Nedlands-based investment company Oceanic Uranium Fund Ltd will raise $50 million in its initial public offer, raising funds to pursue investments in the uranium and broader energy sectors, the company has announced.
South Perth-based gold explorer Oropa Ltd will secure a 90 per cent stakes in two uranium exploration projects in Malawi through the establishment of two independent joint venture companies with the current holders, the company has announced.
West Perth-based Antares Energy Ltd's planned acquisition of a 55 per cent stake in the Group A acreage of its Kenedy Ranch properties will not proceed after the project vendor terminated its offer.
Spending on mineral and petroleum exploration in Western Australia rose by 39 per cent to $839.2 million in the 2006-2007 financial year, accounting for nearly half of the nation's total, according to the Australian Bureau of Statistics.
The Carbon Neutral program run by community organisation Men of the Trees has won the 2007 WA Environment award at a showcase honouring individuals, community groups and businesses who have shown outstanding achievement in protecting the environment.
WA politics reclaimed the spotlight this week as Upper House MP Shelley Archer quit the ALP. Meanwhile both federal parties launched their campaigns, Foreign Affairs spokesmen were in furious agreement and our expats started voting.
One week after Brazilian mining giant CVRD Inco agreed to fund further studies on Heron Resources' Kalgoorlie nickel project, Heron has done a deal with Australian mining giant BHP Billiton to raise extra capital for a second nickel project.
West Perth-based Straits Resources Ltd subsidiary Straits Asia Resources Ltd has signed a debt financing agreement worth around $257 million to part fund its purchases of additional mine concession areas in Indonesia, the company has announced.
West Perth-based uranium explorer Atomic Resources Ltd's Tanzanian subsidiary has signed a memorandum of understanding with the National Development Corporation to explore two coal fields in southern Tanzania.
Australian stockbroker Patersons Securities Limited has announced that Rod Evans, Shaun Duffy and David De Loub have joined the firm to head up the newly created Patersons Capital Partners.
Goyder warns of big tab for Coles chief; $6bn man: Twiggy joins big league; Woodside takes $2.6b hit after production cut; Tables turn with talk of Oxiana bid for Zinifex; UBS grabs 5% of Rio to complicate BHP bid.
Education services company IBT Education Ltd today won shareholder approval to change its name to navitas, through the proposal did attract a sizeable protest vote.
Subiaco-based Yilgarn Mining Ltd will change its name to Brockman Resources Ltd after securing shareholder approval at the company's annual general meeting yesterday.
The third quarter profits of West Perth-based Straits Resources Ltd subsidiary Straits Asia Resources Ltd have fallen to a third of 2006 levels after a force majeure and abnormal rainfall, the company has announced.
The State Government will introduce a bill establishing Extended Producer Responsibility Schemes, where producers of consumer goods could be required to establish recycling programs for those goods, Environment Minister David Templeman has announced.
Perth-based exploration company United Minerals Corporation Ltd has signed a joint venture deal with Norsk Hydro subsidiary Hydro Aluminium AS to establish a bauxite reserve capable of supporting an alumina refinery.
State-owned electricity generator Verve Energy has been selected to supply electricity to Gindalbie Metals' Karara iron ore poject, making it the winner of Western Australia's biggest contested electricity contract in more than a year.
South Perth-based energy company Aviva Corporation Ltd has appointed Citigroup Global Markets Australia Pty Ltd to advise on ongoing development of, and acquisitions for, its integrated energy projects, the company has announced.
One month ago, WA Business News published an in-depth report on Western Australia’s export boom, which highlighted the prominence of three giant resources sector producers.
FAMILY-OWNED business, MG Kailis Holdings Pty Ltd, has returned to the black with a net profit after tax of $4.8 million in the year to June 2007, following an extensive restructuring during the previ
State Scene remains apprehensive about the fact that Queensland’s multi-millionaire Rudd family is headed for Australia’s two most prestigious addresses – Kirribilli House overlooking Sydney Harbour and The Lodge in the heart of Canberra.
Fresh from its acquisition of Queensland-based transportable homes builder, Halley Homes in September this year, Nomad Building Solutions Ltd has another takeover target firmly in its sights.
Prof Li Jinghai, vice-president of the Chinese Academy of Sciences, to speak at an Australia Israel Chamber of Commerce luncheon on Chinese innovation, November 16 a the Burswood Entertainment Complex
Gina Rinehart and Andrew Forrest, despite their obvious differences, have two characteristics in common – they both enjoy taking BHP Billiton and Rio Tinto to court over railway access and other matters.
Engineering and project delivery firm, Sinclair Knight Merz, will open a custom-designed safety training centre costing more than $1 million at the Perth domestic airport business precinct early next year
The State Government has fined exploration companies Golden West Resources and Hancock Prospecting after an industry review uncovered "widespread environmental and regulatory breaches".
West Perth-based uranium explorer Energy Metals Ltd aims to raise around $5 million through a non-renounceable rights issue to fund exploration of its tenements in the Northern Territory and Western Australia.
West Perth-based energy company Wasabi Energy Ltd has taken a 12.5 per cent stake in geothermal energy company Greenearth Energy Ltd for $250,000 ahead of its initial public offer, the company has announced.
Scotland-based oil and gas services company TSMarine Pty Ltd has become a foundation member of the Emirates Western Force's new sponsorship category, the Tight Five, the team has announced.
