Adrian Rauso

Kalium Lakes has secured around $102 million of debt funding for the development of its Beyondie sulphate of potash (SOP) project, less than a month after receiving commitments for $74 million from the Northern Australia Infrastructure Facility for the project.

Northern Minerals and Venturex Resources have announced share placements of $20 million and $3.65 million, respectively.

The state government has confirmed it is in talks to reach a settlement that would end the long-standing dispute over the $1.7 billion of litigation proceeds from Alan Bond’s failed Bell Group.

Altura Mining has increased its share purchase plan (SPP) by $4 million, just two days after it upsized the offer from $5 million to $10 million.

Perth recorded 1,609 lot sales for the September 2018 quarter, up by 8.5 per cent for the quarter and 2 per cent from a year prior, according to the latest Housing Industry Association–CoreLogic 'Residential Land Report'.

AMP Capital has acquired a 50 per cent ownership stake in the private company that developed Optus Stadium, adding to several other infrastructure assets it has purchased in Western Australia including Kalgoorlie prison and Port Hedland airport.

Perth-based Matthew Woods will be the joint leader of KPMG's greatly expanded insolvency practice after the 'Big 4' accounting firm finalised a deal to acquire Ferrier Hodgson. The merged entity will have 27 partners nationally and be the largest practice in WA.

WA Super has confirmed a memorandum of understanding has been signed with two other superannuation funds to create an entity that would manage around $23 billion in assets for about 347,000 members.

The state government has ceased its funding agreement with Carnegie Clean Energy for its Albany wave project, a week after the company reported a net loss of $45 million for the half year.

The board of Gindalbie Metals has recommended shareholders accept a takeover offer from its Karara project partner Ansteel, and has proposed to demerge its wholly-owned subsidiary Coda Minerals.

Panoramic Resources has announced its intention to raise $22.4 million via two share placements and an entitlement offer, while juniors Black Rock Mining and Kibaran Resources are also involved in capital raisings.

Newcrest Mining will pay Toronto-listed Imperial Metals Corp $US807 million ($A1.15 billion) for a majority stake in a Canadian copper and gold mine.

Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.

Argosy Minerals and Alta Zinc are both undertaking rights issues, to raise up to $6.2 million and $4.38 million, respectively.

The Environmental Protection Authority has recommended that operators of future major projects in Western Australia pay to offset their carbon emissions, in order to help Australia meet its climate change obligations.

The Western Australian Cricket Association has announced a proposal to redevelop the WACA Ground into a multi-purpose venue and is seeking $60 million from the government to fund it.

Panoramic Resources will undertake a $19 million capital raising in return for favourable loan repayments to project financier Macquarie Bank, after production issues plagued its Savannah nickel-copper-cobalt project.

Absolute VR has created a ‘virtual display village’, allowing buyers to book an appointment to view homes from builders in Perth.

Capricorn Metals’ managing director and chief financial officer have resigned after two shareholders of the gold junior successfully ousted three of its directors.

Decmil and joint venture partner McConnell Dowell have been announced as the preferred tenderer for the Mordialloc Freeway project in Victoria.

The Environmental Protection Authority has recommended approval to a proposal to upgrade a section of High Street in Fremantle.

West Perth-based Northern Minerals and ASX-listed Golden Rim Resources have announced share placements of $3 million and $2.25 million, respectively.

Western Australia is the second most attractive jurisdiction for mining investment, moving up from fifth place in the year prior, according to the Fraser Institute Annual Survey of Mining Companies for 2018.

Westgold Resources will not go ahead with its planned purchase of Doray Minerals’ Andy Well and Gnaweeda gold projects.

Middle Island Resources has made a $9.4 million all-scrip takeover offer for fellow Western Australia-based gold junior Alto Metals.

The Housing Industry Association has significantly downgraded its forecast for new house builds in Western Australia for 2019, tipping a decrease of 0.9 per cent, compared to its previous estimate in May of an 11.8 per cent rise.

Bardoc Gold will raise up to $11.3 million via a share placement and rights issue, while Ausgold will raise $1.8 million through a share placement, with both companies to put the funds towards their respective flagship projects.

Paladin Energy is preparing for a recovery in the uranium market, approving a prefeasibility study to evaluate restarting its Langer Heinrich mine in Namibia.

China-based Chengtun Mining has launched an all-cash bid to buy Nzuri Copper at 37 cents per share.

One of the leading Liberal Party of Australia pre-selection candidates for Curtin, Celia Hammond, has already come under fire from former Subcontractors WA chair Louise Stewart, who is likely to run as an independent candidate for the seat.

Zenith Energy has reported a substantial decrease in first-half profit as it undergoes a transition, a week after local rival Pacific Energy delivered strong half-year results.

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