Perth-based gold and base metals mining company Mantle Mining Corporation Ltd aims to raise $4 million through its initial public offer to fund feasibility studies and potential acquisitions.
The State Government has launched a new strategy for development and marketing of the Aboriginal Tourism industry in Western Australia, to be funded with $1 million over four years.
After the board of Aztec Resources Ltd told shareholders to reject it, West Perth-based Mount Gibson Iron Ltd has extended the period of its takeover offer for the company to October 6.
Two Melbourne-based development groups have been named as preferred and reserve tenders for the 140 William St mixed-use development, above the new underground railway station, with Cbus Property Pty Ltd coming out on top.
West Perth-based gold and base metals miner Montezuma Mining Company Ltd aims to raise $4.5 million to fund drilling and evaluation of priority projects and potential acquisition opportunities.
Alcoa World Alumina Australia's proposed $1.5 billion-plus expansion of its Wagerup alumina refinery has been granted State government environmental approval, but a decision to build is still to be made.
West Perth iron ore company Gindalbie Metals Ltd will locate the company's pellet plant in China, rejecting a series of Western Australian options and fuelling speculation of a renewed focus on magnetite iron ore in WA.
Austereo's mix 94.5 continued its domination of the Perth radio market, commanding 18.2 per cent of total market share, in the June 25 - September 2 radio ratings period issued by Nielsen Media Research.
West Perth-based Lion Energy Ltd aims to raise $10.6 million through a non-renounceable rights issue to acquire an interest in oil and gas tenements held by US-based Ridgelake Energy Ltd in the Gulf of Mexico.
Subiaco-based Midas Resources Ltd aims to raise $3 million through an entitlements issue to raise money for further exploration of the company's gold and nickel assets.
Woodside chief financial officer Ross Carroll has resigned after joining the company last year to take up the same role at contracting group Macmahon Holdings Ltd.
The Valhalla Uranium Ltd takeover saga continues as majority shareholder Resolute Mining Ltd entered into a $75 million deed of indemnity with Valhalla's suitor, Paladin Resources Ltd.
A downturn in the carrying value of its tourism assets is being blamed by West Perth-based Westralia Property Trust for their $1 million loss in the 2005-06 financial year, up on the $4 million loss reported in the previous period.
Wesfarmers has made a $700 million cash offer for insurance broker OAMPS Ltd, the industrial company’s first major move since Richard Goyder took over as chief executive in July last year.
Perth-based gold, base metals and uranium miner Peak Resources Ltd has launched its initial public offer to raise $4 million for a scoping study on its Menzies gold projects, 140km north of Kalgoorlie.
Perth headquartered oil and gas producer Amadeus Energy Ltd has posted a net profit of $9.6 million, down 12 per cent from last year's results, after recording a 154 per cent increase in total revenue for the year ended June 30, 2006.
West Perth based-Polaris Metals Ltd aims to raise almost $2.6 million through a placement with Hartleys Ltd, to fund drilling, exploration and pre-feasibility studies at the company's mineral deposits.
