Alkane Resources has passed significant milestone in the development of its Dubbo zirconium project, after announcing a joint venture to produce zirconium oxychloride at its plant in Kwinana.
Perth-based Alkane Resources has reaped $9.7 million from the sale of its remaining 5.95 per cent interest in BC Iron to offshore and domestic institutional investors.
Alkane Resources Ltd non-executive director Ian Gandel has invested $10.6 million buying extra shares in the company, after he was required to take up a big shortfall in its $12.8 million rights issue.
Perth-based Alkane Exploration Ltd aims to raise $12.8 million through the underwritten issue of 40.1 million shares to existing shareholders on the basis of one new share for every five shares held.
Perth-based gold and base metals miner and explorer Alkane Exploration Ltd has closed its non-renounceable rights offer undersubscribed, having raised $1.1 million of the $1.4 it aimed for.
Perth-based gold explorer Alkane Exploration Ltd has received a $3.29 million AusIndustry Commercial Ready Grant to be allocated towards advancement of its Dubbo Zirconia project in New South Wales.
Anaconda Nickel Limited has cast its net farther into the prospective base metals pool by farming into the Tottenham nickel-cobalt laterite project owned by Perth-based Alkane Exploration NL.
