Chinese chemical company Shandong Mingrui Group will buy a lithium project in Southern Mali from ASX-listed Birimian Resources in a $107.5 million deal.
Shares in contractor Tempo Australia were up 24 per cent in morning trade after the company announced a $9.5 million placement to a vehicle controlled by Transfield Holdings co-managing director Guido Belgiorno-Nettis.
Two days after some of Emeco Holdings’ large creditors blocked a major restructuring, they have reversed their stance after being given an opportunity to acquire more equity in the group.
The planned three-way merger between Perth-based Emeco Holdings and east coast companies Orionstone and Andy’s Earthmovers will not proceed as planned after the deal failed to win sufficient backing from creditors.
Paladin Energy has offloaded its entire shareholding in Deep Yellow, taking advantage of a share price spike after the uranium miner’s former managing director John Borshoff joined the junior explorer.
Perth-based Strike Resources has sold its Apurimac and Cusco iron ore projects in Peru for about $13.5 million, as the company shifts its focus to other commodities.
Energy infrastructure company APA Group has entered into an agreement with Synergy for the purchase of power from its Emu Downs solar farm near Cervantes, with construction of the project now set to begin next month.
Loss-making digital media company migme has flagged a wide-ranging review encompassing its board, management and capital strategy after announcing the terms of a new convertible note issue.
NRW Holdings has revealed the price it has paid for the east coast operations of failed company Hughes Drilling, on the same day private equity fund manager Allegro formally acquired Hughes’ Perth-based subsidiary JSW Australia for an undisclosed sum.
After originally blocking the sale of land and cattle empire S Kidman & Co to Chinese buyers, Treasurer Scott Morrison has approved a joint bid with mining magnate Gina Rinehart and her Chinese partners.
Perth-based IT services firm ASG Group is set to be acquired by a Japanese business in a $349 million deal, after shareholders voted in favour of the takeover today.
Leederville-based bicycle accessories maker Cycliq has enjoyed steady gains on its first day of trading on the ASX, after completing a reverse takeover of Voyager Global Group.
Four Western Australian projects will be included in a planned spin-off from energy player Santos in a bid to increase cash flow and cut debt, including facilities at Thevenard and Barrow islands.
Shares in oil and gas explorer Transerv Energy tumbled today as managing director Stephen Keenihan announced his resignation in the wake of news yesterday that the company’s proposal to acquire assets owned by Origin Energy had been terminated.
Perth-based land developer Peet has sold a parcel of land in Victoria for $30.5 million, but it doesn’t expect to receive any proceeds from the deal for nearly a year.
Vocus Communications appears set to deliver the Perth-to-Singapore subsea telecommunications cable after inking a construction agreement with French company Alcatel Submarine Networks.
Social media technology company HearMeOut has closed below its offer price on its first day on the ASX, after completing a $6.5 million initial public offering.
Phosphate explorer Minbos Resources has entered into a new agreement to merge with joint venture partner Petril Phosphate, in a scrip and royalties deal valued at about $20 million.
Shares in DUET Group have jumped 16 per cent after the energy utility operator confirmed it has received an indicative and conditional takeover offer from Hong Kong billionaire Li Ka-Shing's Cheung Kong Infrastructure.
Dacian Gold has again reduced the size of its $50 million placement and put its $100 million entitlement offer on ice, in the wake of the falling gold price which hit a 10-month low overnight.
Perth-based financial services provider Pioneer Credit has signed a $100 million debt facility with Bankwest and Westpac as it seeks to continue growing its debt portfolio.
Civil and mining contractor NRW Holdings has announced plans to buy the east coast operations of failed mining services company Hughes Drilling, with the acquisition price undisclosed.
Western Areas has locked in its second nickel offtake agreement in as many days, announcing today a deal with BHP Billiton subsidiary Nickel West for product from its Forrestania nickel mine.
Aspiring miner Dacian Gold has launched a $150 million capital raising to fund a big portion of the development costs for its Mt Morgans gold project near Laverton, which is expected to begin operating by 2018.
Mineral sands miner Iluka Resources has cast doubt on its planned $375 million takeover of Sierra Rutile after detecting geotechnical risks at the West African company's tailings dams.
The number of Perth-based technology companies pursuing a listing on the ASX this year has hit 10, with Dreamscape Networks due to list in coming days after raising $25 million and Secure2Go kicking off its capital raising this week.
