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