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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.

FMG considers infrastructure sales

Fortescue Metals Group managing director Nev Power has confirmed the iron ore miner is assessing the possible sale of equity in its infrastructure assets.

Millennium to raise $8.1m for Pilbara gold

Gold miner Millennium Minerals has received firm commitments for an $8.1 million capital raising to provide a working capital buffer as it ramps up to full production at Nullagine gold project in the

Dacian makes successful ASX debut

Dacian Gold has been admitted to the Australian Securities Exchange’s official list, after completing a $20 million initial public offering last week.

TFS boardroom battle approaching climax

Boardroom ructions at agribusiness investment manager TFS Corporation are coming to a head, after two former directors requisitioned a meeting calling for the removal of executive chairman Frank Wilso

Swan Gold restructure hits problem

Long-running efforts by Michael Fotios’ investment company Investmet to revive Swan Gold Mining and related companies Stirling Resources and Redbank Copper have hit a major hurdle.

Cott Oil & Gas launches $8m IPO

Cott Oil & Gas is set to list on the Australian Securities Exchange, with the company planning an $8 million initial public offering to fund exploration across its portfolio of oil and gas acreage

Northern Minerals raises $5m for Browns Range

Northern Minerals has completed a $5 million share placement to fund development of the Browns Range heavy rare earths project in the Northern Territory.

Resolute the victor in Noble battle

Noble Mineral Resources has been forced to accept an $85 million financing offer from Resolute Mining after its preferred proposal from Chinese group Zhongrun Mining Investment fell short of gaining s

2012's largest gold float draws keen interest

Dacian Gold’s previously announced $20 million initial public offering has closed early and oversubscribed.

Apex rights issue raises just 4.5% of target

Gold miner Apex Minerals has fallen way short in its attempts to raise nearly $9 million to repay its debts and boost working capital, announcing this afternoon that shareholders had applied for just

Galaxy to raise $81m for Argentina mine

Lithium producer Galaxy Resources has received Chinese backing for an $81 million capital raising, which it will use to reduce its debts and progress development at the Sal de Vida lithium mine in Arg

Resolute has another crack at Noble offer

Resolute Mining has sweetened its $85 million financing proposal for Noble Mineral Resources for a second time, after Noble said it continued to prefer to enter a similar funding deal with Chinese gro

Toro secures $12m in debt finance

Uranium miner Toro Energy has lined up $12 million in debt finance to fund the completion of a definitive feasibility study at its Wiluna uranium project.

Avalon completes $8.4m placement

Avalon Minerals has completed an $8.4 million share placement to fund drilling activities at its Viscaria copper-iron project in northern Sweden.

Mergers for Perth law firms

Two Perth law firms have completed mergers this month, with Nedlands-based Cullen Babington Macleod acquiring a specialist liquor-licensing practice and CBD-based Q Legal joining with a Queensland fir

Resolute sweetens Noble finance offer

Resolute Mining has sweetened its $85 million financing offer to Noble Mineral Resources, adding on an unsecured $US15 million debt facility to cater for Noble’s short-term requirements.

FIRB green lights Shandong's Focus investment

China’s Shandong Gold has won approval from the Foreign Investment Review Board to take a 51 per cent stake in Perth-based miner Focus Minerals, in return for a $227.5 million investment.

Panel declines to move on LinQ takeover

The Takeovers Panel has knocked back an application from the Western Australian Fire and Emergency Services Superannuation Board regarding a LinQ Resources Fund takeover proposal launched by Singapore

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