Retailer Clive Peeters, which owns the Rick Hart stores, has started legal proceedings against a staff member over the theft of nearly $20 million that was used to buy and sell real estate.
Shares in Anvil Mining have jumped as much as 20 per cent today after the miner secured a $238 million equity and debt arrangement for the expansion of its Kinsevere copper operation.
Pilbara ports look to more record trade; Coalition's emissions trading plan a 'mongrel'; New arena doubt on cost, timing; Split banks, Senate told; Acid test for China bid
Anvil Mining has reached an agreement with international commodities trader Trafigura Beheer over a $US200 million ($A238 million) equity and debt financing arrangement for the expansion of the Kinsevere copper project in the Democratic Republic of Congo.
China Railway Resources Group Co has today revealed plans to launch a proportional takeover for RMA Energy, offering cash for 80 per cent of shares it does not own in the Perth-based company.
Charities in Western Australia have seen a more than 5 per cent rise in demand for their services as a result of the global economic downturn, a new survey reveals.
Talk of the central bank lifting interest rates within the next year is expected to increase Western Australia's demand for fixed rate loans, which dipped slightly in July, a new Mortgage Choice survey shows.
Indago Resources is set to get a new board after its current directors conceded a request from Subiaco-based GoldLink IncomePlus to appoint Miles Kennedy, Karl Simich and Matthew Fitzgerald.
Brockman Resources plans to start production at its Pilbara iron ore project by the end of 2012 after a study estimated capital costs at up to $1.35 billion.
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
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.
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.
