A new report has found listed exploration companies are focused increasingly on preserving their cash, as the sector grapples with regulatory rulings by the ASX and ASIC.
St John Ambulance WA has bought a Perth-based healthcare company as part of a plan to provide urgent care centres across the metropolitan area, and help alleviate pressure on emergency services.
Perth-based Seafarms Group has received firm commitments for a $10 million capital raising to fund ongoing work at its $1.45 billion Sea Dragon prawn aquaculture project in the Northern Territory.
Wall Street closed slightly higher, as fresh data gave a rosier view of the economy and further gains for healthcare shares countered declines in energy names.
The state government has selected Sodexo as preferred operator of its new women’s prison, adding to a string of big contract wins in Western Australia by the global facilities management company.
Satterley Property Group will build its largest residential estate in Victoria after purchasing 214 hectares of land in a deal believed to be worth $100 million.
Chevron Australia has become the latest resources giant to put its name on a public attraction, with the state government announcing the company will fund a parkland within the new Perth Stadium precinct.
ALS shares surged more than 25 per cent after the testing, inspection and certification group rebuffed a $2.7 billion takeover bid from two private equity firms, setting the scene for a potential bidding war.
Local junior miners Marindi Metals and Agrimin have announced plans to raise a combined $5.5 million to fund ongoing work at their respective projects.
Perth-based education provider Navitas has renewed a program agreement with Edith Cowan University, while extending another for six months while it wraps up contract negotiations with the university.
Perth-based Altona Mining has finalised terms for a joint venture arrangement at its Cloncurry copper-gold project in Queensland, with the partner to contribute $US213.5 million ($A295 million) to acquire a majority stake.
Henderson-based shipbuilder Austal has won four packages of work on littoral combat ships for the US Navy, worth a combined $US5 million ($A7 million).
Gold has turned negative, as the US dollar briefly pared losses following US manufacturing data and US equities came off their lows, while the market tried to assess how close the Federal Reserve is to raising interest rates.
US stock prices rose slightly on the back of a late rebound in oil prices and an encouraging economic report from the Federal Reserve, but equity prices in other major world markets fell on worrisome Chinese and European factory data.
Shares in Rox Resources more than doubled today on the back of a strong zinc and lead drilling result at a project in the Northern Territory, while Dacian Gold was up 7 per cent following results in Western Australia.
The family of yet another great Western Australian entrepreneur appears set for a public fight over an inheritance, with the descendants of the late Len Buckeridge going to court over his $2.5 billion estate.
