Perth company Quantify Technology Holdings has received firm commitments for a $5 million capital raising that will support increased development of the company’s technology.
The husband and a son of renowned burns surgeon Fiona Wood, Tony and Tom Kierath, are seeking to crowdfund $100,000 by mid-December to bring their swallowable weight-loss device, IG Balloon, to market.
Construction work has spiked for a second straight quarter, far outpacing market expectations, but economists suggest the numbers could flatter to deceive.
Gascoyne Resources has raised $21 million through a heavily oversubscribed share placement to fund further exploration and development at two of its Western Australian gold projects.
Sydney-based gas company AWE has produced more positive test results at its Waitsia gas field, with the highest flow rate to date recorded during recent flow testing.
Recently listed tech company Servtech Global Holdings has announced a capital raising of up to $1 million, through a convertible loan facility, and a board revamp as the company seeks to overcome sluggish revenue growth.
Fastbrick Robotics has raised $35 million through a share placement as the Perth-based technology company continues to develop its commercial prototype Hadrian X bricklaying robots.
Company director and business adviser David Humann, whose roles included chairing nickel miner Mincor Resources and contractor Macmahon Holdings and being a member of the global board of accounting firm Price Waterhouse (now PwC), has passed away after a short illness.
Faced with the confines of a small block, local property developer and architectural practice Baltinas turned to innovative design for its recent residential project on Mount Street in West Perth.
The share market has edged higher due to modest gains in most sectors, while the Reserve Bank's concerns about slow wages growth have driven the Australian dollar to a five-month low.
Battery Minerals has announced a $20 million capital raising, primarily through a strongly supported share placement, ensuring the company can progress at its graphite projects in Mozambique.
Tap Oil major shareholder Risco Energy Investments has notified the company of its intention to overhaul the company's board at the next planned annual meeting in February.
A Brazilian court has granted an additional 150 days for BHP Billiton, Vale and their joint venture, Samarco, to negotiate a settlement of multi-billion dollar public civil claims over the 2015 mine dam collapse in that country.
The banking regulator is still concerned about the size of the mortgages being taken on by consumers despite the effectiveness of its efforts to curtail housing market risks.
China's great environmental clean-up is starting to produce knock-on effects in Western Australia, with none more interesting than the ‘quality clash’ in the iron ore sector.
Shares in junior mining explorers Draig Resources and St George Mining have nearly doubled today after both companies announced positive drilling results.
Perth-based Altona Mining has negotiated a scrip-based takeover deal that will see the aspiring copper miner bought by Canada's Copper Mountain Mining but its shares remain well short of the 17 cents valuation of the takeover scheme.
Sodexo’s acquisition of Morris Corporation has pushed it up the ranking of big facilities management companies in Western Australia at a time when its competitors have been battling with the slowdown in large projects in the Pilbara.
A new capital markets platform that has backers from accounting firm BDO, law firm Steinepreis Paganin, and property group CrowdfundUP plans to target both traditional capital raising deals and the new field of equity crowdfunding.
The Australian share market has come under pressure in early trade as investors take cues from a weak close on Wall Street on Friday and a lack of local drivers.
A new feature on the Business News web site that tracks the changing wealth of Western Australia’s company directors shows Tony Lennon and Peter Cook are among the winners over the past month while Kerry Stokes and Andrew Forrest have gone down.
ANNIVERSARY SPECIAL: Riding the waves of Western Australia’s boom-and-bust economy while simultaneously dealing with the decades-long disruption to the media landscape means Business News has faced more than a few challenges during its 25-year history.
