West Perth-based nickel miner Mincor Resources NL has moved to accelerate one of its key exploration ventures in the zinc-lead industry after securing a joint venture with major Japanese Government entity, JOGMEC.
Apex Minerals NL has entered into a second nickel joint venture with Barrick Gold Corporation over its Lawler gold tenements in the north eastern Goldfields, which more than doubles the extent of nickel interests.
West Perth-based Lion Energy Ltd, a wholly owned subsidiary of Lion International Investments Ltd, has entered into a share purchase agreement to acquire 20.7 million ordinary shares in Papua Petroleum Ltd.
US-based company Apache Energy Ltd said it will have a clearer picture over the coming days of the extent of the damage and the impact on gas supplies caused by an explosion at its Varanus Island gas plant.
Picking over the carcasses of failed companies and seeking to bring them back to life is something of a specialty in the Western Australian corporate scene, where the appetite for risk and a ready supply of listed shells have spawned a unique industry.
Action on corporate collapses; Bankwest says it's safe despite sale rumours; Brierty sticks with same line as exchange steps up pressure; Metcash profit leaps but warns on volatility; Suncorp takes a $15m punt on WA's sunshine
Vmoto has raised $7 million through a share placement, with funds to be used to complete the acquisition of CSR Motorcycles in Spain, as well as to finalise payment for Stage 1 of its manufacturing facility in Nanjing, China.