Fraser Beattie

Shares in Perth gold miner Minera Gold rose by over 33 per cent after it announced it had signed an agreement to buy the San Santiago gold and copper processing plant in Peru for $US5.5million.

Perth-based Papillon Resources has agreed to amend the terms of its merger agreement with B2Gold to provide a new incentive for some of its shareholders.

Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources’ Gnaweeda gold project in the Murchison region of Western Australia.

Perth oil and gas explorer Antares Energy has responded vigorously to claims by one of its major shareholders that it lacked transparency around a major deal and the disclosure of directors’ interests.

Fleetwood Corporation has appointed its current chief financial officer and company secretary Bradley Denison as managing director, following the resignation of former chief executive Stephen Price in April.

Tiger Resources has taken a further $25 million advance payment to help fund construction at tis Kipoi copper project in the Democratic Republic of Congo, under a proposed offtake arrangement with commodity trader Gerald Metals.

Perth-based marine environment specialist BMT Oceanica has formed a partnership with aquaculture advisory group SmartAqua, ahead of major growth predicted in the industry.

Beach Energy has accepted Woodside Petroleum's offer to acquire a 70 per cent interest in the Lake Tanganyika basin in Tanzania.

Kalgoorlie-based Phoenix Gold has agreed to purchase St Ives Gold Mining Company’s heap leach processing plant near Kambalda for $2 million.