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.
International engineering company DRA Global has pressed the button on its long-anticipated ASX float, after a major ownership restructure earlier this year.
Pilbara Minerals has lodged a $US175 million bid for fellow lithium miner Altura Mining, though Altura is working on its own recapitalisation plan after being put in receivership.
Private investment group Viburnum Funds has acquired a majority shareholding in Henderson-based Cranecorp Australia in a deal believed to be worth about $50 million.
Gold junior De Grey Mining is raising $31.2 million from a share placement to continue exploring its Mallina project in the Pilbara, with a focus on the recently announced Hemi discovery.
Pioneer Credit has started to engage with potential buyers of the business and is also seeking to refinance its $220 million debt, after last week's collapse of the Carlyle Group takeover.
Perth-based explorer Tesoro Resources will begin trading on the Australian Securities Exchange tomorrow after completing a backdoor listing, an outcome that's been increasingly rare of late.
Emeco Holdings has expanded its service offering after signing a $72 million agreement to acquire Australian underground mining equipment and services provider, Pit N Portal.
Pioneer Credit has named US investment group Carlyle as preferred bidder to acquire the business, at a price of $1.82 per share, a large discount to the company's latest closing price of $2.46 per share.
Panoramic Resources has advised shareholders not to take action in respect of the off-market takeover offer launched last week by Independence Group, while also criticising some of the conditions attached to the offer.
Azumah Resources' firm rejection of Ibaera Capital's initial takeover offer has paid dividends, with the private equity group agreeing to increase its offer for the West Perth-based miner.
WA Super has announced it will invest $20 million in the WA Impact Fund, as part of its membership of the newly founded Impact Investment Alliance of WA.
SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.
Copper and zinc producer Heron Resources has launched a $91 million funding package, as it is set to run out of cash this month, following delays in construction and ramp-up at its Woodlawn zinc-copper project in NSW.
Ibaera Capital has made a hostile $27.4 million takeover bid for fellow West Perth-based company Azumah Resources, as the fund manager seeks to get both hands on its gold joint venture in West Africa.
Investment group QIC will need to increase its $422 million offer for Pacific Energy, after a consortium consisting of OPTrust and Infrastructure Capital Group lobbed a superior offer to the remote power provider.
Pioneer Credit could be in breach of its loan covenants, after it said a change in the accounting treatment of its consumer debt portfolios would likely result in a dent to its underlying earnings.
Australian Finance Group has signed a binding agreement to acquire Melbourne-based Connective Group in a cash-and-scrip deal worth around $120 million that will create an entity with over 6,575 brokers.
The end of the financial year has triggered the sale of a spate of long-running private companies in Western Australia, including global tech leader Immersive Technologies, mining consultancy CSA Global and Action Industrial Catering.
Mining services firm Macmahon Holdings has acquired underground mining contractor GBF, which currently has around $266 million worth of work in its order book.
Independent corporate advisory firm Azure Capital has announced two major changes, with French banking group Natixis buying a majority stake while sister company Azure Consulting will be bought out by its four partners.
Pioneer Credit's shares have surged 27.4 per cent to close at $2.51 each, after the company confirmed it has received a takeover proposal at a “material premium” to its current share price.
Intermin Resources has signed an exclusivity deed with Focus Minerals to potentially acquire its Coolgardie gold project for $40 million over a three-and-a-half year period.
Consulting and corporate advisory firm Mainsheet Capital is planning to accelerate its growth after key people at predecessor firm Mainsheet Corporate were reunited.
Neurotech International has announced it is seeking to raise up to $3.3 million via a rights issue, with plans to use the funds to change the strategic direction of the company's Mente product.
MZI Resources has decided to explore the sale of its Keysbrook mineral sands mine after recurring technical setbacks left the company saddled with high debt.
Sheffield Resources has appointed global investment bank UBS as its corporate adviser to help assess potential investments by a strategic partner in the Thunderbird mineral sands project in the Kimberley.
Sheffield Resources has announced plans to raise up to $19 million, enabling the company to formally evaluate potential strategic partners for its Thunderbird mineral sands project in the Kimberley.
