Cape Lambert Iron Ore Ltd has today confirmed that it is fighting a court injunction brought about by major shareholder Power United Ltd, which is seeking to block the acquisition of a stake in an African project.
Shares in West Perth-based Tanami Gold NL have dropped 25 per cent on news the company plans to raise nearly $12 million through an entitlements issue to repay loans for ongoing development of its gold mine.
Four Mineral Securities Ltd directors, including mining identity Robert Champion de Crespigny, have stepped down following the company's merger with CopperCo Ltd.
The Australian Securities Exchange today delayed the start of equities trading while it sought to clarify aspects of move by the corporate regulator to ban short selling in the domestic market.
Bush fires $840 billion bazooka; Turmoil feared as ASIC bans short selling in all ASX stocks; Rudd puts limit on China in Mid West; Babcock acts on damaging rumours; Builders warn on funds threat to projects
The continued global financial turmoil has prompted Aurox Resources Ltd to review alternatives over project implementation for its Balla Balla titanomagnetite operation in the Pilbara.
The finance offer deadline for Australasian Resources Ltd's Balmoral South iron ore project has been pushed back by six months following recent merger developments with billionaire Clive Palmer.
Jupiter Mines Ltd has entered into a potential off-take agreement with a Chinese company over its iron ore projects in Western Australia and other iron assets.
$225bn bid to steady nerves; Battered Macquarie under pressure to find a partner; Cape Lambert faces court in Shemesian shemozzle; HBOS deal 'secures BankWest'; Nuclear deal with Russia put on ice
Cape Lambert Iron Ore Ltd has urged its shareholders to carefully consider the resolutions proposed by Power United, which earlier this week proposed for the removal of several directors including executive chairman Tony Sage.
Murchison Metals Ltd has posted a full year net profit of $56 million for the 2008 financial year, a turnaround from the previous year's loss of $45 million.
British bank Lloyds TSB announced today it was taking over rival bank HBOS - the parent of Perth-based BankWest - in a 12.2 billion pound ($A28 billion) deal.
Oil Basins Ltd has applied to the Supreme Court of Western Australia for an urgent hearing into an alleged breach of obligations by a Perth-based Australian Worldwide Energy Ltd subsidiary over licences in the Canning Basin.
Following a change of plans, Mid West-focused explorer Base Iron Ltd has closed its $4 million initial public offer early with plans to list on the Australian stock market in early October.
Moly Mines Ltd said it is in ongoing talks with investors over financing arrangements for its $1.1 billion Spinifex Ridge molybdenum project, as it finalises a $190 million interim financing facility.
Fears of global crash see US take over big insurer; TLG knocked back tied gas supply; Moly Mines dips again on nervousness about project funding; Tidy windfall off back of credit slump; Employers win new IR powers
Another gold miner in administration THE Australian gold division of Toronto-listed company GBS Gold International Inc has been placed into voluntary administration after it defaulted under its curren
FORMER National Lifestyle Villages chief executive John Pirie has been recruited by property group Rapley Wilkinson to the position of general manager, business development/strategy.
TEN-YEAR government bonds effectively set a risk-free rate of return for investors, since these government-backed securities guarantee an investor's initial capital investment.
A STRING of councils in Western Australia are expecting millions to be wiped off the value of high-risk securities following the collapse of US investment bank Lehman Brothers early this week.
Minara Resources Ltd non-executive directors Ivan Glasenberg and Willy Strothotte have increased their interest in the company, held by Glencore International AG, through the on-market acquisition of
PHIL Sexton, the co-founder of Matilda Bay Brewing Co, Dome Coffees, and Little Creatures, believes there are three key elements to staff training in hospitality.
Hedge funds might attract the headlines for all the wrong reasons but Jon Horton has staked his latest business enterprise on the fact that their returns in these troubled times will attract Australian investors.
Reward Minerals Ltd has proposed to spinout its Jervois base metals and Gabanintha gold-copper projects into wholly-owned subsidiary Jinka Minerals in a bid to become the first Australian potash producer.
First Start - the state government's shared equity scheme for first homebuyers - has been suspended indefinitely in a move that housing groups believe could threaten the already struggling sector, if the incoming Liberal government does not top up funding
Less than a week after shareholders voted against a resolution to oust a director, Style Ltd's major stakeholder Merim Pty Ltd has again called for another meeting, this time to remove founder Greg Johnson.
The Federal Court has ordered Victoria-based Oil Basin Ltd to pay costs related to its proceedings launched against Perth-based companies ARC Energy Ltd and Buru Energy Ltd.
Perth-based Incremental Petroleum Ltd said it does not see any synergies in merging with Cooper Energy Ltd as it again reiterated calls to shareholders to take no action on the bid.
