Deals

Legend Mining has completed the $17.5 million sale of its Ngovayang project in Cameroon to a subsidiary of India’s Jindal Steel and Power.

Infrastructure, energy and resources service provider Resource Development Group has jumped 275 per cent today on news it will acquire Perth-based Central Systems.

US private equity firm KKR has upped its bid for Treasury Wine Estates, but the battle for the owner of Penfolds wines may be just beginning.

Nido Petroleum directors have unanimously recommended off market takeover bid by BCP Energy International, subsidiary of Thai oil refinery Bangchak, for 5.5 cents per share.

Rubber recycler and manufacturer Reclaim Industries has announced a new board appointment and the successful completion of a $1 million placement.

Deloitte has become the latest of the big four to get involved in a wave of professional services deals, acquiring the boutique tax specialist KD Johns & Company which will make the post-merger firm the state's biggest accounting partnership.

Three-dimensional printer 3D Group is seeking a presence on the Australian Securities Exchange, in a reverse takeover.

BCP Energy International has announced it will acquire over 400 million shares in oil and gas explorer Nido Petroleum from Abu Dhabi’s Petroleum International Investment Corporation (Ipic).

Rio Tinto has sold its Rio Tinto Coal Mozambique subsidiary, including the major assets acquired in its $3.9 billion purchase of Riversdale Mining in 2011, for just $US50 million.

Gold and mineral explorer Renaissance Minerals has completed a $6 million equity placement to fund acceleration of exploration and drilling activity at its fully owned Cambodian gold project.

Potash West has announced it will farm into a historic potash producing region of Germany under a joint venture agreement, with a right to earn 55 per cent if it funds early exploration activities in the South Harz potash district.

Austbrokers Holdings has expanded into the Western Australian broking sector with the purchase of a 50 per cent interest in Bunbury-based insurance broker NEXUS Risk Services.

Stonehenge Metals has signed a deal with Korea Resources Investments and Development to provide the framework for a joint venture between the two companies.

Alicanto Minerals has today announced it has received firm commitments for a placement of 10 million shares to raise $1.5 million, and will be offering an additional $300,000 share purchase plan to eligible shareholders.

Perth-based Liquefied Natural Gas has agreed to buy out Anadarko Petroleum Corporation’s Bear Head LNG project for $US11 million.

Perth based copper explorer Avanco Resources has finalised a deal with global resources funds management giant BlackRock, which will provide $US12 million to fund development of the Antas North site in Brazil.

Kalgoorlie-based MacPhersons Resources has announced a new share placement to raise up $10.4 million to fund a bankable feasibility study on its Nimbus silver project.

Gold and copper explorer Silver Lake Resources has reached agreement with Newcrest Mining for acquisition of its share of the Mount Monger joint venture for around $1.5 million.

Retail veteran Solomon Lew has accepted a $210 million offer for his stake in Country Road, ending his long standoff with the new owner of David Jones.

Shares in Mungana Gold Mines rose by more than 25 per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $15 million acquisition of the Chilagoe base metal assets from the liquidators of Kagara, originally announced in December last year.

Perth-based Paladin Energy has settled the sale of a 25 per cent stake in its flagship Langer Heinrich uranium mine in Nambia, under a deal originally announced to the market in January this year.

Balcatta-based Sirius Resources has announced a $189 million capital raising to help develop its Nova nickel project near Norseman.

Perth-based mineral explorer GBM Resources has announced plans to raise $1.14 million through the placement of 57 million shares to investors valued at 2 cents per share.

Kin Mining has struck a $3 million funding deal with Geolord Resources to complete its acquisition of the Leonora gold project.

Mid-tier business broker Mergers & Acquisitions has broadened its exposure to international markets through a tie-up with European corporate advisory firm, Translink Corporate Finance.

Uranium Equities has announced a one for three rights issue and placement to raise up to $1.5 million for its Alligator Rivers uranium field and general working capital.

Perth-based Swan Gold Mining has completed a one-for-10 share consolidation as part of a restructuring of the company that it proposes including a capital raising of up to $20 million and debt to equity conversion of more than $29 million.

Revelations of Rupert Murdoch's $80 billion attempt to create the world's biggest media company has sparked speculation it will lead to a bid for Australia's Ten Network.

Shares in Perth gold miner Minera Gold rose by over 33 per cent after it announced it had signed an agreement to buy the San Santiago gold and copper processing plant in Peru for $US5.5million.

The $2.2 billion foreign takeover of David Jones will go ahead, after the Federal Court approved the sale of Australia's oldest department store to South Africa's Woolworths.

Perth-based Papillon Resources has agreed to amend the terms of its merger agreement with B2Gold to provide a new incentive for some of its shareholders.

Two months after acquiring fraccing technology developer Ecopropp, energy company Coretrack has completed a successful raising of $2 million to advance the new business.