Biotechnology company Rockeby Biomed Ltd has announced plans to raise $2 million through a share purchase plan to existing shareholders, to help fund the international expansion of the company's existing products and continue research and development acti
Bibra Lake-based rubber recycling company Reclaim Industries Ltd will develop a tyre processing facility capable of producing fuel and other byproducts, the company has announced.
North Perth-based Backreef Resources Ltd has issued a supplementary prospectus extending the closing date of its initial public offer to January 31 2008 after failing to raise sufficient funds during its initial offer period.
West Perth-based Vulcan Resources Ltd has been hammered by investors after disclosing that planning for its flagship Kylylahti project in Finland has been adversely affected by higher than expected costs and an unfavourable exchange rate.
Shares in West Perth-based Comdek Ltd were the most traded on the Australian Securities Exchange yesterday, after the former telecommunications company announced a deal to gain access to a South African coal resource.
Investor group backs Midwest; Investors lash Telstra over Sol's millions; Wesfarmers chief warns of hard yakka on Coles; Buyout offer for family-run group spurs float plans; Pluto carbon offset worth $100m to CO2.
West Perth-based Beadell Resources Ltd will pay $2 million in cash and scrip to Boulder-based Challenge Drilling to guarantee priority access to both aircore and reverse circulation drill rigs over a 2 to 3 year period, the company has announced.
Australian Securities Exchange-bound wine producer Palandri Ltd has reported a 2006-07 net profit of $2.2 million, with the bulk of its revenue generated from managed investment scheme fees and asset revaluations.
Perth-based Australasian Resources Ltd will spin-off its former namesake asset - the Sherlock Bay nickel project - into a new company so that it canh focus on its iron ore assets.
South Perth-based lobster exporter Cervantes Seafood Ltd has launched an abalone breeding program in conjunction with Curtin University's Muresk Institute of Agriculture, the company has announced.
Perth-based tin and nickel miner Stonehenge Metals Ltd will raise $1.7 million through a placement to boost working capital and provide further funding for exploration, the company has announced.
Dioro Exploration NL subsidiary Lodestar Minerals Ltd, which holds nickel rights over the parent company's Penfolds project, has announced plans to raise $5 million through a priority issue, ahead of listing on the Australian Securities Exchange.
West Perth-based Universal Resources Ltd has signed a joint venture agreement with Claremont Resources Ltd, which will see the latter company spend up to $6.5 million on the Burra Zinc project in exchange for 77 per cent of Universal's interest in the ten
Drilling services company Ausdrill Ltd has completed a $95 million capital raising through a share placement and share purchase plan to fund expansion in Australia and Africa, including a move into contract mining in Australia.
Osborne Park-based copper-gold explorer Talisman Mining Ltd chairman Ian Macpherson has retired, to be replaced by Jubilee Mines NL director Alan Senior, the company has announced.
West Perth-based Metex Resources Ltd will move to full ownership of Carbon Energy Pty Ltd and its underground coal gasification technology after agreeing to buy out the CSIRO for around $41 million in cash and scrip.
CVRD-Inco will proceed to step three of the Kalgoorlie Nickel Project, its joint venture with West Perth-based Heron Resources Ltd, and will pass on a draft program and budget for the works by Saturday.
Kambalda nickel producer Mincor Resources NL is set to increase its production by 18 per cent after today announcing approval for the $23 million development of its 100 per cent owned McMahon Nickel project near Kambalda.
Metex Resources Ltd has reached agreement to buy out its 50 per cent partner in its joint venture company Carbon Energy Pty Ltd, currently owned by CSIRO.
Sub-prime woes see Allphones put plan to sell chain on hold; Paladin slugged by output woes; How the wolf from the west plans to revive Coles; Sell-off slices $323 from Anvil's value; Poll spree at odds with RBA's inflation fight.
A small group of Perth investors who continue to support the unfashionable biotechnology sector are hoping that patience will prove to be a virtue, just like for the mining investors who stuck to their guns during the tech boom and are now reaping the rew
Glencore International AG has lifted its stake in Minara Resources Ltd from 52.2 per cent to 53 per cent through the purchase of a further 4.4 million shares in the company at a cost of $26 million.
A new centre for nanochemistry research linking Curtin University, the University of Western Australia and Murdoch University has been launched, four years after the concept was proposed.
As Liberal parliamentarians and power brokers assess the polls, which all point to electoral demise and thus “wall-to-wall” Labor governments for the first time ever, some have begun to suspect that November 24 will bring utter devastation.
Rising feedstock prices and a lack of government support are threatening to derail the Western Australian biofuels industry, with the state’s biggest biodiesel player suspending production at its two facilities.
Like many Western Australian financial services firms, Subiaco-based Keysbrook Financial Services has felt the flow-on effects of the state’s booming economy.
The 40-year-old CWA House in Hay Street, West Perth, has been bought by Belmont-based construction company Diploma Group Ltd, which has a 30-apartment luxury residential development for the site in its float plans.
