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Andrew Hobbs

Wavenet board weathers Gregory challenge

An attempt from the former chairman of Burswood-based Wavenet International Ltd, Peter Gregory, to oust the current board has failed, with shareholders voting down all proposed board changes at today's general meeting.

Magellan seeks to woo Freo for lead exports

Lead miner Magellan Metals Ltd, a subsidiary of Canadian lead producer Ivernia Inc, has started a community information program in Fremantle, explaining their plans to ship 500 containers of lead per month through the port city.

Everything old is new again in View from the Arch

Federal politicians stepped back in time this week as the themes of the 2001 election, terrorism and immigration, returned to centre stage.Meanwhile, in Western Australia, John Kobelke backs new stadium and tram bells ring for Alannah MacTiernan.

Summit mounts legal case against Newland, Alan Eggers

Subiaco-based Summit Resources Ltd has mounted legal action against its former managing director, Alan Eggers, and Newland Resources Ltd over a joint venture agreement signed between the two companies.

Natsteel ends Vietnam Industrial sale- purchase agreement

Indian giant Tata Steel subsidiary NatSteel Asia Pte Ltd has terminated its sale and purchase agreement with Perth-based Vietnam Indistrial Investments Ltd, after shareholders voted against the deal.

Amex opens $4m IPO

West Perth-based gold and copper explorer Amex Resources Ltd will open its initial public offer today, aiming to raise $4 million for exploration of its tenements.

Global Nickel launches $3m IPO for Joint Ventures

Subiaco-based Global Nickel Investments Ltd has announced plans to raise $3 million in its initial public offer to fund exploration of prospective gold and nickel projects in a joint venture with Cazaly Resources Ltd.

The winds of change in View from the Arch

While the Prime Minister compared child abuse in indigenous communities with Hurricane Katrina, a strong gust blew Julian Grill out of the ALP, changing winds threaten to leave Neale Fong with a bad expression and a fresh breeze is due in WA's Upper House

DMC Mining closes $2.2m exploration expenses IPO

West Perth-based base metals exploration company DMC Mining Ltd will close its $2.2 million initial public offer today, with money raised to go towards the acquisition and exploration of its tenements in New South Wales and Western Australia.

Clancy overflows, closes IPO after raising $5m

West Perth-based copper gold explorer Clancy Exploration Ltd has closed its $5 million its initial public offer after receiving more orders than it could fill.

Harmony cashes in on tenement sale to Dioro

South Africa's Harmony Gold Mining Group Ltd has received over $6 million worth of shares from Nedlands-based Dioro Exploration Ltd, which today issued 45 million shares to fund the acquisition of eastern goldfields tenements.

Bellamel closes IPO for Croesus project acquisition

West Perth-based gold company Bellamel Mining Ltd has closed its initial public offer, which aimed to raise $2 million to complete its acquisition of Croesus Mining NL's Kalgoorlie West project.

Forge's new identity in ASX debut

Como-based Forge Group Ltd, the spinout of Perth-based AI Limited's construction subsidiaries, made its debut on the ASX today, closing up 108 per cent from its offer price.

Marketforce wins back City of Perth ad contract

West Perth-based advertising agency Marketforce has won back the City of Perth's $2 million advertising account, after losing it in 2004 to Northbridge-based Ad Impact Advertising.

Helicon opens $4m IPO

Perth-based pharmaceutical products commercialisation specialist Helicon Group Ltd will open its initial public offer today, aiming to raise $4 million to fund market research and pursuit of new opportunities in the Chinese and North Asian markets.

Western Areas to join S&P/ASX200

West Perth-based nickel company Western Areas Ltd will join the S&P/ASX 200 next week, following hte departure of Macquarie ProLogis Trust from the influential list.

Carpathian settles ex-directors' legal dispute

West Perth-based oil and gas company Carpathian Resources Ltd has settled a long-running legal dispute with former directors Gerald Johnson and Ildiko Wowensy out of court.

Entek, Ellendale close capital raisings

West Perth-based oil and gas explorer Entek Energy Ltd and Nedlands-based diamond explorer Ellendale Resources Ltd will both close capital raisings today, raising a combined $6.3 million.

Alinta considers options after Tasmanian sales deal lapses

Alinta Ltd is considering its options after a key contractual arrangement for its proposed Tamar Valley Power Station in Tasmania fell through when a gas sales agreement lapsed today.

Revere steady after three day, 82.5% gain

North Perth-based gold explorer Revere Mining Ltd was trading flat in early morning trade after three days of strong gains since listing on Thursday.

Something completely different in View from the Arch

The Canberra controversies of broadband pork barrelling, poorly behaved unionists and the budget surplus were blown out of the water this week by a new policy on remote indigenous communities, while Neale Fong's email history had a similar effect in WA.

"Significant" stake in navy build to take place in WA: Logan

A memorandum of understanding between the governments of Western Australia and South Australia will keep a "significant" amount of the construction of air warfare destroyers in WA, Industry and Enterprise Minister Francis Logan has said.

PCH resumes takeover talks with Cape

Malaga-based scaffolding and form-work supplier PCH Group Ltd has resumed discussions surrounding a potential takeover bid with UK-based industrial services company Cape PLC, two months after earlier talks faltered.

Jukes, Caruso to Australasian board as Hedley steps down

Perth-based iron ore hopeful Australasian Resources Ltd has appointed former Theiss Pty Ltd executive Nick Jukes to its board, along with former Snowden Mining consultant Andrew Caruso as managing director, following the resignation of Darren Hedley from

Mix 94.5 down, but still rules Perth airwaves

While still Perth's most popular radio station, the audience of Austereo's mix 94.5 fell in every timeslot and every demographic in the latest Nielsen Media research surveys.

Troublesome visitors in View from the Arch

Visitors have been causing trouble in State and Federal Parliaments this week, with door-knocking union bosses, high-rollers at Kirribilli House and lost couriers at WA's Parliament all gatecrashing debate, while Holly Deane-Johns remains uninvited.

Gregory aims to oust Stroud from Wavenet

The former chairman of Burswood-based wireless communication technology developer Wavenet International Ltd, Peter Gregory, is seeking to oust current chairman Mick Stroud and return to the company board.

VicPet joins coal seam gas joint venture

Perth-based petroleum explorer Victoria Petroleum NL has entered into a coal seam gas joint venture with Queensland-based Bow Energy Ltd.

Dragon Mountain opens $15m IPO

West Perth-based exploration company Dragon Mountain Gold Ltd will open its $15 million initial public offer today, to raise funds for exploration of its joint venture gold projects in China.

Atomic closes $6.25m IPO

West Perth-based uranium explorer Atomic Resources Ltd will close its $6.25 million initial public offer today, with funds raised to be used for the evaluation and exploration of its assets in Western Australia and Tanzania.

Acuron dons Greencap for $15m public offer

The re-invention of former wound care products company Acuron Ltd continues, as the Perth-based firm today opened a public offer to raise $15 million for the acquisition of two consulting services.

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