Deals

Uranium explorer Peninsula Energy has announced it will raise $105.9 million in a bid to generate sustainable free cash flow and enhance activities at its US-based Lance project.

Western Australian cotton growers could be disadvantaged by a multinational company’s proposed takeover of the country’s largest producer, the competition regulator has warned.

Perth-based Killi Resources has entered into a $13 million option and joint venture agreement with South Africa-headquartered Gold Fields.

West Perth-based explorer Meteoric Resources has announced that the mineral resource estimate for its flagship Caldeira project in Brazil has increased by 150 per cent.

Shares in gold miner Pantoro dipped early on Tuesday, following news that it plans to raise $100 million courtesy of a two-tranche placement.

BHP has submitted a sweetened takeover proposal to Anglo American, valuing the rival miner at nearly $64 billion, but it has again been rebuffed.

Charter Hall has sold a seven-storey building, in the first St Georges Terrace office transaction in more than 12 months.

Southern Cross Electrical Engineering has announced it will acquire Sydney-based MDE Group for up to $10.55 million, courtesy of a share purchase agreement.

The West Perth company says the proceeds, in tandem with cash on hand, will fully fund the equity component of its $1.3 billion Hemi gold project in the Pilbara.

The Woolworths-anchored centre has changed hands from one Queensland group to another.

The $4 million property was purchased by a group of owners.

The $70 million purchase marks the second largest retail transaction this year in WA and was sold at 40 per cent below its replacement value.

Peet non-executive director Tony Lennon and his family have bought a site that formed part of Prix D’Amour from William and Rose Porteous for $3.75 million.

Entrepreneur Vikas Rambal’s $4.4 billion fortune leads a group of dozens of new names to be recognised for their wealth generation in the inaugural Business News Rich List.

Australian Venture Capital deals hit a more-than-five year low in Q1 2024.

Bunbury Farmers Market founder Graham Heath, who is in partnership with Gina Rinehart, has bought a Kwinana Beach property.

Gold Road Resources has ended discussions around possibly acquiring a major interest in a gold mine joint venture in Canada.

West Perth-headquartered mineral sands explorer Base Resources has received a multi-million dollar takeover offer from US critical minerals and uranium producer Energy Fuels.

Copper-gold explorer Titan Minerals has inked a joint venture partnership worth more than $185 million with a Hancock Prospecting subsidiary for one of its southern Ecuador projects.

Gina Rinehart’s Hancock Prospecting has amassed a substantial stake in Lynas Rare Earths, cementing its foothold in another major rare earth producer.

Jeff Leach has sold a Murray Street Mall retail complex to Banjo Bond, in the largest retail transaction in the CBD this year.

An eastern states buyer purchased the $4.5m property, with a view to expand their business.

Mining services player Macmahon Holdings is set to acquire mid-sized rival Decmil Group under a deal valued at about $110 million.

ASX-listed contractor Macmahon Holdings has offloaded a substantial portion of its mobile equipment fleet for about $44 million from a project in Queensland.

Boral’s board has backed major shareholder Seven Group Holdings’ sweetened takeover offer after the Stokes family-contolled bidder upped the value.

The land developer intends to build more than 200 apartments on the $15.5 million site, acquired from the City of Subiaco.

The oceanfront property was acquired by Hong Kong’s Oriental Property.

Shareholders in takeover target and lithium hopeful Azure Minerals have overwhelmingly voted in favour of Hancock Prospecting and SQM’s $1.7 billion offer.

Westgold Resources has announced it will merge with Toronto-listed Karora Resources, resulting in a market capitalisation value of approximately $2.2 billion.

APM Human Services has received a “disappointing” cash offer from its second largest shareholder Madison Dearborn Partners, 80 cents below the previous bid.

Perth-based Purpose Ventures has deployed almost 10 per cent of its $46 million fund in its first year of operations, including a recent top-up of its stake in startup PlanCare.

Takeover target Boral has doubled down on its recommendation to reject Seven Group Holdings' takeover offer, as the value range gets a trim.