Deals

Hancock Prospecting's latest on-market purchase of Liontown Resources shares could take Gina Rinehart even closer to the top end of the lithium developer's register.

John Welborn-chaired Fenix Resources has struck a deal with an offshoot of the world’s largest steel producer to mine and export up to 10 million tonnes of iron ore from the Mid West.

Liquidators for Alita Resources are working against the clock to push ahead with the sale of the company’s Bald Hill mine to Mineral Resources, as details of the bid remain tightly under wraps.

Marine technology firm VEEM has secured an agreement with US-based Sharrow Engineering to manufacture and sell a collaborative propeller product.

Monadelphous Group has moved to bolster its civil construction offerings with the purchase of Western Australian contractor Melchor Construction.

The Julie Drago-led company has added two Kewdale properties to its stable of assets for $6.3 million.

Gina Rinehart's Hancock Prospecting has picked another parcel of Liontown Resources shares, accompanied by a further swipe at the explorer's under-construction flagship.

Confirmation from ASX-listed explorer Lithium Power International that it has been in talks with Chilean copper giant Codelco lifted its share price 35 per cent.

Major WA aged care provider Juniper has acquired Wheatbelt aged care facility Waratah Lodge, adding to its portfolio of regional investments.

Perth-based Adenco, a contractor engaged by the likes of Rio Tinto, BHP and Roy Hill, has been acquired by rapidly expanding UK-based engineering firm RSK Group.

A Cockburn Central power line business that has been operating for more than 30 years has been snapped up by New South Wales-based resources services provider RSGx.

Hancock Prospecting has acquired another batch of Liontown Resources shares and continued to air concerns of production and cost risks surrounding the Kathleen Valley development.

Chris Ellison’s Mineral Resources plans to raise more than $1 billion through five-year senior unsecured notes to generate capital expenditure funds.

The retail asset sold for considerably less than the asking price.

The Beyondie project will be placed under care and maintenance ahead of a planned restart under proposed new owners Agrimin, who will raise capital in the coming weeks to fund the buy.

Gold mining giant Newmont Corporation has cleared a key regulatory hurdle in Australia to proceed with its takeover of Newcrest Mining.

UPDATE: Silver Lake Resources has confirmed itself as the buyer of a substantial slice in Leonora gold miner Red 5, labelling the move as a 'strategic investment'.

One of the few potash aspirants in Western Australia has signalled a shift away from the commodity by buying a gold and base metals exploration project in Queensland.

A potential sale is on the cards for a Carnarvon salt mine majority owned by Rio Tinto, although operators say there's no certainty a deal will be struck.

Ausgold has bought two farming properties covering more than 1,000 hectares at its Katanning Gold Project for $10 million.

Australian Venue Co will add The Court Hotel to its Western Australian portfolio, with owner Bree Maddox ready to move on after 18 years of operating the Northbridge venue.

Two new specialist investor networks were launched in Western Australia this week, adding extra capital raising avenues for local startups.

Locus Development Group and Security Capital Australia bought the Woolworths anchored asset and have signalled expansion plans.

Gina Rinehart's private investment business owns a substantial stake in Albemarle takeover target Liontown Resources and may seek a seat at the board, a disclosure from the group has revealed.

De Grey-backed gold explorer Novo Resources made its debut on the Australian Stock Exchange on Monday, ending the day up 20 per cent.

Liontown Resources and Albemarle have struck a non-disclosure and exclusivity agreement allowing the US lithium giant to proceed with due diligence.

The Subiaco-based developer is looking to resubmit its Fremantle proposal, after purchasing the site adjacent to its existing landholding.

Properties & Pathways has bought a seven-storey office building on Murray Street from Nick Zorzi-led Fairworld Holdings.

Mineral Resources has sought to pluck Alita Resources’ Bald Hill lithium mine out of the hands of administrators after the Foreign Investment Review Board blocked a bid from a foreign buyer.

Shares in Tim Goyder’s lithium developer Liontown Resources rally after revealing intentions to accept what will be the fourth disclosed takeover proposal from Albemarle Corporation.

Institutional and domestic shareholders have backed WA1 Resources to raise $15 million to fund drilling and development activities at its West Arunta project.

Institutional and sophisticated investors have supported a $16 million raise for ASX-listed Ardea Resources to fund a study for its Kalgoorlie nickel project.