Perth-based Boss Energy Ltd has been forced to dramatically revise its rights issue in the wake of the Opes Prime collapse, which has put its share price under considerable pressure.
GRD glosses over rejection of Transfield bid; Macarthur soars on bid talk; $2.6b issue positions Wesfarmers for deals; McMahon waits to see how far down there Cazaly stock falls; New Sydney chief for listed law firm
Nedlands company Advanced Share Registry Services Ltd has launched a $5 million initial public offering to expand the share registry business that operates under the same name.
Perth-based uranium exploration company Fission Energy Ltd has signed a sale and purchase agreement to acquire 100% of the issued capital of Meteore Metals Ltd, for $8 million.
Subiaco-based Batavia Mining Ltd has signed a Letter of Intent to sell its Gullewa tenements, located east of Geraldton in the Yilgarn Goldfields, to Toronto Stock Exchange listed company, ATW Venture Corporation.
Subiaco based Midas Resources Ltd aims to raise $3 million through a renounceable rights issue to continue the company's active exploration programs and for working capital.
Opes Prime administrators probes Merrill mistake; BHP and Rio go in hard on spot prices; Crean may open doors to Chinese money; Goyder poised to unveil debt rejig; Fong forced to postpone listing of metals explorer
Balcatta-based ticketing company ERG Ltd plans to sell half of its business to its major shareholder and lender after reporting a $104.7 million loss for the half year to December 2007.
The directors of West Perth-based Universal Resources Ltd have approved the development of the company's Roseby Copper project, subject to successfully raising around $230 million and gaining governmental approval.
West Perth-based biodiesel company Australian Renewable Fuels Ltd has concluded a purchase term sheet for the supply of biodiesel to a Western Australian resource company.
West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.
Wesfarmers weighs huge equity raising; NAB facing $600m bill after tax case; Opes probe turns up heat on ANZ; Rio shares up 4% as higher BHP bid tipped; Salting case families lose move on Xstrata
Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.
Kalgoorlie-Boulder Resources Ltd could start producing gold from its Norseman gold project in 2010 following positive scoping study results that have pegged capital costs at $75 million.
Pilbara nickel explorer and producer, Fox Resources Ltd today announced that China's largest nickel producer, Jinchuan Group Limited, has successfully concluded a strategic agreement to take an equity stake in the company.
Wesfarmers Ltd shares remained in trading halt today after it confirmed it was considering an equity raising - expected to be a rights issue - to refinance $4 billion in bridging finance used to fund its $20 billion takeover of the Coles last year.
Shares in West Perth-based resources company Straits Resources Ltd have jumped more than six per cent after the company unveiled a plan to restructure the business and demerge from its coal-focused Asian subsidiary.
Rio surges on London talk BHP ready to sweeten offer; Beijing takes over BHP raid plans; Wesfarmers mulls multi-billion dollar raising; Paladin pair lynched as Merrill sells off shares; Inside the Stokes bunker: cashed up and set to pounce
After operating as a private company for 14 years, mining services firm ADG Global Supply Pty Ltd is planning a stock market listing to bring in new money and attract new talent for its growing business.
Last week’s takeover of United Credit Union continues a long run of Western Australian financial institutions falling prey to interstate and overseas predators; but surprisingly, this trend has done little to dampen competition.
Readers with long memories may recall that one of Bob Hawke’s major initiatives upon being elected prime minister in 1983 was to convene a national economic summit.
ALTHOUGH Jim Malone (pictured right) is tackling powerhouses these days under the Richmond nametag, the former Tigers general manager is operating under a completely different banner to football.
A mystery company known as Yarri Mining Pty Ltd plans to take stoc market listing hopeful Energy and Minerals Australia Ltd (EMA) to court over a highly sought after uranium deposit, which is claimed to be the biggest outside of the control of the mining
Rising interest rates and global financial uncertainty are having a tangible impact on Western Australia’s housing industry, with two sets of economic data indicating a downward trend in the local market.
Advertising and marketing expenditure by Western Australia’s public universities jumped 45 per cent in the past year, as the institutions competed with the business sector for the hearts and minds of the state’s youth.
With less than a week before the culmination of the boardroom battle at WA Newspapers Holdings Ltd, both sides remained in full battle mode ahead of Wednesday’s extraordinary shareholder meeting.
Shares in Maddington-based civil construction company Brierty Ltd plummeted today following a profit downgrade of as much as 20 per cent, just four months after listing on the ASX.
