Struggling miner Reed Resources has agreed to sell its Comet Vale gold project to a private bidder for $2 million, about a third of the price offered by Crest Minerals in its terminated bid for the project last year.
Redstone Resources has raised $1.65 million to fund exploration of its 100 per cent owned Tollu copper project in the West Musgrave region of Western Australia.
West Perth-based copper junior Southern Hemisphere Mining has announced plans to raise up to $3.4 million through a share placement and entitlement issue.
Perth-based Independence Group will pay up to $6.5 million to earn-in to prospective base metal tenements held by Alchemy Resources in the northern Goldfields.
Large companies dominated the initial public offering market in 2013, with 96 per cent of all funds raised coming from companies with a market capitalisation of more than $100 million.
Struggling contractor Forge Group has forecast a loss of up to $25 million for the 2014 financial year, slashing its earnings guidance on the back of cost blow-outs at several projects.
US-based multinational Rollins Inc. has announced an agreement to acquire the assets and operations of Welshpool-based pest control company Allpest WA.
Northern Star Resources looks set to emerge as the fifth biggest gold mine operator in Western Australia following its $75 million acquisition of Barrick Gold's majority stake in the East Kundana joint venture and the Kanowna Belle mine.
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.
Blackham Resources shares are up 44 per cent after the minerals explorer agreed to pay $2 million for the Wiluna gold plant in Western Australia from the receivers of Apex Minerals.
SPECIAL REPORT: The past 12 months have been tough for WA’s corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
Wesfarmers is set to acquire a coal development licence worth $70 million from Peabody Energy, in a purchase which the company says will boost its total coal reserves by about 29 per cent.
Mineral Resources has confirmed the sale price of its Christmas Creek plant, saying Fortescue Metals Group will pay around $300 million for the processing facilities.
Welshpool-based exploration drilling equipment manufacturer Airdrill says it will reach a broader international customer base after being acquired by global drilling group Schramm, in a deal descri
Core Services Group has completed a long-planned all-scrip acquisition of Marcon Group worth up to $10.7 million, with an over-subscribed capital raising sealing a deal first announced in November 2012.
Telstra has sold a majority stake in its shrinking directories business Sensis to a US-based private equity investor, as it builds up a multi-billion dollar stockpile of cash to fund investment and, possibly, higher returns for shareholders.
Queensland’s Diatreme Resources has secured $2 million in backing from Hong Kong’s Perpetual Mining Holding for its potential $223 million Cyclone zircon project near Eucla, in the east of Western
Perth-based mining intelligence provider IntierraRMG has been acquired by American financial information firm SNL, with plans to integrate the companies' databases into a one-stop source of comprehensive information for the global mining industry.
Ian Trahar’s CO2 Group has taken another step towards becoming one of the nation’s largest aquaculture players, putting the finishing touches its $11.2 million takeover of Queensland prawn growing
Perth-based stockbroking firm Euroz has lodged a net profit of $12.3 million for the six months ended December 31, up around $2.7 million on the previous corresponding half-year.
Northern Star Resources expects to almost double its annual gold production to more than 200,000 ounces following its $25 million purchase of the Plutonic gold mine from Barrick Gold.
Contractor Viento Group plans to broaden its range of services with the purchase of Hazelmere-based switchroom manufacturer HVLV in a prospective deal worth up to $21 million.
Forge Group shares have recovered ground following a horror month of trading, with the contractor announcing it has been given the green light to proceed with $830 million of engineering works at the Roy Hill iron ore project.
Shares in Singapore-listed construction and engineering firm AusGroup have risen after the company announced a $S15.2 million ($A13.4 million) capital raising overnight.
TFS Corporation has lined up an $8.5 million purchase of a cattle station in the Northern Territory for the further establishment of Indian sandalwood plantations.
Shares in automated teller machine distribution company MyATM Holdings are higher after it announced it will acquire Perth-based cyber security firm iWebgate.
