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Ampella bounces on sales plan

Ampella Mining shares have bounced off their two-year lows this week, after the Africa-focused gold miner announced it had commenced a targeted sales process.

Galaxy announces plan to create $500m lithium miner

Western Australia-based lithium miner Galaxy Resources has announced it will acquire Canada’s Lithium One to create the largest pure-play lithium company in the world, with a market capitalisation of

Marubeni, POSCO increase Roy Hill stake for $3.2bn

A consortium featuring Japan’s Marubeni and Korea’s POSCO has confirmed it will take a 30 per cent equity stake in Hancock Prospecting’s Roy Hill iron ore project in the Pilbara, in a deal that values

Zeta launches $8m IPO

Perth-based oil and gas explorer Zeta Petroleum has launched an $8 million IPO to fund the appraisal and development of its Romanian oil and gas assets.

Navigator lines up $US12m for Bronzewing

Navigator Resources has signed an agreement for a $US12 million debt facility with Canada’s Waterton Global Value.

Korab launches placement after withdrawing spin-out plans

Fresh from withdrawing plans to list its gold assets on the ASX, Korab Resources has completed a $1.78 million capital raising to fund exploration and development activities at its projects in Western

Merged broker becomes Octa Phillip

Stockbroking firm Intersuisse has unveiled its new brand following the acquisition of Austock Securities, and it has opted for a name that won’t easily be forgotten.

Kiwi investor backs Forge's Balla Balla plan

Forge Resources shares have jumped after it announced it had lined up $50 million in funding and signed a joint venture partner for its Balla Balla iron ore project near the Pilbara coast.

Inpex buys into $12bn Shell project

Japan’s Inpex Corporation announced today it had struck an agreement with Shell to purchase a 17.5 per cent interest in the Prelude floating LNG project, located off WA’s northern coast.

Mundo raises $3m for Peruvian gold

Mundo Minerals has announced a $3 million capital raising to accelerate gold production and exploration at its gold projects in Peru.

Carrick buys Mt Jewell for $8m

Carrick Gold says it is aiming to become the dominant gold explorer and developer in the northern goldfields, after acquiring Pioneer Resources' Mt Jewell gold tenements for $8 million.

Millennium restructures debts, raises $16.6m

Gold hopeful Millennium Minerals has announced a $16.6 million capital raising and has restructured its debt facilities to boost its coffers as it ramps up its Nullagine gold project in the Pilbara to

BDO cuts Sydney-Melbourne out of Australian franchise

Major second-tier accounting franchise BDO has dumped the firm representing it in NSW and Victoria in a schism which is likely to cause further musical chairs in the sector.

Middle Island seeks $10m for African gold

Middle Island Resources has announced a $10 million share placement to accelerate exploration at its gold projects in Liberia and Burkina Faso.

Atlantic secures $41.7m to cover gap

Iron ore and vanadium miner Atlantic has lined up a $41.7 million funding package to cover a cash shortfall caused by delays in production of ferrovanadium and iron ore exports from its Windimurra dev

Entrust moves to $1bn with Finovia deal

Entrust Private Wealth Management has announced a merger with Finovia, a Melbourne-based funds manager backed by the private investment arm of the Wyllie family.

Alkane boosts coffers with $107m raising

Alkane Resources has set out to raise $107 million to fund the development of two significant resource projects in New South Wales.

Waratah completes $3.5m placement

Waratah Resources has launched a $3.5 million capital raising to advance exploration efforts at its suite of iron ore projects in the Democratic Republic of Congo.

Exxaro moves to mop up African Iron

South Africa’s Exxaro Resources has taken its stake in takeover target African Iron to 97.88 per cent, allowing it to compulsorily acquire the remaining shares in the company.

GCU spends $2m on $9m listing plan

Goldfields Credit Union has lodged a prospectus ahead of its long-awaited stockmarket float, revealing that it will spend $1.86 million to demutualise and raise $9 million in new capital.

Equatorial accepts $65m offer for African Iron stake

Equatorial Resources has accepted South African miner Exxaro’s $65 million offer to purchase its 20.5 per cent stake in takeover target African Iron.

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