Perth-based Patersons Securities Ltd is set to launch
a resources-focused fund, the second product for the fledgling
asset management business launched late last year.
Finding the right people to manage Western Australia’s technology companies is like finding a needle in a haystack, according to Titan Bioventures managing director and Phylogica non-executive director Harry Karelis.
Already home to mining giants Rio Tinto, Xstrata and Anglo Gold Ashanti, Argentina is considered to be Latin America’s next worldclass mining region, after Chile and Brazil, with its relatively underexplored but highly prospective gold and silver resourc
After a couple of failed attempts earlier this decade, Western Australia is edging closer towards connection to its first new international subsea cable in almost 10 years.
With very little fanfare last month, Northern Iron Ltd managed to successfully conduct the year’s biggest mining float, raising $140 million to fund the development of an iron ore mine in Norway.
West Perth-based Transit Holdings Ltd has completed a placement to raise $2 million to sophisticated investors for exploration for haematite mineralisation and working capital.
Rio Tinto Ltd has reported record annual output for key commodities in its fourth quarter 2007 operations review, including a 9 per cent increase in its attributable iron ore output to 145 million tonnes in the calendar year.
Perth-based Montezuma Mining Company Ltd is seeking to raise up to $3 million to fund an accelerated exploration program at its Peak Hill gold mine near Meekatharra.
VDM Group Ltd subsidiary, Wylie & Skene Pty Ltd, has won new contracts with Rio Tinto Ltd and Fortescue Metals Group Ltd in the Pilbara totalling $14.5 million.
Perth-based gold exploration company Scotgold Resources Ltd has made a positive debut on the Australian stock exchange today, after sucessfully raising $4.9 million via its November public offer.
Inspectorate International Ltd, a division of UK-based Inspicio Group, has bought Kalassay Group for $25.6 million, continuing the growing acquisition activity of the major geochemical assaying laboratories in WA.
Cooper Energy Ltd has been formally advised by the Tunisian Department of Energy that the Bargou prospecting permit has been converted to an exploration licence for a five year term.
Henderson-based Nomad building Solutions Ltd has announced today the $40 million acquisition of the construction, property management and modular building business units of Rapley Wilkinson.
Perth-based uranium producer Paladin Energy Ltd says its Langer Heinrich mine in the African nation of Namibia has achieved its production target for the December quarter of 390,807 pounds of uranium oxide.
Avalon Minerals Ltd has announced today that it was granted Lake Barlee exploration licence, which is the first application to be granted within the portfolio of 13 Western Australian uranium exploration licences acquired by Avalon last year.
Dragon Mining Ltd wholly owned subsidiary, Polar Mining Oly, was granted an Environmental Permit by the Supreme Court of Finland for mining operations at the Jokisivu Gold Project in southern Finland.
Iron ore newcomer Fortescue Metals Group Ltd is sticking to its May 15 deadline for its first shipment, denying speculation that its debut delivery could be as late as August.
Mount Magnet South NL has acquired the Curara Well gold mine and other tenements in the Mt Magnet region of Western Australia for $5 million from Equigold NL.
Perth-based iron ore exploration and development company Australasian Resources Ltd has strengthened its management team with the appointment of Stephen Abbott to the newly created position of general manager.
