Shandong Gold has received federal government approval to proceed with its takeover of Perth-based Cardinal Resources, despite increasing sensitivity around Chinese foreign investment.
Fenix Resources is on track with development of its low-cost, high-grade iron ore project in Western Australia, after receiving commitments to raise $15 million.
Lynas Corporation is raising $425 million to build its proposed rare earths processing facility in Kalgoorlie, while also disclosing an annual loss of $19.3 million.
Gold explorer Horizon Minerals is using $16 million raised from a share placement to fund its largest ever drilling program across its Western Australian portfolio.
Australian Potash has secured the majority of revenue forecast for its Lake Wells potash project in Western Australia after signing its fourth fertiliser offtake deal.
Bellevue Gold has received extra funding to progress its namesake project in Western Australia after its recent share purchase plan closed oversubscribed, raising $35 million.
Regis Resources has boosted its gold portfolio in Western Australia after securing tenements from fellow Perth-based explorer Stone Resources Australia.
Gold explorer Pantoro will use $50 million raised from a share placement to accelerate exploration activity at the company’s Norseman joint venture project in the Eastern Goldfields.
The Carramar Village shopping centre in Perth’s northern suburbs has been sold for $33.5 million; a move CBRE says represents the largest Perth shopping centre sale for 2020.
Caprice Resources is adding gold to its portfolio of projects after announcing plans to buy private company Goldview Metals, which owns the high-grade Island project in Western Australia.
Strandline Resources has made further progress on its mineral sands project in Western Australia, having launched an $18.5 million capital raise to begin early construction works.
