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Mining

Broad to build 22-level Alluvion office tower

Joint venture partners Charter Hall and Cape Bouvard Investments have appointed Broad Construction Services to construct the new 22-level Alluvion office tower in the Perth CBD.

Summit offloads QLD tenements

Subiaco-based Summit Resources Ltd has entered into an agreement with unlisted UK company MM Mining Plc for the farm out of 80 per cent of Summit's interest in a number of tenements in North-West Queensland.

Troy Resources prepares to dual-list in Canada

West Perth-based gold miner Troy Resources NL has lodged a preliminary prospectus in Canada ahead of its intended listing on the Toronto Stock Exchange.

Clough appoints Deloitte, takes first step into Vietnam

Engineering and construction company Clough Ltd has appointed Deloitte Touche Tohmatsu as its new auditor, replacing PricewaterhouseCoopers.

Territory lifts Olympia stake to 19.7%

Michael Kiernan's Territory Resources Ltd has firmly put its foot on mineral sands company Olympia Resources Ltd by lifting its stake from 14.0 per cent to 19.7 per cent.

Western Australia opens up to geothermal energy

New legislation that will pave the way for a geothermal industry in Western Australia has been passed by both Houses of State Parliament.

National: ABARE downgrades commodity exports forecast

Australian commodity export earning are forecast to increase by 1 per cent to more than $140 billion in 2007-08, according to the latest Australian Bureau of Agriculture and Resource Economic's Australian Commodities publication.

Emu Nickel to launch $20m IPO

West-Perth based Emu Nickel Pty Ltd is looking to raise up to $20 million through an initial public offer to fund its nickel mining aims.

Midwest up, Murchison down on takeover updates

Shares in takeover target Midwest Corporation Ltd rocketed 12 per cent higher today after the company disclosed that it was in discussions with "parties interested in pursuing corporate transactions".

Artemis completes $4m placement

West Perth-based resource investment and exploration company Artemis Resources Ltd has raised $4 million to grow its diversified portfolio of prospects in Western Australia and Africa.

Comings & goings

Breakaway Resources Ltd - Grant Mooney has resigned as joint company secretary. Comdek Ltd - Michael Hunt has been appointed as non-executive chairman.

Visiting WA

Mike Hood – CEO of CRC Mining and head of the University of Queensland’s mining program; Frank Roxborough – professor emeritus, University of NSW; Bernhard Schimm – product manager for surface mining,

Open debate is a healthy sign

When Coogee Chemicals boss Gordon Martin addressed a WA Business News breakfast last month, he said one of his golden rules was that there was no room for politics in running a business.

ATN Conference

Curtin University of Technology is hosting the tenth annual Australian Technology Network of Universities Conference from January 29 to 31 at the Perth Convention & Exhibition Centre.

Case study: Local focus pays off for Minetec

With more than 25 years’ experience in the field, founder and managing director of mining communication specialists Minetec Communications, Greg Anderson, believes his company will reap the benefits of the state’s mining boom for a considerable time to co

Expansion at Envirogold

Envirogold Ltd is preparing for the commencement of construction of its 70 per cent owned Las Lagunas gold project in the Dominican Republic by making several management appointments.

Mariner takes 5.3% stake in Gryphon

International funds manager Mariner Financial Ltd has acquired 5.3 per cent of the issued capital of Perth-based mineral exploration company Gryphon Minerals Ltd.

Lonrho raises $4m ahead of AIM listing

West-Perth based diamond exploration and development company Lonrho Mining Ltd has successfully raised almost $4 million through the placing of 14 million fully paid ordinary shares at 28 cents per share to a number of significant European based instituti

Golden State subsidiary launches uranium IPO

Subiaco-based Golden State Resources Ltd's partly-owned subsidiary White Canyon Uranium Ltd is looking to raise up to $19.5 million though an intitial public offer to fund the exploration and development of its United States uranium projects.

Brockman raises $8m for iron ore project

Subiaco-based mineral explorer Brockman Resources Ltd has raised $8.14 million via the placement of 7,750,000 shares at $1.05 per share, predominantly to domestic and international financial institutions.

Halcyon launches capital raising

Emerging Perth-based nickel producer Halcyon Group Ltd has announced a non-renounceable rights issue to raise funds for working capital and development of its Canegrass Nickel Cobalt project in the North-Eastern goldfields.

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