Western Australia's biggest stocks were among the hardest hit by today's market jolt, with Woodside Petroleum Ltd, Fortescue Metals Group Ltd and Paladin Energy Ltd all suffering big falls as Perth-based companies lost a collective $13.72 billion.
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Shareholders in Anzon Australia's parent company, Anzon Energy Ltd, have voted overwhelmingly in favour of the proposed Arc Energy and Anzon Australia merger.
Xstrata Nickel Australia Pty Ltd has been forced to extend its $3.1 billion takeover offer deadline for Jubilee Mines NL for a second time, after a slow take-up by the target's shareholders.
Grange Resources Ltd has announced today that the company and its joint venture partner have signed a Memorandum of Understanding with the global engineering and technology corporation Metso Minerals Ltd for the Southdown Magnetite Project.
Mt Pleasant-based Comet Ridge Ltd has launched an entitlement issue to raise up to $4.3 million in extra funds for its projects in the United States and Australia.
West Perth-based Emerald Oil & Gas NL has reached an in principle agreement with Capital Investment Partners Pty Ltd to raise up to $2.025 million for exploration and production activities in the United States and Western Australia's Canning Basin.
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Perth-based Patersons Securities Ltd is set to launch
a resources-focused fund, the second product for the fledgling
asset management business launched late last year.
After a 20-year career with Ernst & Young, Lui Giuliani has left the accounting group to establish a private equity firm with ex- KordaMentha executive Oren Zohar, Monadelphous chairman John Rubino, ex-Water Corporation chairman Tim Ungar and the director
With many investors in Western Australia’s fledgling technology sector having been burned by lossmaking companies such as Chemeq, Clinical Cell Culture and ERG, it has been difficult for new companies emerging in their wake to attract support.
While Western Australia’s mining stocks and their investors enjoy a bull run, emerging technology companies with new ideas are finding it harder to attract investor attention.
FUNDS associated with New York commodities hedge fund Ospraie Management LLC have revealed substantial stakes in two major Western Australia companies, both outside the group’s previous purely mining
It's hard to believe that, just five or six years ago, the Perth International Arts Festival was in a rebuilding phase after a multi-million dollar loss had shaken the morale of the festival team.
West Perth-based Transit Holdings Ltd has completed a placement to raise $2 million to sophisticated investors for exploration for haematite mineralisation and working capital.
Wesfarmers Premier Coal Ltd and Blackham Resources Ltd have ended their dispute over the Scaddan Energy Project tenements near Esperance, by signing a joint venture agreement to develop the project.
The volume of owner occupier home loans in Western Australia jumped by 4 per cent in November, despite coinciding with the Reserve Bank of Australia's most recent interest rate hike.
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