Shares in RMA Energy have been placed in a trading halt after it was approached by an entity, speculated to be a Chinese business, that could result in an offer for some or all of its shares.
One month after its failed bid for Terrain Minerals, Iron Mountain Mining plans to launch a takeover for Aluminex Resources, which delisted from the local stock exchange months after its float.
Business coughs up for ministerial access; Unions wage bitter turf war; BHP rail snub irks juniors; Schubert’s swansong from CBA; Jobs data pushes Australian dollar higher
Former Wesfarmers finance director Gene Tilbrook has today been appointed as one of five new directors to the board of NBN Co Limited, the company established to deliver the $43 billion national broadband network.
Maddington company Coote Industrial expects to report a small net profit for fiscal 2009 after accounting for delays associated with the Greentrains payment.
Perth-based neurology focused research and development company NeuroDiscovery has entered a specialist services deal with a major international pharmaceutical company, valued at $620,000, the company's largest every contract.
Malaga-based Automotive Technology Group plans to raise around $2.7 million through an entitlements issue after a proposed convertible notes capital raising was scrapped last month.
Western Australia's unemployment rate has jumped to a near six-year high while the national jobless rate holds steady at 5.8 per cent as employers chose to cut employee hours rather than slash jobs, new figures show.
BHP diverts from Rio market deal; ANZ ready for battle of merger ambitions; Tax Office widens blitz on executives; CBA plays follow-the-leader on fees; Surprise export rise trims deficit
Despite the massive plunge in share values in recent months, many junior miners are once again optimistic about the future – provided government comes to the party.
IT was two years ago this month that business media began reporting on events that were starting the shake the foundations of the world's financial markets.
SIXTY per cent of Australian charities have reported falling revenues during the past six months with two thirds predicting a further loss of income during the next year.
LISTED Perth property developer Cedar Woods Properties has smashed its forecast profit for the year, booking net earnings of $9.3 million for the 2008-09 financial year.
ANXIETY over foreign investment is compounding the funding challenges created by the global financial crisis, according to the junior mining executives at the recent WA Business News roundtable.
GIANT South Korean conglomerate Samsung Corporation has thrown its weight behind Perdaman Chemicals & Fertilisers' proposed $3.5 billion urea project at Collie by taking a small equity interest in the venture.
THE release of a report recommending tougher regulations concerning insider trading and director share trades has prompted an outcry from a group protecting directors' interests.
Sydney-based RIMCapital has written off its investment in unlisted company Yilgarn Infrastructure Ltd, which was the unsuccessful bidder for the development of the Oakajee deepwater port and associated rail project.
West Perth-based Antares Energy has pocketed $10 million and plans to raise a further $2 million to buy additional Eagle Ford shale acreage in Texas and boost working capital.
South Korea's Samsung Corporation has agreed to invest $40 million to take a small direct interest in Perdaman Chemicals & Fertilisers' $3.5 billion Collie urea project.
Perth office vacancies worst in 17 years; RBS deal furthers ANZ's Asia push; Bankers punt on renewed appetite for IPOs; Avoca chief warns rival for Dioro is unproven; Rates on hold, but not for long
Atlas South Sea Pearls expects to record a half-yearly profit of $2 million on the back of a general downturn in demand for luxury goods, offset by cost savings implemented by the Subiaco-based company.
Bendigo and Adelaide Bank expects its full-year earnings to be cut by a further 16 per cent after making extra provisions against its $550 million exposure to investors in Great Southern agribusiness schemes.
Western Australia's house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau of Statistics said today.
Development of Galaxy Resources' Mt Cattlin lithium project is ramping up with the emerging producer awarding a key contract to the DRA Pacific, Mintrex and BEC Engineering joint venture.
