London-listed miner and explorer Polo Resources has expanded its presence in the state after taking up shareholdings in junior explorers Impact Minerals and West Australian Metals.
Three Western Australian junior explorers are the latest in a string of companies to head to market for fresh equity, today unveiling plans to raise a total of nearly $10 million.
Cash-strapped biodiesel producer Australian Renewable Fuels plans to raise over $2 million, underwritten by a major shareholder, as it acknowledges it has continued to struggle to generate cash flow.
Sinosteel Midwest Corporation has warned its Mid West iron ore project may not go ahead after the environmental watchdog failed to approve an integral part of the mining proposal.
Chevron has continued to sell its Wheatstone liquefied natural gas project as a standalone operation with the launch today of 'The Wheatstone Imperative'.
Nickel miner Panoramic Resources is on the hunt for "company transforming" acquisition opportunities after it bought out the remaining interest in the Lanfranchi project it did not own.
Cash-poor uranium explorer Uranio has planned a scrip-based merger with a private company headed by uranium industry stalwart Alan Eggers, and has tipped further corporate deals.
GRD Minproc, a subsidiary of GRD, has secured definitive feasibility study work for Canadian mining company Greystar Resources' gold and silver project in Colombia.
Sinosteel Midwest Corp may be forced to revise its iron ore project in the Mid West after Western Australia's environmental authority recommended that mining not proceed at one of three proposed sites.
West Perth-based explorer Forte Energy, formerly Murchison United, plans to raise $10 million through institutional investors to advance its uranium projects in West Africa.
Explorer West Australian Metals plans to raise up to $9.9 million in a bid to secure cornerstone investors for its Marenica uranium project in Namibia.
Straits Resources has entered a $5 million all-scrip option deal to offload its Whim Creek processing plant in the Pilbara to Sydney-based Finders Resources.
BP has entered a deal to sell gas from an offshore Western Australian gas field to Shell and then buy it back as liquefied natural gas after it has been processed through the Gorgon LNG project.
Takeover target Bonaparte Diamond Mines has recommended shareholders reject a bid by Union Resources, deemed fair and reasonable by independent experts, in favour of the Minemakers offer.
Shares in Nedlands-based explorer Reward Minerals have slumped after the National Native Title Tribunal ruled the company cannot access its Lake Disappointment potash project.
