Deals

The Perron Institute is kicking commercial goals, courtesy of big sales royalties and a planned ASX listing.

Mineral Resources has bought a minority stake in Aquila Resources, potentially breathing life into one of the largest undeveloped iron ore projects in Western Australia.

Perth-based power and telecommunications company GenusPlus Group has made its first acquisition since listing on the ASX, as well as secured a $60 million contract with Rio Tinto.

Nine Entertainment has completed deals with tech giants Google and Facebook that will mean it gets paid for its news content.

International engineering company DRA Global has pressed the button on its long-anticipated ASX float, after a major ownership restructure earlier this year.

Subiaco-based Peninsula Energy is using proceeds from a capital raising to fund its purchase of uranium concentrate, which may assist in the restart of its Lance operations in the US.

The owner of Pizza Hut and KFC has proposed to acquire ASX-listed hospitality software company Dragontail Systems.

The Commonwealth Bank has bought stakes in an online shopping group and power retailer as it tries to keep pace with innovative online rivals.

Como-based Dacian Gold has completed a share placement to accelerate a significant drilling program across the company's Mt Morgans and Redcliffe operations in WA.

HBF's membership is set to exceed 1 million with the acquisition of CUA Health later this year.

Canada-based nickel miner Noront Resources has confirmed it has received an acquisition proposal from Andrew Forrest-chaired mining vehicle Wyloo Metals.

Metals X has agreed to the sale and spinout of its entire nickel portfolio, in line with the company's plans to focus on the development of its tin assets.

Wangara company Dynamic Drill and Blast is raising $10 million from a share placement to fund its recently announced acquisition of Orlando Drilling.

Salt Lake Potash has secured a further $28 million in funding as it deals with delays to the commissioning of its Lake Way project, while Australian Potash is raising $10 million.

Viburnum Funds has acquired a 25 per cent stake in mining data company MaxMine for an undisclosed sum, signalling a long-term partnership between the companies.

Toro Energy is raising $15 million to advance its Wiluna uranium project in WA, as well as pay back debt and fund exploration programs.

Lucapa Diamond Company is paying $8.5 million in cash to acquire a past-producing project in WA, with the purchase to be funded by a planned capital raising.

BHP could spend up to $22 million exploring Encounter Resources' Elliott copper project in the Northern Territory, having finalised a joint venture arrangement.

Toronto-listed First Quantum Minerals will sell 30 per cent of the Ravensthorpe nickel mine to South Korean Posco for $CAD240 million, with plans to consider battery precursor materials.

Local engineering and construction group Aerison is planning to list on the ASX next month, having lodged an IPO to raise $13.5 million.

Wangara business Dynamic Drill and Blast expects to add about $30 million to its full-year revenue, following the acquisition of fellow contractor Orlando Drilling.

Great Boulder Resources has secured $5.5 million from a share placement to fast-track exploration at its Side Well and Whiteheads gold projects.

Wangara-based contractor McKay Drilling has agreed to sell all its shares in the company to a major Canadian firm for $80 million.

South32 is expecting to book a loss of up to $US175 million this financial year, in relation to the sale of its South African coal operations to local mining company Seriti Resources.

West Perth-based Predictive Discovery has raised funds to progress its largest drilling program to date for the company's Bankan gold project in Guinea.

Crown Resorts board has decided a takeover offer from Blackstone is not in shareholders' best interests but it hasn't made up its mind on Star's offer.

Three Western Australian gold explorers have launched IPOs this past week, with the biggest raising headed by Subiaco-based Barton Gold.

Andrew Forrest's Western Force has signed on local business Tribe Tech as a major partner for the inaugural Super Rugby Trans-Tasman season, which kicks off tomorrow.

Pendulum Capital, led by Peter Fogarty and Greg Harvey, will acquire a 19.9 per cent stake in Alterra.

Perth-based Challenger Exploration is using funds raised from a share placement to take full control of its flagship gold project, in Argentina, and expand drilling programs.

Shares in recruitment firm Hiremii dropped in value by close to 30 per cent today following an overall slump for tech stocks on the ASX.

West Perth-based Marvel Gold is proposing to demerge a Tanzanian graphite project into a new listed entity that will target $13 million under an IPO, expected to launch next month.