Western Australian companies ranging from conglomerate Wesfarmers to juniors Ironbark Gold and AnaeCo have returned to the markets with a vengeance in a bid to tap fresh capital.
Gold miner Resolute Mining has raised a further $6 million through the placement of shares not taken up in the previous rights issue, as total gold production fell 10 per cent in the December quarter.
Shares in Anvil Mining have closed up 27 per cent after it reached a deal with the government of the Democratic Republic of Congo over its Dikulushi and Kinsevere mines.
Azure Capital managing director Michael Minosora has joined the executive team at Fortescue Metals Group as part of a reshuffle in a bid to sustain operations in the current economic climate.
Paladin Energy has exceeded production capacity at its Langer Heinrich uranium mine for a second consecutive quarter as it extends its takeover bid for Fusion Resources.
Newcrest Mining, Australia's biggest gold company, has delivered a drop in gold production during the second quarter and cut full year production forecasts for its Telfer mine in Western Australia.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
THE Industry Capability Network of WA has launched a new scheme to help Australian companies win supply contracts with major Asian oil and gas contractors.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
LUXURY fashion label Emporio Armani will soon join other high-end retailers at the new Wesley Quarter redevelopment, as the first of the centre’s retailers open their doors.
AUTOMOTIVE Technology Group is pushing ahead with an aggressive global growth strategy despite the economic downturn and a struggling automotive industry.
LUXURY fashion label Emporio Armani will soon join other high-end retailers at the new Wesley Quarter redevelopment, as the first of the centre’s retailers open their doors.
Malaga-based Automotive Technology Group has expanded its presence in China with the signing of another deal with one of the country's largest car manufacturers.
Resource explorer Centamin Egypt has entered into an agreement with a syndicate of underwriters to raise $73 million through a share placement, with funds to be applied to the development of the Sukari gold mine.
The closure of BHP Billiton's Ravensthorpe nickel operations will strip the state government of up to $20 million in mining royalties a year and is expected to cut the region's population by half.
A higher gold price has boosted Dominion Mining's quarterly revenue by 27 per cent despite a dip in production and higher cash costs at its Challenger mine in South Australia.
BHP Billiton has reported a rise in iron ore production for the first half of the 2009 financial year but said it had received requests from some iron ore customers for deferrals to shipments amid the weak economic environment.
Bentley-based mining services company TeamTech has been acquired by Vancouver-headquartered Gemcom Software International, which will complement the latter's mine performance division.
West Perth-based explorer Advance Energy has received a return on investment of over 100 per cent as it finalises the $3 million sale of its Lone Camp gas project in Texas.
Shares in nickel miner Albidon have slumped over 41 per cent as it posts "disappointing" production figures and suspends some development work at its Zambian mine.
Western Areas Exploration Pty Ltd has been ordered by the Full Court of the Court of Appeal to pay for the appeal costs for Terry Streeter, chairman of unrelated company Western Areas, and his colleague.
