COMPANIES

DMC Mining Ltd’s directors said today that they are inclined to accept the offer of Cape Lambert Resources Ltd to acquire their stocks and options at 53 cents per shares, for a total takeover bid of $46.04 million.

Leighton Holdings Limited subsidiary Thiess Services announced on late Monday the value of the work contract on Victoria's M89 ring road upgrade has been set at $623 million.

The West Australian Premier is satisfied with the results of the royalties deal with two giant Australian iron ore miners.

Google Voice, the popular VoIP voicemail, and messaging service is now open for anyone in the U.S. Previously, the service was invitation-only.

GUD Holdings Ltd offered up to $83.8 million to takeover Dexion Ltd in bid to diversify the company’s portfolio even as Dexion hinted on Monday that its board of directors are ready to accept the proposal.

Grange Resources reported today that no further rockfalls occurred so far on its Savage River ore mine pit, located in Tasmania’s west coast, since close to half million tonnes of rock cascaded down to the site on Thursday last week.

Australian firm CSR assured on Monday it will continue to pursue its talks with China's Bright Food Group on the sale of its sugar operations, however, no final offer has been set.

The New Zealand Commerce Commission has granted clearance over AMP on its bid for AXA Asia Pacific on Monday.

There is a likelihood that the federal government’s fresh partnership with Telstra on the National Broadband Network project could be derailed as the telco giant announced today that it can scrap the deal once its demands embodied in the agreement do not materialise.

Australia's competition watchdog has announced on Monday the deadline on June 22 to decide on the proposed $16 billion ($A132.8 billion) iron ore joint venture between two iron ore miners.

Fortescue Metals Group will sign an agreement with a Chinese engineering group in hopes to increase iron ore productions at its Chichester Hub project mine in Western Australia.

Brierty Limited said on Friday that it has contracted four new deals reaching $25 million to deliver civil construction services in the northwest part of Western Australia.

Shares in Leighton Holdings made a solid performance in the market yesterday after it announced its big contracts yesterday.

The ANZ Banking Group has announced on Friday a memorandum of understanding (MoU) with China Development Bank (CDB) to increase trade and investment between China and New Zealand.

MAp Group said on Friday that passenger numbers grew on all of its three Australian and European airports in May as normal operations resumed in the aftermath of the volcanic cloud that covered much of Europe in April.

Australian mining group BHP Billiton may be facing a more competitive tax rate – this time, in Liberia.

The National Australia Bank (NAB) confirmed on Friday it has plans to sell its adviser network and North investor platform.

AXA Asia Pacific Holdings Ltd (AXA APH) chief executive Andrew Penn said on Thursday that the global financial crisis had sparked shifts in the world’s financial service industries which could lead to further merger and acquisition activities in the financial sector.

Trafford Resources Ltd said on Thursday that it plans to issue new renounceable shares amounting to $3.75 million in order to fast track its iron ore project in South Australia.

US-based companies have expressed their interests for a takeover bid to a Western Australian-based oil and gas producer.

Mining group Xtrata brushed off claims that it is bluffing when it said it will suspend its multi-billion dollar project in the Surat Basin in central Queensland due to the Federal Government's proposed resources super profits tax.

Rio Tinto Ltd said on Wednesday that the company is re-assessing its existing Australian projects for a worst-case tax scenario possibility as it studies the effect of the proposed resources super profits tax on future growth projections.

The Tasmanian Government will interfere with the regulations regarding its State power prices.

Brazil’s mining giant Vale said on Wednesday that Aquila Resources Ltd’s latest moves could eventually lead to delays and frustrations on their joint coal project in Queensland as managing director Decio Amaral emphasised that the company merely wants to proceed with the feasibility study it is proposing.

New Zealand-based SBS Bank, formerly the Southland Building Society, has reported Wednesday an operating surplus of $NZ19.4 million or $A15.67 million in the year leading to March 31, coming from the $NZ18.5 million or $A14.94 million surplus it posted last year.

Qantas Airlines has appointed 11-year company veteran Gareth Evans to assume the position of chief financial officer.

Coalspur Mines Ltd said today that it is set to acquire new coal leases next to its existing Hinton project in Canada as the company revealed that the new acquisition would be funded by current cash reserves plus some project funding facility from the Highland Park Group.

Australian mining group Rio Tinto receives an environmental approval to develop its Kennecott Eagle nickel and copper mine project.

The consumer regulator told media on Wednesday that the penalties thrown against Singapore Telecommunications Ltd's (SingTel) Australian subsidiary Optus for airing misleading advertising are insufficient.