Resources companies should pay more attention to the detail and consequences of Mineral Sharing Arrangements to protect their long-term interests, a Perth lawyer warned today.
Three Western Australian mineral explorers have announced placements and underwriting of offers worth a total of $4.5 million today, giving further credence to ongoing market optimism in the sector.
Subiaco-based Moly Mines is planning to raise $18.4 million through an initial public offering on the Toronto Stcok Exchange to support development of its $622 million Spinifiex Ridge molybdenum project.
Any flexibility in the schedules of Fortescue Metals Group's Pilbara iron ore projects is gone after a delays in securing statutory approvals caused a six-week delay.
The State Government enjoyed an operating surplus of $360 million in the month of July this year, according to the first monthly report of General Government Finances released today, up $132 million from last year.
Leederville-based International Goldfields Ltd has announced plans to raise $3 million through a placement to European investors, coming after the company raised $5 million in its May ASX float.
Listed litigation funder IMF (Australia) Ltd is to investigate and fund litigation against Colliers Jardine Consultancy & Valuation Pty Ltd over the valuation and promotion of the project located at the site of the former Shenton Park Hotel.
Some investors in disgraced finance broking firm Graeme Grubb Finance Broker were repaid today, with 383 investors receiving around $10 million, or 48.7c in the dollar, from liquidators at RSM Bird Cameron.
Changes are afoot at HBOS and its BankWest subsidiary with the chief executive of the company's Australian Retail Division - and BankWest chief - Chris Whitehead taking up a position with UK parent company HBOSplc.
Allegations of misleading and deceptive conduct against a Canning Vale adult entertainment operator have led to a series of undertakings being given to the Australian Competition and Consumer Commission.
Regulatory bodies and gas infrastructure companies need to stop the "throwing of hand grenades" to avoid higher costs and regulatory delays, according to the chair of the Australian Energy Regulator.
Churchlands-based IBT Education Ltd has announced the acquisition of Adelaide-based English-as-a-second-language provider LM Training Specialists through its sibsidiary, Australian Centre for Languages Pty Ltd for $3 million.
Optima Corporation Limited's wholly owned subsidiary, Perth-founded specialist scooter brand Vmoto, has signed an agreement with a new distributor for New Zealand.
A joint venture operated by Perth-based petroleum exploration company Victoria Petroleum NL has signed a farmout agreement with South Australian explorer Santos Ltd.
The Association of Mining and Exploration Companies has called on the state government to provide more support for the mineral exploration sector to reverse a slide in exploration spending.
Employers in Australia's minerals industry will need to find an additional 70,000 workers over the next decade to meet demand, according to a recent study.
Western Australian borrowers appear to have focused on basic variable interest rate loans, the latest Mortgage Choice national housing loan approval data for September 2006 has revealed.
Perth-based precious metals explorer Dragon Mining Ltd has finalised the sale of its Pampalo gold project, in Finland, to mining company Endomines AB for around $90 million.
Rio Tinto subsidiary Argyle Diamonds Ltd has appointed Welshpool-based Macmahon Holdings Ltd as the preferred contractor for the second phase of works at its underground Argyle Diamond Mine.
Alinta's efforts to acquire an additional stake in the Australian Pipeline Trust earlier this year were in order to facilitate another undertaking to the Australian Competition and Consumer Commission, the Perth energy company announced today.
Nedlands-based communications company Commoditel Ltd has increased its mobile phone contracts, acquiring 20,000 post-paid mobile subscribers from Vodafone Australia for a scrip deal worth $4.5 million.
Perth-based investment firm Transcontinental Group chairman Tony Trevisan has resigned as chairman of healthcare company Australian Healthcare Technology Ltd, to be replaced by Vino Ramayah.
The University of Western Australia secured around 76 per cent of the funding allocated to WA universities from the Australian Research Council, at almost $17 million over the next five years.
The average house price in Perth rose to $450,000 in September, up $30,000 on the estimated median price in the June quarter, according to the Real Estate Institute of Western Australia.
South Perth-based Pure Energy Resources Ltd has announced plans to farmin with its major shareholder Arrow Energy NL on one of its largest Queensland coal seam gas tenements.
An agreement to supply around 0.5 million tonnes of Liquefied Natural Gas has been signed between members of the North West Shelf Venture and Japan's Chubu Electric Power Company Inc.
Wesfarmers Ltd has cleared the last regulatory hurdle in its takeover bid for insurance group OAMPS Ltd, clearing the way for it to complete the offer once the remaining conditions have been satisfied.
Premier Alan Carpenter officially released his controversial domestic gas reservation policy today, with the policy centrepiece being to set aside 15 per cent of gas available in future for use in WA.
Iron ore exploration and development company Cape Lambert Iron Ore Ltd has signed a farm-out agreement with Spalding Ltd for the company's Sacu gold/copper Project, located in the "Golden Quadrilateral" area of Romania.
