Shares in mineral sands-aspirant Sheffield Resources touched an all-time high today after the federal government approved a $95 million debt facility to develop the company's Thunderbird project in the Kimberley.
Geoff Ward has been appointed as chief executive of local tech company Hazer Group, while Michael Minosora is set to chair junior explorer Golden Deeps.
West Perth-based Neometals will demerge its Barrambie vanadium and titanium project early next year, as the businesses gears up for a final investment decision on its planned Kalgoorlie lithium hydroxide refinery in mid-2019.
MOD Resources has increased the capacity of its planned processing plant at the T3 copper project in Botswana, while also appointing a lead engineer for the feasibility study, along with debt advisers for the project.
SPECIAL REPORT: A new corporate advisory firm working from a historic building in West Perth has rapidly made an impact, advising on more than a dozen transactions for public and private companies.
Tap Oil has urged shareholders to reject a $29.8 million takeover bid from major shareholder Risco Energy Investments, after independent expert BDO valued the company well above the offer price.
South African firm DRA has expanded its Australian presence with the purchase of G&S Engineering Services from diversified infrastructure company Calibre Group.
Ausdrill has announced plans to sell its telecommunications subsidiary to private group Powerlines Plus (now part of GenusPlus Group), while also agreeing to take a majority stake, along with other investors, in mining technology company HiSeis.
Company director and former WA attorney general Cheryl Edwardes has been appointed as the new chairperson for agribusiness CropLogic while St John of God Health Care has appointed Azure Capital managing partner Adrian Arundell to its board.
SPECIAL REPORT: There have been some big moves among corporate finance dealmakers in Perth, who worked on more than 850 transactions worth nearly $25 billion in 2017.
Kalgoorlie-based bank Goldfields Money has agreed to a scrip-based merger with mortgage aggregator Finsure, valuing the combined group at $97.5 million.
Brisbane-based Firstmac Holdings said today it would not extend its cash takeover offer for Goldfields Money, which has recommended shareholders support an alternative scrip-based merger with mortgage aggregator Finsure.
Sheffield Resources has mandated finance group Taurus to arrange a $US200 million ($A255 million) debt facility for development of its Thunderbird mineral sands project, and also named GR Engineering Services as its preferred contractor.
A scholarship fund established in honour of late Western Australian corporate leader Geoff Rasmussen has named its inaugural prize recipient, a chemistry and psychology student at the University of Western Australia.
Azure Capital, KPMG and Bis Industries are among the local businesses that have signed on for a series of outdoor events later this month for Starlight Children Foundation's 2017 Great Adventure Ch
Aspiring miner Heron Resources has tapped investors for about $240 million and says it is now fully funded to develop its Woodlawn zinc-copper project in NSW.
Perth entrepreneur Craig Mitchell and property funds manager Angelo Del Borrello are facing off over the future of four large roadhouses in northern WA, with the outcome having a big bearing on investors who pumped $22.5 million into four related property trusts.
Perth entrepreneur Steve Tobin is gearing up for an expansion of oil and gas and minerals exploration in Australia, after selling a majority stake in Terrex Seismic to a private equity group to fund the acquisition of what he believes is a breakthrough technology.
SPECIAL REPORT: The mergers and acquisitions market was eventful in the March quarter, with Chinese and private equity investors to the fore, multiple WA businesses on the block, and a surprise advisory switch on a key takeover.
Aspiring mineral sands miner Sheffield Resources has entered into offtake agreements for 20 per cent of zircon produced from its planned $348 million Thunderbird project near Derby.
Loss-making livestock exporter Wellard is undertaking a share placement and entitlement offer as part of a $52 million capital raising it hopes will allow it to exploit a predicted improvement in trading conditions.
Sheffield Resources has moved to the next stage of progressing its Thunderbird mineral sands project near Derby, after releasing a bankable feasibility study which revealed a development capex of $348 million.
Chinese conglomerate Shandong Tyan Home has acquired its second gold mine in Western Australia, reaching an agreement to buy the Southern Cross Gold operation in the Yilgarn for $330 million.
A neuroscience-focused business that has been backed by the Perth-based Trevisan family has made a solid debut on the ASX after completing a $7 million initial public offering led by Azure Capital.
SPECIAL REPORT: The stock market's appetite for new listings is allowing a range of companies, from family-owned engineering firm Veem to big national player Alinta Energy, to raise capital.
Western Australia's largest indigenous contractor has parted ways with chief executive Jeff McGlinn, less than a year after the former NRW Holdings boss was lured out of retirement.
Colin Barnett says he is confident he has the support to continue as premier if there is a leadership spill this week, following the resignation of ministers Dean Nalder and Tony Simpson over the weekend.
Perth-based Rox Resources accepted a revised offer from Marindi Metals for its stake in the Reward zinc-lead project in the Northern Territory, with the new cash-and-scrip deal worth $21 million.
Heron Resources is the latest company to announce plans to spin-out its non-core assets into a new company, following similar recent movements by Metals X, TNG and Indiana Resources.
Not for profit MercyCare will boost its residential aged care services with the acquisition of privately-owned Belrose Care Group for an undisclosed sum.
