Rio deal with Chinalco is dead; Troubled Mirvac launches $1.1bn capital raising; BHP tempts China with index-linked ore prices; Investors pull back as mining falls off; Brandrill warns of loss for second half
Three Western Australian junior explorers are the latest in a string of companies to head to market for fresh equity, today unveiling plans to raise a total of nearly $10 million.
Aquila Resources has had a win in the Queensland Supreme Court case relating to its dispute with its joint venture partner in the West Pilbara iron ore project.
Shares in office equipment financing company ThinkSmart have jumped after the execution of a new wholesale funding deal with Societe Generale (SG) in Spain.
A Chinese government agency is set to take a 13 per cent interest through a near $10 million placement in East Perth-based Bauxite Resources following Foreign Investment Review Board approval.
Perdaman Chemicals and Fertilisers, the company behind the $3.5 billion urea plant near Collie, has awarded an engineering and construction contract to a Korean and Indonesian consortium.
A joint venture led by engineering and construction company Clough has been awarded a contract for early works on a major liquefied natural gas (LNG) project being developed by Exxon Mobil in Papua New Guinea.
Stocks soar on rise in GDP; Kagara poised to raise close to $200m; Ore price fall puts China on spot, boosts miners; WA may privatise assets to aid books; Union fury as Gillard talks tough
DURING the past two years, Neptune Marine has been on a breakneck growth path, which has scared many investors who find it difficult to assess such a fast-moving target.
PERTH universities have embarked on major capital works programs, developing award-winning, world-class research and learning facilities without sacrificing design aesthetics.
THE post-boom environment has given rise to a surge in demand for outsourced chief financial officers, as small to medium-sized enterprises look to implement similar systems to larger businesses.
WESTERN Australian farmers and growers are feeling the effects of the economic downturn as the big supermarket chains put the squeeze on their supply chain.
A COUPLE of Western Australian exploration minnows have this week secured deals and appointments that are likely to breathe new life into the companies.
ONE by one they fall.he council investment saga started almost two years ago with the realisation that one of their popular investments, a Lehman Brothers-arranged investment branded Federation, was exposed to the American sub-prime mortgage market, and l
THE state government will prosecute Apache Energy over the Varanus Island explosion, but many businesses believe the response pales in comparison with the Victorian Esso-Longford explosion of 1998, which generated a Royal Commission.
Perth's southern suburbs have recorded the highest number of houses listed for sale in the metropolitan region with prices generally 5 per cent lower, latest figures show.
The state government expects to save $280 million over four years from reforms to the capital works program including enhancing the use of public-private partnerships and moving thousands of public sector workers out of the city's government buildings.
GRD Minproc, a subsidiary of GRD, has secured definitive feasibility study work for Canadian mining company Greystar Resources' gold and silver project in Colombia.
Shares in Nedlands-based explorer ABM Resources have jumped after the finalisation of a deal with the Nick Archibald-led Ochre Holdings, which potentially could take control of the company.
Woodside eyes Chevron gas for Pluto expansion; China rejects iron ore price deal; Councils eye court action over losses; Chinalco baulks on Rio funding; Regulator to crack down on auditors
West Perth-based explorer Forte Energy, formerly Murchison United, plans to raise $10 million through institutional investors to advance its uranium projects in West Africa.
Explorer West Australian Metals plans to raise up to $9.9 million in a bid to secure cornerstone investors for its Marenica uranium project in Namibia.
Western Australia has bucked the national trend in new home sales with deals down 4 per cent in April while the national figure rose to a 14-month high, new data from a home building industry group shows.
Port Bouvard is the latest property developer to branch out into funds management after receiving a financial services license by the Australian Securities and Investment Commission.
