West Perth-based Leyshon Resources says it will look to acquire more projects after selling its majority interest in a Chinese gold project for $US34 million ($A39 million).
Shares in gold miner Apex Minerals are in a trading halt ahead of a capital raising expected to raise $100 million to support the company's proposed recapitalisation and restructure.
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An independent expert has judged Coote Industrial's $4 million convertible note offer to Elphinstone Group as reasonable but not fair due to the substantial share discount.
Property developer Port Bouvard says its share price rise over the past week is due to the company being undervalued and the recent opening of the Perth to Bunbury highway.
Grange Resources says it has raised $124 million from the rights issue component of its capital raising strategy, with funds to go towards debt reduction and a restructure of iron ore royalty obligations.
Perth's oldest stockbroking firm, DJ Carmichael, is looking to beef up its corporate finance team as Ian Dorrington is appointed managing director and Brian Hockney as chairman.
South Perth-based Rand Mining plans to raise $6.5 million through a rights issue to retire its debt with Tribune Resources and to boost working capital.
The number of Western Australian companies looking to list on the local stock exchange is gaining momentum with Laconia Resources the latest to open its $6 million initial public offer.
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East Perth-based Bauxite Resources has raised $57 million that will be used to enhance infrastructure at its bauxite operation in the South West and fund a study into an alumina refinery.
Premier Colin Barnett says he will not take any legal action after a parliamentary committee cleared him of any wrong doing over the removal of a Peppermint Grove property from the state's heritage list.
The University of Western Australia has joined a national network of university business schools, guided by some the state's leading businessmen and women, that aims for academic excellence for a social purpose.
Perth businessman Gordon Martin has challenged potential rivals for Great Southern assets to put forward detailed proposals as funding for the collapsed company's assets is about to run out.
Subiaco-based Allied Gold plans to make a friendly all-scrip takeover offer for Toronto-listed Australian Solomons Gold in a deal valued at about $60 million.
Mining company Stirling Resources has launched a share entitlement issue to raise approximately $17.5 million to fund the recapitalisation of Monarch Gold, and the commencement of its gold operations near Kalgoorlie.
It has the potential to become one of the great ironies of WA's unfolding LNG boom - hot rocks powering the Pilbara as it comes to grips with runaway oil and gas development.
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THE past 12 months has been tough for most businesses but especially for the state's major sporting clubs, which have been forced to deal with inadequate venues, declining ticket sales and poor on-field performances, as well as the economic slowdown.
TWO not-for-profit organisations this month demonstrated that carefully planned and targeted fundraising activities can achieve outstanding results in spite of the poor economic conditions.
Shares in oil and gas exploration company Carnarvon Petroleum have jumped more than 10 per cent in trading today after the company reported the discovery of commercial quantities of oil at two of its fields off the coast of Thailand.
West Perth-based mining outfit Meteoric Resources has raised more than $1.1 million in a placement to investors to finance initial exploration of its gold project at Webb in WA and new nearby joint ventures targeting iron oxide-copper-gold mineralisation.
Uranium exploration company Extract Resources has completed its previously announced private placement worth $40.3 million as part of a $91 million capital raising to accelerate exploration activities at its Rossing South project in Namibia.
Minerals exploration company Wolf Minerals has raised $4 million for completion of a bankable feasability study on its Hemerdon Ball tungsten and tin project in England.
Business confidence and business performance in WA improved during the last quarter and is now above the national average despite a particularly challenging February to April trading period, a survey has revealed.
