Justin Fris

Encounter Resources has announced it will raise $10.5 million in a bid to enhance drilling activities at its Aileron project, in Western Australia's West Arunta region.

Perth-based lithium explorer Winsome Resources has signed a binding, exclusive option agreement with Canada-based Stornoway Diamonds, as it aims to increase its footprint within the Canadian province of Quebec.

Rio Tinto has announced it will manage rehabilitation of the Ranger uranium mine in the Northern Territory on behalf of subsidiary Energy Resources Australia, which counts Perth-based company Packer & Co as a 9.32 per cent minority shareholder.

Resonance Health has acquired TrialsWest in a consideration package worth up to $8 million.

The owner of Australia's largest lithium mine has defied a fall in the commodity’s price to post a near-doubling in full-year profit to $6.28 billion.

In order to advance its Goldfields-based Mandilla and Feysville gold projects, Astral Resources has announced it will raise $7 million courtesy of a share placement.

Sierra Rutile directors have formed a preliminary view that an on-market takeover from US-based Gerald Group, which owns bidder PRM Services, is an opportunistic and inadequate offer.

A day after confirming its intention to acquire Linden Gold Alliance, Brightstar Resources has announced it will raise $12 million, primarily to develop its Menzies and Laverton gold projects.

Aspiring junior Black Rock Mining has announced it will raise $10 million in order to finalise preparations at its Mahenge graphite project in Tanzania, prior to its final investment decision release.