Drilling specialist Swick Mining Services has raised $17.5 million that will be used to return a number of idle rigs to work over the next six months and for new growth opportunities.
Explorer Poseidon Nickel says it is in negotiations with parties in Asia and the US regarding further substantial funding after it today received commitments to raise up to $2 million.
Less than five months after going to market for extra equity, miner Norton Gold Fields today says it has raised $20 million through a private placement to a Chinese entity.
Sandfire Resources says it has raised $51.6 million through a share placement, more than the targeted amount, with funds to be applied to the Doolgunna copper-gold project in Western Australia.
Accounting firm WHK Horwath has expanded its market share in Western Australia, revealing plans to acquire Osborne Park firm Hayes Knight (WA) with effect from April.
Explorer Sandfire Resources has unveiled a $65 million capital raising to continue exploration and study efforts at its Doolgunna copper-gold project in Western Australia.
Telco networks provider Amcom Telecommunications has announced a net profit after tax of $7.6 million for the first half of this financial year, a gain of 66 per cent over the previous corresponding period's $4.5 million NPAT.
The market value of listed Western Australian stocks fell in January by 7.6 per cent, its first fall in 12 months, new figures from the Deloitte WA Index show.
Bankwest has returned to profitability, today posting a first-half cash profit of $64 million while its parent company, Commonwealth Bank of Australia, increased its cash profit by 54 per cent.
Shares in Cape Lambert Resources have dropped after it today withdrew the initial public offer of spin-off Q Copper Australia due to "recent adverse market conditions".
Perth-headquartered agribusiness AACL Holdings expects to list on the Australian Securities Exchange later this month as it opens its $11 million initial public offer.
Patersons Securities has today announced its third major expansion in less than two years, recruiting the management team behind the Western Australian arm of RBS Morgans.
Gold outfit CGA Mining says it will raise $C74.8 million ($A78.5 million) through a private placement to pay down debt and ramp up exploration efforts at its Masbate project in the Philippines.
Litigation funder IMF (Australia) says a federal government decision to overturn a High Court ruling on the Sons of Gwalia case will not affect past and present proceedings.
Shareholders in West Perth-based Barra Resources will have priority in new float Wild Acre, which is seeking up to $2.5 million in its initial public offer.
The market capitalisation of Western Australian listed companies surged 123 per cent, or $93 billion, in calendar 2009, according to the Deloitte WA Index.
Shares in gold explorer Cortona Resources have jumped almost 10 per cent in morning trade following the company's completion of a $10.3 million capital raising which was concluded with the settlement of a $3.6 million shortfall.
Mamba Minerals plans to raise more than $1 million via a placement and non renounceable rights issue for on-going project cost and evaluation, new project acquisition and to provide further working capital.
Port Bouvard has refinanced its existing bank facilities with St George Bank to the tune of $167.6 million, renewed until the end of 2011, allowing the property developer to focus on progressing the development of its flagship assets in Western Australia.
Subiaco-based Sylvania Resources has conditionally raised nearly $18 million from a new institutional investor, with funds to be used for development and acquisitions.
Talison Lithium's $196 million initial public offer has been withdrawn, days before it was due to list on the local stock exchange, making it the second major resources float in less than a week to suffer an eleventh hour setback.
The $203 million offering of the largest resources float for this year, Q Copper, has been delayed after a UK investor, introduced by Cape Lambert Resources, had to pull out.
Perth-based Mantra Resources will raise a total $C67.2 million ($A70 million) from North American and European institutional investors for its Mkuju River uranium project in Tanzania.
Shares in Cape Lambert Resources have entered a trading halt as it prepares to release details of the completed $214 million initial public offer for Q Copper.
