Singapore-based commodity trader Olam International Ltd. has expressed plans to buy into NZ Farming Systems Uruguay Ltd. offering NZ$109.6 million ($77 million).
Oil and gas producer Santos Ltd (ASX: STO) said on Monday that it has acquired a $2 billion bilateral bank loan facility which it intends to use in boosting the company’s balance sheet flexibility and expansion plans that include its Gladstone liquefied natural gas (LNG) project in Queensland.
The Farnborough International Airshow is set to start on Monday and on that backdrop, giant aircraft producers Boeing and Airbus are waiting in the wings while equally hoping that huge contracts would come their way amidst the emergence of much stiffer competition between the two rival companies.
Singapore-based commodity trader Olam International Ltd. has expressed plans to take control of NZ Farmin Systems NZ Farming Systems Uruguay Ltd. offering NZ$109.6 million ($77 million).
Australian mining exploration and development firm Aquila Resources has high hopes to produce hard coking coal from its Washpool project but needs would require $320 million of capital investment.
Following the tragic death of its entire board and its consequent voluntary trading halt in June 21, Sundance Resources Ltd (ASX: SDL) stocks plummeted as the company re-emerged from a month-long market trading respite.
Australian hospital operator Healthscope Ltd. has approved of the for A$2 billion ($1.7 billion) offer of Carlyle Group and TPG Capital.
Africa-focused resource firm Riversdale Mining Ltd (ASX: RIV) announced on Monday that it has completed the first phase of the firm’s $276 million capital raising which should be partially allocated for the accelerated development of its Benga project in Mozambique.
Australian hospital operator Healthscope Ltd. has approved of the for A$2 billion ($1.7 billion) offer of Carlyle Group and TPG Capital.
Cougar Energy Ltd (ASX: CXY) said over the weekend that it is happy with the results of tests conducted by the Department of Environment and Resource Management (DERM) on the company’s Kingaroy underground coal gasification (UCG) facility in Queensland.
The Australian Food and Grocery Council (AFGC) has become Australia's first industry association to gain membership to the Roundtable on Sustainable Palm Oil (RSPO), the world's leading not-for-profit organisation supporting sustainable use and production of palm oil.The RSPO was established by the ...
With the new financial year upon us, business information research and analysis group IBISWorld has compiled its annual list of Australian industries set to fly and fall in the next 12 months. According to IBISWorld, organic farming will be the biggest winner in 2010-2011 as Australians consider the...
Coles and Woolworths, the major supermarket players in Australia, continue to spend huge amounts of money for marketing, of which the results will be shown when both post their sales revenues for the fourth quarter in the week to come.
Sundance Resources Ltd's (ASX:SDL) Mbalam project has received environmental approval for from the Cameroon government in West Africa, according to the iron ore explorer.
A government official in Queensland has been given the boot for not acting earlier on issues regarding contaminated water brought about by coal gasification tests done underground in South Burnett.
Synthetic gas producer Carbon Energy Ltd (ASX: CNX) said on Friday that it is willing to accept any requests for environmental study on its Queensland facility as the state’s Department of Environment and Resource Management (DERM) had hinted that it may ask for an environmental evaluation of the company’s Blookwood Creek underground coal gasification (UCG) trial plant.
West Australian gold miner Focus Minerals (ASX:FML) has reported outstanding results from initial surface reconnaissance sampling at its Treasure Island tenement in Western Australia's eastern goldfields region.
Swan Taxis, the leading taxi operator in Western Australia, has advised the firm’s shareholders to approve the takeover offer worth $38.8 million of ComfortDelGro, a transport company based in Singapore.
OZ Minerals has announced that it intends to expand its South Australia underground mining operations at Prominent Hill due to favourable changes made to the mining taxes.
CSL boosts the medical research capacities of Victoria with its announcement of the expansion of primary biotech facility worth $235 million.
Eugene Liu, Asset Management director of Astarra, said he thought his position as firm director was only an "honorary position" with no specific responsibilities.
Australian finance, insurance, and banking corporation Suncorp-Metway (ASX:SUN) is in line for a windfall of up to $125 million from the sale of its holdings in two car insurance joint ventures, as it attempts to simplify its insurance business and increase returns.
In an apparent preparation for the looming takeover by Royal Dutch Shell and PetroChina, Arrow Energy Ltd (ASX: AOE) has been granted by the Federal Court to spin off its Dart Energy Ltd unit, in which shareholders would be entitled to one Dart shares for every two Arrow shares that they hold.
Upcoming geothermal firm Geodynamics Ltd (ASX: GDY) said on Friday that it is close to realising an operating heat exchanger which should affirm the geological model being utilised by the company on its joint venture Innamincka project in South Australia.
Two competing private equity groups are set to place their final bids on Friday for Australia's second-largest hospital owner Healthscope Ltd (ASX:HSP) in a $US1.6 billion ($A1.8 billion) deal, according to sources.
Kristina Keneally, Premier of New South Wales, has made a visit to Shanghai’s Bright Foods Store to see for herself how NSW’s Hunter Valley wine is doing in the Chinese market, currently the fourth biggest export line for Australia’s wine.
Conservationists and anglers have started scrutinising Japanese giant Inpex's draft environmental impact statement for its planned $12 billion Darwin Harbour gas plant.
Department store operator David Jones Ltd (ASX:DJS) said on Friday that it has agreed for a 20-year extension of the lease agreement for the company’s Karrinyup outlet in Perth, revealing that the new deal is “on attractive commercial terms in line with the more favourable David Jones leases.”
A joint statement released on Friday by the National Australia Bank Ltd (NAB) and AXA Asia Pacific Holdings (AXA-APH) revealed that the two companies are currently in talks to negotiate the terms of extending the period for NAB to satisfy competition concerns on its $13.3 billion takeover proposal for AXA.
Miner OZ Minerals (ASX:OZL) has substantially increased its guidance for gold production to 2012 after better than expected output in the June quarter.
