Swedish multinational Epiroc has bolstered its ranking as one of WA’s largest mining services companies, after coming to the rescue of local manufacturer Schramm and saving 80 jobs in the process.
Monadelphous is set to buy Melbourne-based mechanical and electrical services business BMC for about $22 million in a bid to expand its eastern seaboard presence.
Newcrest Mining has entered into a binding all-scrip takeover agreement with US-based Newmont Corporation, concluding months of dealmaking between the gold producers.
Takeover target Newcrest Mining has pushed back the exclusivity period for global mining giant Newmont Corporation’s $32 billion offer until next week.
Silver Lake Resources has lobbed a revised proposal to merge with St Barbara saying it ‘stands ready’ to progress due diligence and move to a binding offer.
Low-level radioactive waste stored at Tellus Holdings’ Sandy Ridge facility in the Goldfields will be processed to develop medical treatments under a new deal.
Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.
Silver Lake Resources has reaffirmed its disappointment in St Barbara’s alleged lack of engagement on a competing proposal, despite the target shutting down any hopes of a merger last week.
St Barbara has backed in its call to accept a $640 million offer from Genesis Minerals despite Silver Lake Resources claiming the target declined to engage on a competing proposal.
Collie-based medicinal cannabis company Cannaponics has raised more than $3 million for its new facility, setting the record for the biggest raise on crowdfunding platform Birchal for 2023.
Chris Ellison-led Mineral Resources has moved to a compulsory acquisition of its Perth Basin partner Norwest Energy after securing a more than 90 per cent stake in the company.
Global insurance brokers Marsh and BMS Group have each expanded their WA presence, adding to a string of M&A deals by big players snapping up local operators.
Junior miner Venus Metals has entered into a joint venture and farm-in deal with IGO Limited for exploration and potential development at its Henderson nickel and lithium project.
ASX-listed lithium developer Liontown Resources has played down media speculation of a takeover proposal superior to Albemarle’s failed bid for the company in March.
Alliance Nickel has struck a $15 million offtake agreement with automotive manufacturer Stellantis to supply battery grade materials for electric vehicles.
Mining services contractor Macmahon Holdings will invest more than $10 million in Calidus Resources' plan to raise $38.5 million to expand its gold project in the Pilbara.
Food innovator Whole. has raised $1.5 million to fund the development of its technology, which reduces waste and enhances efficiency in the production process.
Galena Mining has raised $20 million from investors after wet weather conditions and technical issues caused delays in the ramp-up period for its Abra base metals mine.
