Deals

Rox Resources is planning to demerge two nickel assets into a new listed entity to focus on the development of its flagship Youanmi gold project near Mt Magnet.

One of Australia's oldest energy providers, AGL, wants to split its business in two as it comes under increasing pressure to move to clean energy.

Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.

REA Group has proposed a $244 million purchase of the Mortgage Choice broking business.

Australia's second oldest family business, Lionel Samson Sadleirs, has sold its Plantagenet Wine business to Tom Wisdom, a sixth-generation descendant of founder Lionel Samson.

Cranecorp and Tutt Bryant are forming a joint venture to provide clients access to a larger supply of cranes, heavy and lifting and transportation equipment.

Australian Strategic Materials has secured $65 million from investors while announcing plans to raise a further $41 million to build a rare earths processing facility in South Korea.

Mincor Resources has secured $55 million in funding from two banks to progress the restart of its Kambalda nickel operations, expected early next year.

Gaming giant Crown Resorts is being targeted for a takeover after US investment fund Blackstone made an unsolicited offer.

Subiaco-based Vital Metals will use $43 million raised from a share placement to complete the construction of its rare earths project in Canada.

Apollo Consolidated is selling its entire royalty over a goldmine in Cote d'Ivoire to fund further exploration at the company's Lake Rebecca project in WA.

Northern Star Resources is purchasing a gold project near its Carosue Dam operations from KalNorth Gold Mines.

Subiaco-based Paladin Energy is using funds secured from a placement and fully underwritten rights issue to progress the restart of its uranium operations in Namibia.

Red 5 says its King of the Hills project in WA is now fully funded, after the goldminer secured $235 million in debt and equity financing.

Local business Nickel X is planning to raise $5 million from an IPO, which will be used to explore its Western Australian projects.

Australian-Singaporean water and wastewater treatment company De.mem is paying $5.1 million to acquire a chemicals supplier in Perth.

Facebook has struck content deals with Australia's two largest media companies, News Corp and Nine Entertainment, following the recent introduction of bargaining laws.

Perth-based Jindalee Resources has secured $9 million from investors to fund the development of its lithium, gold and nickel projects.

Lithium miner Pilbara Minerals will use a $US15 million prepayment from one of its offtake partners to fund plant improvements at its Pilgangoora operations.

Mining major Rio Tinto has agreed to another copper farm-in deal, this time with Agrimin's private exploration subsidiary.

Horizon Gold has secured $5 million in funding from its major shareholder to progress a drilling program at the company's Gum Creek project in the Mid West.

NSW-focused copper play Peel Mining has sought funds from investors to progress a final investment decision for its South Cobar project.

Nickel miner Western Areas has secured $85 million to complete the development of its Odysseus project in the northern Goldfields while announcing plans to raise a further $15 million.

West Perth-based waste-to-energy company Delorean Corporation plans to list on the ASX in April after raising $14 million from an initial public offering.

A $285 million merger between local companies Dacian Gold and NTM Gold has been approved by the Supreme Court.

Strandline Resources says it has secured more than 90 per cent of the forecast revenue for its Coburn mineral sands project in WA, after signing a new offtake agreement with a UK customer.

Five large mining companies have separately launched initiatives this week to accelerate a move toward electrification of their mine sites.

Perth-based 92 Energy is planning to become the first pure-play uranium company to list on the ASX in more than a decade, having launched a $5 million initial public offering.

Bill Beament has thrown his support behind Perth-based copper play Venturex Resources, in a move that involves the Northern Star chairman stepping down from the board in July.

Oil and gas major Woodside Petroleum has secured another long-term sale for its Scarborough LNG project with a German customer.

Perth-based Deep Yellow has secured $40.8 million from investors to progress the development of a uranium project in Namibia.

Rare earth company Hastings Technology Metals has secured funds from a share placement to progress the construction of its Yangibana joint venture in Western Australia.