Gascoyne lead and silver miner Abra Mining has tumbled into administration with KordaMentha partners pursuing a potential sale or recapitalisation deal for the company.
Galena Mining has raised $20 million from investors after wet weather conditions and technical issues caused delays in the ramp-up period for its Abra base metals mine.
Blackstone Minerals has bolstered its engineering horsepower with GR Engineering Services as it heads towards the delivery of a definitive feasibility study into its upstream Ta Khoa Nickel Project. The ASX-listed addition is hailed as a ‘Tier 1' process engineering, design and construction advisory company and will man the role of Blackstone's primary consultant.
Ascot-based GR Engineering Services has been contracted to build a sulphide flotation and processing plant for Galena Mining's base metals project in Western Australia.
Chinese zinc and tungsten producer Hunan Nonferrous Metals Corp has increased its stake in Abra Mining Ltd to 64.7 per cent, its second significant boost for this week.
Chinese producer Hunan Nonferrous Metals Corp has increased its stake in Abra Mining Ltd to 50.2 per cent, putting it in reach of its takeover offer to acquire 70 per cent of Abra shares.
West Perth-based minerals explorer Abra Mining Ltd has raised $1.3 million through a placement to Excel Energy Investments to be used for further diamond drilling of its Abra deposit, north of Meekatharra, the company has announced.
West Perth-based minerals explorer Abra Mining Ltd will raise just under $8 million through a share placement with China-based investment group AP Energy Investments Ltd.
WESTERN Australian resources explorer Abra Mining Ltd has appointed Jeff Moore (above) as managing director to direct the next phase of exploration at its base metals project near Meekatharra in centr
