Graphite explorer Metals of Africa has announced a $9 million capital raising and rebranding plans, with the company to change its name to ‘Battery Minerals Limited’.
A joint venture comprising Henderson-based contractor Civmec and international engineering firm Black & Veatch has been selected as preferred proponent for a $196 million wastewater project south of Perth.
A neuroscience-focused business that has been backed by the Perth-based Trevisan family has made a solid debut on the ASX after completing a $7 million initial public offering led by Azure Capital.
Oil and gas explorer Xstate Resources has entered into an agreement to acquire a 24.5 per cent stake in a producing onshore oil field in California for $US13 million ($A17 million).
Perth gold miner Saracen Mineral Holdings has locked in a financing facility of up to $150 million with a banking syndicate, replacing a previous loan deal that expired in September.
The founder and chairman of Fortescue Metals Group has reaffirmed his commitment to the iron ore industry by increasing his stake in the business, buying $6.9 million worth of shares in an on-market trade.
Belmont-based security company Threat Protect Australia has locked in a $10.5 million funding package with a Melbourne-based wealth management business, to continue its growth plans.
MMJ Phytotech has accepted a competing bid for the spin-out of its medical cannabis-focused Canadian subsidiaries onto the TSX Venture Exchange, with the new deal worth $C42 million ($A41 million).
Perth-based miner South32 has entered into an agreement to buy the Metropolitan Colliery and a 16.7 per cent stake in the Port Kembla coal terminal in NSW from Peabody Energy Corporation for $US200 million ($A261 million) in cash.
Altura Mining has followed the example of neighbouring lithium project developer, Pilbara Minerals, by purchasing a mothballed mine camp from Roy Hill Holdings.
The Australian Securities Exchange has softened the changes to its listing requirements for companies wishing to trade on the stock market, with the new rules to take effect from next month.
Soon-to-be lithium miner Galaxy Resources has expanded an existing agreement with investment group OCP Asia to borrow a further $16 million to meet working capital costs until first revenue is achieved at its Mt Cattlin mine.
Energy giant Woodside Petroleum says it has completed its $US440 million purchase of ConocoPhillips’ stake in an oilfield off the coast of Senegal, despite leaving a contractual dispute with one of the project’s partners unresolved.
Aspiring lithium miner Pilbara Minerals has agreed to purchase Roy Hill Holdings’ dormant 300-person camp facility for use at its Pilgangoora project for an undisclosed sum.
Perth-based explorer Bannerman Resources has tapped investors for $4 million to fund an engineering program to help reduce cost estimates at its $US793 million Etango uranium project in Africa.
Gina Rinehart and Shanghai CRED’s joint venture has proposed a counter-bid to that of the all-Australian consortium competing for the Kidman cattle empire, and says Hancock Prospecting would wholly acquire the target if foreign investment approvals aren't awarded.
A carbon foam-focused company chaired by Perth-based chartered accountant Gary Steinepreis has made huge gains on its first day of trading on the ASX, after completing a $9 million initial public offering.
Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.
Carnegie Wave Energy has wholly acquired solar power and lithium battery storage provider Energy Made Clean by purchasing the 65 per cent stake it didn’t already own.
Local waste management company Tox Free Solutions has entered into an agreement to buy medical waste solutions business Daniels in a cash, scrip and debt deal worth $186 million.
