Delays in CVRD's giant Niquel do Vermelho nickel project in Brazil will have no material impact on the financial results of engineering contractor GRD Minproc, the company stated today.
Perth-based iron ore company BC Iron Ltd has launched its prospectus, aiming to raise $6 million for exploration of its iron ore assets, recently spun off from Alkane Exploration Ltd and Consolidated Minerals Ltd.
Nedlands-based information and technology company ISS Group Ltd has lodged a short-form prospectus with ASIC to support the issuing of 8.2 million shares to raise $1.5 million.
Corrective Services and Women's Interests Minister Margaret Quirk was scheduled to be appointed Small Business Minister this afternoon after the resignation of Norm Marlborough from the portfolio.
AWB International has used its veto power to reject a bulk export licence application from Co-operative Bulk Handling Group, protecting wheat growers delivering to the National Pool, while leaving WA wheat growers with few options.
Uranium remained the hottest sector in town last week, with shares in West Perth uranium company WildHorse Energy Ltd listing on the Australian Stock Exchange at more than two and half times its subscription price.
Perth-based copper company Sovereign Metals Ltd will raise $5.9 million through a shares and options offer to fund its involvement in a joint venture with Mount Isa Mines Ltd - Xstrata Copper.
Subiaco-based uranium exploration company Deep Yellow Ltd was the most actively traded stock on the ASX today, announcing its plan to raise $15.6 million through a non-renounceable entitlements issue.
Mount Gibson Iron Ltd has extended the closing date of its takeover offer for Aztec Resources Ltd to 5:00 pm WST on November 10, after announcing a five per cent increase of its share in the company.
Shares in West Perth uranium company WildHorse Energy Ltd have charged ahead to close at $1.08, 170 per cent up from its initial offer price of 40c, in an impressive ASX debut.
West Perth-based minerals explorer Prime Minerals Ltd aims to raise $2.2 million through its initial public offer to fund drilling at the company's WA uranium and gold projects.
West Perth-based gold explorer Alcaston Mining NL has announced a pro-rata renounceable rights issue to existing shareholders to raise around $1.7 million for a drilling program at its Fiji gold project.
Nedlands-based uranium explorer XState Resources Ltd, formerly Oriental Crystal (International) Ltd, has issued a prospectus to raise $6 million, funding a change in the company's direction.
South Perth-based gold explorer Mutiny Gold Ltd has issued a prospectus for options to existing shareholders, to be distributed on a basis of one for every two shares held.
Shares in squabbling iron ore companies Mt Gibson Iron Ltd and Aztec Resources Ltd jumped two per cent today on news of strategic stakes in both being taken by Hong Kong-based Shanghai Merchants Holdings Ltd.
BHP Billiton Iron Ore and Fortescue Metals Group have announced plans to build and refurbish homes in Newman, Port Hedland and South Hedland, to a combined total value of $182.5 million.
Alkane Exploration Ltd and the privately-owned Randolph Syndicate will combine their adjoining iron ore exploration tenements with Consolidated Minerals to form a new company, BC Iron Ltd, set to raise $6 million in its IPO.
Austereo's mix 94.5 has retained its title as Perth's most popular radio station, according the latest Neilsen Media Research radio ratings tables, with DMG Radio's Nova 93.7 sneaking into second place.
Serial business fixer Geoff Gander has stepped down from the board of Lindian Resources Ltd, formerly VPH Ltd, after the company closed a recapitalisation float oversubscribed at $1.6 million.
BHP Billiton Iron Ore and Fortescue Metals Group have announced plans to build and refurbish homes in Newman, Port Hedland and South Hedland, to a combined total value of $182.5 million.
Perth-based tin and nickel miner Stonehenge Metals Ltd has announced plans to raise up to $6 million through its initial public offer to acquire a series of mineral tenements.
West Perth-based satellite communications company Comdek Ltd has announced plans to recapitalise through a $1.6m share issue, after appointing receivers in February this year.
Aztec Resources Ltd has again recommended the rejection of a takeover bid from Mount Gibson Iron Ltd, after securing credit approval for a $100 million finance facility to fund development of the Koolan Island Iron Ore project.
Balcatta-based Burey Gold Ltd, formerly Mamba Resources Ltd, aims to raise $5 million for exploration of its Guinean gold interests through an initial public offer on the Stock Exchange.
The federal government has sought to allay community concerns about tree farms – which have increased by 20 per cent in five years in Western Australia to reach almost 400,000 hectares – releasing a report on the impact of timber plantations on farming co
North Perth fashion designer Aurelio (Ray) Costarella has unveiled a $2.2 million float to fund the promotion of his labels in the US, Europe and Asia through a company chaired by Patti Chong.
Mt Gibson Iron Ltd has claimed an equity deal struck by target Aztec Resources Ltd today with Australian Royalties Corporation Pty Ltd could actually make its takeover easier because the agreement was below the bid price.
The Federal government has sought to allay community concerns about tree farms - which have jumped 20 per cent in five years in Western Australia to reach almost 400,000 hectares - releasing a report on the impact of timber plantation.
Aztec Resources Ltd requested its shares be suspended from trade today, ahead of confirmation that rights negotiations with Australian Royalties Corporation Pty Ltd were positive.
