Jessica Mascione

Takeover target Cardinal Resources has received a higher purchase offer from China-based Shandong Gold, after competing buyer Nordgold upped its bid last week.

Shares in both Metalicity and Nex Metals Exploration were up today after the joint venture recommenced drilling at the high-grade Kookynie gold project in Western Australia.

Technology company Cisco has been named the nation's best place to work, according to a survey by Great Place to Work Australia.

Welshpool-based MACA has secured its second mining contract this month after receiving a $130 million extension of works from Ramelius Resources.

Shares in Venture Minerals surged as high as 27 per cent today after the explorer announced a farm-in deal with Chalice Gold Mines.

Saracen has surpassed its production guidance for the 2020 financial year, though the goldminer’s performance has been overshadowed by the recent death of an underground worker.

Construction and engineering company SRG Global has signed its third $25 million contract in recent weeks, this time with ammonia plant operator Yara Pilbara.

Strike Energy has signed an agreement with ASX-listed Talon Petroleum, which will begin drilling the Walyering appraisal well in the Perth basin next year.

Four builders including Multiplex and Lendlease have been shortlisted to complete major works under the $257 million expansion of Joondalup Health Campus, which will include new beds and operating theatres.

Azure Minerals will gain interests in four Western Australian gold assets from Creasy Group, with initial exploration to be funded by a $4 million capital raising.

Geraldton-based network company LogicIT has secured a $1 million state government grant to deliver high-speed broadband to the Mid-West and West Midland regions.

Shares in King River Resources rose 20 per cent today after the Western Australian company said it would begin exploration activities next month, following COVID-induced delays.

Gibb River Diamonds is set to acquire its first gold asset after securing the option to buy Nexus Minerals’ high-grade Edjudina gold project in the Eastern Goldfields.

A $5.1 million capital raising by Alto Metals has been delayed after its bidder Habrok Mining submitted an application to the Takeovers Panel.

Russian-owned Nordgold has increased its bid to acquire Cardinal Resources to around $347 million, which trumps a competing proposal from Shandong Gold that has already been endorsed by Cardinal.

Philanthropist and experienced mining executive Kerry Harmanis has been appointed as non-executive chairman of gold explorer Talisman Mining, sending the company's shares up by nearly 14 per cent.

Lotterywest has announced $732 million in returns to the Western Australian community, off the back of stronger than expected sales.

Technology entrepreneur Bevan Slattery will invest $2.5 million into Subiaco-based Pointerra, which will use the funds to employ workers in Australia and the US.

Sydney-based explorers Gateway Mining and Navarre Minerals are raising a collective $15 million for gold projects through underwritten share placements with Western Australian brokers.

Shares in Dacian Gold plunged as much as 22 per cent today after the company downgraded its production forecast for next fiscal year.

The directors of Alto Metals have recommended shareholders vote against a takeover bid from Habrok Mining, saying the offer was opportunistic and undervalued the company.

AustSino Resources Group will receive $100 million from an entity associated with its chairman to facilitate the company’s planned investment in Sundance Resources.

Hockeyroo Lily Brazel has used the time spent in isolation to focus on her ethical sportswear business.

Rio Tinto is planning to shut down its New Zealand aluminium smelters after a strategic review found the business was no longer “economically viable”.

Bellevue Gold says it will use the proceeds from a $120 million capital raising to fast-track the development of its namesake project in Western Australia.

Antipa Minerals has secured its third farm-in deal, with IGO to invest up to $30 million to explore the company’s tenements in the Paterson copper-gold province.

Nickel miner IGO has reported solid production for the financial year, including its Nova mine in Western Australia having exceeded guidance for all metals produced.

Super Pit owners Saracen and Northern Star have reported positive gold production for the June quarter, with Saracen reaching record output for the financial year.

Bardoc Gold will use $24 million raised from a share placement to advance its namesake project in Western Australia, while Galena Mining, DevEx Resources and Matador Mining have also launched capital raisings.

Zenith Minerals and Marquee Resources have both launched capital raisings today, while Bellevue Gold announced a maiden indicated resource for its namesake gold project in Western Australia.

Shares in Cirrus Networks rocketed early this morning but eased off during the day, as the market digested a trading update detailing several completed contracts.

Mining technology company Imdex has boosted its rock knowledge capability after completing the purchase of AusSpec International for a total consideration of $8.5 million.