Bronwyn Barnes has been appointed the new chair of West Perth-based Indiana Resources, on the same day the company went to the Takeovers Panel to fight attempts by a group of shareholders to oust existing directors.
Eastern Goldfields has withdrawn its $6 million share subscription agreement proposal put forward to Windward Resources, following Independence Group's $20.5 million takeover bid lodged last week.
Independence Group has put forward a $20.5 million bid for emerging nickel play Windward Resources, competing against a previous deal put forward by Michael Fotios's Eastern Goldfields.
ANALYSIS: It has been a high-profile week for extremely private explorer Mark Creasy, with two major pieces of news that appear likely to add to his already significant wealth.
Michael Fotios's Eastern Goldfields has made its second strategic investment this week, announcing today a $6 million deal to earn-in to Windward Resources and Mark Creasy's nickel and gold portfolio in the Fraser Range.
SPECIAL REPORT: For the second year running, the value of shares held by company directors in WA has fallen sharply, though some operators defied the trend.
At 26 per cent WA has the highest gender pay gap in the nation, but many of the state's female business leaders are working on addressing equality in the workplace.
Windward Resources has taken advantage of a recent spike in its share price to raise $6 million to fund exploration at its Fraser Range nickel-copper projects.
Windward Resources has appointed David Frances as managing director.Mr Frances is a past president of Mawson West and a former team leader at Dominion Mining.
Perth-based explorers Windward Resources and Auroch Resources have dipped their toes into a tough IPO market, raising a combined $5 million through initial public offerings that closed today.
Signs of life are starting to emerge in the sputtering initial public offerings market, with three Western Australian explorers advancing plans to list on the Australian Securities Exchange this we