ASX

Swala Energy appoints Walbrook as advisor

Perth-based oil and gas explorer Swala Energy has appointed Walbrook Investor Relations as its advisor as it prepares to list on the Australian Securities Exchange.

Titan rises on commercial discovery

Titan Energy shares have jumped on the ASX today, after the company said it had made a commercial oil and gas discovery at its Allen Dome oil field in Texas.

Ramelius and Northern Star rise on gold discoveries

Gold miners Ramelius Resources and Northern Star Resources have jumped on the ASX today after releasing updated resources amnd reserves estimates for their respective gold projects.

GR Engineering wins big UK contract

Shares in GR Engineering have jumped on the ASX this morning, after the company announced a £75 million ($111 million) contract with Wolf Minerals at the Hemerdon tungsten and tin mine in England.

Matrix hits new low

Shares in Matrix Composites and Engineering have plunged to their lowest level since the company listed on the ASX in 2009, following the release of a major earnings downgrade.

Andrew Harding to lead Rio Tinto Iron Ore

Mining giant Rio Tinto has appointed Andrew Harding to succeed Sam Walsh as its iron ore chief executive. Mr Harding, who has headed up Rio's copper division since November 2009, has been with the company since 1992.

Directors’ Interests

BC Iron managing director Mike Young has offloaded 300,000 shares in the Pilbara iron ore producer to raise $1.09 million. A notice lodged to the ASX last Thursday stated that the shares were sold on-market for the purposes of his personal financial commitments.

IOOF connection puts Plan B on the front foot

PERTH company Plan B Financial Services has had four ownership models over the past 20 years, but new boss Terry Dillon argues the latest is the best yet.

Apex up on $15m Youanmi sale

Shares in Apex Minerals jumped on the ASX today after the Perth-based announced an agreement to sell its Youanmi gold mine near Sandstone in the Murchison for $15 million.

Bauxite shares gain on ex-Sundance appointment

Shares in Bauxite Resources jumped on the ASX today after the Perth-based miner announced the appointment of former Sundance Resources executive Peter Canterbury as chief executive.

Leighton, Burswood write-downs add to Mirvac losses

Mirvac has reported large writedowns in the value of its Leighton Beach and Burswood developments, contributing to a total of $273 million of losses for the property giant.

Focus announces $27m half year loss, CEO resigns

Focus Minerals shares have dipped on the ASX after the company announced a half year net loss of $27.4 million and the resignation of its chief executive, Campbell Baird.

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Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12

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