West Perth-based private company Asia Resources 168 Ltd has signed a farm-in deal with Carnegie Minerals Plc, which will see the UK-based company fund a nickel and iron exploration program on Asia Resources' tenements on Indonesia's Obi Island.
Palmary Enterprises has stated categorically that it does not have an interest in a mystery 16 per cent shareholding in takeover target Consolidated Minerals Ltd, nor does its president Gennadiy Bogolyubov or his business associate Igor Kolomoisky.
Planned development of West Perth-based mineral sands explorer Industrial Minerals Corporation Ltd's Oregon Heavy Minerals Project has hit a snag, with local residents appealing the government's approval of the project.
Perth-based internet providers EFTel Ltd and iiNet Ltd today announced plans to launch innovative broadband services, designed to help them take market share from the incumbents, led by Telstra.
It's been a bumper day for capital raisings on the Australian Securities Exchange, with six Western Australian mining and mineral services companies in the midst of raising $250 million in additional funding.
In a week where three Western Australian resources companies made their debuts on the Australian Securities Exchange, Leederville-based gold explorer Midwinter Resources NL has come out on top - up 72 per cent on its offer price.
Applecross-based engineering services giant Monadelphous Group Ltd has secured new construction projects worth around $180 million, the comapny has announced.
Consolidated Minerals Ltd bidder Pallingurst Resources Ltd has maintained the heat on rival bidder Palmary Enterprises by providing "prima facie evidence" that Palmary president Gennadiy Bogolyubov and Igor Kolomoisky are business associates.
Leederville-based iron ore explorer Cape Lambert Iron Ore Ltd has acquired three tenements adjacent to its namesake project for $4 million in cash and scrip, the company has announced.
View Resources Ltd has suspended its shares amid speculation of a $10 million placement, roughly equal to 10 per cent of its current market capitalisation.
Ukrainian group Palmary Enterprises Ltd has denied having an interest in a mystery 8.1 per cent stake in takeover target Consolidated Minerals Ltd, which has been linked in press reports to a business partner of Palmary president Gennadiy Bogolyubov.
West Perth-based mineral explorer EnviroGold Ltd has closed its $16 million capital raising oversubscribed and two weeks ahead of schedule, the company has announced.
Perth-based commercial property investor Aspen Group Ltd's Aspen Parks Property Fund has acquired eight caravan parks in South Australia, Victoria and New South Wales for a combined $54.6 million, the company has announced.
Osborne Park-based Fairstar Resources Ltd has hit back at a claim by its takeover target, Leederville-based gold explorer Golden West Resources Ltd, that the company had failed to outline tax consequences for shareholders accepting the offer.
Patersons Securities Limited has announced plans to establish a funds management division, joining other stockbroking firms such as Euroz Securities and Argonaut Securities in making this move.
ARC Energy is standing by its plan to pursue a $1.1 billion merger with Anzon Australia Ltd despite attempts by one of its biggest shareholders, Clive Palmer's Mineralogy Pty Ltd, to oust the current board and scrap the merger.
West Perth-based gold and base metals explorer Shield Mining Ltd will not exercise an option to earn in on projects in Madagascar held by Canada-based Majescor Resources Inc, the company has announced.
Ukrainian billionaire Bogolyubov business partner Kolomoisky is behind a big stake in ConsMin bid; New valuation on Coles lifts Wefarmers' hopes; BHP calls for new trading system for iron ore; Nolin quits Gage Roads; Como pub put on the market.
Another long-established mining services player is taking the leap on to the Australian stock market, with Southern Cross Electrical Engineering Ltd embarking on a $58.8 million capital raising next week.
Mezzanine debt markets may be considered an unusual playground for a Perth-based start-up, but when you have the expertise and you want to live in Western Australia, innovation is required.
