West Perth-based gold explorer Goldstar Resources NL has increased the value of a placement to investors after an Australian funds manager signed on to take 2.5 million shares at 43 cents each, raising $1.1 million.
Perth-based plastic tie fastening company Millipede International Ltd has completed a rights issue worth $1.5 million after underwriter Novus Capital subscribed for 85 per cent of shares offered.
Shareholders in Nedlands-based Dioro Exploration NL have approved the acquisition of Harmony Gold Mines Ltd's South Kalgoorlie Mining Operations as well plans to spin-off of its nickel holdings, list on the Toronto Stock Exchange and raise $70 million.
South Perth-based Pure Energy Resources Ltd has been named the preferred tenderer for two Queensland coal seam gas permits, and will hold both the CSG and rights on granting of the permits, the company has announced.
Perth biotechnology company Imugene Ltd has received notice of grant for patent protection for its Porcine Adenoviral Delivery Vector technology in the United States of America, the company has announced.
Perth-based metals explorer Tasman Resources NL will raise up to $2.5 million through a non-renounceable rights issue to shareholders on a one for ten basis, the company has announced.
South Perth-based energy company Aviva Corporation Ltd will raise $21 million through a placement of 30 million shares at 70 cents each for feasibility studies on coal projects in Western Australia and Botswana.
West Perth-based Jabiru Metals Ltd has refinanced a major debt facility of $US40 million, releasing Consolidated Minerals Ltd from a guarantee it had provided for the original loan.
West Perth-based metals explorer Reed Resources Ltd has raised $16.2 million through a placement, with plans to complete a definitive feasibility study on its Barrambie vanadium project and advance future project development.
East Perth-based Macmahon Holdings Ltd has joined Standard & Poor's All Australian 200 index, after Centro Shopping America Trust was removed from the list after merging with Centro Retail Trust.
Shares in nickel miner Sally Malay Mining Ltd closed up 7.3 per cent to $5.27 after the company announced a significant upgrade in reserves for its Lanfranchi joint venture project, south of Kambalda.
Confirming the suspicions of many in the industry, a pre-existing wine oversupply and a strong dollar put pressure on the profits of smaller wineries in 2005-06, according to a survey by Deloitte and the Winemakers' Federation of Australia
Hamilton Hill-based barramundi producer Cell Aquaculture Ltd has acquired the remaining 50 per cent stake in Cell Aquaculture Netherlands BV, buying out former European chief executive Harrie Rutgers.
West Perth-based Ausron Ltd, which plans to become a financial services technology provider under the name Rubik Financial Ltd, has completed a capital raising of $25 million, subject to shareholder approval.
West Perth-based mineral explorer EnviroGold Ltd has announced plans to raise $16 million through a placement to develop its 70 per cent owned Las Lagunas Gold Tailings Project in the Dominican Republic.
Perth-based biotechnology company Stirling Products Ltd has extended a technology development agreement with UK-based Merial Ltd until the end of March 2008, the company has announced.
Perth-based petroleum player Samson Oil and Gas Ltd has raised $3.4 million through a placement, with funds to be spent on exploration of its US oil and gas projects.
West Perth-based gold explorer Goldstar Resources NL will place 9.5 million shares to investors, raising $4.1 million to help it complete a feasibility study on its Eureka project.
Subiaco-based Ironbark Gold Ltd has taken a 5.4 per cent stake in West Perth-based gold explorer Sabre Resources, through the purchase of 4 million shares in the company worth around $2 million.
Westralia Property Trust Ltd has unveiled a strategic shift into the rural sector, with plans to buy land from its 49-per-cent-shareholder Futuris Corporation Ltd as it exits its current tourism portfolio.
Midvale-based scientific instrument manufacturer XRF Scientific Ltd has announced plans to raise over $1.1 million through the issue of 23.7 million shares at five cents each to shareholders on a one for three basis.
Balcatta-based Carnavale Resources Ltd will acquire two Brazilian iron ore tenements for around $4.5 million from Puma Metals Mineracao Ltda, the company has announced.
Shares in iron ore explorer Midwest Corporation Ltd have soared by more than 30 per cent after rival Murchison Metals Ltd made a takeover bid worth up to $986.3 million.
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While the gold sector in Western Australia has long led the way in exploration spending, iron ore exploration expenditure has jumped significantly in recent years to be to almost level pegging.
BIBRA Lake-based Reclaim Industries Ltd has been awarded a $567,500 grant to establish a tyre recycling and re-processing facility in Adelaide, which it says will be the first of its kind in South Aus
