Shares in nickel miner Sally Malay Mining Ltd closed up 7.3 per cent to $5.27 after the company announced a significant upgrade in reserves for its Lanfranchi joint venture project, south of Kambalda.
Confirming the suspicions of many in the industry, a pre-existing wine oversupply and a strong dollar put pressure on the profits of smaller wineries in 2005-06, according to a survey by Deloitte and the Winemakers' Federation of Australia
Hamilton Hill-based barramundi producer Cell Aquaculture Ltd has acquired the remaining 50 per cent stake in Cell Aquaculture Netherlands BV, buying out former European chief executive Harrie Rutgers.
West Perth-based Ausron Ltd, which plans to become a financial services technology provider under the name Rubik Financial Ltd, has completed a capital raising of $25 million, subject to shareholder approval.
West Perth-based mineral explorer EnviroGold Ltd has announced plans to raise $16 million through a placement to develop its 70 per cent owned Las Lagunas Gold Tailings Project in the Dominican Republic.
Perth-based biotechnology company Stirling Products Ltd has extended a technology development agreement with UK-based Merial Ltd until the end of March 2008, the company has announced.
Perth-based petroleum player Samson Oil and Gas Ltd has raised $3.4 million through a placement, with funds to be spent on exploration of its US oil and gas projects.
West Perth-based gold explorer Goldstar Resources NL will place 9.5 million shares to investors, raising $4.1 million to help it complete a feasibility study on its Eureka project.
Westralia Property Trust Ltd has unveiled a strategic shift into the rural sector, with plans to buy land from its 49-per-cent-shareholder Futuris Corporation Ltd as it exits its current tourism portfolio.
Subiaco-based Ironbark Gold Ltd has taken a 5.4 per cent stake in West Perth-based gold explorer Sabre Resources, through the purchase of 4 million shares in the company worth around $2 million.
Midvale-based scientific instrument manufacturer XRF Scientific Ltd has announced plans to raise over $1.1 million through the issue of 23.7 million shares at five cents each to shareholders on a one for three basis.
Balcatta-based Carnavale Resources Ltd will acquire two Brazilian iron ore tenements for around $4.5 million from Puma Metals Mineracao Ltda, the company has announced.
Shares in iron ore explorer Midwest Corporation Ltd have soared by more than 30 per cent after rival Murchison Metals Ltd made a takeover bid worth up to $986.3 million.
CCC says Burke and Grill did nothing illegal; Evans & Tate may have been insolvent before calling administrators; Howard and Brumby give Pratt support; Health Care attacks on Healthscope takeover plans for Symbion; Kintyre deposit in bidding war.
BIBRA Lake-based Reclaim Industries Ltd has been awarded a $567,500 grant to establish a tyre recycling and re-processing facility in Adelaide, which it says will be the first of its kind in South Aus
While exploration expenditure in Western Australia reaches new highs, exploration spending from WA junior to mid-cap explorers remains mixed between domestic, interstate and overseas projects.
Mining companies are urging the state government not to squander the current resources boom, as mineral exploration expenditure in WA hits a 20-year high.
A Perth company that has developed a revolutionary new method of extracting copper, nickel and other base metals from ore is pursuing a stock market listing through a reverse takeover of newly listed explorer Trajan Minerals Ltd.
ISS Group Ltd managing director Shane Atwell has increased his indirect interest in the company through the conversion of 6.2 million unlisted options valued at $1.5 million.
While the gold sector in Western Australia has long led the way in exploration spending, iron ore exploration expenditure has jumped significantly in recent years to be to almost level pegging.
The chairman of Applecross-based engineering services giant Monadelphous Group Ltd, John Rubino, has sold a quarter of his holding in the company for $15 million.
Shareholders in West Perth-based gold miner Artemis Resources Ltd have take up 96 per cent of the 50.8 million loyalty options it offered earlier this year, the company has announced.
Nedlands-based information and technology company ISS Group Ltd will provide its shareholders with a capital return of 6 cents per share, subject to the approval of the plan by shareholders at a general meeting to be held on or around 16 November 2007.
Bibra Lake-based mining services company Mineral Resources Ltd will construct ore crushing and beneficiation facilities worth $300 million for West Perth-based Precious Metals Australia at the company's Windimurra vanadium project.
West Perth-based Tap Oil Ltd has entered into a gas sales agreement with a Western Australian customer for over five years, which it expects will generate $135 million in revenue.
