Deals

Nickel miner IGO has completed an equity raising associated with its 49 per cent acquisition of Tianqi Lithium, giving it a stake in the Greenbushes lithium mine and Kwinana refinery.

Emerging gold producer Calidus Resources has launched a $32 million share placement to fund the development of its Warrawoona project in WA.

Syrah Resources is raising funds from a $56 million placement and convertible notes deal with major shareholder AustralianSuper to progress its US and Mozambique graphite operations.

The board of The Agency Group has urged shareholders to ignore a proposal by an entity associated with the real estate company's ex-director and major shareholder.

Nickel miner IGO has announced a transformational deal to buy 49 per cent of Tianqi Lithium, giving it a minority stake in both the Greenbushes lithium mine and the Kwinana lithium refinery.

Andrew Forrest's Tattarang is set to invest more than $15 million in Toronto-listed Noront Resources.

Perth-based contractor MACA is in talks to buy Downer’s mining services division, while IGO is reportedly considering a $2 billion deal with China’s Tianqi Lithium Corporation.

Nickel miner Panoramic Resources has agreed to sell 80 per cent of Panton Sill, the operator of a metals project in the East Kimberley.

KalNorth Gold Mines has agreed to sell its Lindsays project in Western Australia for $5 million, following a strategic review.

Matrix Composites & Engineering was trading 20 per cent higher this morning after announcing a new technology agreement with oil and gas major Woodside Petroleum.

Shares in Fenix Resources have hit a nine-year high after the company struck an agreement to export iron ore from the Port of Geraldton.

The demerged company of Perth-based Magmatic Resources is seeking to raise $10 million from its initial public offering, which opened today.

Subiaco-based New World Resources has secured $10 million from a share placement to fast-track a drilling program at the company’s high-grade copper project in the US.

Woodside has hailed the benefits of Amazon Web Services computing infrastructure on the same day the state government signed a deal with AWS.

Perth-based cloud services provider NEXION Networks is seeking to list on the ASX early next year after launching an $8 million initial public offering.

Contractor Downer EDI is selling 70 per cent of its laundries business to a private equity firm for $155 million.

Pilbara Minerals has moved closer to gaining control of Altura Mining’s key asset after striking a $US175 million agreement with the lithium miner’s receivers and managers.

Perth-based Hot Chili has arranged a $25.6 million private placement to fund the payment of its recent copper-gold project acquisition.

Chalice Gold Mines has launched a mega capital raising to boost exploration activities at its high-grade Julimar project in Western Australia.

Tyranna Resources has sold a gold project in South Australia for $3 million, while fellow Perth-based explorer Hannans is purchasing assets in Western Australia.

Platina Resources will ramp-up its exploration efforts in Western Australia using the sale proceeds from its Skaergaard gold and palladium project in Greenland.

Azure Minerals has raised funds to continue exploring its Andover nickel-copper project in the Pilbara, as well as begin its search for gold.

Upcoming producer GWR Group has secured access to a port storage facility in Geraldton to export iron ore from its Wiluna West operations.

Technology Metals is raising $8 million from a share placement, which will go towards a feasibility study for its Yarrabubba iron-vanadium project in Western Australia.

Shares in Perth-based Stealth Global Holdings surged 80 per cent today after it announced the purchase of a hardware and tool supplier for $3.8 million.

Bega Cheese will buy food and beverage company Lion for $534 million and substantially bolster its product range and retail presence.

Perth-based Greenland Minerals has launched a $33 million capital raising to fund the development of its flagship rare earths project.

China’s Shandong Gold has matched a new bid to buy out takeover target Cardinal Resources, having offered to pay $1.05 per company share.

Perth-based lithium miner Galaxy Resources has sought up to $161 million to fund the first stage of its Sal de Vida development in Argentina.

South32 has agreed to sell a package of mining royalties to a Canadian business for $US55 million ($A75 million) in cash and shares.

A Ghanaian business has joined the battle to buy out Perth-based Cardinal Resources, topping previous bids for the gold explorer with a new cash offer of $1.05 per share.

NRW Holdings is seeking its fifth acquisition after announcing a $100 million off-market takeover of fellow Perth-based contractor Primero Group.