Mining identity George Jones has announced he will step down from his chairman roles at Gindalbie Metals and Sundance Resources to focus on his health, with Geoff Wedlock to assume the responsibilities.
Territory Resources has extended its standstill agreement with its financiers until mid-August, prompted by the delay of a settlement in a benchmark iron ore price between China and the major miners.
Standard & Poor's Ratings Services has lowered its corporate credit ratings on electricity retailer Synergy following adoption of a new rating methodology.
LISTED Perth-based financial planning firm Plan B Group Holdings is finalising the purchase of Aspire Finance's $240 million mortgage book in its second transaction of the calendar year.
GET back to basics, have the right people and advisers around you, and make sure everyone involved shares the values that have made your business a success.
ALL deals during the fiscal year were done, or proposed, at a time of financial crisis, attracting a certain level of admiration from the investment community for the successful combatants.
LOCAL engineering firms are already planning to cut the number of expatriates employed at their overseas operations due to new tax laws that will significantly increase the annual tax bill of Australians working overseas.
The Rudd government has sneaked in an eleventh hour change to its unfair dismissal code which will force small busineses to pay 'go-away' money to aggrieved employees, the federal opposition claims.
South Korean steel maker POSCO has invested nearly $8 million in Jupiter Mines and entered into an offtake deal for up to 50 per cent of the West Perth-based company's future iron ore production.
Agribusiness companies TFS Corporation and Elders have reported a fall in managed investment scheme sales for the 2008-09 financial year but said they were pleased with the result in light of difficult industry conditions.
Union push for 6pc wage rise; Mid-West broadband rollout fast-tracked; Rio plays hard ball at ore talks; Suitors like the look of Lady Annie; Raisings and Rio give deal makers reason to celebrate
Paladin Energy has approved a $US71 million ($A88 million) expansion to its Langer Heinrich uranium mine in Namibia, which will be smaller than originally targeted.
Acquisitive Sylvania Resources has agreed to merge with a Finnish company in a deal valued at €268 million ($A466 million) to create an integrated producer of platinum group metals and ferrochrome.
Sydney-based Norfolk Group has secured a $96.5 million contract from BHP Billiton Iron Ore for rail signaling installation work as part of the miner's Rapid Growth Project 5.
Gindalbie Metals has progressed its relationship with AnSteel, today announcing the appointment of two more representative from the Chinese entity to the board.
Stimulus a short-term hit: bank; ASX Seeks to cut small investors into bonds boom; Unions gear up to exploit IR changes; Iron men's bluff threatens deadlock; Australia to feel pain as China curbs its imports
A corporate restructure of CopperCo has saved Cape Lambert Iron Ore from launching takeover bids for several of the collapsed company's listed investments.
West Perth-based ComputerCORP will undergo some major changes including a name change and a new east coast-based chief executive following the acquisition of two technology providers.
ASIC warns directors on valuations, solvency; Companies face 20pc profit cut; BHP benefits as Rio robots race to 'mine of the future'; West shapes as key to Rudd's second-term hopes; Hotels in rush to sign up workers.
The majority of Australia's state treasurers have agreed to implement new uniform payroll tax rules related to employees who work in more than one jurisdiction, with Queensland being the exception.
Murchison Metals says it will investigate a port option at Anketell Point, proposed by Aquila Resources and Fortescue Metals Group, as it kick starts a scoping study on its Rocklea iron ore project in the Pilbara.
Fox Resources plans to raise more than $13 million through a rights issue to complement its previous $3.4 million private placement, with funds to be applied to ongoing exploration programs and processing tests.
West Perth-based Key Petroleum has entered a deal with an unlisted UK company to acquire its wholly owned subsidiary, Midmar Energy Onshore, for £2 million ($A4 million).
The state government has accepted Alinta's proposal to increase the cap for gas tariffs by 23 per cent, as the gas retailer seeks to recover some of its costs from the impact of the Varanus Island gas explosion.
Shares in Otto Energy have risen after the company declared it was free from debt and its Galoc oil field in the Philippines had reached commerciality.
