West Perth-based Atlas Iron Ltd will sell the non-iron mineral rights of its Abydos and Goldsworthy tenements to West Perth gold explorer Shaw River Resources Ltd for $1.5 million in scrip and the issue of 2.5 million options, the company has announced.
BHP threatens tougher tactics; Ausdrill pitches for a slice of WA action; Call to jail share rigging pair; Arc directors given cautious backing; Rudd flags fast paced reform push.
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.
Subiaco-based Natural Fuel Ltd has appointed three new directors and implemented an asset optimisation strategy over its Singapore plant, seeking to secure interim revenues while unfavourable market conditions remain, the company has announced.
If ever there was a single indicator of the strength of Western Australia's economic good fortune, tycoon Stan Perron's private investment empire would be it - basically trebling its profits in just four years.
West Perth-based iron ore explorer Atlas Iron Ltd will pay $15 million in port facilities charges to the Port Hedland Port Authority as an up-front contribution for the planned $225 million upgrade of the Utah Point public access facility.
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 uranium and iron ore company Apollo Minerals Ltd will acquire an 80 per cent interest in an iron ore project in the Pilbara for up to $1 million under an option agreement, the company has announced.
West Perth-based oil and gas exploration company Baraka Petroleum Ltd has raised $3.3 million through a share purchase plan, with funds raised to help the company fully acquire the La Punta oil field in Colombia.
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.
Leederville-based Bannerman Resources Ltd has won approval from the Toronto Stock Exchange to connence listing from Monday November 19, the company has announced.
Subiaco-based Mallee Gold Corporation Ltd has announced plans to raise $5 million in its initial public offer, to raise funds for exploration of its nine goldfields tenements.
The Australian Securities and Investments Commission has banned financial planner Philip Gerard Wade from providing financial services for seven years after failing to provide appropriate advice about Westpoint products, the Commission has announced.
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.
The Federal Labor Party will fund a third of an estimated $180 million upgrade to road and rail networks in Esperance to improve access to the port, Opposition Transport spokesman Martin Ferguson announced today.
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.
West Perth-based Lonrho Mining Ltd will sell its Kamfersdam tailings dumps in South Africa to South Africa-based Meepo Investment Consortium Pty Ltd for around $1.1 million, the company has announced.
West Perth-based metals explorer Azure Minerals Ltd has formally applied for the listing of its ordinary shares on the Toronto Stock Exchange's Venture Exchange, the company has announced.
South Guildford-based Cougar Metals NL will raise $1.6 million through a placement to fund an assessment of its Pyke Hill Nickel project and soil sampling programs on its Alta Floresta Gold Project in Brazil.
Perth-based Eastland Medical Systems Ltd will take a controlling stake in African drug developer Star Medical (Botswana) Ltd after acquiring a further 25 per cent of the company through a scrip issue worth $1 million, the company has announced.
Shares in Fortescue Metals Group soared 25 per cent today to a new record high after the iron ore group revealed a resource estimate for part of its Pilbara Solomon project of more than one billion tonnes.
Perth-based biodiesel producer Mission Biofuels Ltd, which acquired a 20 per cent stake in its Indian subsidiary on Monday, has increased its holding in the company to 97.6 per cent, after the minority partner chose not to participate in a rights issue.
Osborne Park-based Fairstar Resources Ltd has reaffirmed its commitment to a takeover of Golden West Resources Ltd, despite the bigger company officially rejecting the scrip bid yesterday.
Nickel miner Sally Malay Ltd and West Perth-based Thundelarra Exploration Ltd have signed co-existence agreements with the traditional land owners of its East Kimberley projects.
Subiaco-based Emmerson Resources Ltd has opened its initial public offer, aiming to raise $15 million to fund exploration of its iron oxide copper-gold assets in the Northern Territory, the company has announced.
West Perth-based Carpentaria Exploration Ltd, a spin-off of Giralia Resources NL, closed up 24 per cent in its debut on the Australian Securities Exchange, after raising $7.5 million in its initial public offer.
West Perth-based electrical engineering and control systems group LogiCamms Ltd aims to raise $10 million in its initial public offer, the company has announced.
Some charitable organisations in Western Australia could be forced to pay rates to Local Governments after the Supreme Court overturned a rates exemption decision by the State Administrative Tribunal.
