Perth-based explorer Geopacific Resources has entered into an agreement to farm-in to Kula Gold's Woodlark Island gold project in Papua New Guinea, in a deal worth up to $18.6 million.
Mineral Resources was coy about its plans after today announcing it has agreed to buy mining tenements, including lithium deposits, and infrastructure at the Wodgina tantalum mine, which is owned by private group Global Advanced Metals.
SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart's recent moves.
Social Ventures Australia has secured backing from three philanthropic foundations established by prominent businesspeople in Perth for the first venture in a new innovative local fund.
The worst might be over for many of the state's mining services businesses, as they seek to bounce back from the effects of the slowdown in resources project development.
Mining-focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.
SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.
Perth-based Tiger Resources has finalised terms of a $US162.5 million ($A225.5 million) finance facility with two investment groups to refinance its debt and fund expansion of its Kipoi copper project.
An optimisation study on Bannerman Resources' Etango uranium project has found a 9 per cent reduction in pre-production capital costs to $US793 million ($A1.1 billion).
Uranium hopeful Bannerman Resources is looking to take full ownership of the Etango project in Africa and become debt free, through a deal with its two major shareholders.
Perth-based Metalicity has commenced exploration activity and a scoping study at its recently acquired base metals projects, after a 12-month restructuring process that concluded yesterday when it began trading on the ASX.
KPMG has named the eight businesses it has selected to participate in its recently announced technology accelerator Energise, which will be held in Perth.
Euroz has announced its second expansion move in the funds management sector in the space of a week, with the launch of a partnership with Melbourne-based Flinders Investment Partners.
Gold and copper miner Geopacific Resources has launched a $23 million capital raising to fund an exploration program at its Kou Sa project in Cambodia.
THE launch this month of independent oil and gas producer Quadrant Energy has underlined the big role private equity investors play in Western Australia, owning more than a dozen major businesses a
KPMG has secured backing from more than a dozen major businesses for its Energise technology accelerator, which will provide financial and in-kind support to eight startup businesses servicing the energy and resources sector.
Perth-based PLD Corporation will proceed with acquiring three zinc and nickel projects, including collapsed miner Kagara's Admiral Bay zinc project, now that it has secured about $10 million from two mining finance managers, including Resource Capital Funds.
Peninsula Energy has secured $69.4 million in fully underwritten institutional funding for its Lance projects in Wyoming, enabling the company to transition to a uranium producer in 2015.
Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.
Global private equity group Denham Capital has teamed up with former Karara Mining chief executive Steve Murdoch to establish a venture that will invest in a handful of new and established mining projects.
Perth-based boutique investment firm NWQ Capital Management has reached the top of the ranks in risk-adjusted performance for its hedge fund, which invests in hedge-fund products in the Asia-Pacific.
Copper explorer India Resources has signed a placement agreement with Resource Capital Funds for the issue of up to 200 million shares to raise up to $1.6 million.
Wolf Minerals has arranged final funding for construction of its Hemerdon tungsten and tin project in England after agreeing to a discounted share placement.
SPECIAL REPORT: Tight debt and equity environments have led many junior mining and exploration firms to seek alternative arrangements to finance their operations.
SPECIAL REPORT: The past 12 months have been tough for WA's corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
MZI Resources has completed a $5 million equity raising, with international private equity group Resource Capital Fund boosting its stake in MZI to just less than 15 per cent.
MZI Resources says it is in discussions with finance providers following news that one of the two lead arranging banks appointed to provide debt funding for its Keysbrook mineral sands project has withdrawn from the process.
MZI Resources has secured $US41.5 million in funding from international private equity group Resource Capital Funds for the development of its Keysbrook mineral sands project.
Wolf Minerals is planning to mine an obscure commodity in an unusual location, but has still been able to raise $212 million by tapping just about every funding source available.
Contracting group GR Engineering says the start of a $123 million works package at Wolf Minerals' Hemerdon tungsten and tin project in England is a welcome boost in a murky mining services market.
Shares in GR Engineering have jumped on the ASX this morning, after the company announced a £75 million ($111 million) contract with Wolf Minerals at the Hemerdon tungsten and tin mine in England.
Wolf Minerals' major shareholder Resource Capital Funds has agreed to provide a 12-month funding package worth up to US$82 million (A$79 million) to support continued work on the Hemerdon tungsten
Major mining investment house Resource Capital Funds has had a freezing order on some of its assets lifted after reaching agreement with the Australian Taxation Office just two days before it was due in court to argue its case.
Major mining investment house Resource Capital Funds has had a freezing order on $42 million worth of its assets lifted after reaching agreement with the Australian Taxation Office just two days before it was due in court to argue its case.
