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Andrew Hobbs

Round 6: The End in View from the Arch

In the last View from the Arch, Andrew Hobbs wraps up the campaign for John Howard and Kevin Rudd, and casts a brief glace statewards.

Liberals on top with 42% in Miss Maud's latest bean poll

Western Australia's flat white, long black, latte and hot chocolate set have maintained their strong support for the Liberal Party, delivering an espresso shot in the arm for the government the day before the election.

Scook sentenced to 3 years

Perth entrepreneur Dean Scook has been sentenced to three years in prison after being convicted in the District Court over a market deception scheme involving shares in a junior explorer in 1998.

BigHill to raise $7m to fund tungsten exploration

Perth-based BigHill Resources Ltd has today opened its initial public offer, seeking to raise $7 million to fund acquisitions and exploration of its Cookes Creek Tungsten project.

Vector closes $12m IPO oversubscribed

West Perth-based iron ore explorer Vector Resources Ltd has closed its initial public offer oversubscribed, raising $12 million for exploration and development of its Nabberu Iron Project.

Top End closes IPO oversubscribed

The uranium asset spin-out of East Perth-based diamonds explorer North Australian Diamonds Ltd, Top End Uranium Ltd, has closed its initial public offer oversubscribed, the parent company has announced.

Modena closes up 20% in ASX debut

Subiaco-based oil and gas explorer Modena Resources Ltd has performed well in its debut on the Australian Securities Exchange, closing up 20 per cent in its first day of trade.

Jameson to raise $2.4m for gold, uranium exploration

Perth-based mineral exploration company Jameson Resources has launched its initial public offer, aiming to raise $2.4 million to fund a work program and further exploration of its tenements.

Bellevue plans $3.5m IPO for Queensland tin exploration

West Perth-based tin and base metals company Bellevue Resources Ltd will raise $3.5 million in its initial public offer, to be used for further acquisitions and exploration of its North Queensland project.

Scotgold to raise $4m in IPO

Perth-based Scotgold Resources Ltd plans to raise $4 million through its initial public offer to fund exploration of its gold, silver and base metals projects in Scotland.

BOQ's Home bid still good, despite Mackay rejection: board

The directors of Home Building Society Ltd have moved to reassure shareholders that its proposed merger with Bank of Queensland would not be affected by BOQ's failure to complete a separate merger with Mackay Permanent Building Society Ltd.

Lodestar to raise $5m in IPO

Nedlands-based Lodestar Minerals Ltd, a subsidiary of Dioro Exploration Ltd, has launched its prospectus, aiming to raise $5 million in its initial public offer to pursue nickel exploration over Dioro's Penfolds project.

Global Gold sparkles, up 35% in ASX debut

West Perth-based Global Gold Holdings Ltd has performed strongly in its debut on the Australian Securities Exchange, closing up 35 per cent on its offer price.

Heron keeps foot in two camps with CVRD placement

West Perth-based Heron Resources Ltd will raise $17.2 million through the placement of 15 million shares to CVRD Inco Ltd, just days after raising the same amount in a two-tranche placement of the same number of shares to BHP Billiton.

Power raises $2.2m for uranium exploration

Applecross-based Power Resources Ltd has announced plans to raise $2.2 million through its initial public offer to fund exploration on its two prospective sandstone-hosted uranium deposits

Bathurst to raise $3m for gold, nickel exploration

West Perth-based Bathurst Resources Ltd will open its initial public offer today, aiming to raise $3 million for gold, nickel and base metals exploration at the Mount Clifford prospect, northwest of Leonora.

Latest coffee bean poll gives Libs chance

The commanding lead held last week by Prime Minister John Howard and the Liberal Party was not all froth and bubble, according to the latest results from the Miss Maud's Coffee Bean poll.

Oceanic Uranium Fund opens $50m IPO

Nedlands-based investment company Oceanic Uranium Fund Ltd will raise $50 million in its initial public offer, raising funds to pursue investments in the uranium and broader energy sectors, the company has announced.

Olympia up 88% as Kiernan buys big stake

Michael Kiernan-chaired Territory Resources Ltd has acquired about 14 per cent of Herdsman-based mineral sands miner Olympia Resources Ltd, causing Olympia's share price to rise sharply for the second day running.

Round 5: Returning Sledgehammers in View from the Arch

WA politics reclaimed the spotlight this week as Upper House MP Shelley Archer quit the ALP. Meanwhile both federal parties launched their campaigns, Foreign Affairs spokesmen were in furious agreement and our expats started voting.

Atlas commits $15m to Port Hedland port, signs Chalice deal

West Perth-based iron ore explorer Atlas Iron Ltd will pay $15 million in port facilities charges to the Port Hedland Port Authority as an up-front contribution for the planned $225 million upgrade of the Utah Point public access facility.

Mallee Gold to raise $5m in IPO for exploration

Subiaco-based Mallee Gold Corporation Ltd has announced plans to raise $5 million in its initial public offer, to raise funds for exploration of its nine goldfields tenements.

Emmerson to raise $15m in IPO to fund exploration

Subiaco-based Emmerson Resources Ltd has opened its initial public offer, aiming to raise $15 million to fund exploration of its iron oxide copper-gold assets in the Northern Territory, the company has announced.

Carpentaria Exploration closes up 24% on first day's trade

West Perth-based Carpentaria Exploration Ltd, a spin-off of Giralia Resources NL, closed up 24 per cent in its debut on the Australian Securities Exchange, after raising $7.5 million in its initial public offer.

Eagle Nickel launches $9m IPO

Perth-based Eagle Nickel Ltd has opened its initial public offer, aiming to raise $9 million to fund exploration on its 11 nickel, uranium, molybdenum and platinum projects.

Noah Resources to raise $3m in IPO

Perth-based gold and base metals explorer Noah Resources NL has launched its prospectus, aiming to raise $3 million in its initial public offer to fund exploration of its tenements in New South Wales.

Emergent Resources plans $5m IPO

West Perth-based uranium, precious and base metals explorer Emergent Resources Ltd will raise $5 million in its initial public offer to fund an exploration program of its existing tenements, the company has announced.

Round 4: Bulls in china shops in View from the Arch

As the nation watched horses on Tuesday, Wednesday saw a bullish Reserve Bank increase interest rates to 6.75 per cent. Meanwhile, debates were held on the Environment and Industrial Relations as the WA government released a controversial study.

Kingsrose to raise $6m for Silver Queen

Applecross-based Kingsrose Mining Ltd will open its initial public offer today, aiming to raise $6 million to fund the development of its Sand Queen gold mine in a joint venture with Reed Resources Ltd.

Silver Lake closes $30m IPO early

Perth-based gold exploration company Silver Lake Resources has closed its $30 million initial public offer early, due to significant public interest, the company has announced.

Backreef extends IPO closing date after low capital raising

North Perth-based Backreef Resources Ltd has issued a supplementary prospectus extending the closing date of its initial public offer to January 31 2008 after failing to raise sufficient funds during its initial offer period.

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