Perth-based uranium exploration company Fission Energy Ltd has signed a sale and purchase agreement to acquire 100% of the issued capital of Meteore Metals Ltd, for $8 million.
Darrel Jarvis's Chinese-backed buyout of the operations of failed Palandri Wine Group has won the approval of the administrators in a complex deal thought to be worth at least $30 million.
Subiaco-based Batavia Mining Ltd has signed a Letter of Intent to sell its Gullewa tenements, located east of Geraldton in the Yilgarn Goldfields, to Toronto Stock Exchange listed company, ATW Venture Corporation.
Subiaco based Midas Resources Ltd aims to raise $3 million through a renounceable rights issue to continue the company's active exploration programs and for working capital.
Opes Prime administrators probes Merrill mistake; BHP and Rio go in hard on spot prices; Crean may open doors to Chinese money; Goyder poised to unveil debt rejig; Fong forced to postpone listing of metals explorer
Balcatta-based ticketing company ERG Ltd plans to sell half of its business to its major shareholder and lender after reporting a $104.7 million loss for the half year to December 2007.
A total of $21 million will be spent on a broadband development project to facilitate health and emergency services for people living in remote and regional areas of Australia as part of a state and federal government joint initiative.
The directors of West Perth-based Universal Resources Ltd have approved the development of the company's Roseby Copper project, subject to successfully raising around $230 million and gaining governmental approval.
Perth-based diversified resources company RMA Energy Ltd has taken one step closer to finalising negotiations for the joint venture development of two Queensland based assets with Bounty Resources International Ltd and China Rail Engineering Corporation.
West Perth-based biodiesel company Australian Renewable Fuels Ltd has concluded a purchase term sheet for the supply of biodiesel to a Western Australian resource company.
West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.
Wesfarmers weighs huge equity raising; NAB facing $600m bill after tax case; Opes probe turns up heat on ANZ; Rio shares up 4% as higher BHP bid tipped; Salting case families lose move on Xstrata
East Perth-based Redstone Resources Ltd has secures an access agreement over significant Iron-Oxide- Copper-Gold (IOCG) prospective exploration area at the Baggaley Hills, in the West Musgrave Region, in Western Australia.
The University of Western Australia has lost a Federal Court battle over the ownership of intellectual property held by its former employee Dr Bruce Gray and the company he founded, Sirtex Medical Ltd.
Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.
Subiaco-based oil and gas exploration company Sun Resources NL has received record revenues from its US operations during March 2008, providing over A$200,000 of net operating revenue for the month.
Kalgoorlie-Boulder Resources Ltd could start producing gold from its Norseman gold project in 2010 following positive scoping study results that have pegged capital costs at $75 million.
West Leederville-based Whinnen Resources Ltd has entered into a conditional agreement to acquire an 85% interest in Fongo Tongo Bauxite Project in Republic of Cameroon, West Africa.
Subiaco based uranium exploration company Epsilon Energy has entered into a joint venture agreement with Southern Uranium to explore the Pandanus West tenement in North Queensland.
Pilbara nickel explorer and producer, Fox Resources Ltd today announced that China's largest nickel producer, Jinchuan Group Limited, has successfully concluded a strategic agreement to take an equity stake in the company.
Wesfarmers Ltd shares remained in trading halt today after it confirmed it was considering an equity raising - expected to be a rights issue - to refinance $4 billion in bridging finance used to fund its $20 billion takeover of the Coles last year.
Shares in West Perth-based resources company Straits Resources Ltd have jumped more than six per cent after the company unveiled a plan to restructure the business and demerge from its coal-focused Asian subsidiary.
Rio surges on London talk BHP ready to sweeten offer; Beijing takes over BHP raid plans; Wesfarmers mulls multi-billion dollar raising; Paladin pair lynched as Merrill sells off shares; Inside the Stokes bunker: cashed up and set to pounce
With less than a week before the culmination of the boardroom battle at WA Newspapers Holdings Ltd, both sides remained in full battle mode ahead of Wednesday’s extraordinary shareholder meeting.
Construction magnate Len Buckeridge has vowed to fight the state government over control of a vital piece of land needed for an access road as part of Bunbury Port’s major restructure plans.
Overcoming negative perceptions has proved a major hurdle for Mullaloo-based Utopian Resources, distributor of the EcoSuper X range of environmentally friendly cleaner/degreasers.
Readers with long memories may recall that one of Bob Hawke’s major initiatives upon being elected prime minister in 1983 was to convene a national economic summit.