Embattled sandalwood producer Quintis has announced the purchase of $3 million of sandalwood from growers operating on plantations managed by the company.
The share prices of Orinoco Gold and Doray Minerals have risen today after the companies announced positive drilling results at their respective projects.
The state government has unveiled the Dennis Cometti Media Centre at Optus Stadium, honouring the famous Western Australian sports broadcaster with a state-of-the-art media facility.
Queensland-based mineral sands explorer Diatreme Resources has signed contracts with a Chinese mining services company to conduct a definitive feasibility study and help source funding for its Cyclone zircon project in Western Australia's Eucla Basin.
Perth-based Eden Innovations’ concrete admixture has been approved by the Oregon Department of Transportation, with EdenCrete now permitted for use in 11 US states.
Perth-based Volt Resources has raised $4.7 million through a strongly supported exercise of listed options, with the proceeds to be used to develop the company’s Tanzanian graphite project.
Engineering and construction group Valmec has tapped investors for $5.1 million through a strongly supported share placement that will strengthen the company’s balance sheet.
Troubled sandalwood producer Quintis says its board intends to advise shareholders to vote against a series of resolutions to spill the board, while also announcing a one week extension on its forbearance agreement.
Mustang Resources has secured a $19.9 million funding package from US institutional investor Arena Investors LP through a multi-tranche convertible note facility, while also announcing plans to raise up to $4 million via an entitlement offer.
The state government has announced six more local businesses that will operate at the new $75 million Yagan Square development, set to be opened next month.
International Goldfields has appointed Kenneth Keogh and Nicholas Sage as non-executive directors, following the resignations of Ray Shorrocks and Steve Brockhurst from the board.
Australia is in a commanding position after the second day of the final Ashes test, sitting at 2-193 with Steve Smith unbeaten on 44 and Usman Khawaja on 91.
The state government has approved an application from local business Old Salt to install a $2 million event barge on the Swan River near Elizabeth Quay.
Belmont-based Pindan has been awarded an $18 million state government building contract in Carnarvon, while Bunbury-based Perkins Builders has received an $8 million government contract.
Struggling gold producer Blackham Resources has released positive production results for December after being given a two-week reprieve on a $14 million debt repayment earlier this week.
