Medical marijuana company Phytotech Medical has entered into an agreement to wholly acquire Canada-based MMJ Bioscience, in a deal worth about $20.7 million.
Shares in copper miner Latitude Consolidated skyrocketed on news it plans to exit the resources sector with a proposed acquisition of consumer services technology company Yatango through a scrip deal valued at about $18 million.
The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.
TPG Telecom insists that its $1.4 billion bid for internet provider iiNet is good for the takeover target's shareholders, despite opposition from some investors.
Doubts have emerged over plans by Qantas and China Eastern to expand their alliance after the competition watchdog expressed concern about it possibly leading to higher airfares.
Gold has firmed for the fourth straight session to its highest in more than two weeks, as the US dollar extends losses and expectations rise that the Federal Reserve will hold off until at least September to raise interest rates.
LEND Lease is upping the ante on renewable energy and sustainability at its Alkimos Beach estate in the northern suburbs, recording Australian firsts in terms of green building and energy storage.
FOR as long as I can recall, numerous commentators have been forecasting a hard landing in China. And for as long as I can recall they have been wrong.
GIVING an ancient Hindu philosophy a modern business-like feel has provided Meredith Forder the chance to create a growing not-for-profit organisation.
WESTERN Australian property players have given a mixed response to the federal government’s willingness to debate whether first home buyers should be allowed to use their superannuation to buy a ho
Windward Resources has taken advantage of a recent spike in its share price to raise $6 million to fund exploration at its Fraser Range nickel-copper projects.
One year after buying the Thunderbox operations from Norilsk Nickel, Saracen Mineral Holdings has announced plans to develop an open pit gold mine that will double its production to about 300,000 ounces per annum by the 2017 financial year.
Peak Resources has appointed engineering firm Amec Foster Wheeler for its Ngualla rare earth project in Tanzania after locking in a $5 million interim loan.
The Australian share market got to within five points of the 6,000 points mark on Monday but then fizzled out, with no major corporate or economic news to maintain momentum.
Blue chip mineral sands miner Iluka Resources and small biotech Sun Biomedical are as different as chalk and cheese; but what they share, apart from a Perth base, is a willingness to invest in Western Australia’s emerging technology ‘accelerator’ programs.
The state’s peak business body has called for reforms to the penalty rates system, which it says is out of date and causes many Western Australian businesses that open on Sundays and public holidays to lose money.
Orica director and former BHP Billiton executive Alberto Calderon has been appointed interim CEO at the explosives maker in the wake of the sudden exit of Ian Smith.
The Environmental Protection Authority has recommended strict conditional approval of Sinosteel Midwest Corporation’s proposal for exploration drilling at its Blue Hills Mungada East hematite project.
Unions claim to have played a major role in ensuring an increase in the number of Western Australia-based workers building a 900-kilometre pipeline for Ichthys liquefied natural gas project off Darwin.
