Miner Aquarius Platinum is to spend $790 million buying back all the shares held in it by Impala Platinum (Implats) and all the shares that company holds in its subsidiary, Aquarius Platinum (South Africa).
Subiaco-based iron ore company, Brockman Resources Ltd has completed a positive scoping study which indicates its Marillana iron ore project, located north of Newman, has a potential A$1 billion net present value for a 10Mtpa project development.
Iluka Resources Ltd has completed the retail component of its 4 for 7 pro-rata accelerated renounceable entitlement offer to shareholders, with the retail offer raising approximately A$95 million.
Further to filing a final prospectus on 3 April, Marengo Mining Ltd has today announced the completion of its C$9.8 million offering and has commenced trading on the Toronto Stock Exchange.
IAG rebuffs $7.6bn QBE takeover bid; Senior executives face ANZ Opes Prime Probe; Atlas wants $100m for faster mining program; Rate rises working, says Reserve Bank; Share sell-off signals end to Kolsen hope for Iluka
For the second year running Western Australia has been the nation's highest taxing state, data released today by the Australian Bureau of Statistics (ABS) has shown.
Perth-based gold, nickel and uranium explorer, Impact Minerals has been granted exploration licences covering about 20,000 sq km in eastern Botswana, specifically for the exploration of uranium.
The proposed merger between mining company CopperCo Ltd and investment house Mineral Securities Ltd (MinSec) has moved closer with the release of an independent experts report and a shareholders general meeting scheduled for May.
WA home price 'to fall 20%'; Yilgarn wants port guarantee; Stokes' Seven to press on with appeal in C7 case; Vulcan warms to $184m Finnish copper project; Opes fallout: ANZ chief heads share-lending review
Perth-based wealth management business Plan B Group Holdings Ltd expects its result for FY2008 will be 10% to 15% below the directors' forecast, assuming a continuation of present market conditions for the remainder of this financial year.
Western Australia is leading the national slump in housing finance with new figures showing an 11.6 per cent fall in the month of February, according to the Bureau of Statistics.
Yilgarn Infrastructure has flagged a potential $1 billion damages claim for breach of contract by Midwest Corporation Ltd, which allegedly signed a binding agreement to formally nominate it as its preferred developer for the Oakajee port and rail.
The multi-million dollar fortunes of Paladin Energy Ltd chairman Rick Crabb and company secretary Gillian Swaby are at risk after the company disclosed that about half their shares are subject to margin loans with failed lender Lift Capital.
Engineering and construction company Clough Ltd has continued a run of big contract wins, being awarded a $260 million contract for Apache Energy's Devil Creek gas project in the Pilbara.
Sydney-based margin lender Lift Capital Partners has gone into administration, joining Tricom and Opes Prime as firms to suffer as a result of their margin lending activities.
Iluka Resources Ltd has announced major changes to its board of directors, with Jenny Seabrook joining as a non-executive director and Bob Every set to replace Ian Mackenzie as chairman.
Midwest wants port vote; UWA joins Chevron's oil and gas stellar class; Tatts, Tabcorp shattered by gaming blow; BHP warning to Garrett; Council warns lack of land will push industrial rents sky-high
For the first time since its reporting began, AFG, Australia's largest mortgage broker, has shown that mortgage sales in WA fell every month for the first three months of the year, when compared to sales for the same three months of 2007.
WA's United joins forces with big rival; Opes probes widens to share price manipulation; BHP shares soar on China buy rumours; Stokes cool as WAN goes on foot with profit; Merger growth for Gemini
Stock market volatility has put a dampener on the number of Western Australian companies that floated during the March quarter, but surprisingly, the amount of funds raised was 75 per cent higher than in the same period last year.
Two not-for-profit organisations, The McCusker Foundation for Alzheimer’s Research and Alzheimer’s Australia WA, have teamed up to launch a campaign to assist Alzheimer’s and dementia sufferers.
Perth-based Nkwe Platinum Ltd has chosen to list on London Stock Exchange’s Alternative Investment Market, marking a change from the flurry of Australian resource companies turning their attention, and their pockets, towards Canada.
The votality that has characterised the financial markets this year has bred anxiety across the country, but caution may be a more apt term for WA, where its largely business as usual.
Kerry Stokes' Seven Network Ltd today continued its attack on the performance of West Australian Newspapers Holdings Ltd, arguing that WAN's improved quarterly results did not mean the company was "back on track".
Western Power has today signed a five year alliance agreement with Transfield Services, worth approximately $100 million in revenue in its first year of operation.
Leederville-based uranium development company Bannerman Resources has today confirmed that the majority of its Opes Prime related holding has been sold.
West Perth-based Moly Mines Ltd has announced the completion of the engineering, procurement and construction management (EPCM) contract with WorleyParsons for its 20 million tonne per annum Spinifex Ridge Molybdenum Project.
