A joint venture between Tianqi Lithium and IGO has acquired an early-stage growth opportunity by striking a deal to purchase ASX-listed explorer Essential Metals.
A company linked to Hong Kong’s richest person has emerged as the buyer of a major vineyard in the Margaret River region, its fifth local purchase in recent years totalling $25 million.
West Perth-based mining company Pantoro is negotiating with its joint venture partner Tulla Resources to acquire 100 per cent of the Norseman gold project.
The cost of two striking wine properties in the state has been revealed, with Brookland Valley Estate and a tucked away Gunyulgup vineyard property each fetching $6.5 million or more.
Hoyts has bought three venues from Grand Cinemas and administrators mulling options for two remaining venues weeks after the longstanding Perth business went under.
APM Human Services has secured a further $200 million debt facility, taking its total debt to over $1 billion, after entering a series of acquisitions.
Hancock Energy has revealed a cohort of Warrego shareholders pledging to support Gina Rinehart’s $342 million cash offer for the business, hitting back at a scrip bid from Strike Energy.
Singapore-based investor Eagle Eye Asset Holdings is set to become Canyon Resources’ largest shareholder under a $12.1 million strategic placement to help develop the Minim-Martap project in Africa.
The board of ASX-listed oil and gas company Norwest Energy will wait until the new year to cast its verdict on Chris Ellison’s offer for the business amid fierce competition for Perth Basin assets.
Mineral Resources hopes to bolster its position in Western Australia’s energy sector by acquiring Norwest Energy, of which keen Perth Basin investor Gina Rinehart is also a shareholder.
APM is set to to buy NDIS therapy provider Everyday Independence for $52 million-plus in the company’s third acquisition since listing on the ASX over a year ago.
Shares in St Barbara and Genesis Minerals have both risen strongly today in a rare example of both parties to a takeover deal gaining from the transaction.
