Millennium Minerals has secured a $17.5 million loan facility with Investec to fund an expansion of the company’s Nullagine gold project in the Pilbara.
Avita Medical has tapped investors for $16 million as the company prepares to launch its spray-on burns treatment, which was co-developed by medical entrepreneur Fiona Wood.
Western Australia has recorded its first year-on-year economic growth in more than four years, while the national economy expanded 1 per cent in the March quarter, official figures show.
Global Construction Services has moved to full ownership of its fast-growing east coast subsidiary, Gallery Facades, through a scrip deal worth up to $11.3 million.
New vehicle sales in Western Australia have risen for a fifth straight month, according to the latest data from the Federal Chamber of Automotive Industries, with growth driven by SUVs and light commercial vehicles.
Western Australia’s largest health insurer HBF and east coast counterpart HCF have ended discussions regarding a planned merger but neither has clearly explained the reasons.
Wangara-based Shorewater Marine has won a $4.9 million contract to replace facilities at Hillarys Boat Harbour and build new boat pens at Two Rocks Marina.
Gang Xu has resigned as non-executive director of RMA Energy. The company has appointed ZhiHong Chen as his replacement. Mr Chen was RMA’s senior exploration geologist from 2010 to 2015.
AMEC Foster Wheeler Australia has been appointed as study engineer for a pre-feasibility study at Barra Resources and Conico’s Mt Thirsty joint venture project near Norseman.
Marine logistics company MMA Offshore has secured a three-year contract to charter one of its vessels with a subsidiary of UK-based contractor Subsea 7.
The federal government has rejected a mining exploration program by Perth-based CI Resources on Christmas Island that would have extended the company’s existing phosphate operations by up to 10 years.
Cash Converters International has boosted its coffers with a $39.5 million capital raising, with the proceeds set to strengthen the company’s balance sheet and be used to reduce debt.
Two junior explorers have announced capital raisings today, with aspiring gold miner KIN Mining tapping investors for $11.3 million while Nzuri Copper has raised $6 million.
Norway-focused Koppar Resources has begun trading positively on its debut on the ASX today, after the company raised $4.5 million via an initial public offering.
The University of Western Australia has moved into the top 200 of the Centre for World University Rankings list, while Curtin University also jumped 135 spots in the latest annual results.
Shares in local tech company Family Zone Cyber Safety rose today after the company said it has signed sales agreements with two major telecom providers in India.
A group of dissident shareholders at Empire Resources is seeking a board overhaul after requesting a general meeting to remove its three directors, including managing director David Sargeant.