Tayler Neale

Two local mining companies have been forced to provide clarifications to the ASX this morning, with Flinders Mines responding to a presentation given by BBI Group, while lithium-focused AVZ Minerals told investors to ignore a Twitter post from one of its strategic advisers.

The future of Atlas Iron has been further muddied today after the takeover target said the state government had indicated to media it could compromise on its policy regarding development rights at Port Hedland if either Fortescue Metals Group or Hancock Prospecting takes control of the junior miner.

SPECIAL REPORT: The recent appointment of a full-time chief executive and the shift to new facilities have been major factors in the Wanneroo Basketball Association’s success during the past three years.

Three weeks after acquiring a strategic blocking stake in Atlas Iron, Fortescue Metals Group has for the first time confirmed that its main interest in the takeover target is the rights to develop new berths at Port Hedland.

The battle for Atlas Iron has taken another twist after Fortescue Metals Group submitted an application to the Takeovers Panel questioning the veracity of the $390 million takeover offer by Gina Rinehart’s Hancock Prospecting.

Junior gold explorers Spitfire Materials and Excelsior Gold, which own neighbouring projects north of Kalgoorlie, have agreed to a merger, with the new entity worth about $80 million.

Perth-based Fleetwood Corporation has sold its struggling caravan manufacturing business, with the company forecasting an overall loss of up to $15 million on the deal.

Chris Ellison-led Mineral Resources has decided against making a counter offer to Gina Rinehart’s $390 million takeover bid for junior miner Atlas Iron.

Home for Now, which was developed by Anglicare WA and UWA's Coders for Causers, is a web app that provides live listings of available crisis and transitional accommodation on any given night.