Global Advanced Metals has sold the last of its shares in Wildcat Resources as it focuses on expansion of its Greenbushes mine operation and US manufacturing facility.
A mining-focused private equity fund co-founded by James McClements has received a $117 million loan through the federal government's renewable energy scheme.
Our weekly appointments wrap includes Yaya Ouattara, Caigen Wang, Maree Arnason, Derek La Ferla, Ben Morton, Darryl Cuzzubbo, Gavin Lockyer, Niamh O'Connor, Anna Shave, Brendon Grylls and Martina Mariano.
Our weekly appointments wrap includes Emma Williamson, Rebecca Moore, Sallese McNeil, Lisa Jansen, Brendan Hurrell, Alan Myers, Monish Paul, Ross McEwan, Andrew Irvine, Niamh O'Connor, Gower He and Stephen Ross.
Resource Capital Funds has struck a deal to sell resources-focused engineering consultant Ausenco to a trio of US investment firms for around US$578 million ($900 million).
Genesis Minerals is understood to have locked in a new deal to buy St Barbara's Leonora assets for $600 million while removing risks tied to its earlier merger plan.
Shares in St Barbara and Genesis Minerals have both risen strongly today in a rare example of both parties to a takeover deal gaining from the transaction.
Leichhardt Industrial's $280 million solar salt project in the Pilbara has received a major boost, with Melbourne's billionaire Smorgon family buying a 20 per cent stake in the project.
Swedish company Hexagon has expanded its WA presence with a second local acquisition, buying drilling technology business Minnovare in a deal potentially worth in excess of $100 million.
Pilbara Minerals has moved closer to gaining control of Altura Mining's key asset after striking a $US175 million agreement with the lithium miner's receivers and managers.
Pilbara Minerals has lodged a $US175 million bid for fellow lithium miner Altura Mining, though Altura is working on its own recapitalisation plan after being put in receivership.
The state government has awarded lead agency status to the Eramurra Solar Salt project, one of three planned salt projects in northern WA collectively worth $1.4 billion.
WA Super has announced it will invest $20 million in the WA Impact Fund, as part of its membership of the newly founded Impact Investment Alliance of WA.
McGrathNicol has been appointed administrators to MZI Resources, just over a month after it announced it was $32.25 million in the red for the half-year to December, compared to a $11.34 million loss from the prior corresponding period.
Gina Rinehart's Hancock Prospecting is aiming to further diversify its operations by taking over Sydney-based Riversdale Resources, which is focused on developing a new coal project in Canada.
MZI Resources has decided to explore the sale of its Keysbrook mineral sands mine after recurring technical setbacks left the company saddled with high debt.
Mineral sands miner MZI Resources has announced the completion of upgrades at its Keysbrook operation, while also outlining delays in the project and attempts to seek waivers from some conditions of an $80 million debt funding package.
Spanish-owned contractor Duro Felguera Australia, which is involved in multiple legal disputes arising from its work on big resources projects, has been ordered to set aside $20 million because of concerns it would not be able to pay potential claims.
Mineral sands miner MZI Resources has announced a new $US61 million ($80 million) debt funding package with major shareholder Resource Capital Fund to continue development at its Keysbrook operation near Serpentine and facilitate debt restructuring.
Local resources executive Vanessa Guthrie has been appointed to the board of uranium explorer Vimy Resources as a nominated representative of fund manager Resource Capital Funds.
The Supreme Court has ordered privately owned mining company Global Advanced Metals to open its books to a minority shareholder, despite the shareholder being a competitor, a litigation adversary in the US, and having a chief executive who was found to have carelessly handled confidential information supplied earlier this year.
Perth-based Wolf Minerals has received a $16.8 million extension to its existing debt facility with Resource Capital Funds, as problems at its Drakelands tungsten mine in England continue.
Norway-based investment bank Pareto Securities has completed its first major Australian deal, as sole manager of a $US100 million ($A133 million) bond issue announced today by Pilbara Minerals.
Mineral sands miner MZI Resources has tapped its major shareholder Resource Capital Funds for a $US5 million ($A6.7 million) debt financing deal to expand the mining area at its Keysbrook operation near Serpentine.
Mineral sands miner MZI Resources has announced the resignation of both its managing director and chief operating officer, while finalising a $US16 million loan deal.
Metals producer Wolf Minerals has secured a debt restructure with its creditors and a $32 million loan with a major shareholder, after running into problems at its Drakelands mine in southern England.
Resource Capital Funds is set to emerge with a near 30 per cent stake in Vimy Resources when the uranium company completes a $22 million capital boost to fund ongoing work at its Mulga Rock project in the eastern Goldfields.
