PERTH-BASED diamond explorer, Paramount Mining Corporation Ltd, is set to launch a $40 million capital raising ahead of a new exploration float on the Johannesburg Stock Exchange in September this ye
National tourism award wins TWO Western Australian tourism businesses, the Augusta- Margaret River Association and Faraway Bay, both won a prestigious 2007 Qantas Australian Tourism Award, held in Can
Polaris Metals NL spin-off Southern Cross Goldfields Ltd has closed its initial public offer after raising $8 million, ahead of listing on the Australian Securities Exchange on March 20.
Universal Resources Ltd has placed 33.8 million shares at 65 cents each with New South Wales-based Tulla Resources Group Ltd to raise about $2.2 million
Kalgoorlie Boulder Resources Ltd has commissioned engineering group Downer EDI , Element CMC and J Macintyre and Associates to conduct a number of additional technical studies for incorporation into its Norseman Gold Project scoping study.
Western Australia's powerhouse economy has continued to push up national growth, with WA posting the fastest growth of any state with a 9.7 per cent increase in state final demand during 2007.
Uranium explorer Bannerman Resources Ltd plans to accelerate development of its Goanikontes uranium project in Namibia, following confirmation it is to raise C$21 million ($22.8 million) through a fully underwritten capital raising to Canadian investors.
The Perth-based diamond explorer Paramount Mining Corporation Ltd is set to launch a $40 million capital raising ahead of a new exploration float on the Johannesburg Stock Exchange in September this year.
South Perth-based Dragon Mountain Gold Ltd has raised $6.32 million via the placement of 13.45 million shares at 47 cents each with a range of select institutional groups and sophisticated investors in Australia and the UK.
Diploma Group has released its first results as a listed company, offering half year returns that its says show the builder and developer is on track to meet prospectus forecasts, with a big boost from the decision to end its joint venture with Probuild.
Listed accounting and financial services group Count Financial Ltd has acquired a 25 per cent shareholding in West Perth firm RLF Bentleys Pty Ltd, formerly Rix Levy Fowler, for just under $1 million.
Bedding franchiser Joyce Corporation Ltd has reported a small increase in net profit after tax to $1.428 million, and outlined plans for further growth of its retail operations.
Lower than expected trade at its flagship Mad Monk brewery in Fremantle has seen Oz Brewing Ltd post a net loss after tax for the half-year to December 2007 of $702,923, up from a $154,054 loss in the previous half year.
Compensation for commercial fishermen affected by new laws was back on track following the withdrawal of a disallowance motion in Parliament this week, Fisheries minister Jon Ford has announced.
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Redcliffe-based Global Construction Services Ltd has announced a net profit after tax of $4.7 million for the half year to December 2007, the group's first reporting period as a listed entity.
BankWest's parent company HBOS Australia has reported a 15 per cent increase in profit, saying it is a good result considering the big investment in east coast expansion it has undertaken.
East Perth-based engineering consultancy Lycopodium Ltd has announced a net profit after tax of $4.8 million for the half year, on revenue of $55.9 million.
GRD Ltd has confirmed that it is looking at new ownership arrangements for its Global Renewables infrastructure arm, as its Minproc engineering business reported a strong rise in profits.
Gas giant threatens to take $20b project to NT; ABC crisis forces $50m stock dump; Westfield pins hope on resilience of US malls; BankWest strains its balance sheet; Palandri collapses under debt pile, corporate web
Western Australians are earning more than workers in any other state and the gap between the states is getting larger, new Australian Bureau of Statistics data shows.
The race is on to find ways to store carbon dioxide emissions, but some in the sector argue the legal framework has to be put in place to deal with this new issue and the business opportunities it creates
The state's property market is likely to experience continued growth in 2008, although performance in the residential sector is likely to be mixed, according to the Hegney Property Group's outlook report.
Visiting WA Former coach of the Essendon Football Club, Kevin Sheedy, to speak at the HIA event, An Audience with Kevin Sheedy, where he will discuss “Positive and Lateral Thinking” and “Thinking and
Deep Yellow Ltd managing director Leon Pretorius has increased his direct and indirect interest in the company through the on-market acquisition of 4.3 million shares at a total cost of $1.3 million.
Westpac has its Volkswagens, Aussie has its Rav 4s, Home has its Minis and now the Police & Nurses Credit Society has a fleet of Mazda 3s to raise its profile and showcase its brand on Perth's roads.
The state government addressed a long-running issue early this month when it announced plans to spend $500 million developing a new museum at the East Perth power station site.
The long-awaited move by Kerry Stokes' Seven Network Ltd on West Australian Newspapers Holdings Ltd started this week, offering all the hallmarks of a long and protracted fight.