News Articles for Argonaut

Shares in potash developer Kalium Lakes will remain suspended as it drafts in Argonaut to helm a strategic process exploring any and all options for the business.

Westgold Resources has declared its intentions to make a $177 million scrip bid for gold junior Musgrave Minerals, with both companies occupying land in the busy Murchison gold province.

WA produces a diverse array of minerals, yet one commodity dominates the sector.

Three stalwarts of broking share the highs, lows and lessons learned from their careers doing business in resources-rich WA.

Perth broker Argonaut has brought in former Goldman Sachs executive Ben Clifford to helm the firm's nascent gold fund and a new office in Sydney.

An insolvency specialist who previously managed the estate of Lang Hancock will take control of the bankrupt estate of Russell Moran, which include debts of more than $120 million.

Gina Rinehart's Hancock Prospecting has backed Catalyst Metal's $22 million placement to accelerate exploration activities in the Plutonic-Marymia gold belt, subject to an acquisition.

Gina Rinehart-backed Catalyst Metals has inked a $C55 million merger with Toronto-based Superior Gold, just a month after securing control of Vango Mining.

Zenith Insurance Services, Dardanup Butchering Co, Austral Pool Solutions, Omni Dental and Forpark Australia were among numerous private WA companies to change hands late last year.

Perth-based Catalyst Metals announced it has agreed on $66 million for its off-market scrip takeover bid of Sydney-headquartered gold explorer Vango Mining.

Stockbroking and investment group Argonaut will launch its third fund next week, focusing on the hard-hit gold sector as a counter cyclical play.

Global Lithium is lining up $121 million from institutional investors to buy the remaining stake in its second exploration project, with Mineral Resources pitching in to maintain its interest.

De Grey Mining is sounding out institutional investors for a $150 million capital raising to fund a definitive feasibility study for its star asset.

Our weekly appointments wrap includes Elizabeth Gaines, Paul Fitzpatrick, Jenn Morris, Virginia Miltrup, Drew Tomkins, Giacinta Parish, Mark Reed, Greg Jason, Paul Bird, and Luca Pietropiccolo.

AIC Mines has laid plans to make a $36 million scrip bid for recently-listed explorer Demetallica, sending the target's share price up 42.5 per cent.

Perth investment bank and stockbroker Argonaut has disclosed a big lift in annual profit to $16.7 million following its merger with advisory firm PCF Capital Group.

Bankrupt former Atrum Coal director Russell Moran has suffered another legal setback, losing an 11th-hour bid to appeal a $290,000 bill issued by failed company Minco Holdings.

WA's aspiring gold producers are navigating new challenges to firm up discoveries.

Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.

Predictive Discovery is on track to raise up to $60 million to bulk up the mineral resource of its Bankan gold project in Guinea.

Russia's potential displacement as a nickel trading partner has moved the dial on supply projections.

Fresh demand for uranium has renewed belief among some in the sector that the market will turn again.

Global Lithium secured new investment from Mineral Resources, Pantoro is set to bank $45 million ahead of planned first gold production, while Westgold raised $100 million to step up output.

Dundee Corporation has upped its stake in Ausgold under a 4 cents per share capital raising, under which the explorer gained a new institutional investor.

Elevate Uranium and Valor Resources have raised funds to advance their uranium projects, while fellow WA companies Saturn Metals and Medallion Metals are continuing their search for gold.

Global Lithium Resources has attracted funding from one of the world's largest EV battery producers via a $13.6 million capital raise while Blackstone Minerals is on track to raise $60 million.

Gold Road Resources has stepped in to counter Ramelius Resources' proposed takeover bid for Apollo Consolidated, tabling an all-cash unconditional offer.

De Grey Mining is looking to institutional investors to fund the development of what it believes may become one of the largest producing gold mines in Australia.

Family Zone has launched a $146 million capital raising to fund its acquisition of UK-based digital safety company Smoothwall.

Perth equity fund managers are having to look harder for value after generating very strong returns during the past year.

Stockbroking and corporate finance firm Argonaut is expanding its operations after striking a deal to merge with Liam Twigger's specialist advisory business PCF Capital Group.

Family Zone, a cyber security technology specialist based in West Perth, is set to purchase a classroom management business using proceeds from an equity raising.

A Perth company planning a major iron ore project in the Mid West is readying for an ASX listing, signing up Argonaut as lead manager and recruiting new directors.

Global Lithium Resources has begun its first day of trading after raising $10 million under an IPO, with its share price jumping 40 per cent.

Caravel Minerals will use $7.5 million raised from a share placement to fast-track the development of its namesake copper project in the Wheatbelt while St George Mining is raising $7 million.

Listed software developer K2fly is raising $7.25 million from a share placement, primarily to strengthen its balance sheet and pursue potential acquisitions.

High-quality copper prospects are becoming harder to find, but juniors are poised for the challenge.

Perth company Global Lithium Resources is expected to close its $10 million initial public offering after just four days, signalling keen investor interest in its Pilbara project.

WA gold explorer Medallion Metals has listed on the stock exchange after raising $12.5 million from an initial public offering.

Bill Beament has thrown his support behind Perth-based copper play Venturex Resources, in a move that involves the Northern Star chairman stepping down from the board in July.