Fraser Beattie

MSM Corporation International and Department 13 International both debuted on the ASX today, after completing their respective reverse takeovers and backdoor listings.

Perth-based explorer Carbine Resources has signed an offtake agreement with a chemical and mineral supplier for copper sulphate from its $63 million Mount Morgan project.

Shares in embattled iron ore miner Gindalbie Metals plummeted this morning after the company said attempts to clarify funding arrangements with its joint venture partner had been met with silence.

Perth-based explorer Lithium Australia has attracted its first institutional investor for a big slice of its $6.55 million capital raising.

Tony Sage’s Cape Lambert Resources has announced plans to undertake its first capital raising since its initial offer, which was completed when the company listed on the ASX 16 years ago.

Gindalbie Metals has gone into a trading halt following a media report suggesting its Chinese majority shareholder and project partner will no longer keep the jointly owned Karara project afloat.

The small Western Australian township of Yarloop appears to have been virtually wiped out and three residents are unaccounted for following an unpredictable bushfire, with the Insurance Council of Australia declaring it a catastrophe.

Shares in Perth-based Carbon Conscious have surged on news it commenced milk production at a Chinese-owned dairy farm in the South West, with the company planning to expand its cow herd by nearly 500 per cent by 2017.

Western Australians opted to spend their free time travelling within the state last year, with Rottnest Island visitor numbers reaching their highest on record between July and December.