A SPATE of mergers in the property valuations sector could be a sign of things to come, as the downturn in the property market forces greater consolidation within the sector.
Mount Magnet South non-executive director Fred McMurray has been issued with 4 million convertible notes at a total cost of $200,000, with each note holding a conversion price of five cents each.
LAST year, in a deal which was value destroying for the shareholders of base metal miner Oxiana Limited, that company merged with Zinifex Ltd to become Oz Minerals.
Port Hedland consortium named THE state government has selected a consortium comprising Satterley Property, Leighton Contractors and Ngarda Civil and Mining as the preferred proponent to investigate t
THE number of housing finance commitments in Western Australia rose 5 per cent for the month of October, seasonally adjusted, compared to the previous month, but remains almost 20 per cent down on the
Four years after winning a boardroom stoush, St Barbara chief executive and managing director Eduard Eshuys has tendered his resignation with former Newcrest Mining executive Tim Lehany to take over.
The state opposition is calling on the government to release the royalties for regions formula after some of the needier regions, such as Halls Creek, were allocated less money.
The Australian stock market closed slightly higher today but investors ignored a big lead from United States markets, instead taking an axe to some major banks.
Commonwealth Bank of Australia had terminated a share placement agreement with Merrill Lynch following confusion over its $2 billion capital raising launched last night.
Amid a backdrop of falling base metal prices, Northbridge-based Impact Minerals says it will focus on its Nowthunna uranium joint venture in Western Australia following the state government's decision to lift the uranium mining ban.
Shares in Mount Gibson Iron have jumped 40 per cent on the government's approval for two Chinese companies to subscribe and underwrite a $162.5 million capital raising.
The state government will ask the private sector to submit proposals for the expansion of Exmouth Boat Habour, which is increasingly catering for super-yachts and ideally placed to service the oil and gas industry.
Redbank Mines has listened to the advice of its largest shareholder, Michael Kiernan, with the spinout of its Fiji project into a separate, dedicated gold vehicle.
Subiaco-based Rox Resources has entered into an agreement with a Chinese minerals company for the majority sale of its Myrtle zinc-lead project for $12.5 million cash.
Banks agree to extend Centro's $5bn debt; CBA seeks $2bn in late dash for cash; Industry revolt on green plan; Telstra hit again; Burrup counts the cost as gas supply comes back on stream
US stocks soared on Tuesday as investors cheered the Federal Reserve decision to cut its key rate to near zero and its pledge of more steps to revive economic activity.
The Department of Treasury and Finance is set to take on more responsibilities as the Department of Housing and Works joins the list of government agencies to be split.
Cape Lambert Iron Ore says any discussion to acquire more assets remain confidentional and incomplete as reports reveal the company has been in talks over OZ Minerals and CopperCo's assets.
Brisbane-based Intrepid Mines is set to benefit from a full exposure to the gold price as it closes its hedge book for its Paulsens gold mine in Western Australia.
Subiaco-based Red Emperor Resources plans to raise $25 million early next year as it enters into an agreement to acquire a majority stake in a Russian project for nearly $14 million.
The state government will inject an extra $400 million over the next four years into the royalties for regions scheme as the policy that tipped Premier Colin Barnett into power is officially launched today.
Western Australian borrowers are going back to basics when choosing a loan to finance property, with basic variable loans surging 2 percentage points to 36 per cent and variable loans representing 80 per cent of all loan approvals.
Fortescue Metals Group says it is reviewing the legal status of its shipping contracts as it reveals today that disputes have arisen from a decision to suspend two-thirds of its long-term ship charter contracts.
Gas giants win millions in carbon scheme compo; Telstra barred from broadband; Investors on edge as Centro talks drag on; Mine exports slashed by $30bn; Property slump is building
