Western Australia's Auditor General, Des Pearson, has released a highly critical report of payouts to former executives of energy utility Western Power.
Crescent Gold Ltd is one step closer to gold mining at its Laverton operation, securing project financing of $25 million to fund an end-of-year start-up.
Perth-based gold and base metals miner Westmag Ltd will change its name to Latin Gold Ltd, which the company says will better reflect its focus on mining in Peru and Chile.
Subiaco-based chrome explorers Chrome Corporation Ltd has launched a pro-rata renouncable rights issue to raise $2.3 million to complete due diligence of the company's acquisitions.
Perth-based drilling products and services group Imdex Ltd has announced a 91 per cent profit increase to $8 million for the 2005-06 financial year, with the increase helped by two non-operational adjustments.
West Perth-based Overland Resources Ltd and Leederville's Blackham Resources Ltd both launched their inital placements today, aiming to raise funds for exploration of various projects.
Melbourne-based investment property manager Wentworth Holdings Ltd has completed a capital raising of over $12 million, to complete contracted acquisitions, budgeted for but as yet unannounced.
Former WorleyParsons metals and minerals division head David Richardson will become managing director of Welshpool-based sustainable water and power company Solco Ltd in the company's latest refinancing plan.
Perth-based internet service provider iiNet will raise approximately $2.6 million through the issue of shares to Sydney-based communcations services provider PowerTel Ltd to give it a stake of more than 13 per cent.
Welshpool-based sustainable water and power company Solco Ltd has sold its remaining 19 per cent shareholding in Solco Europe Lda, based in Portugal, for around $300,000.
Former Lions Cancer Institute Inc medical director Bruce Gray has quit the chair of cancer treatment developer Sirtex Medical Ltd, after the company sought a cross-claim against him in an upcoming Federal Court action.
Applecross-based engineering service provider Monadelphous Group Ltd has announced a net profit for the 2005-06 financial year of $29.4 million, up 76 per cent from the previous corresponding period.
Nedlands-based pharmaceutical company Pharmaust has initiated court proceedings against pharmaceutical wholesaler Advance Healthcare Group following its tumultuous annual general meeting.
Breakaway Resources Ltd has finalised its acquisition of LionOre Australia Ltd's nickel assets, and will commence exploration across its entire portfolio shortly.
The median house price has officially jumped 34 per cent in the past year to $395,000, with Burswood enjoying the greatest annual rise for established homes at 91.4 per cent to $732,500.
Leederville-based mining company Graynic Metals Ltd has arranged a private placement to raise up to $1.1 million for exploration of its Quartz Circle deposit in the Eastern Pilbara.
Kwinana-based Coogee Chemicals Pty Ltd confirmed it is advanced negotiations with Victorian crop chemicals firm Nufarm Australia Ltd, to acquire Nufarm's 80 per cent stake of two chlor-alkali plants in Kwinana and Kemerton.
Welshpool-based Advanced Nanotechnology Ltd anticipates increased revenue in the 2006-07 financial year after a supply agreement for its diesel fuel combustion improver Envirox was signed yesterday.
In what will be a geographical consolidation of assets for both companies, West Perth-based Rox Resources Ltd has sold its South African diamond projects to West Leederville’s Paramount Mining Corporation Ltd.
Perth-based wound care product developer Acuron Ltd has announced a non-renounceable entitlements issue to raise over $642,000 to provide working capital for the company.
Skywest majority owner CaptiveVision Capital Ltd, a subsidiary of Singapore based Advent Air Ltd, will compulsorarily acquire all outstanding Skywest shares after acquiring 90.4 per cent of issued shares in the company.
In what will be a geographical consolidation of assets for both companies, West Perth-based Rox Resources Ltd has sold its South African diamond projects to West Leederville's Paramount Mining Corporation Ltd.
Following the simultaneous commencement of trading on the Toronto Stock Eschange and London's Alternative Investment Market, Perth-based Mineral Securities Ltd platinum subsidiary Platmin Ltd closed up 5c on the TSX at close of trade on Friday.
After acquiring a 96.3 per cent interest in the company, West Perth-based copper producer Straits Resources Ltd will offer one Straits share for every 7.5 shares held in its NSW copper interests spinoff, Tritton Resources Ltd.
One day after winning a contract for Woodside's North-West Shelf Venture, Malaga based scaffolding and form-work supplier PCH Group Ltd will supply scaffolding and formwork to a major pharmaceuticals plant in Singapore.
Como-based land development company Port Bouvard Ltd will purchase another 17ha in Dawesville for almost $3 million, subject to the approval of the WA Planning Commission.
Worley Parsons' BioVision 2020 consortium has been named the successful bidder for the $80 million Mindarie Regional Council waste management project, the largest in Western Australia.
West Perth-based mining company Ottoman Energy Ltd has gone into a trading halt, preparing for an announcement relating to the acquisition of oil rigs.
The first deal between HBF and the Bank of Queensland since the two companies signed a deal in April has been announced, with HBF members to be offered home loans towards the end of the year.
