Northern Iron says Aditya Birla has competition in its bid to take over the company, with Swiss-based trading house Prominvest AG unveiling a $525 million offer.
Australia’s smaller resources companies will have greater flexibility when it comes to raising capital to develop their projects under proposed ASX listing rule changes.
Canada-focused explorer Atrum Coal shares have commenced trading on the ASX, after the company completed raised $9.1 million through its initial public offering.
Integra Mining says it is on the lookout for potential acquisitions after securing a $20 million finance facility for its Randalls Gold project in the eastern Goldfields.
Aviva Corporation says it is shifting its focus to its coal projects in Botswana after offloading its Kenyan gold and base metals assets to international miner Barrick Gold for $20 million.
IFS Construction Services has announced the appointment of chartered accountant Alan Winduss to its board of directors, as the company continues to review a takeover proposal from a company backed by
Navigator Resources’ quest for more capital has come under further scrutiny from the corporate watchdog, with the company’s prospectus for an upcoming $16 million rights issue delayed until further no
Brian Gilbertson’s Jupiter Mines has raised $40 million through a private placement to advance development at its manganese and iron ore assets in South Africa and Australia, and has revealed plans to
Gold miners Norseman Gold and Apex Minerals have announced fundraising plans collectively worth around $23 million as the companies seek to ramp up production at their Western Australian operations.
Ausdrill has advanced its plan to acquire the Best Tractor Parts Group, signing a non-binding heads of agreement to negotiate terms and conditions of the transaction.
Cove Resources says it has opened up a pathway to production by launching a plan to acquire an advanced stage titanium project in Finland for $11.2 million.
Centaurus Metals has completed a $26.2 million equity raising, with major shareholder Atlas Iron maintaining its 19.85 stake in the Brazil-focused iron ore miner and a US-based resources investment
