Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.
Perth-based Xstate Resources have dropped their target of gaining 100 per cent control of Bombora Energy in an amended heads of agreement that will see them acquire 75.9 per cent of the shares on issue.
Paul Cartwright has been appointed as managing director of Xstate Resources following the resignation of Gary Jeffery, who remains Xstate's largest shareholder.
