The falling price of iron ore is putting substantial pressure on local miners, particularly small and mid-sized players, but the price of the bulk commodity is still well above levels achieved just more than a decade ago.
In theory, and it is a theory backed by some high-powered research, shares in Australian oil and gas companies such as Woodside Petroleum and Santos have much further to fall, a fact which prompts a question: why haven't they already fallen further?
Vocus Communications has been successful in its bid to take over Amcom Telecommunications with the pair agreeing to a deal valuing Amcom at $652.7 million.
Perth-based Altona Mining announced the completion of its $US95 million Finnish assets sale to Swedish miner Boliden Mineral AB and has received $US89.2 million in cash as the first tranche of payment.
Retail investors in Western Australia love their Wesfarmers and Woodside shares. Professional investors are not so sure, and neither is the governor of the Reserve Bank of Australia, Glenn Stevens.
Perth-based Altona Mining has agreed to sell all of its Finnish operations and most of its exploration assets to Swedish miner Boliden Mineral AB for about $US95 million.
National healthcare group Healthscope has lodged its prospectus ahead of a float worth up to $2.5 billion, the biggest initial public offering in Australia in 2014.
The directors of US-focused Aurora Oil & Gas have recommended that shareholders accept a $1.84 billion takeover offer from Canadian oil company Baytex Energy.
Fortescue Metals Group announced that lead arrangers Credit Suisse and JP Morgan have successfully completed an amendment and repricing process for its senior secured debt facility.
Straits Resources says it will close its Perth office and relocate to Brisbane by the end of the month as it undertakes a significant downsizing and corporate restructuring.
SOUTH Africa's RMB Resources is not a new player in the Australian market, but it's the kind of financier that is likely to become more prominent as local companies seek alternative funding solutio
IT might not be the busiest of times in Western Australia's corporate advisory scene, but that has not stopped positive moves by several firms – albeit without much fanfare – that have included the
WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f
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.
Credit Suisse First Boston Holdings Australia Ltd dereased its relevant interest from 29,946,950 ordinary shares (6.92%) to 23,006,984 ordinary shares (5.32%)
Dragon Mining NL 21-Sep-05 Credit Suisse First Boston (Australia) Holdings Ltd increased its relevant interest from ordinary 26,052,384 shares (6.14%) to 31,134,510 ordinary shares (7.33%).
Dragon Mining NL 19-Aug-05 Credit Suise First Boston (Australia) Holdings Ltd became a substantial shareholder with a relevant interest of 21,419,321 ordinary shares (5.05%).
