Stocks to watch on the Australian stock exchange at the close on Monday:
EVN - EVOLUTION MINING - in a trading halt at $1.175
Gold miner Evolution Mining has announced its second acquisition in just over a month, acquiring the Cowal mine in central NSW for $US550 million ($A702.74 million).
MEL - METGASCO - up 2.8 cents, or 58.3 per cent, at 7.6 cents
Metgasco is urging the NSW government to strike an out-of-court compensation deal following their legal tussle over the suspension of the coal seam gas explorer's drilling licence.
OZL - OZ MINERALS - down nine cents, or 1.8 per cent, at $4.88
Oz Minerals is looking to take advantage of the current weakness in the resources sector, chief executive Andrew Cole says.
RCT - REEF CASINO TRUST - steady at $3.22
The operator of the Cairns casino hopes to boost its visitor numbers through a new loyalty program as well as marketing in Singapore and southeast Asia.
SIR - SIRIUS RESOURCES - up 66 cents, or 20.4 per cent, at $3.90
IGO - INDEPENDENCE GROUP - down 70 cents, or 12 per cent, at $5.15
Miner Independence Group has struck a $1.8 billion deal to buy the company behind an emerging West Australian nickel project while the metal's price hovers at historic lows.
SKE - SKILLED GROUP - up 14.5 cents, or 11.8 per cent, at $1.375
PRG - PROGRAMMED GROUP - down 11 cents, or 4.2 per cent, at $2.51
Australia's biggest workforce provider, Skilled Group, has entered into merger talks with rival Programmed Group, just months after rejecting a takeover offer from the company.