Metals X looks set to succeed in its long-running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $103 million.
Gold has risen as a retreat in the US dollar helped to tempt back some buyers after the previous session's 1.3 per cent slide, but moves were muted ahead of a Federal Reserve policy meeting this week.
US stock prices have fallen due to weaker oil prices and disappointing company results, while the dollar has retreated on profit-taking ahead of central bank policy meetings in the United States and Japan later this week.
Blackburne has become the latest developer to buy into LandCorp's Claremont on the Park, unveiling a plan to build 123 apartments and 1,950 square metres of commercial space on one of the landmark
Technology investor and company director Gavin Rezos has been appointed chairman of Sydney company Resources & Energy Group, which has just bought a small gold project near Southern Cross.
Several recent high-profile cases of questionable corporate behaviour that have come to light here, and around the world, have a common element – whistleblowers.
Mirvac Group has shifted its strategy to reflect the nature of Perth's patchy apartments market, rolling out more affordable dwellings at its Leighton Beach and Claremont projects instead of multimillion-dollar luxury apartments.
Pindan Capital is banking on its east coast expansion to bring investment back to Western Australia, following the purchase of two Sydney development sites.
Western Australian distillers took home the majority of awards handed out at the 2016 Australian Distilled Spirits Awards last night, with Albany's Limeburners crowned as distiller of the year.
The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt-for-equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.
A local company which usually services the offshore oil and gas sector has won a contract to supply its technology to the Columbia Power Corporation for construction work on a dam in Canada.
Shares in oil and gas explorer 88 Energy have surged after the company completed an oversubscribed $25 million capital raising to fund ongoing work at its Icewine project in Alaska.
Oil prices have slipped as producers hinted at more output, while US stocks had their first loss in four sessions after a mixed bag of earnings reports.
Wall Street has suffered its first loss in four sessions after a mixed bag of quarterly reports and a warning by Verizon Communications that a strike by workers would likely impact its bottom line
