Wangara-based contractor Duratec has launched Western Australia’s largest initial public offering this year, adding to a flurry of WA companies aiming to list on the ASX.
Sandfire Resources is selling its gold project in New Zealand to fellow Perth-based explorer Auris Minerals, in a cash and scrip deal worth $23.2 million.
Encounter Resources has formed a joint venture with mining giant BHP, which will spend up to $22 million to explore the Elliott copper project in the Northern Territory.
Resources logistics company Bis has formed a partnership with Israel’s largest aerospace and defence company, IAI, to deliver mine site automation services.
Calidus Resources has signed an agreement to buy a high-grade gold project for $19.5 million, which will use infrastructure from the company’s proposed Warrawoona mine.
Anglo Australian Resources is seeking to raise $14 million for its gold project near Kalgoorlie, while fellow explorers Ardea Resources and Surefire Resources have also announced capital raisings.
Andrew Forrest-backed Mincor Resources has approved the development of its nickel operations in Western Australia’s Kambalda region, identifying first production from December next year.
The directors of Perth-based Cardinal Resources have accepted a takeover proposal from Chinese company Shandong Gold, ahead of a competing bid from Russian-owned Nordgold.
Aspiring gold producer De Grey Mining has received commitments to raise $100 million, which it will use to fund ongoing exploration at its Mallina project in the Pilbara.
Kerry Stokes-backed BCI Minerals has announced an underwritten entitlement offer to fund early construction works on its $780 million Mardie salt and potash project.
Perth-based Superior Lake Resources is selling one of its zinc assets to a Toronto-listed explorer for $16.5 million, and will become a major shareholder of the company.
Subiaco-based Mali Lithium has announced a major capital raising that exceeds its prevailing market value, with the proceeds to fund the acquisition of the Morila goldmine in Africa.
Chinese-owned Shandong Gold has responded to an increased takeover bid for Cardinal Resources, having offered to buy the West Perth company for around $566 million.
Nickel miner IGO has expanded its exploration efforts in Western Australia’s Fraser Range after signing a $7 million purchase agreement with Victoria-based Boadicea Resources.
Russian-owned Nordgold has made a new offer to buy Cardinal Resources, trumping a competing bid from Chinese company Shandong Gold by around $26 million.
WA-based chemo@home and aged care services provider Silver Chain are creating a joint venture to ensure more patients can access chemotherapy treatments at home.
High-performance computing company DUG Technology and Norwegian energy giant Equinor have signed a multi-year deal covering seismic processing and imaging technology.
Subiaco-based Mali Lithium is set to become a gold producer after announcing it will buy out Barrick Gold and AngloGold Ashanti’s stake in a West African mine.
A company part-owned by the Chinese government has been blocked from controlling popular Australian brands like Pura, Dairy Farmers and Dare flavoured milk.
Subiaco-based explorer Titan Minerals has agreed to sell its non-core assets in Peru for $US6.4 million ($A8.9 million) to focus on developing its gold and copper projects in Ecuador.
Shandong Gold has received federal government approval to proceed with its takeover of Perth-based Cardinal Resources, despite increasing sensitivity around Chinese foreign investment.
Fenix Resources is on track with development of its low-cost, high-grade iron ore project in Western Australia, after receiving commitments to raise $15 million.
