Perth-based Hazelwood Resources will look to raise up to $7 million to accelerate production at the ATC ferrotungsten joint venture facility in Vietnam, in which it has a 60 per cent stake.
Premier and science minister Colin Barnett has praised the efforts of the state's scientists and others in the field, at the Western Australian Science Awards ceremony last night.
Junior oil and gas company Pura Vida Energy has named Jeff Dowling as its new chairman and Ric Malcolm as a non-executive director, with current chairman Bevan Tarratt to resign from the board.
The Australian Institute of Company Directors has released its bi-annual Director Sentiment Index survey showing confidence of Australian directors about business and the future of the economy has improved since the election of the Abbott government.
Perth-based Paladin Energy is persisting with negotiations on the sale of a minority stake in its Langer Heinrich uranium mine in Namibia, and has assured shareholders it will give them an update by the end of the month.
Northern Star Resources has weathered a fluctuating gold market with low costs and strong profits, and is looking forward to new acquisition opportunities, chairman Chris Rowe announced at its annual general meeting today.
Amcom chairman Tony Grist told the company's annual meeting today it was well placed to deliver another year of double digit percentage growth in underlying net profit after tax.
Perth-based miner Viking Ashanti will merge with Mongolia-focused coal developer Auminco Mines under a share exchange transaction, with a capital raising of $4.5 million planned for the consolidated company in early 2014.
Perth-based Legend Mining has entered an agreement for the $17.5 million sale of its 90 per cent share in the Ngovayang iron ore project, in the Republic of Cameroon to Indian company Jindal Steel and Power.
Perth-based Vmoto has signed an exclusive distribution agreement with Indonesian automobile company PT. Garansindo Technlogies to stock and market its electric scooters in the country.
iiNet managing director Michael Malone will hand over control to chief financial officer David Buckingham for a three to six month period while he takes a break from duties, he announced at the company’s annual general meeting today.
The Australian Securities and Investments Commission has permanently banned a former broker from engaging in any financial services activities, following her jailing for defrauding 24 investors of more than $4 million.
Parent company Resolute Mining intends to officially purchase Noble Mineral Resources' Bibiani project and sell off its remaining assets with a proposed deed of company arrangement.
Gold miner Silver Lake Resources has said it is not in a position to pay dividends, with volatile gold prices and the state government’s minerals royalty review remaining as threats to its balance sheet.
Tanami Gold has seen its share price plunge 34 per cent after announcing an $11.75 million entitlement offer underwritten by its largest shareholder, Allied Property Resources.
Octanex and Perth's Peak Oil and Gas are working towards a merger, with Melbourne-based Octanex underwriting a rights issue for of $1.94 million that will go towards working capital for Peak prior to the implementation of the deal.
