Mineral Resources Ltd directors led by Chris Ellison have sold $36.5 million worth of shares after the scrip came out of escrow, following the release of the company's full year results.
Aquila Resources Ltd non-executive director Charles Bass today sold $13 million worth of his stake in the company while Nomad Building Solutions Ltd director Wayne Mcgrath realised $8 million from the sale of 2.5 million shares last Friday.
Minara Resources Ltd main substantial holder Glencore International AG has lifted its stake in the nickel producer from 50.8 to 52.2 per cent through on market acquisitions of 5 million shares worth $29 million.
Fifty years ago this month, the St Georges Terrace skyline was transformed by the completion of the MLC Building, Western Australia’s first ‘skyscraper’.
The skills shortage continues to affect the Western Australian workforce, with an all-time low unemployment rate and strong wage growth recorded for the past year.
Western Australia’s tourism market picked up strongly in 2006 with an overall increase in visitors numbers and a combined spending surge of $5 billion breaking the all-time record.
Custom vehicle manufacturer, Supercars Australia Pty Ltd, is expanding its production capacity next year due to surging demand for its replica luxury cars.
Nomad Building Solutions Ltd managing director Phillip Guy has raised $6.6 million by selling 2.3 million shares as part of a wider selldown by existing shareholders to new institutional investors.
Lycopodium Ltd managing director Laurie Marshall has decreased his indirect interest in the company, held through Accede Pty Ltd, through the on market sale of one million shares realising $3.8 million.
Western Areas NL non executive director Terry Streeter has decreased his indirect interest in the company - held through Jungle Creek Gold Mines Pty Ltd - by selling over a million shares for a total of $5.1 million in an off market crossing.
