Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.
Local waste management company Tox Free Solutions has entered into an agreement to buy medical waste solutions business Daniels in a cash, scrip and debt deal worth $186 million.
Gina Rinehart's Hancock Prospecting has announced a $US300 million ($A395 million) investment in a UK-based fertiliser business chaired by former Fortescue Metals Group deputy CEO Russell Scrimshaw.
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.
Monadelphous Group and Lycopodium will leverage each others’ strengths to target engineering, procurement and construction projects in the minerals processing sector under a new joint venture.
Local gold miner Northern Star Resources has entered into a joint venture agreement to acquire a major stake in Pioneer Resources' Acra gold project near Kalgoorlie in a deal worth up to $3.5 million.
Gold Road Resources has released its feasibility study on the Gruyere gold project near Laverton, which has detailed a $52 million increase in capital costs and a longer mine life.
Henderson-based shipbuilder Austal has won a $US12 million ($A15.6 million) contract to provide maintenance work on a littoral combat ship it is currently building for the US Navy.
