Perth-based nickel miner Albidon Ltd could be in play as a takeover target after its major shareholder revealed plans to sell its blocking stake worth some $37 million.
Construction and engineering firm Macmahon Holdings Ltd has launched a $446 million takeover bid for Canning Vale-based Ausdrill Ltd, a year after the drilling contractor revealed it had been approached by an unidentified suitor.
Epsilon Energy has entered a trading halt as shares in the Subiaco-based explorer skyrocketed by as much as 411 per cent in trade today, after an exploration target of 1 billion tonnes of iron ore was revealed for its Mardie project in the Pilbara.
Perth-based nickel miner Albidon Ltd could be in play as a takeover target after its major shareholder revealed plans to sell its blocking stake worth some $37 million.
PERTH-based explorer Beadell Resources Ltd is about to step into producer status after negotiating a deal with resource investment firm Lion Selection Ltd to acquire the remaining 30 per cent interest in the Cracow gold mine for $80 million.
THE Perth operations office of telecommunications provider SOUL Communications, formerly B Digital, is understood to be closing down its local call centre following its parent’s merger with a company that has offshore customer support operations.
FOR a tourist visiting Perth, the image of the city skyline dotted with cranes is cause for curiosity of what the city could look like after the current construction mayhem.
IT may not be considered a sexy commodity compared with the likes of iron and gold, but the rapidly growing importance of potassium and phosphate is attracting the focus of a number of resource companies based in Western Australia.
IT’S an exclusive industry reserved for the super-rich, and Western Australia is right in the thick of the action as a supplier of some of the world’s best super-yachts.
AS more and more cranes appear on the city skyline in response to the boom engulfing the state, it’s not the largest amount of cranes to occupy the CBD area, according to the Master Builders Association of Western Australia.
Perth-based Arafura Resources Ltd is the latest in a string of companies announcing positive phosphate news - with $220 million a year in projected revenue - as rising global demand for agricultural inputs excites investor interest.
Osborne Park radio communications manufacturer Omnitronics is set to open its first overseas office in the US in July to take advantage of increased opportunities and higher demand.
Rivervale-based Aurium Resources Ltd has acquired its second company for this year, following the takeover of Northern Territory-based Jarra Resources Ltd for up to $15.3 million.
Woodside Petroleum Ltd said it is determined to find the right type of gas for the expansion of its Pluto LNG project, despite poor exploration results which could lead the oil and gas producer to miss its end-of-year final investment decision deadline.
Iron ore miners in the Mid West region will have more room to move following the $49 million upgrade of Berth 5 at the Geraldton Port, but it may not be enough space in 18 months’ time.
The international cotton and vineyard industries have become the global expansion platform for Leederville-based SpecTerra Services, whose airborne imaging system helps growers manage a field to its true potential.
