THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
Newland Resources has announced plans for a $6.1 million capital raising to fund the acquisition of coal exploration tenements in the Bowen Basin in Queensland and repay a $700,000 loan.
Perth-based Newland Resources has unveiled a "revitalisation" plan that includes three new major investors including Argonaut and Craig Burton, and a refocus on acquiring resource projects.
WHILE junior explorers dominated the 10 best-performing Western Australian stocks last financial year, was there a defining characteristic that bound together the worst performers for the year? A lack of scale would seem to be one possibility, with the 10
THE roll call of Western Australian businesses directly affected by the global credit crunch grew suddenly during the past week, with several listed companies changing their plans in response to the meltdown on Wall Street.
The continued market volatility has claimed another potential acquisition with Newland Resources Ltd scrapping plans to acquire stakes in two companies that hold iron ore and petroleum projects.
Perth-based uranium company Newland Resources Ltd has rejected allegations by Subiaco-based Summit Resources Ltd that it knowingly breached duties to it by signing a deal with former Summit chair Alan
Perth-based uranium company Newland Resources Ltd has rejected allegations by Subiaco-based Summit Resources Ltd that it knowingly breached duties to it by signing a deal with former Summit chair Alan Eggers.
Subiaco-based Summit Resources Ltd has mounted legal action against its former managing director, Alan Eggers, and Newland Resources Ltd over a joint venture agreement signed between the two companies.
Perth-based minerals explorer Newland Resources Ltd has flagged a potential reorganisation of the company's businesses, including listing its UK operations on London's Alternative Investments Market.
Have successfully negotiated to purchase the remaining 5% interest in Resources Services Ltd and Resources Services (BVI) Ltd for the issue of 9 million ordinary fully paid shares
