Agribusiness TFS Corporation remains optimistic about its business despite the loss of confidence in the managed investment scheme market, as it today reported a slump in first half net profit.
Explorer Sandfire Resources has unveiled a $65 million capital raising to continue exploration and study efforts at its Doolgunna copper-gold project in Western Australia.
Perth-based IT specialist company Datamotion Asia Pacific has successfully prosecuted the first of a series of defamation actions brought about by postings on stock market discussion forum, HotCopper.
THE recent knockdown of the Australian share market has prompted some listing aspirants to pull their initial public offerings and wait for a more favourable market.
West Perth-based IP outfit ipernica says it could generate $50 million a year from government agencies in Australia after subsidiary NearMap licenced its Google Earth-like services to the City of Swan.
Shares in Neptune Marine Services have risen after the company said activity levels were picking up, as it today reported a $296,000 loss for the half-year.
Gindalbie Metals and Ansteel have signed another joint venture agreement to target new resource development opportunities in Australia outside of the $1.8 billion Karara iron ore project in the Mid West.
Clough's push to become a major player in the oil and gas services sector has ramped up after it announced today it was set to take a controlling stake in Forge Group for up to $98 million.
Civil and mining contractor Brierty has today reported a 52 per cent drop in its first-half net profit as Fleetwood Corporation managing director Bob McKinnon prepares to take over from Harvey Collins when he steps down from Brierty's board.
Law firm Corrs Chambers Westgarth has boosted its M&A capability in its Perth office with the appointment of three partners, including Robert Franklyn, from Middletons.
Financial planning firm Plan B Group Holdings is optimistic about the remainder of the current financial year after it today reported a 31.8 per cent lift in its first-half net profit.
A national small business council has today endorsed the federal government's plan to increase the bankruptcy threshold, saying it will make it easier for businesses to recover debts.
Perth-based Cash Converters International says it is on track to meet its full-year profit forecast of $21 million after it today booked a 26.8 per cent increase in its half-year net profit.
Rio Tinto has started production at its $US901 million ($A999.3 million) Mesa A/Warramboo iron ore mine in the Pilbara, three years after a rare microscopic spider threatened to halt the development.
Aspen Group has returned to the black with the property developer and funds manager today reporting a net profit of $12.9 million for the first half of the 2010 financial year.
One-off impairment charges and a slow down in drilling activity overseas has weighed on Imdex's bottom line with the drilling services company today reporting a net loss after tax of $24.6 million.
A strong contribution from the Dampier to Bunbury gas pipeline has helped to lift investment fund manager DUET Group's interim earnings out of the black to a net profit of $94.5 million.
Perth businessman Bruce Drummond has lost his bid to recover nearly $5 million he lost in the collapse of Opes Prime from Perth stockbroking firm Euroz Securities.
Restructuring costs and a decline in product sales have affected the financial performance of minerals testing company Essa Australia, which today reported a slump in interim underlying profit to $30,000.
Miner Straits Resources has recorded a first-half profit of $10.1 million, boosted by the final payment for the sale of its majority interest in a company to a Thai entity.
Nickel miner Minara Resources says it expects to book a profit of $48.5 million for calendar 2009 on the back of higher revenue and a drop in production costs.
An option for the Chamber of Commerce and Industry WA to pursue damages from striking workers at the Pluto project remains open as the Federal Court again extended an interim injunction today.
Shareholders of collapsed business Brainytoys will next month vote on a recapitalisation deal struck between the Perth toy company's administrator and Faldi Ismail's Romfal Corporate.
Media mogul Kerry Stokes has injected $7 million into explorer Iron Ore Holdings as investigations continue over the possible acquisition of its Iron Valley project by Rio Tinto.
