West Perth based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a quarterly net profit of over $21 million ($US20.1 million), an increase of 139 per cent on the same quarter last year.
West Perth based Washington Resources has signed a joint venture agreement with exploration company Western Desert, allowing Western Desert to explore one of its Northern Territory tenements.
West Perth based Otto Energy Ltd are planning to raise $15 million to fund drilling preparations, site surveys and costs associated with its two permits in Po Valley, Italy.
Gwalia pursues Portman for royalty; NAB won't rule out rival bid; Resources boom for 20 years; BHP market value surges past $250bn on Chinese whispers; Chemicals tycoon snaps up Repcol stake
HIT by the high cost of feedstocks, biofuel players Mission Biofuels Ltd and Australian Renewable Fuels Ltd are seeking to adapt their strategies as rising agricultural product prices disrupt their business models.
IT may not be considered a sexy commodity compared with the likes of iron and gold, but the rapidly growing importance of potassium and phosphate is attracting the focus of a number of resource companies based in Western Australia.
AUTOMOTIVE manufacturers are facing unprecedented challenges with escalating costs, changing environmental regulations, and warnings about peak oil across the globe.
Swan's $65bn megabank test; NRW in legal tussle over ore truck tyres; Burrup price trimmed as float plan back on track; Rate rises spur slide in housing loans; Oxiana bid for Zinifex a fair deal, says expert
Overland Resources Limited has entered into subscription agreements with institutional, sophisticated and industry investors to raise $10 million through the issue of 20 million new shares at $0.50 per share, with the issue subject to shareholder approval
Chinese circling Fortescue; Confession season intensifies as earnings growth slows; Coventry at 30-year low as investors wait; Bad debts threaten banks' double-digit profit growth; Globetrotter thrives on making virtue of family
Applecross-based global education services group Navitas Ltd has announced a joint venture between its part-owned student recruitment business, EduGlobal China Ltd, and online higher education company, Open Universities Australia (OUA).
Rio Tinto subsidiary Hamersley Holdings has increased its interest in AusQuest to 6.9 per cent following the exercise of five million options at 40 cents per share.
HERE at the Note we often imagine what it’s like to be a fly on the wall when the big deals are brokered. Alas, the detail is often left out in the announcements we peruse.
Hit by the high cost of feedstocks, biofuels players Mission Biofuels Ltd and Australian Renewable Fuels Ltd are both seeking to adapt their strategies as rising agricultural product prices disrupt their business models.
Rivervale-based Aurium Resources Ltd has acquired its second company for this year, following the takeover of Northern Territory-based Jarra Resources Ltd for up to $15.3 million.
Nickel miner Sally Malay Mining Ltd is to purchase Liontown Resources Ltd's Cowan Nickel Project assets in the easter Goldfields in a deal worth about $2 million.
