Galena Mining has raised $20 million from investors after wet weather conditions and technical issues caused delays in the ramp-up period for its Abra base metals mine.
A $1 billion proposal to develop an apartment complex at the former Perth Girls School site will be considered by one of the state government's redevelopment committees next month.
The development will include 742 dwellings, including 100 affordable housing units, across four towers of up to 36 storeys, retail and entertainment districts.
Australian Development Capital (ADC_) has added to its property portfolio with the $22 million acquisition of a three-storey office building, leased to NRW Holdings.
Rich-lister Tim Roberts has achieved a pyrrhic victory against law firm Clayton Utz, after his aircraft leasing business claimed $US37 million ($A54 million) because of negligent advice.
Tim Roberts, whose estimated net worth varied wildly in three recent rich lists, has stepped away from the public limelight by resigning from the board of ASX-listed Mineral Resources.
A private syndicate of local investors led by Australian Development Capital has contracted to acquire a state government site in East Perth where it plans to develop a town centre with residential, retail, office accommodation and community space.
The appointment of investment banker Michael Ashforth as manager of the Bennett family's $1.5 billion fortune highlights the maturing of Western Australia's private wealth market.
