Andrew Forrest has emerged as a surprise backer of Energy and Minerals Australia, taking a major stake in the Perth-based uranium explorer through a much-needed $12 million investment. EMA has also struck a debt-for-equity swap with its noteholders.
Continued growth of the Pilbara as an export-focused iron ore province received a huge boost today when Chinese steel giant Baosteel and Australian railway operator Aurizon teamed up to bid for the Perth company behind a $6 billion port and rail project.
Andrew Forrest's Minderoo Group has emerged as the surprise buyer of the state's largest beef processor, Harvey Beef, quashing speculation that the company would be sold to Chinese interests.
Melbourne company Vocation has acquired Perth-based Australian College of Applied Education and 50 per cent ownership of the Australian School of Management for $2.125m.
Dubber, a cloud based call recording platform, is preparing for a backdoor listing on the Australian Securities Exchange after signing a deal with West African gold explorer Crucible Gold.
Galaxy Resources has agreed to sell its Jiangsu lithium carbonate plant in China to Sichuan Tianqi Lithium Industries in a deal worth about $249 million.
Two Asian companies seeking control of food producer Goodman Fielder say they are undeterred by the company's rejection of their $1.27 billion takeover offer.
Energy and Minerals Australia has extended its trade suspension period to almost a month after signalling it has been unable to complete a proposed capital raising.
Nedlands-based explorer Bullabulling Gold has signalled it will not accept a takeover bid from Norton Gold Fields which values the company at about $24 million, saying the offer does not reflect the value of its assets.
Perth-based private company QCG Resources has agreed to purchase the mothballed Avesbury nickel mine in Tasmania from Chinese-controlled miner MMG for $40 million.
West Perth-based junior African Energy Resources has announced plans to raise $4.5 million through a share placement and rights issue to advance its coal and power projects in Botswana.
Cassini Resources has raised $10 million via a share placement with the proceeds earmarked for exploration activities its recently acquired West Musgrave nickel project.
Online education provider iCollege expects to begin trading within days on the Australian Securities Exchange as the company wraps up a reverse takeover of DGI Holdings.
Minrex Resources has agreed to a reverse takeover by private firm Skin Elements, a sunscreen and cosmetics company steered by former New Tel head Peter Malone and corporate advisor Luke Martino.
Perth-based explorer Kin Mining has agreed to purchase the Leonora gold project in the Goldfields from the administrators of Navigator Resources for $2.7 million.
Shares in Perth-based explorer Tawana Resources are trading lower after the company announced it has raised $5 million through a discounted share placement.
SPECIAL REPORT: The gold and technology sectors have experienced a boost in investment activity for the March quarter, but doubts remain over whether it will last.
Jacka Resources has launched a $3.9 million capital raising and will review its operations and restructure its board in a bid to cut costs following Tangiers Petroleum's failed takeover of the company.
Centaurus Metals has raised $5 million for early-stage works at its Jambreiro iron ore project in Brazil while it finalises a debt funding package for the development.
BHP Billiton's divestment of its West Musgrave nickel project to Cassini Resources has had a dramatic and valuable impact on the junior miner's share price.
Perth-based financial services group Pioneer Credit is looking to raise more than $40 million with the sale of just over half the company through an IPO which will provide capital for the group to expand its debt purchasing.
