Leederville-based gold explorer Golden West Resources Ltd has recommended its shareholders take no action on a takeover proposal by Osborne Park-based Fairstar Resources Ltd, saying the bid "materially undervalues" the company.
Australian wealth world's strongest; Briggs offload Westralian shares; Woolies blocked from buying Kmart; Bogolyubov reveals he will fund ConsMin takeover with spare cash; Investors demand overhaul of shareholder meeting voting system.
West Perth-based Ashburton Minerals Ltd's Brazilian subsidiary Trans Pacific Gold Mineraçao Ltda has won the right to acquire an 80 per cent stake in ten gold tenements for under $1.2 million, the company has announced.
Welshpool-based mining and earthmoving contractor NRW Holdings Ltd has been awarded three contracts worth a combined $24.5 million on Rio Tinto projects in Western Australia, the company has announced.
West Perth-based Albidon Ltd has engaged the Zambia branch of Byrnecut Mining International Ltd as the mining contractor for its Munali Nickel Project under a three year contract, the company has announced.
Subiaco-based Natural Fuel Ltd has signed a letter of intent for a long-term offtake agreement with GEM BioFuels Plc for the supply of crude jatropha oil as a feedstock for its Singapore biodiesel facility.