Fraser Beattie

Lithium explorer Argosy Minerals has announced a $17 million capital raising that will replace a previously announced $26 million investment in the business by a Chinese offtake partner.

New car sales in Western Australia dipped back into the red last month after showing rare signs of improvement in August.

The premier has dismissed claims that almost 3,000 jobs would be lost under the state government’s planned gold royalty hike, after a report claimed that five existing mines were at risk of closing if the royalty was enacted.

Junior miner Tanami Gold has entered into an agreement for the sale of its Western Tanami gold project in the Northern Territory to Northern Star Resources for $4 million in cash.

Canada's Kirkland Lake Gold, which is a major backer of TSX-listed Novo Resources Corporation - the company at the centre of a mini gold rush in the Pilbara - has thrown its weight behind Perth-based explorer De Grey Mining, which is one of several local explorers active in the same area.

Northbridge-based video game and virtual reality company Stirfire Studios has failed in its bid to complete a $7 million initial public offering and list on the ASX, but has pencilled in a second attempt for next year.

Gold explorer Okapi Resources has enjoyed fruitful gains on its first day as a listed company, which came nine months after its directors attempted to float the business as Huntsman Resources.

Listed exploration companies increased their spending in the three months to June, according to a new report by accounting and corporate advisory firm BDO.

Property group Stockland has attracted Optus for the top floor of its office building on Victoria Avenue in the CBD, with the telco giant to also take up naming and signage rights.