Goyder warns of big tab for Coles chief; $6bn man: Twiggy joins big league; Woodside takes $2.6b hit after production cut; Tables turn with talk of Oxiana bid for Zinifex; UBS grabs 5% of Rio to complicate BHP bid.
The Federal Labor Party will fund a third of an estimated $180 million upgrade to road and rail networks in Esperance to improve access to the port, Opposition Transport spokesman Martin Ferguson announced today.
Subiaco-based Yilgarn Mining Ltd will change its name to Brockman Resources Ltd after securing shareholder approval at the company's annual general meeting yesterday.
West Perth-based Lonrho Mining Ltd will sell its Kamfersdam tailings dumps in South Africa to South Africa-based Meepo Investment Consortium Pty Ltd for around $1.1 million, the company has announced.
West Perth-based metals explorer Azure Minerals Ltd has formally applied for the listing of its ordinary shares on the Toronto Stock Exchange's Venture Exchange, the company has announced.
South Guildford-based Cougar Metals NL will raise $1.6 million through a placement to fund an assessment of its Pyke Hill Nickel project and soil sampling programs on its Alta Floresta Gold Project in Brazil.
Shares in Fortescue Metals Group soared 25 per cent today to a new record high after the iron ore group revealed a resource estimate for part of its Pilbara Solomon project of more than one billion tonnes.
Perth-based Eastland Medical Systems Ltd will take a controlling stake in African drug developer Star Medical (Botswana) Ltd after acquiring a further 25 per cent of the company through a scrip issue worth $1 million, the company has announced.
Perth-based biodiesel producer Mission Biofuels Ltd, which acquired a 20 per cent stake in its Indian subsidiary on Monday, has increased its holding in the company to 97.6 per cent, after the minority partner chose not to participate in a rights issue.
Osborne Park-based Fairstar Resources Ltd has reaffirmed its commitment to a takeover of Golden West Resources Ltd, despite the bigger company officially rejecting the scrip bid yesterday.
Nickel miner Sally Malay Ltd and West Perth-based Thundelarra Exploration Ltd have signed co-existence agreements with the traditional land owners of its East Kimberley projects.
Subiaco-based Emmerson Resources Ltd has opened its initial public offer, aiming to raise $15 million to fund exploration of its iron oxide copper-gold assets in the Northern Territory, the company has announced.
West Perth-based Carpentaria Exploration Ltd, a spin-off of Giralia Resources NL, closed up 24 per cent in its debut on the Australian Securities Exchange, after raising $7.5 million in its initial public offer.
West Perth-based electrical engineering and control systems group LogiCamms Ltd aims to raise $10 million in its initial public offer, the company has announced.
Some charitable organisations in Western Australia could be forced to pay rates to Local Governments after the Supreme Court overturned a rates exemption decision by the State Administrative Tribunal.
Moly Mines Ltd has become the latest Western Australian mining company to gain backing from US investment group Harbinger Capital, which has also invested in Fortescue Metals Group, Poseidon Nickel and Po Valley Energy.
State-owned electricity generator Verve Energy has been selected to supply electricity to Gindalbie Metals' Karara iron ore poject, making it the winner of Western Australia's biggest contested electricity contract in more than a year.
South Perth-based energy company Aviva Corporation Ltd has appointed Citigroup Global Markets Australia Pty Ltd to advise on ongoing development of, and acquisitions for, its integrated energy projects, the company has announced.
