IN what is viewed as a tough market for floats, a number of smaller initial public offerings have forged ahead with their plans to list on the Australian Securities Exchange.
WA-based West African gold explorer Gryphon Minerals has announced a friendly all-scrip takeover bid for fellow West African gold player Shield Mining.
Cape Lambert Iron Ore is seeking to take control of Buka Gold, a day after it acquired a major stake following the purchase of collapsed CopperCo's assets.
Western Australian metals explorers Buxton Resources Ltd, of West Perth, and Nedlands-based GBM Resources Ltd traded steady after their debuts on the Australian Securities Exchange.