Strike Resources Ltd said today it is continuing negotiations over the sale of its Peruvian iron ore assets sale, in a deal that could be worth up to US$450 million.
Moly Mines has announced a major expansion of its Spinifex Ridge molybdenum/copper resource with an increase of more than 100 per cent in its resource tonnage results.
Peet Ltd has today announced its Peet Alkimos wholesale syndicate has settled on the purchase of a 243-hectare residential zoned property with 1.7km of ocean frontage within the Alkimos Eglinton project.
Vital Metals Ltd has today announced the finalisation of an Indigenous land use agreement (ILUA) with the Western Yalanji people over proposed mining at its Watershed Tungsten project in North Queensland.
Leederville-based specialist media company Aspermont has today announced a deal to acquire UK based Mining Communications Ltd for $18.8 million, as part of its global expansion strategy.
ASX-listed exploration company Westgold Resources has today announced a fully underwritten 1-for-4 pro-rata non-renounceable rights issue, at a price of 18 cents per share, to fund its Rover exploration program in the Northern Territory.
Internet service provider iiNet says the Rudd government's national broadband network will result in customers paying more, with fewer internet providers, if the current regulatory regime is not reformed.
In a statement today, Perth-based ship builder Austal Ltd said that"contrary to incorrect media reports over the weekend, Austal Ltd has not appointed Mr Bob Browning as Chief Executive Officer".
Sales of new homes by Western Australia's largest builders dropped 33.2 per cent in February 2008, following a 47.1 per cent jump in January, figures released today by the Housing Industry Association (HIA) show.
The State Government has launched a television and media advertising campaign aimed at increasing the number of apprentices and trainees in Western Australia.
ComputerCORP Ltd today announced an agreement to purchase Queensland IT firm Coretech for up to $4.2 million in staged cash and share payments over two years.
State Development Minister Eric Ripper today rejected a claim in The Australian newspaper that the State Government had decided that it would not permit Browse Basin LNG proponents to operate a single common-user LNG hub in the Kimberley.
Windimurra Vanadium Ltd today completed a $25 million capital raising, joining a handful of small and mid-cap mining companies thathave defied the market downturn to raise additional funds.
Incremental Petroleum Limited has announced that it has concluded the purchase all of a further 10 per cent equity in the Edirne licence in Western Turkey from one of its Turkish partners for US$1.5 million.
The Australian Competition and Consumer Commission has commenced proceedings in the Federal Court in Sydney against communications retailer Allphones Retail Pty Limited, which has allegedly breached the Franchising Code of Conduct.
Bentley-based commercial services and supplies company AnaeCo is conducting a site assessment as it looks towards expanding into the UK waste management market.
The RBA governor Mr Glenn Stevens delivered a speech this morning to Smart Capital 2008: The Euromoney Australian Financial Markets Innovation Congress in Sydney.
Burswood-based Wavenet International Ltd has announced the sale of its modem technology business for at least $2.15 million, with the potential for further payments.
West Perth-based property developer Cedar Woods Properties Ltd has reported a 67 per cent fall in net profit for the half year to December 31 2007, although the company maintains it is on track to meet a full year net profit of $20 million.
Exploration and development group, Focus Minerals Ltd has announced a substantial resource upgrade for its Countess Resource gold deposit in Coolgardie.
Unlisted company The Jeminex Group, a provider of industrial equipment to the resources sector, has purchased five new businesses raising its total number of acquisitions to seventeen.
Xstrata, the world's biggest exporter of power-station coal, has today annouced the termination of its talks on a potential merger with Brazilian steelmaker Cia.Vale do Rio Doce.
Silver Lake Resources Ltd has reached an agreement to buy Alloy Resources Ltd's Comet gold project and Kurrajong nickel prospects for a total of $1.575 million.
Atlas Iron has set a target of 120 to 180 million tonnes of Pilbra iron ore, after previously reporting its Pilbara tenements were prospective for a total of 30 to 40 million tonnes.
The use of debtor finance by Western Australian businesses recorded a rare drop in the December quarter to $1.3billion following five years of strong growth, the Institute for Factors and Discounters (IFD) of Australia and New Zealand has reported.
