With the antimony market booming and setting the share market alight, Bulls N' Bears has gone looking for the next critical metal shouting out for attention from new technologies – and it could be tungsten. Driven by demand in the industrial, renewables and defence sectors – and a shrinking supply – the alloy-hardening metal could soon join the chorus of critical minerals that are making all the noise.
Our board moves wrap includes Neil Inwood, John Welborn, Justin Reid, Charles Lepani, Shane McLeay, Aaron Treyvaud, Jeff McGlinn, John Boland, and David Ledger.
Former Resolute Mining chief executive John Welborn will become non-executive chair of WA iron ore play Fenix Resources ahead of a $2.3 million investment in the company.
Subiaco-based Perseus Mining is set to gain control of a potential new gold project near its Sissingue mine after announcing a friendly takeover bid for Exore Resources in a scrip deal worth around $60 million.
Constellation Resources, a spin-out of Apollo Minerals' Fraser Range assets, has begun trading positively on the ASX today, after raising $7 million via an initial public offering.
Perth-based Apollo Minerals has announced plans to spin-out its Fraser Range assets via an initial public offering, as the company focuses on its European tungsten and gold projects.
Westgold Resources Limited is pleased to advise that completion of the sale of the South Kalgoorlie Operations (SKO) to Northern Star Resources Limited as announced on 8 March 2018 occurred on 29 M
Graphex Mining is pleased to advise that it has received subscriptions to purchase 8,750,000 fully paid ordinary shares at $0.28 cents per share to raise $2.45 million through a placement to profes
High Grade Metals is pleased to announce that on 26 February 2018 it completed the acquisition of the issued capital of Austrian Projects Corporation Pty Ltd (ACN 622 432 428).
Ian Middlemas-led explorer Apollo Minerals has entered into an agreement to acquire a major stake in a tungsten-copper-gold project in France, in a cash and scrip deal worth up to $13.5 million.
Indian conglomerate Jindal Steel and Power has taken a significant stake in Apollo Minerals, part of a $3.6 million capital raising for the Perth-based iron ore explorer.
Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.
Newly listed diversified Australian resources company Apollo Minerals Ltd has confirmed that Chinese Iron and Steel Grouphave taken a 3.9 per cent stake in the company and is looking to increase its stake to 19.9 per cent.
West Perth-based uranium and iron ore company Apollo Minerals Ltd will acquire an 80 per cent interest in an iron ore project in the Pilbara for up to $1 million under an option agreement, the company has announced.