Perth's oldest stockbroking firm, DJ Carmichael, is looking to beef up its corporate finance team as Ian Dorrington is appointed managing director and Brian Hockney as chairman.
South Perth-based Rand Mining plans to raise $6.5 million through a rights issue to retire its debt with Tribune Resources and to boost working capital.
The number of Western Australian companies looking to list on the local stock exchange is gaining momentum with Laconia Resources the latest to open its $6 million initial public offer.
Brighter outlook in the booming west; Reserve Bank wary of putting interest rates up as strong Aussie dollar could choke recovery; Premier’s 8pm shop hours offer falls flat; Rudd aligns with US on stimulus; Ministers downplay NBN risks
East Perth-based Bauxite Resources has raised $57 million that will be used to enhance infrastructure at its bauxite operation in the South West and fund a study into an alumina refinery.
Premier Colin Barnett says he will not take any legal action after a parliamentary committee cleared him of any wrong doing over the removal of a Peppermint Grove property from the state's heritage list.
The University of Western Australia has joined a national network of university business schools, guided by some the state's leading businessmen and women, that aims for academic excellence for a social purpose.
Perth businessman Gordon Martin has challenged potential rivals for Great Southern assets to put forward detailed proposals as funding for the collapsed company's assets is about to run out.
Subiaco-based Allied Gold plans to make a friendly all-scrip takeover offer for Toronto-listed Australian Solomons Gold in a deal valued at about $60 million.
Mining company Stirling Resources has launched a share entitlement issue to raise approximately $17.5 million to fund the recapitalisation of Monarch Gold, and the commencement of its gold operations near Kalgoorlie.
It has the potential to become one of the great ironies of WA's unfolding LNG boom - hot rocks powering the Pilbara as it comes to grips with runaway oil and gas development.
Unions declare war on BHP, each other; Labor plan to break up Telstra divides coalition; Cowboys not welcome in WA; ATO targets wealthy in trusts blitz; Stimulus to be felt for decade
TWO not-for-profit organisations this month demonstrated that carefully planned and targeted fundraising activities can achieve outstanding results in spite of the poor economic conditions.
THE past 12 months has been tough for most businesses but especially for the state's major sporting clubs, which have been forced to deal with inadequate venues, declining ticket sales and poor on-field performances, as well as the economic slowdown.
Shares in oil and gas exploration company Carnarvon Petroleum have jumped more than 10 per cent in trading today after the company reported the discovery of commercial quantities of oil at two of its fields off the coast of Thailand.
West Perth-based mining outfit Meteoric Resources has raised more than $1.1 million in a placement to investors to finance initial exploration of its gold project at Webb in WA and new nearby joint ventures targeting iron oxide-copper-gold mineralisation.
Uranium exploration company Extract Resources has completed its previously announced private placement worth $40.3 million as part of a $91 million capital raising to accelerate exploration activities at its Rossing South project in Namibia.
Minerals exploration company Wolf Minerals has raised $4 million for completion of a bankable feasability study on its Hemerdon Ball tungsten and tin project in England.
Business confidence and business performance in WA improved during the last quarter and is now above the national average despite a particularly challenging February to April trading period, a survey has revealed.
VDM Group's order book has been boosted to $346 million after subsidiary Wylie and Skene was awarded a $14.2 million contract for works on BHP Billiton's Rapid Growth Project 5 in the Pilbara.
Low interest rates and a more generous government housing grant have failed to lift the rate of new home building, with housing starts in WA falling by a larger than forecast 18.1 per cent in 2008/09.
Perth-based energy specialist Enerji will investigate the potential use of its low-emission cogeneration technology in two of Babcock and Brown Power's power stations.
Perth-based biotechnology outfit BioPharmica plans to seek an initial public offer for its wholly owned subsidiary, Molecular Discovery Systems, which will focus on cancer treatments.
Adelaide-based Toro Energy has raised $40 million to advance its Wiluna uranium project in Western Australia, with first production anticipated in 2012.
