Financial Services

China Metallurgical Group Corporation has received no objection from the Foreign Investment Review Board for its proposed acquisition of the Cape Lambert Iron Ore project.

Alchemy Resources Limited has entered into an agreement with Troy Resources NL to acquire the Three Rivers Gold Project for $2 million.

Perth based Elixir Petroleum Ltd will aim to raise $14.5 million through a share placement, with funds to be used for additional development of its gas project in the Gulf of Mexico, as well as to support projects in Sierra Leone.

Grand plan to build six island hubs off north Freo coast; We will not pay more for Midwest: Sinosteel; ASX probes Brierty over shock profit downgrades; Failed Opes was $721m short; Qantas axes routes on fuel pain

The luxury retail strip of King Street is the subject of a new heritage study by the City of Perth, which could result in a number of areas within the city being named as conservation areas.

Boutique brewing company Empire Beer Group Ltd has moved to review its strategic direction, following the resignation of its acting chief executive.

The development of BHP Billiton’s $2.2 billion Ravensthorpe nickel project and the consequent transformation of a nearby small rural town has brought into focus the benefits of funding collaboration between state and federal governments.

IT’S one of those great conundrums of Western Australian business: who introduced the Argenti strategic management system to Wesfarmers?

West Perth-based power minnow Perth Energy has signed a $30 million-a-year deal to buy energy from generator Verve Energy.

The oil market includes all types of crude oil, condensate, natural gas liquids, oil recovered from shale and oil sands, and now, increasingly, biofuels.

The Perth Convention Bureau has secured 10 conferences during the last two months that are expected to deliver $26.4 million of delegate spending to Western Australia.

Marylyn New is something of a Western Australian enigma. Raised to be a homemaker, Ms New has instead ended up as one of Perth’s most colourful business people.

SUPERMARKET group IGA has secured the naming rights for the Royal Agricultural Society of WA’s 2008 Perth Royal Show.

I had to get coffees for group of people at work last week, and I couldn't help seeing of it as a great example of how the world has changed.

Western Australian businesses carry about $251 million of the tangible costs of tobacco, a study commissioned by the Cancer Council of WA has found.

To management afficionados, the name Argenti is synonymous with Wesfarmers Ltd's success during the reign of Michael Chaney.

Financial adviser and former deputy mayor of the City of Gosnells, Mr Antonio (Tony) Pisano, has today been sentenced to four years and eight months imprisonment on fraud charges.

Emerson Stewart Group Limited, which is aiming to list on the ASX in June, today announced the appointment of Rod Smith as its Chief Financial Officer.

West Perth based Dwyka Resources Ltd has completed a capital raising of $21.3 million to finance exploration and development of its Daguma and Bonanza coal projects.

The Fremantle Chamber of Commerce has appointed Peter Nolin as Chief Executive Officer of the Chamber.

Como based Nido Petroleum Ltd has raised over $41.2 million through a share placement, with funds to be used to expand its current drilling programs and raise working capital.

CGA Mining Limited has announced that it has engaged Canadian broking firm Haywood Securities Inc to act as agent for a C$30 million private placement offering of ordinary shares.

Mineral sands miner Bemax Resources Ltd, which has extensive operations in Western Australia's South West, has recommended that shareholders accept a $301 million takeover offer.

Subiaco-based Comdek Ltd has announced plans to acquire two coal projects in Tasmania for $15 million in scrip, three months after buying another two coal projects in the same State.

Aurox Resources Ltd today released a response to media reports to clarify the relationship between the WA-based explorer and China's state owned Chengde Iron and Steel Group.

Contracting group Brierty Ltd today announced its second profit revision in six weeks, slashing its forecast to $3.6 million after tax, and the resignation of founder Alan Brierty as managing director to focus on the operational side of the business.

Nedlands-based software company ISS Group Ltd has signed a major new international marketing agreement with global oilfield services company Schlumberger, that could lead to a big boost in ISS's revenue.

IAG chief sees writing on wall; RBA wants ' borrowed' trades declared; Grocery supply method hampers fair fight; Midwest merger puts Sinosteel on back foot; Great Southern eyes tree focus

Jabiru Metals Ltd is to raise $51.9 million through a placement at 80 cents per share, to fast track its exploration programme and feasibility studies of its base metals projects.

Drilling contractor Ausdrill Ltd today formally rejected Macmahon Holdings Ltd's $446 million takeover offer, describing it as inadequate and opportunistic.

Iron ore developers Murchison Metals Ltd and Midwest Corporation Ltd are likely to merge after Midwest's directors unanimously endorsed a proposed scheme of arrangement that values their stock at $7.17 per share.

Investment manager Great Southern Ltd has commenced a strategic review of its business after reporting a worse than expected loss of $49.1 million for the half-year to 31 March 2008.