Western Australian mining identity Tony Sage will chair the combined entity of Jackson Minerals and Scimitar Resources, which have unanimously agreed to merge.
Shares in Atlas Iron have risen sharply in early trade as the iron ore miner enters into a long-term off-take agreement for its Pardoo project in the Pilbara.
Exporters taxed to boost borders; Qantas ditches BA merger; Bang goes the west's boom; Jilted shipowners sue FMG; Fahour is pushed aside as Clyne takes reins at NAB
Fashion brand Costarella Design will go back to its private roots after the company that owns it entered into a deal to acquire a liver disease treatment company.
Perth’s design professionals have appealed directly to the state government not to pull the funding rug from under it, as some projects are halted amid rumours of billions of dollars being slashed from the capital works program.
Perth-based Phosphate Australia has emerged as the best performing initial public offer for 2008, as the number of company listings in Western Australia more than halve as the financial crisis bites.
The state government has budgeted $2.4 billion for the Royalties for Regions scheme as it forecasts a net debt of nearly $17 billion in 2010/11, according to the mid-year economic review.
The continued high risk of Rio Tinto's debt following its Alcan acquisition has prompted international ratings agency Moody's to downgrade the miner's rating.
Wembley-based property developer and manager United Overseas Australia expects its 2008 profit to slump over 70 per cent, largely on the back of project delays.
BHP Billiton says it will focus on brown-field expansion projects including its Western Australian iron ore operations, to help carry it through the current economic uncertainty.
LAST year, in a deal which was value destroying for the shareholders of base metal miner Oxiana Limited, that company merged with Zinifex Ltd to become Oz Minerals.
Mount Magnet South non-executive director Fred McMurray has been issued with 4 million convertible notes at a total cost of $200,000, with each note holding a conversion price of five cents each.
CHANGE is not in the air, it has hit the ground running, or should I say running rampant. If it hasn’t affected you or your business in some way, you are in the minority. Change is here.
A SPATE of mergers in the property valuations sector could be a sign of things to come, as the downturn in the property market forces greater consolidation within the sector.
THE number of housing finance commitments in Western Australia rose 5 per cent for the month of October, seasonally adjusted, compared to the previous month, but remains almost 20 per cent down on the
AUDITOR General Colin Murphy has called on the WA Department of Health to improve the way it buys services from non-government and not-for-profit organisations, following an audit of the department's purchasing practices.
Finsia Residential Property Outlook The strength of Australia’s economy has been highlighted in recent years by its ability to withstand a number of internal and external events, including a major dro
The Australian stock market closed slightly higher today but investors ignored a big lead from United States markets, instead taking an axe to some major banks.
Commonwealth Bank of Australia had terminated a share placement agreement with Merrill Lynch following confusion over its $2 billion capital raising launched last night.
Shares in Mount Gibson Iron have jumped 40 per cent on the government's approval for two Chinese companies to subscribe and underwrite a $162.5 million capital raising.
Redbank Mines has listened to the advice of its largest shareholder, Michael Kiernan, with the spinout of its Fiji project into a separate, dedicated gold vehicle.
