Gina Rinehart's Hancock Prospecting has announced a $US300 million ($A395 million) investment in a UK-based fertiliser business chaired by former Fortescue Metals Group deputy CEO Russell Scrimshaw.
Subiaco-based Triton Minerals has been placed into voluntary administration, only two days after the graphite explorer's recently appointed chief executive Garth Higgo said it was well poised to advance its projects toward production.
Former Fortescue Metals Group chief financial officer and director Chris Catlow has joined Subiaco-based Triton Minerals as its new chairman, with Alan Jenks stepping down from the head of the board to take on a director role today.
Indo Mines has announced cutbacks to its board following an announcement that the company's Kulon Progo project in Indonesia was not economically viable with current commodity prices and cost input
FEATURE: Biotech and IT companies are enjoying renewed investor interest, but these innovative businesses are facing a changing capital raising market featuring less government support and, in Perth, a drastic shift in the venture capital sector.
