Perth finance house Euroz has reported a first-half loss as a result of weak conditions in its core stockbroking business and write-downs in the value of its listed investment companies.
Shareholders of Africa-focused Papillon Resources voted almost unanimously in favour of a $615 million takeover by Canadian-based B2Gold at a scheme meeting held this morning.
Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.
Perth-based Papillon Resources has agreed to amend the terms of its merger agreement with B2Gold to provide a new incentive for some of its shareholders.
Perth company director Ian Middlemas has presided over another lucrative takeover deal, after the board of Africa-focused Papillon Resources agreed to a $615 million all-scrip takeover by Canadian major B2Gold.
West African gold developer Papillon Resources has commenced early site clearing at of the plant site and mine services area at its flagship Fekola project.
Former trucking boss Craig Mitchell has enlisted the help of prominent company directors and advisory firm Azure Capital to build a fast-growing network of quality service roadhouses across Western Australia.
Papillon Resources has commenced a definitive feasibility study for its Fekola gold project in Mali, appointing Perth-based contractor Lycopodium as lead engineer for the study.
Subiaco-based Paringa Resources has tasked a new leadership team with guiding the company, with founding directors David Griffiths and David Chapman stepping down from their respective roles as chairman and managing director.
West Africa-focused Papillon Resources has successfully raised $52.9 million through an institutional placement, with proceeds to fast track the development of its Fekola gold project.
One of the state's busiest directors, Ian Middlemas, is seeking to take a big stake in Aviva Corporation and become its chair in a proposal that appears to have been rejected by the listed company'
THREE years ago, Xenolith Resources was bumping along the bottom of the performance tables, with shares rarely worth more than a few cents even before the chaos of the GFC.
Mali-focused gold explorer Papillon Resources has added resources industry stalwart Ian Middlemas to its board of directors as company chairman, while at the same time announcing a $4.75 million capital raising.