Western Australia's gold producers continue to suffer at the hands of a strengthening Australian dollar, with more job losses revealed across the sector last week.
Sino Gas & Energy Holdings has signed a term sheet with Macquarie Bank for a US$50 million loan, which will be used to support its joint venture entity's working interests in the Linxing and Sanjiaobei production sharing contracts at the Ordos Basin in China.
After 20 years in the stockbroking business, Simon Lyons stepped away from equities to enter the fixed income sector as a director of specialist group FIIG, offering an alternative for investors and an option to bank finance for business.
Kresta Holdings' major shareholder, China-based Aplus, has outlined plans to acquire the Malaga-based company just six months after buying a large interest in the group.
Perth-based explorer Gold Road Resources has raised $10 million through a share placement to institutional investors as it looks to undertake further drilling at its Gruyere prospect east of Laverton.
Troy Resources will tap the market for about $38 million through a placement and share purchase plan to fund development at its West Omai gold project in Guyana.
Perth-based junior Mutiny Gold has launched plans to raise $4.1 million towards drilling at its Deflector copper-gold project in the Midwest, including a $1.5 million share placement to preferred mining contractor Ausdrill.
Nickel producer Western Areas has upgraded its production guidance and lowered its forecast cash costs amid hopes of an improvement in the persistently soft nickel price.
SPECIAL REPORT: The past 12 months have been tough for WA's corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
Shares in Perth-based oil and gas explorer Kinetiko Energy have tanked after the company emerged from a trading halt with news of a heavily discounted share placement.
Sino Gas & Energy has taken advantage of a strong rally in its share price, reaching an agreement to raise $53 million at 20 cents per share, to progress development of its coal seam gas assets in China's Ordos Basin.
MZI Resources has completed a $5 million equity raising, with international private equity group Resource Capital Fund boosting its stake in MZI to just less than 15 per cent.
Perth-based stockbroking firm Hartleys has largely maintained its profitability in challenging conditions - a feat that few, if any, of its competitors managed to achieve in the 2013 financial year
The past year has been tough for listed WA companies looking to raise funds but a lift in activity during the past three months has the industry cautiously optimistic.
Perth investment house Argonaut has seen its annual profit and revenue drop following what it described as a period of substantially reduced activity in equity capital markets and mergers and acquisitions.
Perth based mineral sands miner MZI Resources announced today that Argonaut Capital has agreed to underwrite the company's $3 million share purchase plan.
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
Investor Craig Burton and Navitas executive Scott Jones have backed a restructurting at Verus Investments, which has announced a capital raising and a new managing director to support its oil &
WITH a sharp slump last year in the number and value of stock market floats, and little sign of a recovery, more emerging companies will likely pursue a backdoor listing.
THE Australian Securities Dealers Association has criticised new Commonwealth regulations that prevent 450 financial service businesses from paying standard brokerage fees to their advisers.
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
EXPERIENCED resources investment bankers Neville Gardiner and Jeremy Carlberg are preparing to launch a new corporate advisory outfit in Perth called Torridon Partners, adding further diversity to
Uranium explorer Bannerman Resources has announced that it has received subscription commitments for an $8.2 million share placement, with funds going to complete its feasibility study on its Entan
Perth-based stockbroking and investment house Argonaut is expanding its reach to alternative capital markerts in Asia, with the launch of its first office in Hong Kong.
Stockbroking firm Hartleys has joined most of its industry peers in recording a bumper profit increase for the year to June 2011, a result that is unlikely to be matched in the current financial ye
Perth-based stockbroking and financial services house Argonaut says it is about to embark on a period of significant expansion after reporting a record 142 per cent increase in pr
Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.
STOCKBROKING is widely perceived to be a lucrative trade, and that is certainly true for the smarter operators, but what is even more interesting is the highly varied performance of major broking firms in Perth.
Equatorial Resources has announced plans for an institutional placement to raise $25.6 million to accelerate the company's drilling and exploration activities in the Republic of Congo.
Stockbroking and investment banking has proved lucrative for local players Hartleys and Argonaut which both delivered pre-tax big gains for the year ending June 30.
Publicly listed agricultural property investment company, The Ark Fund, has announced a $55 million capital raising and an implementation agreement to effect its merger with private managed investment scheme player Rewards Group.
PERTH investment banking group Argonaut has sold a 20 per cent stake in the business to Apollo Asia Opportunity Master Fund, LP, and formed a strategic alliance with Apollo for its new merchant bankin
