Arafura Resources is moving closer toward rare earth production, having secured funds to begin design and engineering works for its Nolans project in the Northern Territory.
SRG Group will become a top 10 insurance broker in Western Australia after finalising the acquisition of Gibbscorp, as two big global competitors pursue their own merger.
Sydney-based Sports Entertainment Group has confirmed its plans to purchase the Perth Wildcats from Jack Bendat, who has owned the basketball team since 2007.
Local business Coda Minerals is raising $14.4 million to accelerate an exploration program at the company’s majority owned Elizabeth Creek copper project in South Australia.
The Commonwealth Bank is offloading its general insurance business to the Hollard Group, which will then sell home and vehicle insurance to CBA customers.
Andrew Forrest’s Minderoo Foundation has participated in a $32 million funding round for a biotech company focused on preventative treatments for respiratory infections.
Gold explorer OreCorp has secured funds from a share placement to progress the development of its Nyanzaga project while it considers the demerger of its WA assets.
A Chinese exploration company has made a bid for West Perth-based Myanmar Metals, which is planning for an operational restart at the Bawdwin silver and lead project.
Gascoyne Resources is set to extend the life of its Dalgaranga operations near Mt Magnet through an all-scrip purchase of Firefly Resources, whose assets include a nearby gold project.
A Canadian miner planning a big project in South Korea is aiming to list on the ASX after signing up stockbroker Andrew Frazer as a director and underwriter.
Distribution services provider Stealth Global expects to grow its revenue by about $18 million, following the acquisition of Skipper Transport Parts from Eagers Automotive.
Subiaco-based Hawkstone Mining will focus on developing its Big Sandy lithium project in Arizona, having announced plans to demerge its metals assets into a new listed entity.
Mineral Resources has bought a minority stake in Aquila Resources, potentially breathing life into one of the largest undeveloped iron ore projects in Western Australia.
Perth-based power and telecommunications company GenusPlus Group has made its first acquisition since listing on the ASX, as well as secured a $60 million contract with Rio Tinto.
International engineering company DRA Global has pressed the button on its long-anticipated ASX float, after a major ownership restructure earlier this year.
Subiaco-based Peninsula Energy is using proceeds from a capital raising to fund its purchase of uranium concentrate, which may assist in the restart of its Lance operations in the US.
Como-based Dacian Gold has completed a share placement to accelerate a significant drilling program across the company’s Mt Morgans and Redcliffe operations in WA.
Canada-based nickel miner Noront Resources has confirmed it has received an acquisition proposal from Andrew Forrest-chaired mining vehicle Wyloo Metals.
Metals X has agreed to the sale and spinout of its entire nickel portfolio, in line with the company’s plans to focus on the development of its tin assets.
