West Perth-based iron ore explorer Vector Resources Ltd has made a strong debut on the Australian Securities Exchange, with the value of its shares surging more than 65 per cent.
Shares in Perth-based mineral explorer Syndicated Metals Ltd remained steady at 34 cents today, following the company's strong debut on the Australian Securities Exchange yesterday in which its 25 cent issue price soared 20 per cent.
Jubilee Mines NL has written to shareholders today urging them to accept a takeover offer from Xstrata Nickel Australia Pty Ltd, which currently holds 40.13 per cent of Jubilee shares.
Shares in Fairstar Resources Ltd sank another 5 per cent today as it revealed its holding in takeover target Golden West Resources Ltd had fallen from 32.2 per cent to 24.8 per cent.
Emerging from a trading halt today, engineering services group Neptune Marine Services Ltd has raised $61 million to primarily fund the acquisitions of Ross Deeptech Initiatives Ltd and Sea-Struct businesses.
Emerging mining and exploration players Navigator Resources Ltd and CityView Corporation Ltd have successfully completed share placements to raise $5 million and $10 million, respectively.
An independent expert's report by Deloitte Corporate Finance has concluded that Arc Australia Ltd's proposed acquisition of Anzon Australia Ltd is fair and reasonable.
Golden West Resources Ltd has firmly rejected Fairstar Resources Ltd's improved scrip takeover offer, arguing that the value of Fairstar scrip is highly uncertain and volatile and that Fairstar adds nothing to the planned Wiluna West iron ore project.
West Perth-based Bellevue Resources plans to list on the Australian Securities Exchange on December 18, after raising $3.5 million through its initial public offering.
Welshpool-based RCR Tomlinson Ltd has secured $60 million in new project orders through its engineering, electrical, maintenance and energy business units.
Chamber of Commerce and Industry Western Australia boss John Langoulant has resigned from the peak business and employer group to take up the role of chief executive with Kerry Stokes' private company, Australian Capital Equity Pty Ltd.
Premier Alan Carpenter has unveiled a $73 million package of initiatives that he said was designed to transform dance, theatre, music and visual arts, as well as change the shape of Western Australia's cultural landscape.
Uranium West Pty Ltd, a wholly owned subsidiary of Perth-based Crescent Gold Ltd, has committed $16 million to a uranium exploration program in South Australia.
Perth-based gold exploration company Scotgold Resources Ltd has launched an initial public offer to raise up to $6 million ahead of its plans to list on the Australian Securities Exchange in 2008.
Ukrainian group Palmary Enterprises has secured control of diversified mining company Consolidated Minerals Ltd, announcing today that it has a relevant interest in 50.68 per cent of the ordinary shares of ConsMin.
The growth in the carbon offset and credit market could present significant opportunities for landholders and farmers in marginal and environmentally vulnerable areas looking for a viable alternative to grain crops.
Straits Resources Ltd non executive director Richard Ong Chui Chat has decreased his direct interest in the company through the on market sale of 1 million shares realising $6.5 million.
The Australian Small Scale Offerings Board has started to become a significant source of new capital for small Western Australian companies, with Live Technologies Ltd the latest to raise capital through this market.
The Sheraton Perth Hotel has unveiled 50 new hotel rooms as part of a yet-to-be completed $20 million renovation, the first major five-star development in Perth for a number of years.
The number of Western Australian companies listing on both the Australian Securities Exchange and the Toronto Stock Exchange has risen to 20, after West Perth-based gold producer Troy Resources NL lodged a preliminary prospectus in Canada.
Private equity might have faded as a force in the stock market, but there’s something bigger happening in the ‘private world’ – the rapid disappearance from public view, and publi
Nedlands-based ISS Group Ltd has signed a purchase agreement and subsequent four year maintenance and support contract with BHP Billiton Nickel West for the BabelFish suite of products.
The controversial High Court decision in Sons of Gwalia v Margaretic in 2007 should be overturned on the grounds that it will deal a harmful blow to Australian businesses and investment, according to a survey of corporate Australia.
Indonesian mining company PT Bumi Resources Tbk has announced plans to make a $455 million cash takeover offer for West Perth-based Herald Resources Ltd, which is seeking to develop a zinc/lead project in Sumatra.
Subiaco-based manganese explorer Spitfire Resources Ltd has made a steady debut on the Australian Securities Exchange after completing its successful $6 million initial public offer.
LogiCamms Ltd has made a stellar debut on the Australian Securities Exchange today, with shares trading as high as $2 or double their issue price upon opening.
HBOS subsidiary BankWest will launch a financial planning arm in March next year with plans to recruit more than 100 financial advisers over the next three years.
