Founder and non-executive chairman of Carrick Gold Ltd Frank Carr has increased his direct interest in the company, snapping up 7.65 million shares for over $1.5 million through the exercise of options.
West Perth-based uranium minnow WildHorse Energy Ltd has stated its intentions to be a future uranium producer, with the company looking to have its flagship projects in the United States online at the end of the decade.
West Perth-based developer of internet monitoring and management software WebSpy Ltd is set to expand its client-base after signing an agreement with the Middle East region's leading IT security solutions provider ComGuard.
The markets may keep a close watch on exchange rate fluctuations, and make investment decisions accordingly, but recent research shows most Australian exporters do not let exchange rate fluctuations affect their business plans.
With the realisation that Western Australia’s current resources boom will eventually come to an end, the state government has placed considerable emphasis on developing WA as a hub for innovation and industrial development.
While it has been a rosy year for those uranium and iron ore explorers that dominated the top spots for floats in 2006, the same could not be said for some of our smaller, non-resource IPOs, which ended the year at the other end of the spectrum.
There has been a considerable amount of activity in the state’s innovation sector during the past 12 months, with more WA companies investing in innovation than anywhere else in Australia, in per capita terms.
Farmers in Western Australia continue to warehouse their grain to avoid AWB’s national pool, despite claims by some in the industry that such a practice is detrimental to the future of a single-desk marketing system.
It's a great time to be in the minerals industry with net profits up 74 per cent and average mineral prices up 45 per cent from 2004-05, according to the Minerals Council of Australia 2006 Minerals Industry Survey.
The federal government’s export credit agency, Export Finance and Insurance Corporation, has provided West Perth-based Equinox Minerals Ltd subsidiary, the Lumwana Project, located in Zambia, with debt financing of $US43 million.
In a bid to bolster its position as one of Australia’s leading South Sea pearlers, Subiaco-based Arafura Pearls Holdings Ltd has made a $3 million acquisition of a pearl farm close to its existing Northern Territory operations after closing its $4 million
In a bid to accelerate the international expansion of its subsidiary Vmoto, Subiaco-based Optima Corporation Ltd is positioning itself to acquire a major player in the international scooter industry which sources product out of China.
A boom in December in initial public offers of shares, particularly among uranium explorers, is expected to lift the number of floats in calendar 2006 to a new record, says financial services provider Deloitte.