Banks predict three interest rates rises until may; Cost of shipping bulk commodities hits all time high; ANZ set aside $1b for Asian investments; Visy CEO claimed full responsability for illegal price-fixing; Jones says he still has shareholders' support
South Perth-based Northern Mining Ltd will raise $2.2 million through a non-renounceable rights issue to raise funds for exploration and drilling programs, the company has announced.
Gindalbie Metals Ltd and Midwest Corporation Ltd could be the losers from a state government review of the Mid West, which has endorsed the big iron ore projects planned for the region but put a question mark over several others.
West Perth-based takeover target Consolidated Minerals Ltd has reported a shortfall in manganese production of 40,000 tonnes during the September quarter, in its quarterly activities report released today.
Western Australian metals explorers Buxton Resources Ltd, of West Perth, and Nedlands-based GBM Resources Ltd traded steady after their debuts on the Australian Securities Exchange.
New nickel projects will inject a further 275,000 tonnes of the metal into global markets by 2013 - but supply-demand dynamics are expected to remain tight, Delta Securities' research analyst Carey Smith told the 2007 Paydirt Australian Nickel Conference
Perth-based financial services provider Cygnet Capital has been named the 54th fastest growing company in the annual BRW Fast 100, the company has announced.
The recently-retired managing director of iron ore hopeful Grange Resources Ltd, Geoff Wedlock, has been appointed to the board of Sundance Resources Ltd as a non-executive director, the company has announced.
Perth-based neurology research company NeuroDiscovery Ltd has invited Queensland-based TetraQ Pty Ltd to market the safety pharmacology services of subsidiary NeuroSolutions Ltd in Australasia, the company has announced.
West Perth-based tungsten-molybdenum miner Thor Mining Plc has signed a native title mining agreement for its Molyhil project in the Northern Territory with the Eastern Arrernte people, the company has announced.
A major artwork which gained international recognition after being installed on a white, salt surface in the Goldfields has been gifted to the people of Western Australia by British sculptor Antony Gormley.
Perth-based oil and gas explorer Strike Oil Ltd has issued 16.9 million shares to shareholders through an entitlements issue, alloting the shortfall of the $10 million capital raising.
Subiaco-based Global Nickel Investments Ltd will acquire a 75 per cent stake in a New Zealand platinum and nickel project for $65,000 and the issue of 2 million shares, the company has announced.
Waste management company Transpacific Industries Ltd has agreed to acquire a 15 per cent shareholding in metals recycling company CMA Corporation Ltd, which has extensve Western Australian operations, for around $25 million.
Iron ore developers Gindalbie Resources Ltd and Sundance Resources Ltd confirmed today they would not be proceeding with their planned $2.4 billion merger after shareholders and institutions rejected the concept.
Takeover target Consolidated Minerals Ltd has asked the Australian Securities and Investments Commission to help it uncover the ultimate beneficial owner of 17.7 per cent of its shares, registed in the name of ANZ Nominees Ltd.
Gindalbie and Sundance tipped to drop share swap merger; BHP might switch hundreds of more jobs to Perth; ConsMin on trail of mystery investor; pre-election rate-rise imminent; Chaney calls for teachers pay rise.
Takeover target Consolidated Minerals Ltd has asked the Australian Securities and Investments Commission to help it uncover the ultimate beneficial owner of 17.7 per cent of its shares, registered in the name of ANZ Nominees Ltd.
NSW-based McWilliam's Wines Pty Ltd has emerged as the successful bidder for collapsed Margaret River winery Evans & Tate following a seven week tender process sparking interest from operators including Foster's Group Ltd and De Bortoli Wines Pty Ltd.
A State Government strategy for sustainable development in the Mid West has committed to the creation of Class A nature reserves over the Helena-Aurora Range, Die Hardy Range and Mt Manning Range.
Office vacancy rates in the CBD are continuing to tighten with new figures showing the vacancy rate has fallen to a record low of 0.53 per cent at the end of September, down from 0.7 per cent in July.
South Perth-based gold and nickel explorer Mindax Ltd has announced plans to raise $2.4 million through a non-renounceable entitlements issue to fund planned exploration programs on its uranium, gold, copper and iron ore projects in Western Australia.
Western Australians are being asked to put their clocks forward one hour before going to bed on Saturday, with the second period of daylight saving will commence this weekend.
West Perth-based Westralia Property Trust Ltd has announced a distribution to unitholders of 9.7 cents per unit for the 2006-07 financial year, as it prepares for a strategic shift into the rural sector.
Nedlands-based Dioro Exploration NL has announced the terms of its planned capital raising, with plans to distribute 31.2 million subscription receiprt to investors at a price of C$1.60 each, to raise up to C$50 million, the company has announced.
Shares in Burswood-based gold and nickel explorer Tectonic Resources NL have risen 16 per cent after raising around $3 million through scrip issues to Melbourne-based Lion Selection Ltd and West Perth-based Jabiru Metals Ltd.
West Perth-based Halcyon Group Ltd has awarded the nickel extraction scoping study contract for its Canegrass nickel project in the Eastern Goldfields to Perth-based engineering company BatteryLimits Pty Ltd, the company has announced.
London Court and the Criterion Hotel will be among the 32 places to share in this year's Heritage Council grants program, allocating $1 million, Heritage Minister Michelle Roberts has announced.
International Passenger numbers at Perth Airport were up 22 per cent in the first quarter of the 2007-08 financial year, a jump widely attributed to a strong state economy and increased seat capacity on new airlines.
ARC Energy Ltd has negotiated deals to buy oil producer Anzon Australia Ltd and its UK parent company Anzon Energy Ltd, creating a merged group with a market value of about $1.1 billion.
Takeover target Midwest Corporation Ltd has claimed that its suitor, fellow iron ore miner Murchison Metals Ltd, has failed to provide sufficient infomation in the bidders statement, as it urged shareholdfers to take no action on Murchison's offer.
