Australian Aboriginal Mining Corporation chairman Daniel Tucker is confident the company will become the first Aboriginal-owned and operated iron ore miner this year, after signing a mine gate sales deal with Fortescue Metals Group.
SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state's best chief executives are unexpectedly low down.
Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.
Ascot Resources has appointed James McClements, Shahb Richyal and Nathan Featherby to the board as non-executive directors, following the acquisition of the Wonmunna Iron Ore project last month.
Perth-based coal miner Ascot Resources has received commitments from global commodity trader Gunvor Group for a $5 million equity capital investment in its $11.2 million raising.
Ascot Resources has agreed to acquire the Wonmunna iron ore project from Ochre Group, which, in return, will receive a majority stake in the previously coal-focused company.
Perth-based coal explorer Ascot Resources has secured $1 million in funding from engineering and minerals processing group Sedgman, which will emerge as Ascot's largest shareholder.
Colombian-focused coal explorer Ascot Resources has appointed managing director Andrew Caruso as executive chairman, following the resignation of Paul Kopejtka.
Colombian-focused coal explorer Ascot Resources has appointed managing director Andrew Caruso as executive chairman, following the resignation of Paul Kopejtka.
In the first of a quarterly series on executive remuneration, we find that listed companies of all sizes have started cutting chief executive salaries but are still designing packages that offer plenty of upside.
