News Articles

Deals 09 Jun 2016

Online gaming floats sink

Perth entrepreneurs Tony Sage and Ranko Matic have both hit roadblocks on their path to turn their respective businesses into online gambling companies through reverse takeovers.

Deals 11 May 2016

Sage in lithium deal

Subiaco-based Paynes Find Gold is seeking to become a lithium miner through the reverse takeover and backdoor listing of a European mining company backed by local businessman Tony Sage.

Deals 11 Jan 2016

Cape Lambert to raise $4m

Tony Sage's Cape Lambert Resources has announced plans to undertake its first capital raising since its initial offer, which was completed when the company listed on the ASX 16 years ago.

Deals 30 Sep 2015

Velpic secures $3.9m for backdoor listing

A local exploration company led by Perth Glory owner Tony Sage is looking to join the wave of backdoor listings and become a gambling platforms provider, while technology company Velpic's reverse takeover of International Coal has reached another milestone.

Mining 14 Sep 2015

Poseidon mulls restarting Silver Swan

Poseidon Nickel says it is considering a potential restart of operations at its mothballed Silver Swan mine, after plans to sell the asset to Tony Sage's Caeneus Minerals for $2.7 million fell through.

Cultural Industries 07 Sep 2015

Fashion industry developing opportunities

SPECIAL REPORT: Perth's fashion sector is gradually making its mark by developing niche opportunities, despite growing international competition.

Cultural Industries 25 Jun 2015

New CEO for Perth Glory

Perth Glory has appointed Peter Filopoulos as its new chief executive, following Jason Brewer's resignation in April.

Financial Services 21 Apr 2015

Cape Lambert investments take a hit

Perth-based Cape Lambert Resources has told the market that its investments in Timis Mining and African Minerals have hit roadblocks.

Financial Services 15 Apr 2015

Stockbroker banned for five years

The corporate watchdog has banned stockbroker Anton Kerstens from providing financial services for five years, following an investigation that found he had manipulated the share price of Perth-based uranium explorer Cauldron Energy.

Cultural Industries 10 Apr 2015

UPDATE: Glory denies salary cap breach

UPDATE: Perth Glory denies it has breached the salary cap and is considering its legal options, after it was banned from this year's A-League finals series over allegations it overpaid its players for the past three years.

Mining 07 Jan 2015

Cape Lambert to cut staff, costs

Perth-based mining developer Cape Lambert Resources has announced it is cutting 117 jobs and postponing a planned dividend payment, in response to the sharp downturn in the iron ore market.

Deals 22 Oct 2014

Cape Lambert to loan Timis $US20m

Cape Lambert Resources says it will provide $US20 million through a financing agreement to Timis Mining Corporation to help fund its acquisition of the collapsed London Mining's Marampa mine assets.

Mining 01 Aug 2014

Cape Lambert settles tax dispute

Cape Lambert has reached a settlement with the Australian Tax Office regarding its $96 million tax dispute, agreeing to make a final net payment of $2.4 million.

Deals 10 Jun 2014

Cauldron, Greenland raise capital

Perth-based company Cauldron Energy has secured $11 million in funding through share placement agreements with Chinese investors.

02 Apr 2014

Allia exits nib Stadium management deal

Nick Tana's Allia Venue Management has bailed out of its contract to manage the home of the Western Force and Perth Glory, nib Stadium.

Mining 17 Feb 2014

Cauldron urges minister to let it explore Minderoo

The Tony Sage-chaired Cauldron Energy is lobbying the state government to ignore the advice of the mining warden and allow the company to explore for uranium at pastoral leases on Andrew Forrest's

Deals 31 Oct 2013

Glory shares soar on $30m takeover offer

Shares in West Leederville-based Glory Resources have soared on the back of the gold explorer receiving a $30.5 million friendly takeover offer from Canadian miner Eldorado Gold.

Mining 15 Oct 2013

Range $105m takeover bid in doubt

Range Resources says it may no longer proceed with a planned $105 million takeover of International Petroleum in the wake of the oil and gas explorer selling its assets in Russia and Kazakhstan.

Appointments 16 May 2013

International Goldfields board restructure

International Goldfields non-executive chairman Tony Sage and non-executive director Bernard Aylward have resigned from the board, following the recent divestment of the company's West African asse

Video 06 May 2013

Daily Wrap Video - 06/05/13

Appointments 06 May 2013

Tony Sage steps off three boards

Prominent Perth business identity Tony Sage has continued to scale back his commitments, today announcing his resignation from oil and gas explorers African Petroleum and International Petroleum, f

Mining 19 Apr 2013

Cape Lambert strikes new Leichhardt sale

Tony Sage's Cape Lambert Resources has lined up a new agreement to sell its Leichhardt copper project in Queensland for $14.75 million, after the original $25 million proposal fell over.

Government 01 Feb 2013

WA Libs win big donations

The state Liberal party has been the main beneficiary of donations from Western Australian business over the past year, new campaign finance data reveals.

Deals 04 Jul 2012

Baulked Beijing and overexuberance may have drained finance sector’s momentum

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

Appointments 02 Jul 2012

Cape Lambert takes stake in Global Strategic Metals

Tony Sage's Cape Lambert Resources has become lithium miner Global Strategic Metals' cornerstone investor, subscribing for a 19.8 per cent interest in the Perth-based exploration company.

Deals 11 May 2012

Cape Lambert to sell Leichhardt for $25m

Cape Lambert Resources says it has reached agreement to sell its Leichhardt copper project in Queensland for $25 million, less than two years after purchasing it for $7.75 million.

Mining 10 Feb 2011

Latin Resources announces $20m expansion

Shares in Perth-based mineral sands hopeful Latin Resources have jumped after it announced a major expansion of its Guadalupito iron and mineral sands project in Peru.

Special Reports 02 Dec 2010

Chairmen’s pay up as roles broaden

HE role of chairman at Australian public companies has traditionally been reserved for experienced industry professionals tired of working in an executive capacity and who are keen to bring an independent viewpoint to the company boardroom.

05 Nov 2010

Cape Lambert offloads DMC to Stirling

Tony Sage-led Cape Lambert Resources has struck an $83 million deal to sell subsidiary DMC Mining in a cash and scrip and production royalty agreement.

01 Oct 2010

Cape Lambert posts $72.2m 2010 profit

Tony Sage-led Cape Lambert Resources has recorded a $72.2 million net profit after tax for the 2010 financial year, largely as a result of the sale of the Lady Annie Copper Project in Queensland.

Financial Services 08 Apr 2010

International Petroleum flags NSX float

International Petroleum has today unveiled plans to list on the National Stock Exchange, days after the Australian Securities Exchange blocked a deal with links to controversial businessman Frank Timis.

Mining 15 Feb 2010

Sage eyeing Griffin Coal

Tony Sage is reportedly running the ruler over Griffin Coal, with the Perth businessman eyeing the collapsed company's debt.

Special Reports 11 Feb 2010

Clubs to hit the ground running in 2010

WA's major sporting franchises remain bullish about the year ahead after mixed performances in 2009.

06 Jul 2009

Cape Lambert makes bid for Corvette

Cape Lambert Iron Ore has flagged its intention to launch an all-scrip takeover offer for Perth-based Corvette Resources after its acquired a major stake from CopperCo.

Mining 30 Apr 2008

Cape Lambert 's Tony Sage ups stake to 6.4pc

Tony Sage, a director of Australian iron ore exploration and development company Cape Lambert Iron Ore Limited, has increased his stake in the company to 6.4 per cent following a conversion of nine million options.

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