Gindalbie Metals plans to tap the market for up to $206 million to fund its Karara iron ore joint venture, days after it announced a capital cost increase at the Mid West project.
Osborne Park-based explorer Viking Ashanti has made an underwater debut on the local stock exchange with its share price closing 8 per cent below the issue price.
ANZ and Westpac have joined the other big banks, Commonwealth Bank of Australia and National Australia Bank in raising the standard variable home loan interest rate in line with the 25 basis point rise by the Reserve Bank of Australia (RBA).
Patersons Securities has today opened its new office in East Perth after luring a smaller than expected group of advisers from RBS Morgans' Perth division.
Dual-listed CGA Mining will become a strategic investor in Sierra Mining after agreeing to take a 10 per cent stake in the Perth-based explorer through a private placement.
The National Australia Bank's move to abolish a number of its fees has earned it the inaugural banking leadership award, among others, at the Canstar Cannex's Innovation Excellence awards.
Western Australian consumers have taken a cautious approach towards taking on new debt with demand for mortgage and personal credit falling during the first quarter of the year as compared to the same period last year, a new study has found.
Iron Ore Holdings managing director Matthew Rimes has spent $3 million exercising options at less than half the value of the company's last traded price.
Belmont-based Aurora Minerals has raised $15.5 million through a share placement, with funds to be applied to its Capricorn South East manganese project in the south of the Pilbara region.
Kerry Stokes' Seven Network has cleared the final hurdle in its merger with privately-owned industrial equipment business WesTrac, with the Federal Court today approving the $3 billion deal.
It seems size really does matter in the corporate sector with larger businesses reporting a significantly higher level of satisfaction with their business banks as compared to their smaller counterparts, a survey says.
Recently-listed Doray Minerals has raised $4 million that will fund further exploration at its Andy Well gold prospect in the northern Murchison region of Western Australia.
Shares in Noble Mineral Resources were higher after the South Perth-based company confirmed a $62 million capital raising to progress its gold project in Ghana.
The Rick Hart-chaired Renaissance Minerals is set to open its $6 million initial public offer this week, with plans to list on the local stock exchange at the end of the month.
The corporate watchdog has frozen the funds of 16 companies associated with four men, including Perth man Scott Walker, due to concerns of a possible Ponzi-style operation.
The market capitalisation of Western Australian listed companies continued their strong growth in March, with the Deloitte WA Index increasing 7 per cent during the month to $170.3 billion.
Clive Palmer's Mineralogy has agreed to loan $3 million to Australasian Resources, which will use the funds to progress financing talks over the Balmoral South iron ore project.
Perseus Mining is set to tap equity markets again to raise up to $139 million through an underwritten share offering, a private placement and a share purchase plan.
International Petroleum has today unveiled plans to list on the National Stock Exchange, days after the Australian Securities Exchange blocked a deal with links to controversial businessman Frank Timis.
Australasian Resources says it is finalising details of a capital raising, nearly two months after it was questioned by the Australian Securities Exchange over its cash reserves.
Beadell Resources says it has received commitments to raise $57 million, which will be used to complete the acquisition of a Brazilian company that hold the rights to a gold project and an iron ore royalty.
Shares in Ironbark Zinc surged higher after major shareholder Nyrstar lifted its interest to more than 30 per cent by subscribing to $15 million worth of securities.
Resolute Mining will spin out its gold assets in Ghana to Osborne Park-based Viking Ashanti, which plans to open its $8 million initial public offer shortly.
Ausdrill will raise nearly $104 million through a placement and underwritten rights issue with managing director Ron Sayers to invest $5 million of his own money into the mining services company.
Nickel miner Western Areas says it received strong interest in its convertible bonds issue that raised $125 million, which will partly be used to pay debts with BHP Billiton and ANZ.
Property developer Finbar Group has raised nearly $21 million which will be applied to its expansion plans in the Pilbara and continued growth opportunities in Perth.
Shares in listing hopeful Miclyn Express Offshore, which is eyeing WA's booming oil and gas sector, have been set at the lower end of its initial public offer price range, valuing the company at $516 million.
