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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.

De Grey in $15m gold project deal

Metals explorer De Grey Mining has entered into an option agreement to acquire private company Northwest Nonferrous Mining Australia's Indee gold project near Port Hedland for $15 million.

SportsHero to list after raising $3m

App company SportsHero is set for its ASX debut after raising $3.2 million from investors and completing a reverse takeover of Perth-based Nevada Iron.

Galaxy raises $61m for Americas ventures

Galaxy Resources has set the bar for the largest capital raising undertaken by a WA-based company for 2017, announcing a $61 million capital raising to fund development work at its Sal de Vida lithium project in Argentina.

Emeco restructure costs hit $39m

Emeco Holdings today sent out a mammoth 811 pages of documentation for its revised restructuring scheme, and buried inside is a breakdown of fees showing that, while its lawyers will get paid more, the company's financial advisers will take a haircut after the first restructuring scheme fell over.

Scancam taps investors for $1.2m

North Perth-based tech company Scancam has raised $1.2 million from investors as it seeks to expand sales of its anti-fuel theft technology into new markets.

AngloGold takes stake in Orinoco

AngloGold Ashanti has made a $6 million investment in Perth-based Orinoco Gold and plans to spend $US9.5 million ($A12.4 million) to farm-in on the company's gold tenements in Brazil.

Capricorn secures funds for gold project

Aspiring gold miner Capricorn Metals has secured a $10 million investment from an overseas asset manager to fund ongoing work at its Karlawinda project near Newman.

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