PERTH: Solara Minerals Ltd (ASX:SLA) announced Monday it has entered into a binding agreement to acquire OD4 Tom Price Pty Ltd, a private company holding seven exploration licences covering 310 square kilometers in Western Australia’s highly prospective Murchison region. The acquisition grants Solara 100% ownership of projects near prolific gold and copper-producing districts, including Sandfire…
Tag: Western Australia
Civmec to acquire Luerssen Australia in $20 million deal, bolstering sovereign shipbuilding capability
PERTH: Civmec Limited has signed a binding agreement to acquire full ownership of Luerssen Australia Pty Ltd from NVL Australia GmbH for AUD 20 million in cash, in a strategic move to consolidate its position as a leading sovereign Australian shipbuilder. The acquisition, scheduled to close by July 1, 2025, will transfer all assets, employees…
West Cobar Metals announces strategic gold exploration acquisition in Western Australia
SUBIACO: West Cobar Metals Limited (ASX: WC1) has announced the conditional acquisition of a highly prospective gold exploration tenement in the Fraser Range of Western Australia, marking a significant step in the company’s expansion into the region’s gold exploration sector. The company has entered into a binding agreement with IGO Limited to acquire a 100% interest in…
Northern Star to acquire De Grey Mining for $5 billion
SYDNEY: Northern Star Resources Ltd and De Grey Mining Ltd have agreed to merge in a deal valued at approximately $5 billion. Under this arrangement, Northern Star will acquire all shares of De Grey, including its flagship Hemi gold project in Western Australia. Hemi is one of the largest undeveloped gold projects globally, with significant…
Swoop acquires residential fibre infrastructure in Western Australia
SYDNEY: Swoop, a telecommunications company, has made a significant move by acquiring the conduit and fibre assets in a housing estate located near Geraldton, Western Australia. The deal, valued at $500,000, is expected to generate $1.2 million in revenue over the next three years. The infrastructure is currently connected to approximately 900 existing homes in…
SCEE secures over $70 million in electrical and data centre contracts
SYDNEY: Southern Cross Electrical Engineering Limited (SCEE Group) has announced a series of lucrative contracts across New South Wales and Western Australia, totaling over $70 million. The awards signify SCEE Group’s expanding footprint in the data centre and resources sectors. In New South Wales, Heyday has been entrusted with a major electrical design and construction…
SRG Global acquires WBHO Infrastructure in Western Australia
SYDNEY, AUSTRALIA: SRG Global Limited (ASX: SRG) has signed a Sale Implementation Deed to acquire WBHO Infrastructure Pty Ltd, WBHO Infrastructure’s Western Australian business, for a net consideration of $15.2 million. WBHO Infrastructure is a leading provider of infrastructure asset management, civil maintenance and construction services in Western Australia, with a 35-year track record of…
Panther Metals acquiring Merolia Gold Project in Western Australia
LONDON: Panther Metals PLC is acquiring 100% of the Merolia Gold Project near Laverton, Western Australia, from White Cliff Minerals Limited (WCN), an ASX-listed exploration company. Darren Hazelwood, Chief Executive Officer, commented: “Our proposed entry into the Western Australian goldfields, and specifically this highly prolific gold producing Archean Greenstone belt near Laverton represents a major…
RDG completes acquisition of assets in Western Australia
PERTH: Resource Development Group Limited (RDG) has completed the transaction with Mineral Resources Limited (MRL) acquiring 100% interest in manganese tenements, Ant Hill and Sunday Hill, both located in the Pilbara region of Western Australia, from MRL’s wholly owned subsidiary Auvex Resources Pty Ltd. In exchange, MRL has been issued with 1.897 million fully paid…