THE Perth-based chairman and managing director of UK-listed CustomVis plc have been challenged by a group of shareholders who want to gain control of the technology company.
CONTRACT miner Byrnecut Group has joined a host of industry and finance groups calling for the federal government to rethink budget reforms that will increase tax paid by Australians working overseas.
SUPPORTING Western Australia's arts sector is part and parcel of being a resources company, according to Oakajee Port and Rail (OPR) chief executive Christopher Eves.
Southern Cross Electrical Engineering will pay up to $5.1 million to acquire FMC Corpration, which operates Hindle Offshore Services and Hindle Electrics, as part of its strategy to re-enter the oil and gas sector.
The Karl Simich-chaired investment company GoldLink IncomePlus has proposed to buy 10 per cent of shares in Subiaco-based Indago Resources as part of a bid to replace the board with its own nominees.
An estimated $800 million will be needed to eliminate overdue maintenance on the state's deteriorating road network, according to an auditor general's report tabled in parliament today.
Two more ex-Jubilee Mines executives have joined Nedlands-based Talisman Mining with Peter Langworthy and Brian Dawes today appointed executive directors.
Two of the nation's leading housing associations along with 30 suppliers and builders have today launched a campaign in Western Australia, encouraging potential home buyers to build.
Buru Energy has confirmed a takeover proposal by chairman Eric Streitberg, through private vehicle Arenite, has been terminated due to third parties withholding approval.
Avoca Resources says takeover target Dioro Exploration needs a "reality check" over the high valuation of its shares which is around 180 per cent higher than the company's current share price.
Local government councils in the Wheatbelt may stop issuing permits for operators of larger grain trucks as the deadline for the state government to commit an initial $45 million to upgrade rail lines for grain transport passes.
Gunson Resources will build its processing plant for the Coburn zircon project in Western Australia instead of China as it selects Intermet Engineering as its preferred engineering contractor.
VDM Group expects to book an operating loss for the 2009 financial year as current business conditions result in a write off of goodwill by up to $85 million.
Resource stocks have helped to continue the positive momentum in the Deloitte WA Index with the collective market capitalisation of WA's top 100 companies jumping 54 per cent over the past four months.
Straits Resources has taken a substantial shareholding in Adamus Resources as the latter steps up debt and equity talks for its $95 million gold project in Ghana.
Shares in Fortescue Metals Group have surged 21 per cent amid speculation that Chinese interests could have the Pilbara iron ore miner in their sights.
Shares in soon-to-be transformed Croesus Mining have soared after the company completed a $7 million capital raising with shares priced at a hefty premium.
Engineering and infrastructure company GRD has become the latest acquisition target for UK-based AMEC, which has proposed a $106 million cash takeover offer.
