Perth-based miner Viking Ashanti will merge with Mongolia-focused coal developer Auminco Mines under a share exchange transaction, with a capital raising of $4.5 million planned for the consolidated company in early 2014.
Perth-based Legend Mining has entered an agreement for the $17.5 million sale of its 90 per cent share in the Ngovayang iron ore project, in the Republic of Cameroon to Indian company Jindal Steel and Power.
Perth-based Vmoto has signed an exclusive distribution agreement with Indonesian automobile company PT. Garansindo Technlogies to stock and market its electric scooters in the country.
iiNet managing director Michael Malone will hand over control to chief financial officer David Buckingham for a three to six month period while he takes a break from duties, he announced at the company’s annual general meeting today.
The Australian Securities and Investments Commission has permanently banned a former broker from engaging in any financial services activities, following her jailing for defrauding 24 investors of more than $4 million.
Parent company Resolute Mining intends to officially purchase Noble Mineral Resources' Bibiani project and sell off its remaining assets with a proposed deed of company arrangement.
Gold miner Silver Lake Resources has said it is not in a position to pay dividends, with volatile gold prices and the state government’s minerals royalty review remaining as threats to its balance sheet.
Tanami Gold has seen its share price plunge 34 per cent after announcing an $11.75 million entitlement offer underwritten by its largest shareholder, Allied Property Resources.
Octanex and Perth's Peak Oil and Gas are working towards a merger, with Melbourne-based Octanex underwriting a rights issue for of $1.94 million that will go towards working capital for Peak prior to the implementation of the deal.
Listed company ILH Group has announced that its law firm subsidiaries Rockwell Olivier and Civic Legal plan to merge their Western Australian operations
The Housing Industry of Australia has welcomed the reinstatement of the Australian Building and Construction Commission and believes it is essential in boosting Australia’s productivity.
Perth-based refrigerator and air conditioning provider AJ Baker & Sons has acquired South Australian company Hill Equipment & Refrigeration CO for an undisclosed sum.
Oil and gas entrepreneur Peter Allchurch is set to become a major shareholder in Perth company TW Holdings after striking a deal to sell a Texas shale oil project to the listed company.
Fortescue Metals Group is continuing to accelerate its debt reduction by initiating repayment of nearly half of its $US2.04 billion in senior unsecured notes to its trustees that are due in 2015.
Perth-based Traka Resources has announced it has resolved to carry out a fundraising of up to $1.4 million for its ongoing West Musgraves copper and nickel project in central Western Australia.
The state government has finalised its preferred model for local council reform, putting forward new boundaries that would cut the number of metropolitan councils by half to 15 - one more than under proposals released in July.
Perth-based Wolf Minerals announced a milestone in the environmental permitting process for its Hemerdon tungsten and tin project in Devon, south-west England.
Fortescue Metals Group announced that lead arrangers Credit Suisse and JP Morgan have successfully completed an amendment and repricing process for its senior secured debt facility.
Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.
Finbar Group has obtained planning approval to build 154 residential apartments at the Springs precinct in Rivervale, coming off an announcement last week of approval for a $170 million project in Subiaco.
Downer EDI has secured a $400 million contract with Bechtel for two electrical and instrumentation packages for the downstream portion of the Chevron-operated Wheatstone project.
