Developing a minerals project in Laos has been fairly straightforward for Subiaco-based exploration company, Rox Resources Ltd, despite a recent hurdle in the form of a Laotian government moratorium on foreign investment licences.
MOLY Mines Ltd has become the latest Western Australian mining company to gain backing from US investment group Harbinger Capital, which has also invested in Fortescue Metals Group, Poseidon Nickel an
West Perth-based Global Gold Holdings Ltd has performed strongly in its debut on the Australian Securities Exchange, closing up 35 per cent on its offer price.
Subaico-based Salinas Energy Ltd has raised $6.3 million through a share issue, allowing it to pursue further growth in its Southern California oil fields.
Leederville-based mineral explorer SmartTrans Holdings Ltd has raised $3.1 million through the placement of 83 million of shares to Chinese company China Alarm Holdings Ltd.
Subiaco-based Gondwana Resources Ltd will acquire the Wallal Downs prospect, located 180km east of Port Hedland, for the issue of shares worth around $57,000 to vendor Ausprey Resources Pty Ltd.
West Perth-based metals explorer Azure Minerals Ltd has applied for a mining concession covering an extensive area of surface mineralisation in Sonora, Mexico.
Nedlands-based investment company Oceanic Uranium Fund Ltd will raise $50 million in its initial public offer, raising funds to pursue investments in the uranium and broader energy sectors, the company has announced.
Mineral Resources Ltd directors led by Chris Ellison have sold $36.5 million worth of shares after the scrip came out of escrow, following the release of the company's full year results.
Shares in Belmont-based Ferrowest Ltd were up 14 per cent today after the company agreed to consider a supply deal to South Korean steel manufacturer Dongbu Steel, in exchange for its consideration of investment and other forms of support for the project.
Michael Kiernan-chaired Territory Resources Ltd has acquired about 14 per cent of Herdsman-based mineral sands miner Olympia Resources Ltd, causing Olympia's share price to rise sharply for the second day running.
Perth-based Alkane Exploration Ltd aims to raise $12.8 million through the underwritten issue of 40.1 million shares to existing shareholders on the basis of one new share for every five shares held.
West Perth-based Atlas Iron Ltd will sell the non-iron mineral rights of its Abydos and Goldsworthy tenements to West Perth gold explorer Shaw River Resources Ltd for $1.5 million in scrip and the issue of 2.5 million options, the company has announced.
West Perth-based Straits Resources Ltd subsidiary Straits Asia Resources Ltd has signed a debt financing agreement worth around $257 million to part fund its purchases of additional mine concession areas in Indonesia, the company has announced.
Como-based GME Resources Ltd will commence a trial heap leach program at the Cawse Nickel plant site, near Kalgoorlie, under an agreement with Norilsk Nickel Cawse Pty Ltd, the company has announced.
West Perth-based uranium and iron ore company Apollo Minerals Ltd will acquire an 80 per cent interest in an iron ore project in the Pilbara for up to $1 million under an option agreement, the company has announced.
West Perth-based oil and gas exploration company Baraka Petroleum Ltd has raised $3.3 million through a share purchase plan, with funds raised to help the company fully acquire the La Punta oil field in Colombia.
State Environment Minister David Templeman has toughened some of the conditions of Robe River Mining Company Ltd's planned development of mine pits at its Mesa A and Warramboo sites in the Pilbara.
West Perth-based metals explorer Azure Minerals Ltd has formally applied for the listing of its ordinary shares on the Toronto Stock Exchange's Venture Exchange, the company has announced.
