Caravel Minerals has advised of resignations from board members Peter Alexander as non-executive chair, Marcel Hilmer as executive director and chief executive, Daniel Ryan and James Harris as non-
Perth-based ferrotungsten miner Hazelwood Resources has kicked off a $12.8 million capital raising to repay debt and expand production at its ATC joint venture facility in Vietnam.
Leaner times in the junior mining and exploration sector have resulted in widespread cuts to chief executive pay, but the restraint has not been shared equally across the sector, with some actually lifting salaries.
Perth-based Hazelwood Resources will look to raise up to $7 million to accelerate production at the ATC ferrotungsten joint venture facility in Vietnam, in which it has a 60 per cent stake.
Perth-based Hazelwood Resources has announced a $7.5 million capital raising in order to establish a ferrotungsten plant in Vietnam under its ACT Ferrotungsten joint venture.
Explorer Hazelwood Resources has revealed plans to raise up to $12.35 million to fund exploration works and a bankable feasibility at its Cookes Creek tungsten project in the east Pilbara.
Perth-based Hazelwood Resources Ltd has reached in principle agreement with a number of investors to raise up to $3 million to progress studies at its wholly-owned Big Hill tungsten project.
Perth-based tungsten explorer Hazelwood Resources Ltd says it has scapped the planned February 6 float of wholly owned subsidiary BigHill Resources Ltd, due to continued stock market volatility.
