Gas pipeline owner Hastings Diversified Utilities Fund (HDF) has rejected a surprise takeover offer by APA Group but says it's still open to a higher bid.
Uranium explorer Bannerman Resources has announced that it has received subscription commitments for an $8.2 million share placement, with funds going to complete its feasibility study on its Entan
Total mining employment in Western Australia has surpassed 100,000 people for the first time, indicative of the growth of the state’s resources sector.
Iron Ore Holdings plans to buy back up to 10 per cent of its shares on market, saying the iron ore explorer's share price does not reflect the fair value of its assets.
Perth-headquartered emerging developer Coal of Africa has announced its intention to proceed with the issue and allotment of 50.32 million conditional placing shares, the second tranche in a US$106
Southern Cross Goldfields has completed a $3.3m capital raising to fund the completion of a feasibility study at its Marda gold project and exploration at the Copper Bore VMS copper-gold project.
WA-based Hot Chili has completed a private placement, raising $22.3 million for its Productora copper-gold project in Chile, which has extensive drilling and scoping studies already in place.
Base metals producer Kagara has completed a $25 million share placement at 31 cents per share, to complete the acquisition of its Einasleigh copper project in Queensland and fund exploration activi
Gas pipeline owner APA Group has made a $1.8 billion takeover offer for Hastings Diversified Utilities Fund (HDF), an investment fund with gas pipeline assets.
Mako Energy, Transerv Energy and Tamaska Oil & Gas, as the Alberta Joint Venture (AJV), will sell an 80 per cent interest in parts of its Duvernay Shale gas and Rock Creek oil projects in Canad
Australia's resources and energy exports are set to reach a new record this financial year, though the growth will not be as strong as previously anticipated because of easing commodity prices.
Junior minerals explorer Blackthorn Resources has extracted the first ore from its joint venture Perkoa project in Africa, and production remains on target to begin in the second half of 2012.
Leighton Holdings subsidiary John Holland has secured a $370 million contract to design and construct the accommodation village for Chevron's Wheatstone gas project near Onslow.
Tanami Gold managing director Graeme Sloan has left the company, after it announced that the development strategy for its Central Tanami project would be reviewed in light of its drilling success.
Chinese investment group Wah Nam International has moved to gain full ownership of iron ore company Brockman Resources, through a takeover pitched at less than half the value of its original offer.
Australian-based minerals company Avalon Minerals is set to raise $3.88 million through a share placement with copper producer, developer, and explorer Mawson West.
The heated battle for control of explorer Paynes Find Gold has resulted in the election of one out of three candidates who stood at Friday’s specially-requisitioned meeting of shareholders.
Perth-based coal producer ZYL has announced intentions to prioritise the fast-tracking of development at its newly-acquired Mbila anthracite project ahead of its Kangwane anthracite project.
WA-based oil and gas company Jacka Resources has entered into an agreement with Providence Resources to acquire a direct interest in the OML 113 petroleum licence in Nigeria, which includes the Aje
China Petrochemical Corp (Sinopec) has increased its stake in Origin Energy and US giant ConocoPhillips' Australia Pacific liquefied natural gas (LNG) project.
Mount Gibson Iron managing director Luke Tonkin has left the miner ahead of his planned departure date after talks with other board members about his termination package collapsed.
Uranium explorer Extract Resources looks set to fall under Chinese ownership after a widely-anticipated takeover offer for its major shareholder, UK-based Kalahari Minerals, was announced over
WA-based uranium explorer Aura Energy is set to raise $3.4 million in the form of a non-renounceable entitlements issue, fully underwritten by Cygnet Capital.