queensland based assets with Bounty Resources International Ltd and China Rail Engineering Corporation.
West Perth-based biodiesel company Australian Renewable Fuels Ltd has concluded a purchase term sheet for the supply of biodiesel to a Western Australian resource company.
West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.
East Perth-based Redstone Resources Ltd has secures an access agreement over significant Iron-Oxide- Copper-Gold (IOCG) prospective exploration area at the Baggaley Hills, in the West Musgrave Region, in Western Australia.
Newly rejoined Labor backbencher John D'Orazio has put forward a plan for a new passenger rail line in Perth's northern and eastern suburbs, which would link up with the existing train network.
Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.
Subiaco-based oil and gas exploration company Sun Resources NL has received record revenues from its US operations during March 2008, providing over A$200,000 of net operating revenue for the month.
West Leederville-based Whinnen Resources Ltd has entered into a conditional agreement to acquire an 85% interest in Fongo Tongo Bauxite Project in Republic of Cameroon, West Africa.
Subiaco based uranium exploration company Epsilon Energy has entered into a joint venture agreement with Southern Uranium to explore the Pandanus West tenement in North Queensland.
Pilbara nickel explorer and producer, Fox Resources Ltd today announced that China's largest nickel producer, Jinchuan Group Limited, has successfully concluded a strategic agreement to take an equity stake in the company.
