Deals

Evolution Mining has bought a large stake in a local gold mining company with tenements near La Mancha's mines and processing plant near Kalgoorlie, which Evolution is also buying.

Iluka Resources looks set to snare Irish company Kenmare Resources after proposing a scrip takeover offer valued at $363 million.

Moore Stephens will become the 11th largest accounting firm in Western Australia after striking a merger agreement with the Perth office of UHY Haines Norton.

Minerals Corporation, which in 2013 was one of the first Perth-based mining companies to attempt a backdoor listing, has announced plans to exit the resources sector by acquiring an online music competition business.

Network Ten has warned it is nearing the limits of its $200 million loan and may need to raise more money as it attempts to boost ratings and lagging advertising revenue.

Gold miner Ramelius Resources has signed an agreement to farm-in to Clancy Exploration's Condobolin project in New South Wales.

The fate of Perth companies iiNet and Amcom Telecommunications rests with Sydney competitor TPG Telecom and its reclusive chairman David Teoh, and possibly with the competition watchdog, after a day of surprises.

Emeco Holdings has entered merger discussions with Queensland-based Orionstone, three weeks after the rival mining equipment supplier proposed a nil-premium merger.

Oil and gas explorer Odin Energy has struck an agreement to acquire a local cannabis and hemp 'aggregator', making it the third WA-based listed company to explore the cannabis sector in recent months.

Shares in resources developer Mungana Goldmines have shot up 33 per cent today after an off-market takeover proposal backed by private equity group Denham Capital.

Corporate and financial communication firms, Citadel PR and Magnus Investor Relations, have entered into an agreement to combine their businesses to form a significant independent national player.

The company behind the reverse takeover of local cloud-based technology company Norwood Systems has raised $5.5 million in an oversubscribed share offer.

Kerry Stokes' Seven West Media is tapping investors for up to $612 million to help it reduce its $1 billion pile of debt.

Shares in internet market target iiNet surged again today to a new intra-day high before closing at around $10 each in line with yesterday's formal bid from M2 Group.

West Perth-based explorer South Boulder Mines has announced another capital raising to fund ongoing work at its Colluli potash project in East Africa.

The receivers who took charge of the Windimurra vanadium project in February have put the trouble-plagued mine up for sale, with Gresham Advisory Partners appointed to find a buyer.

East Africa Resources has become the 36th Perth-based company to announce a backdoor listing deal in the past 18 months, with plans to exit uranium exploration and acquire local security services business Threat Protect Australia.

Students at the University of Western Australia have partnered with Nedlands-based money manager Viburnum Funds to set up a $20,000 student-run managed fund.

Metals explorer TNG has secured a $2 million placement to progress a feasibility study on its planned Mount Peake vanadium project in the Northern Territory.

Exploration firm Resource Star has announced plans to acquire a 60 per cent interest in a Chinese company which holds an exclusive licence to produce and distribute Candy Crush confectionery in Asia.

Fortescue Metals Group shares surged today after it surprised the market by completing a $US2.3 billion ($A2.9 billion) debt refinancing, while also benefiting from a much-needed lift in iron ore prices.

Maca and GR Engineering Services have become the preferred contractors for work at Cassini Resources' Nebo-Babel nickel project while also committing to the mining company's $8 million capital raising.

Sino Gas & Energy Holdings has completed an $80 million capital raising to fund a development plan for its onshore gas projects in China.

Five weeks after announcing a $7.2 million rights issue, and three weeks after getting a loan from two of its directors, Viento Group has called a trading halt on its shares while it considers funding options.

Liberty Resources is ticking the remaining boxes on its list of requirements to be met for its proposed acquisition of Cirrus Networks, with an independent expert giving the transaction its stamp of approval today, ahead of a shareholders meeting next month.

Regal Resources has entered into an agreement to acquire a 90 per cent interest in several tenements held by Vancouver-based Ivanhoe Mines, in close proximity to its Regal's copper project in Africa.

Copper explorer Avanco Resources has launched a $64 million capital raising to fund construction of its Antas project in Brazil into production.

Nedlands-based Mustera Property Group has bought a 2,223 square metre lot in East Perth from Georgiou Capital for $4 million, and has the option to buy an adjoining lot for a further $8.5 million.

Iron ore miner Centaurus Metals says it can no longer afford to develop its Candonga project in Brazil on its own, and will be seeking to either bring in a joint venture partner or sell the mine in order to survive in the tough economic climate.

Gold company Evolution Mining has finalised its purchase of La Mancha Resources' Australian assets and secured $100 million in financial firepower to continue its growth opportunities.

Copper and gold miner Oz Minerals is on the hunt for acquisitions as part of a major restructure.

Oil and gas explorer Discovery Resources has announced plans to leave the resources industry through the purchase of the Canberra Casino.