Western Australian diversified resources player Aquila resources today ended speculation about its trading halt of last week by announcing its intention to raise $54 million to provide working capital for its coal and iron ore projects.
The flurry of activity in the growing biofuels sector continues apace with Perth-based Mission Biofuels Ltd closing its initial public offer early, and another local player Jupiter Energy announcing plans to raise $5.5 million.
Perth-headquartered Indian Sandalwood plantation manager TFS Corporation Ltd has taken steps to strengthen its board as it plans to transition from a sandalwood plantation grower to a producer of finished sandalwood products.
In 1979, 53,000 people attended the WAFL grand final at Subiaco Oval. Now, 27 years on, the state’s population has grown by around 800,000, WA is in the middle of an economic boom, and the same venue holds nearly 10,000 less.
Helping turn a niche miner into the world’s largest fully integrated garnet mining, processing and distribution company has earned Torsten Ketelsen the major prize at the recent annual International Business Council awards.
The Reject Shop, one of Australia’s fastest growing and most profitable discount variety retailers, has announced its expansion into Western Australia, with the launch of two stores – in the city and in Booragoon.