Diversified conglomerate Wesfarmers looks set to acquire risk management and compliance firm Greencap in an all-scrip takeover bid worth up to $21.2 million.
Shares in VDM Group have been punished on the ASX today, falling more than 47 per cent on news the contractor had been turfed off one of its major client’s mine sites, forcing it to restructure its ca
Galaxy Resources has restructured its debts and will now turn its focus to its operations after announcing its long-running capital raising has secured $17.2 million to date.
South African miner Gold Fields will splash $US300 million purchasing Barrick Gold’s Granny Smith, Lawlers and Darlot gold mines in the Yilgarn region, near Southern Cross, and plans to integrate the
Amcom Telecommunications has snapped up data centre operator aCure Technology for $14.3 million as demand for new information technology services grows.
West African Resources has raised $3 million to fast-track the development of a processing plant and exploration at its Moktedu gold project in Burkina Faso.
Canadian resources giant Teck has exercised its right to earn an additional interest in Rox Resources’ Reward zinc project and will spend an additional $10 million on exploring the tenements.
Three years after completing a management buy-out, JSW Australia directors Jeff Branson and John Silverthorne have struck an agreement to sell their debt-laden drilling business; but they won’t be get
Perth-based coal explorer Ascot Resources has secured $1 million in funding from engineering and minerals processing group Sedgman, which will emerge as Ascot’s largest shareholder.
Battling vanadium miner Atlantic has secured an additional $20 million in high interest debt to fund continued development at its Windimurra mine in the Mid West.