Western Areas to raise $65m to fund growth

Nickel miner Western Areas has launched a $65 million capital raising to provide greater fiscal flexibility as it continues to explore its opportunities in the state’s Forrestania region, south-east o

Kimberley diamonds shine for Goodrich Resources

Goodrich Resources has entered a $14.4 million deal to purchase the Ellendale diamond mine in the Kimberley from UK-based Gem Diamonds.

Focus investors back Shandong placement

Focus Minerals shareholders have resoundingly backed a $227.5 million investment in the gold miner by China’s Shandong Gold.

Cash Converters raises $32.7m for growth plans

Cash Converters has announced a $32.7 million share placement to acquire franchise stores, open new corporate locations and finance its Australian and UK personal loans business.

Base to list on London's AIM

Base Resources has announced a plan to list on London’s Alternative Investment Market, in order to tap UK and European interest in its $US298 million Kwale mineral sands project in Kenya.

Gindalbie launches $62m equity raising

Gindalbie Metals has announced it will tap investors for $62 million to insulate it against continuing iron ore market volatility, as it ramps up production at the Karara magnetite project in the Mid

Chinese buy wine assets from Wavenet

Horticulture is proving the latest attraction for Chinese investors, with a major Donnybrook vineyard that was at the heart of one of the state’s most expensive tax-driven financial disasters becoming

Talbot Olivier to become Rockwell

Perth law firm Talbot Olivier plans to adopt a new brand as part of a link-up with two east coast firms also owned by listed company Integrated Legal Holdings.

Norfolk Group to put off search for suitor

Engineering contractor Norfolk Group says it will resume looking for a takeover partner at the end of the financial year after it was unable to secure a suitable offer from several interested parties.

Explorers brave harsh conditions to complete IPOs

Perth-based explorers Windward Resources and Auroch Resources have dipped their toes into a tough IPO market, raising a combined $5 million through initial public offerings that closed today.

Aphrodite gets Canadian backing for gold project

Aphrodite Gold has received $2.5 million for its namesake gold project near Kalgoorlie from a Canadian investment house.

Elemental to raise $19m for African potash

Elemental Minerals has raised $14 million and has announced plans to secure a further $5 million to advance studies and exploration at its Sintoukola Potash Project in the Republic of Congo.

Pura Vida raises $6m for Morocco drilling

Oil and gas junior Pura Vida Energy has completed a $5.95 million placement, to fund drilling programs at its Mazagan acreage off the coast of Morocco.

Capilano Honey bids for Wescobee

Western Australia’s major honey producer Wescobee has become the subject of a takeover offer by listed Brisbane company Capilano Honey.

Jacka lines up $10m for drilling programmes

Oil and gas explorer Jacka Resources has secured at least $10 million in funding to advance exploration programs set to commence early in the new year at its Hammamet project near Tunisia and Nigeria.

International group acquires Oceanica Consulting

International maritime design and engineering consultancy BMT Group has acquired Western Australia-based Oceanica Consulting.

Core Services Group to snap up Marcon

Listed company Core Services Group has announced plans to acquire civil engineering and construction contractor Marcon Group, formerly Marsh Civil, in an all-scrip transaction worth up to $10.1 millio

EMA to raise $4m for Mulga Rocks

Uranium junior Energy and Minerals Australia has completed a $4.12 million capital raising to continue development at its Mulga Rocks deposit in the north-east Goldfields.

Wolf lines up $115m debt facility for UK project

Wolf Minerals has secured credit approval from a syndicate of banks for a £75 million ($115 million) finance facility to go towards the development of its Hemerdon tungsten and tin project in south we

Gilly helps Wilson fend off fiery attack

The board of TFS Corporation has survived a tough annual meeting that saw executive chairman Frank Wilson call upon the company’s legal adviser, auditor and fellow directors to help deal with numerous

Potash West receives Chinese support

Potash West has received $3 million from Chinese backers to help fund a feasibility study for its Dandaragan Trough potash project in Western Australia.