Galaxy Resources has restructured its debts and will now turn its focus to its operations after announcing its long-running capital raising has secured $17.2 million to date.
South African miner Gold Fields will splash $US300 million purchasing Barrick Gold’s Granny Smith, Lawlers and Darlot gold mines in the Yilgarn region, near Southern Cross, and plans to integrate the
Amcom Telecommunications has snapped up data centre operator aCure Technology for $14.3 million as demand for new information technology services grows.
West African Resources has raised $3 million to fast-track the development of a processing plant and exploration at its Moktedu gold project in Burkina Faso.
Canadian resources giant Teck has exercised its right to earn an additional interest in Rox Resources’ Reward zinc project and will spend an additional $10 million on exploring the tenements.
Three years after completing a management buy-out, JSW Australia directors Jeff Branson and John Silverthorne have struck an agreement to sell their debt-laden drilling business; but they won’t be get
Perth-based coal explorer Ascot Resources has secured $1 million in funding from engineering and minerals processing group Sedgman, which will emerge as Ascot’s largest shareholder.
Battling vanadium miner Atlantic has secured an additional $20 million in high interest debt to fund continued development at its Windimurra mine in the Mid West.
Alcyone Resources has secured $7.4 million through a recent entitlements offer and shortfall placement, just scraping over the capital raising’s minimum subscription level of $6 million.
Hardware giant Bunnings has sold a suite of its warehouse properties and a bulky goods centre to the listed BWP Trust for more than $312 million, under a sale and lease-back arrangement.
