Shares in Perth-based Strike Resources have surged after it reached a settlement deal with its Peru partners, which wipes a $US24.25 million ($A29.5 million) liability from its balance sheet.
Dioro Exploration has urged shareholders to reject a sweetened takeover offer from Avoca Resources, adding it had entered into confidential negotiations with third parties.
Avoca Resources says it is surprised that target Dioro Exploration has not provided a recommendation to its takeover bid as it today declared the offer unconditional.
PERTH accountancy firms are bulking up their businesses, in spite of the market woes, as a handful of new partners enjoy their first week sharing in the risks and rewards of their chosen company.
The Perth arm of accounting firm Deloitte has expanded with six employees promoted to partners as net revenue rises by 28 per cent for the 2009 financial year.
Listed companies in Western Australia have continued their strong share price rebound in June, driving the Deloitte WA Index up by nearly 6 per cent or $6.7 billion.
Another legal showdown is looming between Murchison Metals and Sydney-based Chameleon Mining, which is claiming it is entitled to half of the the iron ore miner's Jack Hills tenements, valued at $1.5 billion.
AS legal fights go, the long-running battle between the University of WA, former staff member Dr Bruce Gray, and the company he founded, Sirtex Medical, is bigger and nastier than most, but one piece of good news has unfolded.
A corporate restructure of CopperCo has saved Cape Lambert Iron Ore from launching takeover bids for several of the collapsed company's listed investments.
Private Australian companies are weathering the effects of the global financial crisis remarkably well with a KPMG survey revealing 90 per cent of respondents claimed they were prepared to respond to market changes.
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.
The state government has settled outstanding costs over the Perth to Mandurah rail line at a substantially lower amount than what contractors had sought.
Extract Resources is seeking legal advice after shareholder Kalahari Minerals again requested the removal of a director while Rio Tinto and Polo Resources indicate their intention to add board representatives.
ALCOA of Australia managing director Alan Cransberg, Hawaiian property group manager Kate O’Hara (pictured) and KPMG tax partner Craig Yaxley have been appointed to the Black Swan State Theatre Compan
WHEN Riviera Marine, one of Australia's largest luxury boat builders, went into receivership last week, it could have been seen as another blow for a struggling sector.
BUSINESSES have been warned not to become complacent and halt their readiness programs despite some relief from the revised start date of Carbon Pollution Reduction Scheme.
Around two-thirds of small to medium enterprises in Western Australia are in favour of daylight saving with over 50 per cent of respondents to a new survey claiming the extra daylight increased business productivity.
The market capitalisation of Western Australian listed companies has surged back above the $100 billion mark for April, led by resource companies Aditya Birla Minerals, Mirabela Nickel and Perilya.
AS Western Australian wineries deal with the downturn, there is opportunity for operators to take stock of their business, focus on the areas that need attention and enhance their brand, their bottom line and their chances of survival.
A NUMBER of top tier law firms agree that Perth has become a significant player on the international stage, regularly leading globally assembled legal teams on large international transactions.
THE legal landscape in Perth is as dynamic as it has ever been with new market entrants, unexpected mergers and surprise splits making waves in recent months.
LEGAL firms are amending their staff management and recruitment plans in light of the economic downturn with confirmation that the true worth of a practice can be found in the quality of its legal professionals.
THE size of Western Australia's legal practices has fluctuated only mildly during the past 12 months despite the sector's changing dynamics as a result of the economic slowdown.
