Deals

Shares in Fenix Resources have hit a nine-year high after the company struck an agreement to export iron ore from the Port of Geraldton.

Subiaco-based New World Resources has secured $10 million from a share placement to fast-track a drilling program at the company's high-grade copper project in the US.

The demerged company of Perth-based Magmatic Resources is seeking to raise $10 million from its initial public offering, which opened today.

Woodside has hailed the benefits of Amazon Web Services computing infrastructure on the same day the state government signed a deal with AWS.

Perth-based cloud services provider NEXION Networks is seeking to list on the ASX early next year after launching an $8 million initial public offering.

Contractor Downer EDI is selling 70 per cent of its laundries business to a private equity firm for $155 million.

Pilbara Minerals has moved closer to gaining control of Altura Mining's key asset after striking a $US175 million agreement with the lithium miner's receivers and managers.

Perth-based Hot Chili has arranged a $25.6 million private placement to fund the payment of its recent copper-gold project acquisition.

Chalice Gold Mines has launched a mega capital raising to boost exploration activities at its high-grade Julimar project in Western Australia.

Tyranna Resources has sold a gold project in South Australia for $3 million, while fellow Perth-based explorer Hannans is purchasing assets in Western Australia.

Platina Resources will ramp-up its exploration efforts in Western Australia using the sale proceeds from its Skaergaard gold and palladium project in Greenland.

Azure Minerals has raised funds to continue exploring its Andover nickel-copper project in the Pilbara, as well as begin its search for gold.

Upcoming producer GWR Group has secured access to a port storage facility in Geraldton to export iron ore from its Wiluna West operations.

Technology Metals is raising $8 million from a share placement, which will go towards a feasibility study for its Yarrabubba iron-vanadium project in Western Australia.

Shares in Perth-based Stealth Global Holdings surged 80 per cent today after it announced the purchase of a hardware and tool supplier for $3.8 million.

Bega Cheese will buy food and beverage company Lion for $534 million and substantially bolster its product range and retail presence.

Perth-based Greenland Minerals has launched a $33 million capital raising to fund the development of its flagship rare earths project.

China's Shandong Gold has matched a new bid to buy out takeover target Cardinal Resources, having offered to pay $1.05 per company share.

Perth-based lithium miner Galaxy Resources has sought up to $161 million to fund the first stage of its Sal de Vida development in Argentina.

South32 has agreed to sell a package of mining royalties to a Canadian business for $US55 million ($A75 million) in cash and shares.

A Ghanaian business has joined the battle to buy out Perth-based Cardinal Resources, topping previous bids for the gold explorer with a new cash offer of $1.05 per share.

NRW Holdings is seeking its fifth acquisition after announcing a $100 million off-market takeover of fellow Perth-based contractor Primero Group.

Perth-based Suvo Strategic Minerals is purchasing kaolin operations in Victoria for $2 million, while fellow miner WA Kaolin is getting ready for its ASX debut.

OM Holdings has raised its stake in a manganese project, two days after joint venture partner Bryah Resources received a $5 million cash offer for its interest in the asset.

Metal Hawk's share price closed up 30 per cent on its first day of trading, while fellow gold explorer Medallion Metals has sought an ASX listing before Christmas.

Australia's largest automotive dealer is planning a major restructure of its Perth properties, buying three from the Wheatley-Prater family and exiting six others.

Ardea Resources has signed a farm-in deal with goldminer Red 5, which will spend up to $2.3 million to explore two projects in Western Australia.

Australia's competition watchdog has temporarily approved collaboration between Virgin Australia and Alliance Airlines to create more regional services.

West Perth-based information technology company Qbit has expanded its offering after acquiring two technology companies, PCGURU and Innov8ive Technology.

Perth-based 88 Energy has completed a $10 million share placement to fund continuing exploration work in Alaska's North Slope.

Contractor Primero Group and private investment firm AMCI have made a move on Bryah Resources' stake in a manganese project in Western Australia.

Southern Cross Electrical Engineering is set to expand its service offering with the $53.5 million acquisition of an electrical services group based in Victoria.