Fox Resources says it has received pre-bid acceptance commitments of nearly 19 per cent, several days after proposing a takeover bid for junior Hannans Reward.
Albidon shares have been placed in a trading halt as it scrambles to secure final funding approval from senior lenders and unsecured creditors or be placed in voluntary administration.
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Western Areas chairman Terry Streeter will miss the official opening of the company's concentrator tomorrow as an 18-day trial with unrelated business Western Areas Exploration begins.
The state opposition has called the plan for local council amalgamations a "complete farce" after Premier Colin Barnett said the Peppermint Grove council should be exempt.
Nearly four months after being voted out of Atlas Iron, former chairman David Nixon has been appointed to the board of Brockman Resources as a non-executive director.
Global Construction Services has raised an additional $630,400 through its share placement and expects to receive a tax refund of $3.15 million after taking advantage of tax consolidation legislation.
Verve Energy has accused the North West Shelf joint venture of "unconscionable conduct" after the partners allegedly hiked up gas prices following the Varanus Island explosion last year.
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West Perth-based Otto Energy plans to raise $35 million with the majority underwritten by Euroz Securities and funds to be applied to the repayment of shareholder and director loans.
Paladin Energy has agreed to invest some $500,000 into junior explorer NGM Resources, which it says will kick-start its previous work on its Niger uranium projects.
The chairman of embattled nickel miner Albidon has warned the company may have to call in administrators on Monday if approval for a much needed funding deal does not come through.
Business confidence in Western Australia has dropped to a record low with almost 75 per cent of firms believing economic conditions will deteriorate further in the next year, a new survey by the Chamber of Commerce and Industry WA has found.
Premier Colin Barnett says he is prepared to commit up to $678 million towards the $4 billion Oakajee port and rail development if the federal government does not provide funding from its Infrastructure Australia fund.
Chevron will become the first user of a $35 million service and supply base at the Australian Marine Complex at Henderson following state approval for the project.
Shares in Mirabela Nickel have climbed higher after the company announced it has completed a $140 million capital raising in Canada with funds to be applied to its Brazil project and repayment of debt.
One of the country's largest employer groups says the Senate's change to the small business threshold to 20 is both reasonable and necessary and should be accepted by the government.
WA-based the Feral Brewing Company last night won five trophies at the Australian International Beer Awards, racking up half of the 10 trophies won by the nation at the world's second largest international beer competition.
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The Terry Streeter-backed Fox Resources has launched a $6 million all-scrip takeover of junior explorer Hannans Reward to increase its spread of iron ore and nickel assets in Western Australia.
A state government report has proposed two options for upgrading Barbagallo Raceway, which Sport and Recreation Minister Terry Waldron says offers a better strategic direction for WA motorsport than a street circuit.
The state government is expected to formally approve the $3.5 billion Oakajee port and rail project that is vital to mining developments in the Mid West region.
Junior iron ore producer Atlas Iron has signed the last of its available iron ore into a long-term offtake agreement with an unidentified Chinese steel mill.
Mirabela Nickel has cleared one hurdle in its bid to raise some much needed funds, with a planned $182 million capital raising receiving shareholder approval today.
