Adrian Rauso

IMF Bentham has struck an agreement to acquire Omni Bridgeway for up to €87.5 million ($A141 million), which will be a tie-up of two of the biggest players in the litigation funding industry.

Perth-based Merchant Group is now the largest shareholder of medical cannabis company AusCann Group Holdings, after it acquired an 11.43 per cent stake worth around $11.6 million.

Northern Star Resources executive chairman Bill Beament will have his fixed annual remuneration nearly doubled for the 2020 financial year, with the potential to earn up to $7.2 million.

Tim Mason will replace Charlie Bass as the chief executive of Eagle Mountain Mining in January, amid the copper-gold explorer’s share price nearly halving in the space of just over a year.

Gold and copper hopeful Stavely Minerals has tapped investors for $19.6 million via a share placement, as it seeks to take advantage of its surging share price to advance its exploration projects.

Santos has struck a deal to pay up to $US1.44 billion ($A2.12 billion) for ConocoPhillips' interests in northern Australia, including its majority stake in the Darwin LNG plant and its interest in three major gas fields off the coast of Western Australia and the Northern Territory.

Silver Lake Resources was the best performer on the ASX 200 today, after it released strong September quarterly results and told investors it anticipates more good news for the financial year ahead.

Housing finance provider Australian Finance Group says lending for homes in the first quarter of the 2020 financial year in Western Australia has rebounded from record low levels to reach its highest figure since the end of the 2017 fiscal year.

Perth-based BDO partner Todd Grover has had a key role in navigating the sale of Sydney-based Comsec TR to a European prison media and communications provider.

The state government has factored in lithium hydroxide and carbonate into its royalty arrangement for lithium producers, which it claims will encourage downstream processing and manufacturing.

Pindan has been awarded a $90 million contract for the construction of an operations village for Rio Tinto’s Koodaideri iron ore project, with the announcement coming less than a week after Oxley Holdings acquired full ownership of the contractor.

Venus Metals Corporation has commenced proceedings in the Supreme Court of Western Australia against Davide Bosio, Paul Adams, DJ Carmichael and Spectrum Metals, in relation to Spectrum’s acquisition of the Penny West gold project.

SeaLink Travel Group’s $700 million takeover target, Transit Systems, has renewed two transport contracts in Western Australia worth around $57 million per year, as well as securing a new contract.

Smart Marine Systems has acquired fellow WA-based ocean technology business Advanced Offshore Streaming in a deal potentially worth over $5.5 million.

Lendlease and BMD Constructions have both secured road-widening contracts from Main Roads Western Australia worth more than $18 million combined.

The Real Estate Institute of Western Australia has renewed its push to increase the stamp duty exemption threshold for first homebuyers, as part of a six-point plan it unveiled to help breathe new life into the state’s weak residential construction and property markets.

Technology Metals Australia and Strandline Resources both announced their flagship Western Australian projects have reached the due diligence phase of the Northern Australian Infrastructure Facility funding assessment process.

Perth-based Zelda Therapeutics has struck an agreement to merge with Ilera Therapeutics that could potentially be worth more than $65 million, as it seeks to grow in the heavily regulated global medical cannabis market.

Busselton is set to have an underwater observatory, after the federal government committed $13 million to the project as part of its Regional Growth Fund.

A new report from advisory firm BDO has predicted diesel machinery will be banned in all new Australian underground mines by 2023, which could pave the way for a rapid uptake of electric battery-based machinery in the industry.

AMP Capital has secured tenants for four whole floors of 140 St Georges Terrace, which has pushed the vacancy rate at the office tower to below 1 per cent.

WA Profiling & Stabilisation, Aurecon, and Adtech FRP are the latest major winners of state government contracts, worth about $11.2 million.

The state government has announced a runway extension at Jandakot Airport to support the Royal Flying Doctor Service and turned the first sod for a new medical laboratory in Jandakot Business Park.

The Perth restaurateur behind The Meatball Bar chain, Gourmet Republik, and Thuggs Fried Chicken and Waffles, is accused of threatening to destroy a man's cafe and put him "in a coffin" over some fruit and vegetables.

Anthony Billis’s Tribune Resources and Rand Mining have paid out around $11.1 million and $6 million in dividends, respectively.

Perth-based Indus Energy has withdrawn plans to buy South Australian company New Era Oil and Gas and re-list on the ASX, after it concluded it could not raise the $4 million required.

Kalium Lakes has awarded Clarke Energy a contract for a 7.5-megawatt power station, as the remote power station provider re-emerges in the Western Australian market.

Copper and zinc producer Heron Resources has launched a $91 million funding package, as it is set to run out of cash this month, following delays in construction and ramp-up at its Woodlawn zinc-copper project in NSW.

Copper and tin miner Metals X is set to reject a motion by its largest shareholder, APAC Resources, to appoint a representative to its board.

The Supreme Court of Western Australia has agreed to delay a creditors meeting of Alita Resources, as its administrators assess more than 11 proposals that could revive the fallen lithium miner.

Trigg Mining has closed trade 30 per cent lower than its initial public offering valuation, as the sulphate of potash explorer finally debuted on the ASX following several delays.

Cardinal Resources has raised $17.6 million through the exercise of listed options, while Black Cat Syndicate and Azure Minerals were also in the market for equity.