ARC Energy is standing by its plan to pursue a $1.1 billion merger with Anzon Australia Ltd despite attempts by one of its biggest shareholders, Clive Palmer's Mineralogy Pty Ltd, to oust the current board and scrap the merger.
West Perth-based gold and base metals explorer Shield Mining Ltd will not exercise an option to earn in on projects in Madagascar held by Canada-based Majescor Resources Inc, the company has announced.
Ukrainian billionaire Bogolyubov business partner Kolomoisky is behind a big stake in ConsMin bid; New valuation on Coles lifts Wefarmers' hopes; BHP calls for new trading system for iron ore; Nolin quits Gage Roads; Como pub put on the market.
Their stores occupy some of the most exclusive real estate in the world, but with retail spending at an all-time high in Western Australia, luxury brands such as Versace, Tiffany & Co, Chanel and La Perla are suddenly taking notice of Perth.
Followers of the nickel sector are expecting further takeover activity after Swiss group Xstrata stunned the market with a $3.1 billion bid for Perth-based Jubilee Mines NL.
Minara Resources Ltd main substantial holder Glencore International AG has lifted its stake in the nickel producer from 50.8 to 52.2 per cent through on market acquisitions of 5 million shares worth $
Another long-established mining services player is taking the leap on to the Australian stock market, with Southern Cross Electrical Engineering Ltd embarking on a $58.8 million capital raising next week.
Raising money for a new business venture or product development can be a challenge, but East Perth-based software developer Firmware Technologies took a different approach to raising the $3 million it needed to develop and commercialise its new product.
With housing affordability squarely on the national agenda in the lead up to the federal election, one of Western Australia’s most prolific residential developers, Nigel Satterley
Biotechnology companies in Western Australia have posted checkered results of late, but Subiaco-based bio-pharmaceutical company Phylogica Ltd has defied the trend through its business model, according to co-founder Paul Watt.
WESFARMERS Ltd and the UWA Perth International Arts Festival have won the top prize for a business arts partnership at the national Australia Business Arts Foundation Awards, held in Sydney this week.
Mezzanine debt markets may be considered an unusual playground for a Perth-based start-up, but when you have the expertise and you want to live in Western Australia, innovation is required.
West Perth-based minerals explorer Range Resources Ltd has raised 4 million pounds through a placement of 18 million shares at 22 pence each on the London Stock Exchange's Alternative Investment Market.
Subiaco-based Natural Fuel Ltd lost its chairman, former Liberal leader John Hewson, and two directors today, less than one week after releasing an annual report showing a net loss of $47.8 million.
West Perth-based Nare Diamonds Ltd and Continental Goldfields Ltd have received shareholder approval to change their names, the companies announced today.
The mystery holder of 17.7 per cent of West Perth-based takeover target Consolidated Minerals Ltd has been tracked to Cyprus, via Ukraine and the Czech Republic, the company has announced.
Subiaco-based manganese explorer Spitfire Resources Ltd will today open its initial public offer, aiming to raise $4 million for exploration and working capital.
Xstrata meets with WA government to discuss its $3.1b Jubilee takeover; Harold Clough quits Clough board after family sell down; Coventry rose by 3pcts yesterday; WA Department of Agriculture quits involvement in wheat breeding; Myer staff wins pay rise.
Specialist mining and energy software developer ISS Group Ltd has disclosed that its European office has concluded a purchase agreement with BG International, formerly British Gas.
Automotive parts supplier Allomak Ltd has made its second Western Australian acquisition, agreeing to buy Alanco Australia Pty Ltd for an undisclosed sum.
Mine developer Precious Metals Australia Ltd has negotiated a new gas supply agreement for its Windimurra vanadium project with Santos Ltd, two months after Santos cancelled their original $35 million agreement.
West Perth-based oil explorer Otto Energy Ltd has struck a deal to acquire an 18 per cent interest in a Philippines oil field that is set to enter production in April next year.
Specialist engineering company Neptune Marine Services Ltd has continued its rapid expansion by announcing plans to acquire Aberdeen-based Ross Deeptech Initiatives Ltd for $25 million in cash.
Two weeks after listing on the Australian Securities Exchange, Empired Ltd has acquired fellow Western Australian IT services company Quadrant Group for more than $1.7 million in cash plus 300,000 share options.
ANZ raising equity in Hong Kong and Singapore; ASA slams calls on AGM; Big drilling program planned after Spitfire $4m float; Macquarie leading $7-billion takeover of US Puget Energy; Labor raises climates stakes as Kyoto row heats up.
This week, as Prime Minister John Howard incurred the wrath of dog-walkers and Opposition Leader Kevin Rudd was ticked off by angry choristers, the economy remained the number one issue as the consumer price index was released.
Coogee Chemicals chairman Gordon Martin has backed a recapitalisation of Fremantle-based Frankland River Olive Company Ltd, which is aiming to raise a total of $5.9 million through a placement and rights issue.
South Perth-based energy company Aviva Corporation Ltd will incorporate emissions technology for carbon capture, desulfurisation and air cooling in its Coolimba Power project, south of Eneabba.
