Shares in Canada-focused coal developer Coalspur Mines surged after the company announced it had received a $15 million takeover proposal from KC Euroholdings.
Coalspur Mines has announced a major strategic review, including the potential sale of its flagship Vista project in Canada, or sale of the company as a whole.
Canada-focused explorer Coalspur Mines says it stands little chance of developing its flagship Vista thermal coal project in the near-term as tough equity market conditions threaten the company's ongoing viability.
Coalspur Mines has dumped Forge Group's still-active North American business as its preferred engineering, procurement and construction contractor, as the fallout from the failed engineering company's collapse continues.
Subiaco-based Paringa Resources has tasked a new leadership team with guiding the company, with founding directors David Griffiths and David Chapman stepping down from their respective roles as chairman and managing director.
Forge Group's newly acquired US-based subsidiary Taggart Global has been named preferred contractor for a $US221 million engineering and construction contract at the Vista coal project in Alberta,
A DECADE ago, engineering and construction contractor Monadelphous Group just made it into a listing of the state's 50 largest companies, with a market capitalisaton of $71 million.
THREE years ago, Xenolith Resources was bumping along the bottom of the performance tables, with shares rarely worth more than a few cents even before the chaos of the GFC.
Australia's resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.
