Acceptances for Cooper Energy Ltd's takeover offer for Incremental Petroleum Ltd have jumped nearly 10 per cent, after the takeover target formally rejected the offer earlier this week.
Takeover target Perilya Ltd said it is open to CBH Resources Ltd's bid for the company, but advises a merger at a time of market volatility could expose shareholders to additional risks.
Pilbara on brink of industrial war; Barnett ponders power synergy; $6bn Western Power upgrade in doubt; States file 'weak' $235bn project wish-list; HBOS loses $1.1bn on BankWest as Commonwealth takes cake
Perth-based Incremental Petroleum Ltd today dismissed suggestions by Cooper Energy Ltd that it has insufficient cash to fund its growth strategy as "scare mongering".
Perth-based Resolute Mining Ltd has unveiled an ambitious $51 million capital raising with funds to go towards the continued re-development of its African gold project which is expected to begin production this month.
Some good and bad news for home buyers with one research firm saying the property cycle looks to have bottomed out while a survey from another says trading conditions are likely to deteriorate over the next six months.
The owner of the Dampier to Bunbury natural gas pipeline anticipates construction work as part of the next stage of its $700 million expansion plans, will begin early next year.
Cape Lambert Iron Ore Ltd has offered a board position to disgruntled shareholder Power United as the dispute, which involved court injunctions, is settled.
State opposition leader Eric Ripper says the state runs the risk of higher electricity prices if Premier Colin Barnett pushes ahead with the re-amalgamation of Verve Energy and Synergy.
West Perth-based Royal Resources Ltd will sell its Pilbara iron ore project to its neighbour Giralia Resources Ltd for $3.2 million in cash and shares.
Perth-based agricultural investment manager Great Southern Ltd has unveiled its revised restructure plans after a falling share price forced it to go back to the drawing board.
Commerce Minister Troy Buswell said the new government would not stand in the way of the City of Bunbury's application to open Sunday trading to all general retailers from early next year.
A one-off expense associated with the takeover of Western Australia-based Home Building Society has slightly dented Bank of Queensland's net profit, which slipped 2 per cent for the 2008 fiscal year.
South-Perth based Cooper Energy Ltd chairman Laurie Shervington today said KPMG's valuation of its hostile takeover target Incremental Petroleum Ltd was out with the fairies.
The global financial turmoil appears to have hit the once impervious iron ore market after Mount Gibson Iron Ltd said some of its customers wanted shipments delayed, but other producers remain positive about the outlook.
WA facing power price surge; Pilbara strike will worry Japan: Barnett; Incremental gets super-confident report; Alcoa profit shortfall spurs run on Alumina; Santos scores top dollar in Moly gas deal
Western Australia remains the powerhouse of the nation and shows few signs of slowing despite the international economy continuing to feel the impact global financial crisis, the Chamber of Commerce and Industry of WA said today.
INDUSTRY groups in Western Australia have welcomed an Auditor General's report critical of the government's approvals process, saying the issues raised highlight an urgent need for change.
THE outlook for the skills shortage in Western Australia is not looking good, with more than 8,000 people permanently leaving the state during the 2008 financial year.
WHAT impact does a mission statement for your business/organisation have on the performance of your people? Does it make them get out of bed any quicker on Monday mornings?
A TIGHTENING credit market provided the perfect opportunity for UK-based debtor finance specialist Bibby Financial Services to enter the Western Australian market, opening a Perth office this week.
A WESTERN Australian equipment designer is looking to stake a claim in the lucrative global energy market, taking on the world leaders in energy efficiency technology.
CREDITORS will be hoping for higher returns from the collapsed Palandri Wine Group as the company is placed into liquidation and the probe into some of the group's transactions continues.
THE sub-prime mortgage crisis could adversely affect some of the state's more conservative not-for-profit organisations, with a number having invested in complex financial securities called collateralised debt obligations.
WHEN issuers of high-yield securities backed by sub-prime mortgages went on the sales offensive to investors in Western Australia in mid-2007, they pursued the three Cs - councils, churches and charities.
