Australian government agrees to extend junior miners tax incentives programme
The Australian Government has announced that it will contribute A$100 million to extend the Junior Minerals Exploration Incentive four more years.
The programme seeks to assist eligible junior mining companies access tax incentives to attract new investors. To date, the Junior...
Aurora Healthcare and Australian Venue Co. preparing IPOs on ASX
Private hospital business Aurora Healthcare Australia and pub operator Australian Venue Co. are the two latest companies seeking to list on the ASX, as Sydney’s IPO market continues to gain traction.
Aurora Healthcare’s IPO could raise as much as A$414.8 million according...
Orocobre’s $1.78 billion deal for Galaxy Resources creates 5th largest global lithium miner
Australia’s Orocobre has announced an all-stock deal for smaller domestic peer Galaxy Resources worth A$1.78 billion, creating the world’s fifth most valuable lithium producer by market capitalisation.
The merger will also establish the most valuable lithium stock on the ASX, with...
Billionaire industrialist Gupta insists ‘business as usual’ in Australia despite credit troubles
British billionaire Sanjeev Gupta has declared it is ‘business as usual’ at his Australian steel and coal operations, despite the looming possibility of creditors carving up his conglomerate GFC Alliance.
Gupta’s business empire came under threat when its lender, Greensill Capital,...
Santos green lights $4.7 billion Barossa offshore gas project near Darwin
Santos has approved the development of its A$4.7 billion Barossa gas project off the coast of Darwin, after putting the plans on hold last year due to the COVID-driven market crash.
The Australian oil and gas producer said that the green...
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