Uranium exploration company Epsilon Energy Ltd has signed a farm in agreement with Heron Resources Ltd, covering over 20 tenements, for the right to mineral sands at the Balladonia Project.
$742m US deal saves Groves' ABC; Atlas lifts iron ore targets in bid to cash in on price boom; Insurance delay may penalise investors; Forrest loses tax fight over payout; Wesfarmers face uphill struggle to boost Coles, say analysts
Subiaco-based Brockman Resources has advised that it is aware of overseas news wire reports that Chinese iron ore trader Haoning Group is in talks with Brockman to secure an iron ore off-take agreement and to take an equity position in the Company.
Subiaco-based exploration company Wolf Minerals has completed a $3 million capital raising, through a share placement of 3 million shares @ $1.00 each, to advance the development of its flagship Hemerdon Tungsten-Tin project in the UK.
Atlas Iron Ltd has resolved to raise up to $100 million through the issue of up to 50 million ordinary shares at an issue price of $2.00per share to clients of Hartleys Limited and existing major shareholders.
Perth-based seafood processing company GSF Corporation Ltd has announced that it has been unable to complete the acquisition of Londoloza Resources Corporation from the vendor Msasa Ltd.
GRD glosses over rejection of Transfield bid; Macarthur soars on bid talk; $2.6b issue positions Wesfarmers for deals; McMahon waits to see how far down there Cazaly stock falls; New Sydney chief for listed law firm
Perth-based uranium exploration company Fission Energy Ltd has signed a sale and purchase agreement to acquire 100% of the issued capital of Meteore Metals Ltd, for $8 million.
Darrel Jarvis's Chinese-backed buyout of the operations of failed Palandri Wine Group has won the approval of the administrators in a complex deal thought to be worth at least $30 million.
The directors of West Perth-based Universal Resources Ltd have approved the development of the company's Roseby Copper project, subject to successfully raising around $230 million and gaining governmental approval.
Perth-based diversified resources company RMA Energy Ltd has taken one step closer to finalising negotiations for the joint venture development of two Queensland based assets with Bounty Resources International Ltd and China Rail Engineering Corporation.
West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.
East Perth-based Redstone Resources Ltd has secures an access agreement over significant Iron-Oxide- Copper-Gold (IOCG) prospective exploration area at the Baggaley Hills, in the West Musgrave Region, in Western Australia.
Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.
Subiaco-based oil and gas exploration company Sun Resources NL has received record revenues from its US operations during March 2008, providing over A$200,000 of net operating revenue for the month.
Kalgoorlie-Boulder Resources Ltd could start producing gold from its Norseman gold project in 2010 following positive scoping study results that have pegged capital costs at $75 million.
West Leederville-based Whinnen Resources Ltd has entered into a conditional agreement to acquire an 85% interest in Fongo Tongo Bauxite Project in Republic of Cameroon, West Africa.
