Deals

Chalice Gold Mines will pay nearly $15 million to acquire three private properties near its Julimar nickel-copper project in Western Australia.

Western Australian companies Dacian Gold and NTM Gold have agreed to merge their assets, with the combined group to have a market capitalisation of $285 million.

Medicinal cannabis company AusCann Group Holdings has bought in to the animal health sector after announcing its acquisition of NSW business CannPal Animal Therapeutics.

Perth-based Battery Minerals is raising $5.5 million from a share placement to explore its recently acquired copper-gold tenements in Victoria.

Sandfire Resources has raised its stake in Auris Minerals to nearly 20 per cent, as part of its move to sell a gold project in New Zealand.

The owner of real estate group Ray White has expanded its interest in financial services after announcing the purchase of NAB's mortgage aggregators.

Auroch Minerals has purchased a stake in a high-grade nickel project near Coolgardie, which it will jointly develop alongside private company Goldfellas.

Oil and gas contractor MMA Offshore has launched an $80 million equity raising to reduce its total debt, while chairman Andrew Edwards has announced his resignation.

Perth-based HHG Legal Group will open a new regional office in Bunbury after acquiring boutique law firm Kroon Legal.

Perth-based Altech Chemicals has sought $14.5 million from a rights issue to advance its high-purity alumina project in Malaysia.

Newcrest Mining has withdrawn from a farm-in deal with Perth-based Prodigy Gold over a project in Northern Territory’s Tanami region.

Belmont-based GenusPlus Group has launched a $32.8 million initial public offering, with the power and telecommunications contractor planning an ASX listing in December.

Rugby union has found a new home after Rugby Australia signed a three-year, $100 million broadcast deal with Nine Entertainment.

BHP has agreed to spend about $48 million with steelmaker China Baowu to help reduce greenhouse gas emissions.

Perth-based Lucapa Diamond Company has raised funds to expand the processing capacity at its Mothae kimberlite mine in southern Africa by 45 per cent.

Perth-based Red Sky Energy is raising $4 million to purchase Beach Energy’s stake in the Killanoola oilfield, in South Australia’s Otway Basin.

National stockbroking firm Ord Minnett has finalised an agreement to buy competitor EL&C Baillieu, which was put up for sale in June this year.

Perth-based mining services company Western Plant Hire has been bought by two of its senior managers, with backing from private investors led by Peter Hutchinson.

International insurance claims management company Crawford & Company has acquired Australian business HBA Group, which includes Perth-founded HBA Legal.

Australian Potash has secured further funding for its proposed Lake Wells development in Western Australia.

Murray Engineering has partnered with national company Siemens to provide electric vehicle charging stations for mining operations.

Tyre recycler Pearl Global is raising $6.5 million to expand its Queensland processing facility and provide working capital, after announcing a $9.2 million loss on Monday.

Westar Resources has joined the rush of gold IPOs this year, seeking to raise $5 million to explore its projects in Western Australia.

Brisbane-headquartered Senex Energy will exit South Australia’s Cooper Basin after more than 20 years, with its assets to be sold to Beach Energy for $87.5 million.

Perth-based Marvel Gold has received commitments to raise $5.7 million from a share placement, with the proceeds to go towards its gold projects in Mali.

Takeover target Cardinal Resources has requested that its bidders be allowed to improve their proposals after having declared their $1 per share bids as ‘best and final’.

A private Hong Kong-based entity is purchasing a high-grade iron ore mine on Cockatoo Island from its former owner, Pluton Resources.

Russian miner Nordgold has extended its offer to buy Perth-based Cardinal Resources, one day after matching the off-market proposal from China’s Shandong Gold.

Pilbara Minerals has lodged a $US175 million bid for fellow lithium miner Altura Mining, though Altura is working on its own recapitalisation plan after being put in receivership.

ASX-listed K2fly has boosted its position in the iron ore sector after announcing the acquisition of WA mining software company SATEVA.

ASX-listed marketing company IVE Group has acquired Australian Community Media’s printing operations in Mandurah and signed a contract to print and distribute the company’s newspapers.

Goldminer Troy Resources has secured exploration funding for its South American project, with the Perth-based company targeting a maiden ore reserve this year.