The Western Australian Community Foundation has doubled its funds under management in the past few months, due to contributions from the state’s mining industry, bringing its total funding pool to $3 million.
WA Business News’ third annual State Economic Review comes during a continuing period of prosperity for Western Australia, courtesy to a large extent of China’s accelerating economic growth.
THE number of Western Australian companies to have listed or plan to list on the Toronto Stock Exchange has risen to 19 after West Perth-based Monarch Gold Mining Company Ltd said it would list early
Global economic growth, particularly from China, resulted in price rises for many mineral commodities and continued historical highs for others in 2007, a trend that will continue into 2008, according to ABARE.
West Perth-based Monarch Gold Mining Company Ltd has announced plans to list on the Toronto Stock Exchange by the first quarter of 2008, after listing on the Dubai International Financial Exchange earlier this year.
Perth-based gas explorer Po Valley Energy Ltd has signed a contract with Hydrodrilling International SpA to secure a drill rig for use on its gas fields in northern Italy starting in April 2008.
East Perth-based bauxite explorer Bauxite Resources Ltd has remained steady in its debut on the Australian Securities Exchange, closing up 0.5 cents after raising $7.5 million in its initial public offer.
Ric Stowe's private Griffin group is claiming success with its latest efforts to use its Collie collieries as a solution to the salinty issues plague the massive Wellington Dam.
Como-based construction company Forge Group Ltd subsidiaries Cimeco Pty Ltd and Webb Construction (West Africa) Ltd have been awarded $35 million in contracts for work on African mine sites, the company has announced.
West Perth-based Nkwe Platinum Ltd has signed a deal with Dyondisani Mining & Energy Pty Ltd and Bolotola Investment Holdings Pty Ltd to acquire a 100 per cent interest in the prospecting rights to two platinum group metal farms.
Investors in listed investment company LinQ Resources Fund have endorsed the strategy of the existing fund manager, with a majority rejecting proposals for change put forward by UK investor Carrousel Capital.
RMA Energy Ltd will allow an unnamed Chinese company to undertake independent evaluation of its Coane Range and McCauley Creek uranium and base metals tenements ahead of formal discussions, the Perth-based company has announced.
Rivervale-based gold explorer Greater Pacific Gold Ltd has acquired a further 20 per cent stake in private uranium and gold explorer Apogei Pty Ltd, and has been granted an option to acquire an additional 20 per cent of the company.
Prime Minister John Howard made pledges on climate change and Australian troops in Iraq in last night's debate, but most commentators picked Labor leader Kevin Rudd as the winner.
The Wyllie Group-backed private equity vehicle Viburnum Funds Pty Ltd has made its first acquisition, paying $17.5 million for Imdex Ltd subsidiary Surtron Technologies Pty Ltd.
Perth-based Mineral Sands Ltd can earn up to an 80 per cent stake in the western Victorian mineral sands interests held by Beaconsfield Gold NL under a farm-in agreement signed today.
West Perth-based oil and gas exploration company GB Energy Ltd subsidiary Crown Energy Sro has been granted a uranium exploration licence in the Slovak Republic by the nation's department of environment, the company has announced.
Perth-based precious metals explorer Dragon Mining NL has secured a molybdenum-copper exploration project in northern Finland after lodging 11 claim reservations encompassing 9,350 hectares, the company has announced.
West Perth-based gold explorer Barra Resources Ltd has finalised arrangements with stockbroker RM Capital to raise $7.5 million for work on its gold and metals projects.
The rise of the Australian dollar against the greenback and lower production output has forced mineral sands miner Iluka Resources Ltd to downgrade its profit forecast by about 20 per cent.
Murchison Metals Ltd says its $1 billion offer for Midwest Corporation Ltd represents good value and there is potential for a re-rating the combined group if it proceeds.
South Australian uranium company Toro Energy Ltd has declared its $275 million takeover offer for Perth-based Nova Energy Ltd unconditional after receiving acceptances to more than 81.4 per cent today.
A joint venture between Perth-based engineering company GRD Minproc and the Australian arm of USA-based URS Corporation has won the definitive feasibility study contract over West Perth-based Marengo Mining Ltd's Yandera Copper-Molybdenum project in PNG
A week after joining Standard & Poor's All Australian 200 index, East Perth-based Macmahon Holdings Ltd will join the S&P/ASX 200 after Multiplex Group is removed from its indices, following its takeover by Brookfield BidCo Pty Ltd.
Leederville-based gold explorer Golden West Resources Ltd has recommended its shareholders take no action on a takeover proposal by Osborne Park-based Fairstar Resources Ltd, saying the bid "materially undervalues" the company.
Australian wealth world's strongest; Briggs offload Westralian shares; Woolies blocked from buying Kmart; Bogolyubov reveals he will fund ConsMin takeover with spare cash; Investors demand overhaul of shareholder meeting voting system.
East Perth-based tin and nickel explorer Metals X Ltd, previously Bluestone Tin Ltd, will re-open its Renison project as a tin and copper producer, the company has announced.
