Specialist engineering company Neptune Marine Services Ltd has continued its rapid expansion by announcing plans to acquire Aberdeen-based Ross Deeptech Initiatives Ltd for $25 million in cash.
Two weeks after listing on the Australian Securities Exchange, Empired Ltd has acquired fellow Western Australian IT services company Quadrant Group for more than $1.7 million in cash plus 300,000 share options.
ANZ raising equity in Hong Kong and Singapore; ASA slams calls on AGM; Big drilling program planned after Spitfire $4m float; Macquarie leading $7-billion takeover of US Puget Energy; Labor raises climates stakes as Kyoto row heats up.
This week, as Prime Minister John Howard incurred the wrath of dog-walkers and Opposition Leader Kevin Rudd was ticked off by angry choristers, the economy remained the number one issue as the consumer price index was released.
Coogee Chemicals chairman Gordon Martin has backed a recapitalisation of Fremantle-based Frankland River Olive Company Ltd, which is aiming to raise a total of $5.9 million through a placement and rights issue.
South Perth-based energy company Aviva Corporation Ltd will incorporate emissions technology for carbon capture, desulfurisation and air cooling in its Coolimba Power project, south of Eneabba.
West Perth-based minerals explorer Bass Metals Ltd will raise $5.4 million through a placement to bolster working capital, including development at Que River and the company exploration program.
West Perth-based Liquefied Natural Gas Ltd has announced plans to spin out subsidiary Gas Link Global Ltd after completing a capital restructure on the company and raising $7.5 million.
West Perth-based metals explorer Azure Minerals Ltd will sell its Splinter Magnetite project to Sydney-based Icon Resources Ltd for $2 million, in line with its plans to focus on its Mexican assets, the company has announced.
West Perth-based Precious Metals Australia Ltd has secured the principal environmental approvals necessary to reconstruct and commence operation of the Windimurra vanadium mine, the company has announced.
Banks predict three interest rates rises until may; Cost of shipping bulk commodities hits all time high; ANZ set aside $1b for Asian investments; Visy CEO claimed full responsability for illegal price-fixing; Jones says he still has shareholders' support
South Perth-based Northern Mining Ltd will raise $2.2 million through a non-renounceable rights issue to raise funds for exploration and drilling programs, the company has announced.
West Perth-based takeover target Consolidated Minerals Ltd has reported a shortfall in manganese production of 40,000 tonnes during the September quarter, in its quarterly activities report released today.
Perth-based financial services provider Cygnet Capital has been named the 54th fastest growing company in the annual BRW Fast 100, the company has announced.
The recently-retired managing director of iron ore hopeful Grange Resources Ltd, Geoff Wedlock, has been appointed to the board of Sundance Resources Ltd as a non-executive director, the company has announced.
Perth-based neurology research company NeuroDiscovery Ltd has invited Queensland-based TetraQ Pty Ltd to market the safety pharmacology services of subsidiary NeuroSolutions Ltd in Australasia, the company has announced.
West Perth-based tungsten-molybdenum miner Thor Mining Plc has signed a native title mining agreement for its Molyhil project in the Northern Territory with the Eastern Arrernte people, the company has announced.
Perth-based oil and gas explorer Strike Oil Ltd has issued 16.9 million shares to shareholders through an entitlements issue, alloting the shortfall of the $10 million capital raising.
Waste management company Transpacific Industries Ltd has agreed to acquire a 15 per cent shareholding in metals recycling company CMA Corporation Ltd, which has extensve Western Australian operations, for around $25 million.
Iron ore developers Gindalbie Resources Ltd and Sundance Resources Ltd confirmed today they would not be proceeding with their planned $2.4 billion merger after shareholders and institutions rejected the concept.
Takeover target Consolidated Minerals Ltd has asked the Australian Securities and Investments Commission to help it uncover the ultimate beneficial owner of 17.7 per cent of its shares, registed in the name of ANZ Nominees Ltd.
Gindalbie and Sundance tipped to drop share swap merger; BHP might switch hundreds of more jobs to Perth; ConsMin on trail of mystery investor; pre-election rate-rise imminent; Chaney calls for teachers pay rise.
Takeover target Consolidated Minerals Ltd has asked the Australian Securities and Investments Commission to help it uncover the ultimate beneficial owner of 17.7 per cent of its shares, registered in the name of ANZ Nominees Ltd.
NSW-based McWilliam's Wines Pty Ltd has emerged as the successful bidder for collapsed Margaret River winery Evans & Tate following a seven week tender process sparking interest from operators including Foster's Group Ltd and De Bortoli Wines Pty Ltd.
South Perth-based gold and nickel explorer Mindax Ltd has announced plans to raise $2.4 million through a non-renounceable entitlements issue to fund planned exploration programs on its uranium, gold, copper and iron ore projects in Western Australia.
West Perth-based Westralia Property Trust Ltd has announced a distribution to unitholders of 9.7 cents per unit for the 2006-07 financial year, as it prepares for a strategic shift into the rural sector.
Nedlands-based Dioro Exploration NL has announced the terms of its planned capital raising, with plans to distribute 31.2 million subscription receiprt to investors at a price of C$1.60 each, to raise up to C$50 million, the company has announced.
Shares in Burswood-based gold and nickel explorer Tectonic Resources NL have risen 16 per cent after raising around $3 million through scrip issues to Melbourne-based Lion Selection Ltd and West Perth-based Jabiru Metals Ltd.
West Perth-based Halcyon Group Ltd has awarded the nickel extraction scoping study contract for its Canegrass nickel project in the Eastern Goldfields to Perth-based engineering company BatteryLimits Pty Ltd, the company has announced.
International Passenger numbers at Perth Airport were up 22 per cent in the first quarter of the 2007-08 financial year, a jump widely attributed to a strong state economy and increased seat capacity on new airlines.
