West Perth-based Exco Resources Ltd will work with Sydney-based Paradigm Metals Ltd to explore for uranium and other commodities on their Queensland tenements through a joint venture project, the companies have announced.
The share price of West Perth-based Anvil Mining Ltd closed down 11.3 per cent as a review by the government of the Democratic Republic of Congo into the nation's 61 mining contracts is due to be handed to the country's mines minister today.
West Perth-based Imdex Ltd has completed its acquisition of Chilean drilling fluids manufacturer and supplier Southernland SA for $US2.5 million in cash and scrip, (under $A2.8 million), the company has announced.
Perth-based metals explorer View Resources Ltd will raise $10.6 million through the placement of 53 million new shares at 20 cents each, to cover short term funding for its Bronzewing gold project, the company has announced.
Booragoon-based labour hire firm Total Staffing Solutions Ltd has announced plans to raise $7 million through its initial public offer, with funds raised used for the acquisition of a 51 per cent stake in recruitment company Mining People International.
Brierty Contractors Ltd has joined the rush of mining services and contracting groups planning to list on the Australian Securities Exchange with the launch this week of a $60 million initial public offering.
West Perth-based private company Asia Resources 168 Ltd has signed a farm-in deal with Carnegie Minerals Plc, which will see the UK-based company fund a nickel and iron exploration program on Asia Resources' tenements on Indonesia's Obi Island.
Funding problems surrounding West Perth-based Sphere Investments Ltd's Guelb el Aouj iron ore project in Mauritania have been resolved, with one party to a joint venture planning to take a 49.9 per cent stake deciding to go it alone.