Deals

Mineral exploration company Encounter Resources has tapped investors for $10 million to advance exploration activities at its West Australian and Northern Territory projects.

The Takeovers Panel has declared that circumstances involving two entitlement offers at media firm The Market Herald were unacceptable.

Swedish multinational Epiroc has bolstered its ranking as one of WA's largest mining services companies, after coming to the rescue of local manufacturer Schramm and saving 80 jobs in the process.

Monadelphous is set to buy Melbourne-based mechanical and electrical services business BMC for about $22 million in a bid to expand its eastern seaboard presence.

Joint venture partners Strike Energy and Talon Energy have struck another deal for their Walyering development with oil and gas giant Santos.

Critical minerals developer Australian Strategic Materials has reached a partnership deal with rare earth magnet manufacturer Noveon Magnetics.

Genesis Minerals has improved its proposal to buy St Barbara's Leonora assets as the takeover target squashes talks with Silver Lake Resources.

Newcrest Mining has entered into a binding all-scrip takeover agreement with US-based Newmont Corporation, concluding months of dealmaking between the gold producers.

Chalice Mining will top up its coffers by $70 million courtesy of a private placement to institutional investors.

Junior miner Trek Metals has reached a deal with Rio Tinto for exploration activities at its nickel and copper project in the Pilbara.

Takeover target Newcrest Mining has pushed back the exclusivity period for global mining giant Newmont Corporation's $32 billion offer until next week.

Silver Lake Resources has lobbed a revised proposal to merge with St Barbara saying it ‘stands ready' to progress due diligence and move to a binding offer.

Lithium chemicals companies Allkem and Livent have locked in an all-stock merger to create a new global player worth $A15.7 billion.

Low-level radioactive waste stored at Tellus Holdings' Sandy Ridge facility in the Goldfields will be processed to develop medical treatments under a new deal.

Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.

Silver Lake Resources has reaffirmed its disappointment in St Barbara's alleged lack of engagement on a competing proposal, despite the target shutting down any hopes of a merger last week.

St Barbara has backed in its call to accept a $640 million offer from Genesis Minerals despite Silver Lake Resources claiming the target declined to engage on a competing proposal.

The Pier Street asset is set to change hands for $22.5 million.

Takeover target Newcrest Mining has granted exclusivity for the due diligence period on Newmont Corporation's $32 billion offer until next week.

Collie-based medicinal cannabis company Cannaponics has raised more than $3 million for its new facility, setting the record for the biggest raise on crowdfunding platform Birchal for 2023.

Chris Ellison-led Mineral Resources has moved to a compulsory acquisition of its Perth Basin partner Norwest Energy after securing a more than 90 per cent stake in the company.

The deal between Dexus and Fiveight took a year to settle.

Global insurance brokers Marsh and BMS Group have each expanded their WA presence, adding to a string of M&A deals by big players snapping up local operators.

Three businesses formed in Perth have been given a new lease of life after being acquired by global players.

Junior miner Venus Metals has entered into a joint venture and farm-in deal with IGO Limited for exploration and potential development at its Henderson nickel and lithium project.

ASX-listed lithium developer Liontown Resources has played down media speculation of a takeover proposal superior to Albemarle's failed bid for the company in March.

Alliance Nickel has struck a $15 million offtake agreement with automotive manufacturer Stellantis to supply battery grade materials for electric vehicles.

The West Perth-based property fund has bought a hotel and liquor store for $15 million as part of its first total return fund.

Carnaby Resources is set to raise $20 million to fund exploration activities at its gold and copper project in Queensland.

Wyloo Metals has gained control of Mincor Resources after the Andrew Forrest-led company secured majority voting power.

Mining services contractor Macmahon Holdings will invest more than $10 million in Calidus Resources' plan to raise $38.5 million to expand its gold project in the Pilbara.

Food innovator Whole. has raised $1.5 million to fund the development of its technology, which reduces waste and enhances efficiency in the production process.