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Kennards buys Belmont business

National hire equipment supplier Kennards Hire has acquired a Belmont-based company that offers similar services for an undisclosed sun.

Lithium-focused MetalsTech debuts on ASX

Subiaco-based lithium explorer MetalsTech has enjoyed steady gains on its first day of trading on the ASX, after completing a $4.3 million initial public offering.

ACCC concerned about South32 coal assets deal

The competition watchdog has raised concerns over South32's proposed $US200 million acquisition of Peabody Energy Corporation's Metropolitan Colliery in NSW, on the grounds that it may lessen competition in the region.

Elders to buy Bunbury real estate business

Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.

Dacian to raise $110m for Mt Morgans

Dacian Gold has reignited plans to undertake a large equity raising, announcing today a $110 million placement and entitlement offer to fund development of its Mt Morgans gold project near Laverton.

Aust Mines to raise $6m for project work

Perth-based explorer Australian Mines has announced plans to raise up to $6.3 million from investors to fund ongoing work at its Sconi and Flemington scandium-cobalt projects.

Beadell raises $51m for plant upgrades

Gold miner Beadell Resources has rattled the tin for $51 million to pay for plant upgrades and further exploration work at its Tucano mine in Brazil.

Arafura taps investors for $5m

Rare earths explorer Arafura Resources has announced a $5.1 million capital raising to fund ongoing work at its Nolans project in the Northern Territory.

AusQuest surges on South32 venture

Shares in local explorer Ausquest have surged on news the company has struck an agreement with BHP Billiton spin-off South32, with the two companies to form a joint venture over prospective projects.

Indigenous contractor signs third deal this year

Indigenous Construction Resource Group has diversified its business by purchasing consulting group NANA Australia, the local offshoot of a giant Alaskan native corporation.

Gascoyne raises $55m for gold project

Perth-based explorer Gascoyne Resources has confirmed a $55 million capital raising to fund development of its Dalgaranga gold project in the Murchison region.

GBM Resources in Canadian merger

Mount Pleasant-based GBM Resources has struck a friendly merger agreement with listed Canadian company WCB Resources, bringing together gold projects in Australia and Papua New Guinea.

Southern Cross mine sold for $330m

Chinese conglomerate Shandong Tyan Home has acquired its second gold mine in Western Australia, reaching an agreement to buy the Southern Cross Gold operation in the Yilgarn for $330 million.

Rubik gets $68m takeover offer

Wyllie Group-backed Viburnum is set to receive a big payout when fintech Rubik Financial, in which it is a substantial shareholder, is acquired by Geneva-based banking and finance software firm Temenos for $68 million.

Saracen to buy Bundarra project

Saracen Mineral Holdings has entered into an agreement to purchase the Bundarra gold project from Bligh Resources in an all-scrip deal worth $8.5 million.

eSense-Lab debuts on ASX

Life sciences company eSense-Lab has enjoyed steady gains on its first day of trading on the ASX, after raising $3.5 million from investors in an initial public offering.

Westgold touts $80m project sale

Metals X spin-off Westgold Resources has entered into a toll processing agreement with Canadian company RNC Minerals that comes with an option to sell its South Kalgoorlie operations for $80 million in cash and shares.

Roto-Gro up on ASX debut

Canadian hydroponics technology company Roto-Gro International has closed its first day of trading on the ASX, after completing a $3.6 million initial public offering managed by Perth-based Barclay Wells.

Disability service providers merge

Rocky Bay has merged with fellow disability services provider Valued Independent People, following an extended period of collaboration.

Blackham confirms $35m raising

Gold miner Blackham Resources has confirmed a $35 million capital raising to fund ongoing work at its Matilda-Wiluna operation in the Mid West.

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