Sandfire Resources managing director Karl Simich has sold 1 million shares to an unnamed North American resource fund, pocketing more than $3.5 million.
Troy Resources non-executive chairman John Dow has described the battle for boardroom control as a clash of personalities that started last year, as the chance of a truce looks highly unlikely.
Perth-based energy specialist Enerji is set to establish an office in the United States after a number of the country's green investment funds indicated they will invest more than $11 million into the company.
Computer and office equipment financing company ThinkSmart has signed a three-year distribution agreement with a leading European electrical retailer that will see the company provide its B2B rental finance product in almost 20 locations across Spain.
Commonwealth Bank of Australia (CBA) has paid a $100,000 fine from the corporate watchdog for an alleged failure to disclose a hike in its 2009 bad debt forecast ahead of a controversial $2 billion capital raising.
Uranium developer Toro Energy has appointed a specialist three-member project team to lead its flagship Wiluna project north of Kalgoorlie as the project's bankable feasability study moves towards completion by 2011.
'Luddites' keep Perth in dark on retail trading; Super review targets fund manager fees; Big Telstra holders blasted; Manufacturers, wholesalers, retailers sentiment flags; Rio unit soars on coal rebound
A revaluation of the recently re-purchased RAC Insurance by the Royal Automobile Club of WA has nearly offset the investment losses it felt at the hands of the global financial crisis.
The Gordon Martin-backed Pulpwood Plantations is extending its bid for Great Southern timber schemes to include all but one of the flagship plantations.
The Michael Wright-backed private company General Mining Corporation is seeking to raise $240,000 in seed capital to help it prepare for a local stock exchange listing by the end of the year.
Former Regis Resources managing director David Walker plans to sue Newmont Mining Corporation for more than $9 million for alleged misleading and deceptive conduct.
West Perth-based New World Energy plans to raise $10 million through an initial public offer to explore and develop its geothermal permits, and expects to list on the local stock exchange by the end of the year.
Adultshop.com has indicated it is unlikely to recommend a hostile takeover offer from Melbourne group Sexyland, saying its directors will not accept the offer on its current terms.
Moly Mines says it is continuing strategic investor talks for its Spinifex Ridge molybdenum operation in the Pilbara, as debt capital markets continue to resist supporting green-field projects.
Troy Resources' dissident director John Jones has returned fire in an increasingly heated boardroom battle as the company sets a date for the shareholders to decide which directors stay or go.
Marine safety company Mobilarm has joined the growing list of companies seeking to list on the stock exchange, today unveiling plans to raise up to $6 million in its initial public offer.
The Australian Securities Exchange has knocked back an application by PearlStreet to extend the expiry date of its listed options, as it proceeds with a conditional recapitalisation proposal by private equity firm Catalyst Investment Managers.
Tasmania and South Australia are Australia's top performing economies relative to their historic track record, contrasting with the resources-rich states of Western Australia and Queensland which are growing below par, a new CommSec study has concluded.
The Foreign Investment Review Board has given the greenlight to a $10.5 million investment by a Chinese company into Meridian Minerals, which will apply the funds to its Lennard Shelf zinc project in the Kimberley.
Epsilon Energy has entered into a binding deal to acquire the outstanding shares in private Canadian outfit Takatu Minerals, which holds prospective gold and uranium projects in South America, in an all-scrip deal valued at more than $9 million.
The founder of Carnegie Wave Energy, chairman Alan Burns, has decided to step down, ending his Australian public company career, as the acquisition of Renewable Energy Holdings is formalised.
Ramelius Resources' takeover bid for Dioro Exploration is gaining momentum with the Adelaide-based company boosting its shareholding by more than 9 per cent and extending the offer by three weeks.
GRD Minproc, a subsidiary of Perth-based engineering company GRD, has been awarded the definitive feasibility study contract by Kentor Gold for its Andash gold-copper project in the Kyrgyz Replublic.
Fortescue Metals Group will spend $360 million to upgrade its Christmas Creek iron ore mine in the Pilbara to boost its total Pilbara output by 40 per cent to 55 million tonnes a year by mid 2011.
Receivers McGrathNicol has recommended that Great Southern's 2008 wine grape income project be wound up after it determined that a minimum of nearly $8 million would be needed to produce a 2010 vintage.
The takeover battle for South Perth-based Rocklands Richfield is heating up, with first bidder Jindal Steel and Power boosting its shareholding through a $2.8 million on-market purchase.
Software developer Websby is set to broaden its horizons after unveiling a proposed acquisition of an internet-based procurement and materials management business in a $4.8 million scrip deal.
