The spectacular rise in Fortescue Metals Group’s share price since chief executive Andrew Forrest took the reins has made the iron ore developer the top performing Western Australian stock over the past five years.
Perth-based miner Minara Resources Ltd recorded an annual net profit for 2005 of $43 million, with product sales higher than the previous year despite the impact of plant interruptions.
Minara Resources Ltd has announced the resolution of its long-running dispute with Swiss-based project funder Glencore, ending claims totalling about $48 million.
A SMALL telecommunications player that has been suspended from trade on the Australian Stock Exchange for more than a year is on the verge of receiving a $19 million payout from nickel producer Anaconda.