Lepidico has formally rejected rival Lithium Australia’s $23.8 million takeover bid, after an independent expert labelled the offer as neither fair nor reasonable.
AustSino Resources Group has appointed Michael Keemink as executive director. Edward Saunders, current executive chair, will become non-executive chair.
Perth-based Spitfire Materials is seeking to grow its gold exploration portfolio through the acquisition of a private company led by Pilbara Minerals directors Neil Biddle and John Young, in a scrip deal worth $4.7 million.
Perth-based Navigator Resources has announced plans to exit the resources industry by acquiring an Australian pharmaceutical business and relisting on the ASX through the backdoor.
IT company Cirrus Networks has entered into an agreement to acquire Melbourne-based NGage Technology Group in a cash-and-scrip deal worth $2.5 million.
Sheffield Resources has moved to the next stage of progressing its Thunderbird mineral sands project near Derby, after releasing a bankable feasibility study which revealed a development capex of $348 million.
Uranium miner Paladin Energy says it has started arbitration proceedings against its Chinese joint venture partner over complications with its plans to sell a stake in its Langer Heinrich mine.
Rail freight operator Aurizon has brought in former Woodside Petroleum senior manager Tina Thomas as executive vice-president of human resources, as the company undertakes a new organisational structure.
Perth-based explorer Alara Resources has signed an offtake agreement for copper from its Al Hadeetha project in Oman, with the deal including a $US6 million ($A7.8 million) pre-payment.
Birimian has appointed Michael Langford and James McKay as non-executive directors, following the retirement of Winton Willesee and Hugh Bresser from the board.
S2 Resources chairman Jeff Dowling and Clayton Utz partner Stephen Boyle have been named incoming directors of Fleetwood Corporation, while Michael Hardy has retired from board.
Dormant Perth-based biotech company Pharmanet Group will re-emerge as a gold explorer after entering into an agreement to acquire Keras Australia by way of a reverse takeover.
Henderson-based shipbuilder Austal says a modification to a previously awarded contract for littoral combat ships with the US Department of Defense is worth about $US36.6 million ($A47.8 million).
Carnegie Clean Energy has announced plans to raise up to $6 million to fund its share of the development costs of the $20 million Northam solar power project.
Arrium administrators KordaMentha has awarded BGC Contracting a $720 million contract to continue work at the Iron Knob and South Middleback Ranges iron ore projects in South Australia through to 2022.
Acacia Coal has appointed Hugh Callaghan as managing director, Rob Scott finance director, Peet Snyders chief operating officer, and Filippo Faralla general manager, strategy and marketing.
Ashley Reid has been appointed as the new chief executive of Cancer Council WA, replacing Susan Rooney who is stepping down in April, having led the organisation since 2002.
Heavy equipment supplier Emeco Holdings has launched a fully underwritten $20 million capital raising to fund its three-way merger with east coast companies Orionstone and Andy’s Earthmovers.
Dormant explorer New Horizon Coal has extended its deadline for an $18.8 million capital raising after receiving an underwriting commitment for 70 per cent of the target amount, as it looks to shift its focus to oil.
Royal Automobile Club of WA members will be eligible for a 5 per cent discount on health insurance cover through a new partnership with national provider HCF.
Local gold miner Millennium Minerals has found an internal candidate to replace outgoing chief executive Glenn Dovaston, who has resigned after two years at the helm.
Perth-based gold juniors Gascoyne Resources and Intermin Resources have both reached milestones, with Gascoyne earmarking GR Engineering Services for construction of processing infrastructure while Intermin has achieved first production.
Kidman Resources has entered into an agreement to farm-in to 19 lithium-prospective tenements in Western Australia owned by nickel miner Western Areas, with the scrip-and-spend deal worth up to $11.6 million.
Graphite-focused tech company Hazer Group has announced plans to form a joint venture with diversified business Mineral Resources, after MinRes boosted its stake in Hazer by subscribing for $5 million worth of shares.
Property-focused software company Servtech Global Holdings has wrapped up its first day of trading on the ASX, after completing a $6 million initial public offering.
Grants of up to $100,000 supporting patient-focused projects are now on offer for local neuroscientists through the Neurotrauma Research Program at the Harry Perkins Institute of Medical Research.
The developer of the Ichthys LNG project has moved to assure the 800 workers affected by Laing O’Rourke’s ejection from site that it would redeploy as many as it could to keep construction going.
