Andrew Forrest-backed Mincor Resources has approved the development of its nickel operations in Western Australia’s Kambalda region, identifying first production from December next year.
The directors of Perth-based Cardinal Resources have accepted a takeover proposal from Chinese company Shandong Gold, ahead of a competing bid from Russian-owned Nordgold.
Aspiring gold producer De Grey Mining has received commitments to raise $100 million, which it will use to fund ongoing exploration at its Mallina project in the Pilbara.
Kerry Stokes-backed BCI Minerals has announced an underwritten entitlement offer to fund early construction works on its $780 million Mardie salt and potash project.
Perth-based Superior Lake Resources is selling one of its zinc assets to a Toronto-listed explorer for $16.5 million, and will become a major shareholder of the company.
Subiaco-based Mali Lithium has announced a major capital raising that exceeds its prevailing market value, with the proceeds to fund the acquisition of the Morila goldmine in Africa.
Chinese-owned Shandong Gold has responded to an increased takeover bid for Cardinal Resources, having offered to buy the West Perth company for around $566 million.
Nickel miner IGO has expanded its exploration efforts in Western Australia’s Fraser Range after signing a $7 million purchase agreement with Victoria-based Boadicea Resources.
Russian-owned Nordgold has made a new offer to buy Cardinal Resources, trumping a competing bid from Chinese company Shandong Gold by around $26 million.
WA-based chemo@home and aged care services provider Silver Chain are creating a joint venture to ensure more patients can access chemotherapy treatments at home.
High-performance computing company DUG Technology and Norwegian energy giant Equinor have signed a multi-year deal covering seismic processing and imaging technology.
Subiaco-based Mali Lithium is set to become a gold producer after announcing it will buy out Barrick Gold and AngloGold Ashanti’s stake in a West African mine.
A company part-owned by the Chinese government has been blocked from controlling popular Australian brands like Pura, Dairy Farmers and Dare flavoured milk.
Subiaco-based explorer Titan Minerals has agreed to sell its non-core assets in Peru for $US6.4 million ($A8.9 million) to focus on developing its gold and copper projects in Ecuador.
Shandong Gold has received federal government approval to proceed with its takeover of Perth-based Cardinal Resources, despite increasing sensitivity around Chinese foreign investment.
Fenix Resources is on track with development of its low-cost, high-grade iron ore project in Western Australia, after receiving commitments to raise $15 million.
Lynas Corporation is raising $425 million to build its proposed rare earths processing facility in Kalgoorlie, while also disclosing an annual loss of $19.3 million.
Gold explorer Horizon Minerals is using $16 million raised from a share placement to fund its largest ever drilling program across its Western Australian portfolio.
Australian Potash has secured the majority of revenue forecast for its Lake Wells potash project in Western Australia after signing its fourth fertiliser offtake deal.
Bellevue Gold has received extra funding to progress its namesake project in Western Australia after its recent share purchase plan closed oversubscribed, raising $35 million.
Regis Resources has boosted its gold portfolio in Western Australia after securing tenements from fellow Perth-based explorer Stone Resources Australia.
