Sinosteel Corp is persisting in its takeover bid for Midwest Corporation, extending the bid by a month, as US hedge fund Harbinger Capital increases its hold on the miner.
Perth-based Indian sandalwood grower TFS Corporation Ltd has realised its vision of becoming a vertically integrated producer after agreeing to acquire Albany-based essential oils business Mount Romance Australia.
Australasian Resources Ltd today confirmed that it has received a merger proposal from billionaire Clive Palmer's Resources Development International Ltd, which is currently finalising plans for a $5 billion initial public offer.
Record year puts pressure on BHP to lift dividend; Palmer plans takeover to build $18b resources titan; Inflation spikes on fuel, credit costs; Shifting sentiment drives banks; Macquarie challenged on funds as big asset write-downs looms
Allied Gold Ltd Jeffrey Moore has resigned as director. CBH Resources Ltd Andrew Davies has resigned as a director. In consequence, the appointment of Mr Stephen Lonergan as his alternate ceases.
Iron ore miner IronClad Mining has appointed Patrick Clifford as project manager for the development of the Wilcherry Hill Iron Ore project in South Australia’s Eyre Peninsular iron ore province.
Allied Gold Ltd Jeffrey Moore has resigned as director. CBH Resources Ltd Andrew Davies has resigned as a director. In consequence, the appointment of Mr Stephen Lonergan as his alternate ceases.
Iron ore miner IronClad Mining has appointed Patrick Clifford as project manager for the development of the Wilcherry Hill Iron Ore project in South Australia’s Eyre Peninsular iron ore province.
Western Australian stocks Mincor Resources Ltd and Panoramic Resources Ltd are just some of the nickel plays that enjoyed a healthy day on the bourse, buoyed by positive news from their respective projects.
A pre-feasibility study into Perth-based Strike Resources Ltd's Peru iron ore project has pegged total capital cost at $2.4 billion based on a 20 million tonne per annum operation.
The Federal Court of Australia has dismissed engineering company Clough Ltd's appeal against an earlier decision to lift an interim injunction over the disputed G1 project in India with client ONGC.
Mirvac's downgrade sets slower pace for property; Steel makers to bankroll Fortescue growth; EPA decision day for $200m Gulf solar salt controversy; Great Southern surges on talk of play from big hedge fund; Tiddler plan for Monarch Gold rescue
Perth-based Gindalbie Metals Ltd has started its spending spree for its $1.8 billion Karara iron ore project in Western Australia by placing a $70 million order for key long lead items.
Balcatta-based gold company Zedex Minerals Ltd will boost its interest in Canadian resource company Olympus Pacific Minerals Inc in a bid to become a leading player in the Asia Pacific gold sector.
Subiaco-based GBM Resources Ltd has inked a deal with gold miner Newcrest Ltd to acquire its copper gold assets in the Mount Isa region in a deal worth $2.6 million over the next three years.
Territory fails to get rid of administrators; Orica to raise $900m in spin off; ATO reveals widespread use of havens; MCC retakes guard to save ore deal; Brokers left holding bag as investors snub HBOS
Former Carmichael Capital Markets executive chairman Craig McGown and former Woodside executive David Craig have joined the board of West Perth-based based oil and gas play Entek Energy.
Subiaco-based Midas Resources Ltd has signed a cooperation agreement with Chinese company Zijin Mining Group which will allow it to take a sizeable stake in the Da Hong Shan copper project in the Xinjiang Province.
The state's Northwest Shelf continues to deliver good news for US energy company Hess Corporation, which today announced another natural gas discovery in Jurassic and Triassic sandstones.
An updated scoping study into West Perth-based Energy Metals Ltd's Bigrlyi uranium and vanadium project in the Northern Territory has boosted the mine's life from eight years to 12 years.
Gap widens in two-speed economy; Carbon scheme a 'threat to industry'; Forrest blames Fortescue dive on short-sellers; Firepower criticism for Austrade, watchdog; BankWest sale talk louder as HBOS' support wanes
Rio Tinto Iron Ore has agreed to pay a levy of up to $300 million over 50 years to the Ngarluma Aboriginal Corporation to cover present and future land use of the traditional owners' land.
Canning Vale-based Ausdrill Ltd has forecast an extra $370 million in revenue after African miner Gold Fields Ltd extended its contract to cover the life of a mine in Ghana.
The grandson of the late iron ore prospector Peter Wright, a long time business partner of mining tycoon Lang Hancock, has been appointed to Apex Minerals ML's board in what is understood to be his first public company venture.
Traditional owners in the Pilbara region are celebrating a win in the National Native Title Tribunal over Fortescue Metals Group Ltd after proving the company failed to negotiate in good faith over a tenement application.
Four Midwest Corporation Ltd directors have cashed in nearly $60 million worth of shares after accepting Sinosteel Corp's offer, while the Chinese steelmaker keeps quiet on whether it will extend its takeover deadline, due to expire tomorrow.
The state Liberal party has revealed a leaked document from a government agency that had grave concerns about the condition of Apache Energy Ltd's Varanus Island pipelines last year.
A 12 per cent shortfall in uranium production has forced Subiaco-based Paladin Energy Ltd to revise down its forecast production for 2008 at it Langer Heinrich mine in Namibia.
Sinosteel Corp's holding in takeover target Midwest Corporation Ltd has crept up to 54 per cent while it stays quiet on whether it will extend its takeover deadline, due to expire tomorrow.
WEST Perth-based Albidon Limited has delivered the first concentrate at its fully-owned Munali Nickel Project, 60 kilometres south of the Zambian capital Lusaka.
