West Perth-based explorer Avanco Resources has raised $23 million through a share placement as it works towards development of its Antas and Pedra Branca copper projects in Brazil.
Automotive Holdings Group has announced plans to purchase a refrigerated logistics business and an automotive dealership group at a combined cost of $184 million.
Perth-based explorer Gold Road Resources has raised $10 million through a share placement to institutional investors as it looks to undertake further drilling at its Gruyere prospect east of Laverton.
Perth-based gold companies Perseus Mining and Kingsrose Mining have strengthened their balance sheets after completing share placements worth a combined $40 million.
Gina Rinehart's Hancock Prospecting is set to boost its stake in oil and gas explorer Sun Resources, agreeing to invest a further $2 million in the company in exchange for around 65 million shares.
West Perth-based junior Avanco Resources has completed an $18.1 million share placement as it looks to fast-track development of its Pedra Branca copper project in Brazil.
West Perth-based gold miner Middle Island Resources has raised $5 million towards its proposed acquisition of the Samira Hill gold mine in West Africa through a share placement.
West Africa-focused gold hopeful Middle Island Resources has launched a $5 million share placement, satisfying one of the conditions of its acquisition of the Samira Hill gold mine and boosting wor
A pair of Mineral Resources subsidiaries have made progress on two fronts, one winning a processing plant contract worth an estimated $450 million at Rio Tinto's Nammuldi iron ore mine, while anoth
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
WA-based Hot Chili has completed a private placement, raising $22.3 million for its Productora copper-gold project in Chile, which has extensive drilling and scoping studies already in place.
Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.
STOCKBROKING is widely perceived to be a lucrative trade, and that is certainly true for the smarter operators, but what is even more interesting is the highly varied performance of major broking firms in Perth.
Sandfire Resources has completed the retail component of its $103 million equity raising announced in November, with a total of $37 million raised from participating and eligible retail shareholders.
Property developer Finbar Group has announced plans to raise $45.6 million via a placement and share purchase plan to step up development activity on its Karratha project and continue to bolster its Perth project pipeline.
Gold Road Resources has completed a $9 million share placement to professional and sophisticated investors, which will be used to fund exploration and evaluation of its Yamarna project east of Laverton.
More than 50 former clients of Bell Potter Securities, including some from Perth, have launched a class action against the stockbroking firm alleging it engaged in wrongful conduct by encouraging them to invest in Progen Phamaceuticals.
