Three directors of takeover target Firestone Energy have resigned, leading to the withdrawal of a shareholder meeting requisition by bidder Waterberg Coal Company.
Iron Road has shrugged off uncertainty in the iron ore sector, going ahead with plans to raise $50.7 million to complete a feasibility study at its Central Eyre iron ore development in South Australia
As the slowdown in mining and exploration starts to bite across mining and related industries, company executives are faced with a choice of tightening their belts or letting them out.
Car dealer network Automotive Holdings Group has added Mazda to its stable of WA dealerships, with the acquisition of Jason Mazda in Osborne Park for $13 million.
Diversified explorer FairStar Resources has secured $260 million in project finance, which will cover 80 per cent of the development cost of its Steeple Hill iron project in the eastern Goldfields.
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
Oil explorer Jupiter Energy has secured $US9 million through the issue of convertible notes to repay debts and continue development of its Akkar East oil field in Kazakhstan.
US-focused oil and gas junior Sundance Energy has raised $48.1 million through a share placement, to fund development of its shale gas and conventional oil acreage in Texas and Mississippi.
OM Holdings has announced a plan to raise $24 million to fund continued development at its OM Sarawak manganese and ferrosilicon smelting project in Malaysia.
Austbrokers Holdings has expanded its insurance underwriting agency business with the purchase of majority shareholdings in Perth-based Lawsons Underwriting Australasia and Melbourne-based Guardian Un
Former CITIC Pacific Mining chairman Dongyi Hua has paid $15 million to take a controlling 40 per cent stake in struggling engineering and construction contractor VDM Group.
Peet chairman Tony Lennon has lifted his interest in the land development company to 21.4 per cent after participating in a special placement tied to its takeover of east coast property company CIC Au
Subiaco company Kairiki Energy has cancelled a $12 million right issue that was “partially and conditionally” underwritten by Patersons Securities, after failing to achieve its minimum subscription am
The Wyllie Group has realised a big profit on its six-year investment in Amcom Telecommunications, selling half of its total holding in the listed Perth company.
Embattled lithium producer Galaxy Resources has announced a deeply discounted $47 million rights issue to give the company a much needed cash injection.
