Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources’ Gnaweeda gold project in the Murchison region of Western Australia.
Global investment bank Pareto Securities has opened its first office in Perth, with plans to supply bond finance to resources companies based in Australia.
Aurora Minerals has executed a three way deal with African Lion and Predictive Discovery, offering African Lion an $800,000 placement and in return receiving a 17.2 per cent slice in Predictive.
Australia's biggest blind and curtain maker, Kresta Holdings, has received a formal bid from Chinese sunshade manufacturer with a $34.5 million takeover offer.
More than 176 years after its first store opened in Sydney, David Jones is passing into foreign hands after shareholders overwhelmingly backed a $2.2 billion takeover.
Struggling Perth-based mineral explorer Pluton Resources has announced it intends to raise about $80 million through the issue of about 8 billion shares.
The Deloitte WA Index declined in June after positive performance in the previous month, with the market capitalisation of Western Australian listed companies decreasing by 3.1 per cent to close the month at $149.3 billion.
The Australian Competition and Consumer Commission has raised concerns about the sale of four Western Australian Supa IGA stores to the Wesfarmers-owned Coles.
Perth technology entrepreneur Zhenya Tsvetnenko is taking another of his ventures public with a second reverse takeover of a struggling mining stock in four months.
Perth gold explorer Emmerson Resources has completed raising $1.87 million through a 49 million share placement to Evolution Mining, satisfying all conditions precedent to the joint venture agreement.
Perth broker Euroz Limited has more than doubled its annual net profit to $26.5 million, after the acquisition of Blackswan Equities lifted its profit guidance for the financial year.
Perth company CVCheck is meeting increasing demand for its services as employers seek to apply greater levels of scrutiny to the details provided by job applicants.
Perth-based Altona Mining has agreed to sell all of its Finnish operations and most of its exploration assets to Swedish miner Boliden Mineral AB for about $US95 million.
Perth-based explorer Zenith Minerals has acquired 51 per cent interest in Fitzroy Resources’ Rookwood project, with an option to purchase the remainder.
Shares in Perth-based Poseidon Nickel have risen 23.7 per cent after the company agreed to acquire Norilsk Nickel’s Black Swan project near Kalgoorlie for an undisclosed amount.
FEATURE: An investment in each of the 10 largest capital raisings by companies in Western Australia during 2013 would be 14 per cent underwater at current prices, according to research conducted by Business News.
Perth-based oil and gas company Antares Energy has received a fresh $US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.
Graphite and nickel exploration company Kibaran Resources has raised $3.1 million through a share placement, just months after it completed a similar placement in February.
