Mark Creasy

Mark Creasy-backed Galileo Mining has launched its prospectus to raise up to $15 million via an initial public offering to fund an exploration program across its tenements in the Fraser Range near Norseman.

Chinese-owned mining company Perilya will take a 20 per cent stake in Myanmar Metals as part of a planned capital raising worth up to $35 million to fund its share of the Bawdwin base metals project.

Shares in Galileo Mining, which is backed by Mark Creasy and Chris Ellison, have closed up strongly on their first day of trading after the company raised $15 million via an initial public offering.

Independence Group has agreed to pay $21 million in cash and shares to prospector Mark Creasy to acquire a 70 per cent stake in a series of tenements in the Fraser Range near its Nova nickel mine.

SPECIAL REPORT: Asset sales and M&A action were the highlights of a busy year for WA's wealthiest.

UPDATED: Gina Rinehart, Andrew Forrest, Kerry Stokes, Bianca Rinehart and Angela Bennett are the wealthiest people in Western Australia, according to a new rich list.

Antipa Minerals has announced it completed a $5.1 million capital raising, with the funds set to further its exploration in the Paterson province of the Pilbara.

Legend Mining has raised $9.8 million via a share subscription agreement with Independence Group, and signed joint venture agreements with IGO and Mark Creasy’s Creasy Group at Fraser Range.

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.

Veteran mining entrepreneur Tim Goyder has emerged as one of Western Australia’s wealthiest company directors, after the spectacular success of Chalice Mining this year.

Azure Minerals has confirmed plans to sell its Mexican projects, as the company further focuses on advancing its Andover nickel-copper asset near Karratha.

IGO has bolstered its nickel portfolio in Western Australia after signing an agreement with mining prospector and major shareholder Mark Creasy.

Mineral Resources has taken a big step forward in its plans for a new iron ore hub in the Pilbara, with Red Hill Iron shareholders set to be big winners.

Four CZR Resources directors including chairman David Flanagan will leave the company after its board was unable to agree on a development strategy for the Robe Mesa iron ore project.

Soaring valuations for tech companies and mining stocks have brought major shifts in this year’s list of WA wealth creators.

Zuleika Gold shares have surged 90 per cent on the back of a sizeable cornerstone investment from prominent Western Australian mining investor Mark Creasy.

Peregrine Gold shares surged nearly 23 per cent on the news that seasoned mining investor Mark Creasy would take up a substantial stake in the Pilbara-focused explorer.

Shares in Mark Creasy-backed explorer Galileo Mining tripled today after it reported a major palladium and platinum discovery at its Norseman Project.

Resources billionaire Gina Rinehart has been named Australia’s wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.

Galileo Mining is set to bank $20.4 million from a capital raising cornerstoned by major shareholders Mark Creasy and IGO.

Business News values the assets of WA’s richest people, and explores how they’ve used that wealth in 2022.

Mark Creasy-aligned Azure Minerals has received heritage clearance and program of work approval for the next stage of lithium exploration at its Andover battery metals project in the Pilbara.

Mining entrepreneur Mark Creasy has bought a Nedlands commercial property from Alan Tribe’s Delarge Investments.

Chilean lithium giant SQM has struck a $1.63 billion deal to acquire Mark Creasy-backed Pilbara battery metals explorer Azure Minerals, but a share raid this morning has clouded the transaction.

In this podcast, Mark Beyer and Simone Grogan discuss lithium takeover battles; the interest rate outlook; local government elections; and profit results from WA's biggest companies, including ABN Group, Perron Group, Roy Hill and Wright Prospecting.

CZR Resources shares have soared after the junior miner announced on Thursday it had sold its 85 per cent stake in the Robe Mesa iron ore project for $102 million.

Mark Beyer and Mark Pownall discuss Alcoa's refinery closure; Panoramic's shuttered mine; Stockland's retirement living vision; another Creasy deal; a new Yallingup resort, and preview the upcoming magazine.

Hancock Prospecting has urged Azure Minerals shareholders to back the $1.7 billion takeover offer to “avoid future challenges and uncertainties” amid market volatility.

A doctor, prospector, chemicals company owner, car salesman, and business legend were among prominent Western Australians who donated to Voice campaigns last year.

The Foreign Investment Review Board has given its tick to a move from a joint venture between Gina Rinehart’s Hancock Prospecting and Chilean lithium giant SQM for Azure Minerals.

Mineral exploration company Galileo Mining has announced its farm-in and joint venture with a wholly-owned subsidiary of Chris Ellison-backed Mineral Resources, has been finalised.

WA mining pioneer Mark Creasy has proposed a rescue bid for collapsed ASX-listed goldminer Calidus Resources ahead of a creditors' meeting next week.

Renowned prospector Mark Creasy has secured the blessing of creditors in collapsed miner Calidus Resources to revive the Warrawoona goldmine operator.

Renowned prospector Mark Creasy’s private investment vehicle more than doubled its full year profit, aided by the sale of its lucrative stake in Azure Minerals.

The falling iron ore price has had a big impact on WA’s wealthiest.

Tech entrepreneur Norman Pater has tipped $100,000 into the Greens WA’s electoral campaign, as the parties prepare for election formalities to kick off in earnest today.

Mid West miner Fenix Resources plans to muscle in on the Pilbara’s iron ore industry via acquisition of billionaire prospector Mark Creasy’s CZR Resources.

Iron ore minnow Gold Valley Group has made a last-minute bid to snatch Mark Creasy’s CZR Resources from the clutches of Fenix Resources for a premium price.

Iron giant Rio Tinto has upped the stakes in the bidding war for a Pilbara iron ore project backed by Rich Lister prospector Mark Creasy which sits on the miner’s doorstep.