The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.
Saracen Mineral Holdings has purchased the Thunderbox gold project from Norilsk Nickel for $23 million, in a deal which could double the company's production to up to 270,000 ounces per year.
EXPERIENCED resources investment bankers Neville Gardiner and Jeremy Carlberg are preparing to launch a new corporate advisory outfit in Perth called Torridon Partners, adding further diversity to
Iron Ore Holdings has offloaded its Koodaideri South iron ore tenements in the Pilbara to Rio Tinto in exchange for $32 million cash plus a 2 per cent royalty payment.
The popularity of seeking international equity and dual listings in Canada has resulted in West Perth-based PCF Capital Group forming a partnership with Toronto-headquartered investment bank CIBC World Markets.