Perth-based mining company South32 will report a big one-off profit after agreeing to sell a package of four base metals royalties for up to $US200 million ($A285 million).
Minbos Resources is set to raise $25 million in a placement backed by billionaire Liang Feng, with the parties also set to research the potential for phosphate and green ammonia projects.
Perth gaming billionaire Laurence Escalante and US venture capital fund Dream Ventures have contributed to a $7 million capital raising by fast-growing local startup WeMoney.
Genesis Minerals is set to acquire WA gold miner Dacian Gold in a scrip deal valuing the target at $111 million, with non-executive director Nev Power to resign should the purchase go ahead.
Discussions regarding a potential deal between Genesis Minerals and St Barbara are back on the table, though fellow gold play Dacian Gold is also reportedly in the Raleigh Finalyson-led company’s sights.
Gold Road Resources will proceed to a compulsory acquisition of DGO Gold after sweetening its all-scrip offer for the Melbourne-based explorer last month.
Craig Mostyn Group will acquire full ownership of V&V Walsh next week, five years after the two Western Australian family-owned agribusinesses struck their first deal.
Zero carbon lithium aspirant Vulcan Energy has won backing from multinational automaker Stellantis, taking up $76 million worth of stock to become its second-largest shareholder.
