Gold and base metals explorer, Augustus Minerals Ltd, has made a lacklustre debut on the Australian stock market today, with its shares opening at 40 cents each or 20 per cent down on their offer price of 50 cents.
Mineral exploration and energy technology company, Wasabi Energy Ltd, has raised $3.2 million through the sale of 4 million shares in Aviva Corporation Ltd at 80 cents each.
Desperate FMG hits road; RBA cash rate may hit 8% to curb inflation; Rural revival feeds boom economy; Rio eyes $2.6b windfall if Asian mills stump up; More time please, urges Foster's chief
Nickel miner Mincor Resources NL has announced a $31.3 million net profit after tax for the six months to December 2007, 16 per cent down on its $37.1 million profit for last year's corresponding period.
Earthmoving and mining equipment supplier, Emeco Holdings Ltd, has reported a net profit after tax of $30.5 million for the six months to December 2007, down 12.4 per cent on the corresponding period last year.
Osborne Park-based internet kiosk developer, pieNETWORKS Ltd, is hoping to raise a total of $1.5 million through the placement of 83 million new shares at 18 cents each to private investors.
Shares in Applecross-based uranium explorer Power Resources Ltd made a strong debut on the Australian Securities Exchange today, opening at 27 cents or more than 25 per cent up on their offer price.
Palandri in rescue mission as financing arm collapses; ANZ exposure sends shivers through banks; Clearance query may stall Pluto; Rio 'underwhelmed' by Vale's iron ore deal; RCR pins hopes on small clients
Shares in besieged takeover target Golden West Resources Ltd continued their downward spiral today, following the shock resignation late Friday of the company's chairman Geoff Wedlock and managing director Gary Hutchinson.
Litigation funding provider IMF (Australia) Ltd has reported a net profit of $3.3 million for the six months to December 2007, representing a 65 per cent rise over the corresponding period last year.
Perth-based Galaxy Resources Ltd has raised $1.79 million via the early staged exercise of unlisted options, to fund the completion of a feasibility study on its Mt Cattlin tenement in Ravensthorpe.
Welshpool-based engineering company RCR Tomlinson Ltd has posted a net profit of $9.13 million for the half year ending December 2007, up 10.7 per cent on the corresponding period in 2006.
Nomad Building Solutions Ltd has revealed a 45.7 per cent increase in net profit after tax to $10.4 million for the half-year to December 2007, on the previous corresponding period.
Belmont-based mineral sampling equipment manufacturer, Essa Australia Ltd, has posted a record net profit after tax of $1.9 million for the six months to December 2007, an increase of 23 per cent over the same period in 2006.
Preliminary data by the Real Estate Institute of Western Australia suggests Perth's housing market was flat-lining in the December Quarter of 2007, with no movement either up or down for the last three months of last year.
Michael Kiernan-chaired companies Monarch Gold Mining Company Ltd and Territory Resources Ltd have raised $10 million and $9.3 million, respectively, from share placements.
West Australian Newspapers Holdings Ltd has joined a string of blue chip listed companies to be hammered by investors after reporting its result, with WAN shares down 10 per cent after announcing a $44.2 million interim net profit.
Leighton price off as market goes away; Rio fails to railroad FMG; ASX defends role as regulator while business booms; AMP defers buyback as net profit falls short of forecasts; Revealed: Why Allco is on the rack
Golden West Resources Ltd has lodged an appeal against the Takeover Panel's decision to uphold Falak Holding's accidental sale of an 8 per cent Golden West stake into hostile suitor Fairstar Resources Ltd's scrip bid.
The consumer watchdog has launched legal action in Brisbane's Federal Court against Wesfarmers Kleenheat Gas Pty Ltd, alleging misleading or deceptive conduct over the pricing of bulk LPG supplied under contract.
Subiaco-based Paladin Energy Ltd has secured US$167 million ($185 million) in project finance for the remaining funding component of its Kayelekera Uranium Project in Malawi.
NATIONAL Australia Bank has confirmed Perth’s worst kept property secret by announcing it will anchor the new Century City retail/office project, under construction at 100 St Georges Terrace.
A new study of one of the state’s first not-for-profit institutions, the Royal Society for the Prevention of Cruelty to Animals WA (RSPCA), may provide a valuable link to the past for historians and ideas for creating a successful structure for other not-
The state government has established a new body to coordinate the development of some of Western Australia’s biggest capital projects, as it prepares to deliver on its record $25 billion capital works program.
Two months after UK company Cape plc completed its $250 million takeover of Malaga scaffolding and formwork supplier PCH Group Ltd, nearly the entire management team has left PCH.
As the debate over Perth’s new multi-use stadium has demonstrated, AFL wields the most influence of all codes in Western Australian sport, with the state’s two clubs among the most financially successful in the national competition.
ROB Bransby has been appointed managing director of HBF. Mr Bransby was appointed chief executive officer of HBF in January 2007 after joining HBF in October 2005 as general manager.
Perth-based custom software developer, Beacon Technology, has been bought by global IT management consulting firm The Birchman Group, marking the group’s first acquisition in Australia and in the Asia-Pacific region
