ARC Energy Ltd has negotiated deals to buy oil producer Anzon Australia Ltd and its UK parent company Anzon Energy Ltd, creating a merged group with a market value of about $1.1 billion.
Takeover target Midwest Corporation Ltd has claimed that its suitor, fellow iron ore miner Murchison Metals Ltd, has failed to provide sufficient infomation in the bidders statement, as it urged shareholdfers to take no action on Murchison's offer.
Herdsman-based Olympia Resources Ltd has signed a joint venture agreement with Island Minerals Pty Ltd to carry out exploration on the private company's zircon and gold tenements.
Wesfarmers Ltd has appointed British supermarket baron and former Conservative Party MP, Archie Norman, as an adviser to develop a turnaround plan for the Coles Group Ltd businesses, particularly its
With the Australian dollar pushing through its previous ceiling against the US dollar in recent days, exporters are facing lower profit margins and analysts are speculating on the possibility of parity between the two currencies.
THE number of Western Australian companies to have listed or plan to list on the Toronto Stock Exchange has risen to 19 after West Perth-based Monarch Gold Mining Company Ltd said it would list early
Electricity retailer Synergy has emerged as the only one of the four disaggregated electricity corporations to exceed budget forecasts, reporting earnings before interest and tax of $64.9 million for the 2006-07 financial year.
Western Australia’s economic growth remains strong, with key measures of economic activity remaining well above historical trends and outstripping national growth.
Perth-based Centre for Association Management Pty Ltd is preparing to expand its services for the not-for-profit sector by undertaking a $2.5 million initial public offer.
Housing markets are providing a timely reminder that the gravitational pull of cycles can be hard to avoid, even in a booming state such as Western Australia.
HAVING narrowly survived an attempt to overthrow the board, PharmAust directors Bryant McLarty, Simon Owen and Henry Gulev face another shareholder battle in a fortnight when a motion to have the comp
Whether or not Kevin Rudd – Kevin07 during the campaign – takes Labor into power on November 24, nobody will ever be able to take from him that he has managed to make a very average mob look like winners.
Swick Mining Services Ltd managing director Kent Swick has decreased his direct an indirect interest in the drilling services company through the sale of 14 million shares for $19.8 million as part of
Three years after commissioning its $85 million manufactured lumber plant, the Dennis Cullity-chaired Wesbeam Holdings Ltd has scraped into the black with a small profit for the year to June 2007.
The state government posted another record budget surplus in 2006-07, of $2.3 billion, fuelled by strong growth in mining royalties and taxation revenues.
WA may be half a world away from the epicentre of the fallout from the collapse of the sub-prime mortgage market in the US, but that does not mean the US housing market’s woes will not eventually turn up in the prices of key commodities.
Selling commonwealth land to property developers and using the funds to make housing interest payments tax deductible would be a good political decision for an incoming government, according to Satterley Property Group chief executive Nigel Satterley.
Perth-based health insurance and financial services player HBF has revealed a 36 per cent increase in underlying profitability, boosted by strong investment market returns.
The State Government has approved a $225 million upgrade of Port Hedland's port facilities after securing up-front capital contributions from miners, including BHP Billiton, Consolidated Minerals and Atlas Iron, to cover nearly half the cost.
West Perth-based Monarch Gold Mining Company Ltd has announced plans to list on the Toronto Stock Exchange by the first quarter of 2008, after listing on the Dubai International Financial Exchange earlier this year.
Australia's peak building industry body has reiterated calls for both sides of politics to be mindful of inflationary pressures when considering economic policy.
Perth-based gas explorer Po Valley Energy Ltd has signed a contract with Hydrodrilling International SpA to secure a drill rig for use on its gas fields in northern Italy starting in April 2008.
Annual General Meetings are disenfranchising shareholders in small listed companies, according to peak body Chartered Secretaries Australia, which has called for wide-ranging discussion on the issue.
West Perth-based gold and base metals explorer Centaurus Resources Ltd will acquire Brazilian mineral exploration and development firm San Greal Resources Pty Ltd through a scrip issue worth around $3.3 million, the company has announced.
AGL dumps Anthony; Nexus shut down of the auction for Anzon; tax cuts promises to cost $80b in the next five years; Gordon raids Ten options for a 4.3 per cent stake; Labor widens the gap over the coalition after one week.
Tasmania-focused metals miner Macquarie Harbour Mining Ltd has announced plans to raise a minimum of $4 million through its initial public offer to commence a drilling program across its portfolio.
A group of dissident PharmAust Ltd shareholders forced the company to hold a formal poll after their push to replace the existing board was narrowly defeated on a show of hands at today's general meeting.
Investors in listed investment company LinQ Resources Fund have endorsed the strategy of the existing fund manager, with a majority rejecting proposals for change put forward by UK investor Carrousel Capital.
Oil explorer Gippsland Offshore Petroleum Ltd Ltd has scrapped the planned $25 million acquisition of West Perth-based Finder Exploration Pty Ltd after it was unable to reach agreement with the vendors of Finder.
Oil and gas producers ARC Energy Ltd and Anzon Australia Ltd have announced they are negotiating the final terms of a merger that would create a $1.1 billion energy group.
Rivervale-based gold explorer Greater Pacific Gold Ltd has acquired a further 20 per cent stake in private uranium and gold explorer Apogei Pty Ltd, and has been granted an option to acquire an additional 20 per cent of the company.
