Today's board moves wrap includes Richard Hill, Grant Mooney, Michael Hendriks, Christopher Achurch, Robert Martin, Tim Coughlin, Daryl Corp, Andrew Cooke, Dave Filov, and Brian Rodan.
Sandfire Resources is selling its gold project in New Zealand to fellow Perth-based explorer Auris Minerals, in a cash and scrip deal worth $23.2 million.
Our board moves wrap includes Steve Parsons, Michael Naylor, Mathew O'Hara, Oonagh Malone, Evan Cranston, Brian Thomas, Michael Hendriks, Mark Clements, Dale Hanna, Tim Slate, Dale Ginn, Eddie King, Don Carroll, David Coyne, Robert Ierace, and Mauro Piccini.
Sir Peter Westmacott has been appointed non-executive director of Family Zone Cyber Safety. Sir Peter is a former British ambassador to the USA, France and Turkey.
Shares in Auris Minerals have risen after the company's joint venture partner, Sandfire Resources, released promising drilling results from the Morck's Well East copper project in the Bryah Basin.
Auris Minerals chairman Bronwyn Barnes and independent director Susan Vearncombe have been voted off the company's board, after a group of dissident shareholders gained enough support to pass a number of resolutions at a special meeting today.
The Takeovers Panel has thrown out an application from Perth-based Auris Minerals to stop a group of dissident shareholders from voting at a meeting to spill the company's board.
Auris Minerals chairman Bronwyn Barnes has disclosed that some of the people seeking to oust her had been negotiating a farm-in proposal last year without the knowledge of the company's board.
Six months after shutting down specialist oil and gas advisory firm Miro Advisers, Tim Woodall has joined the board of Melbourne-based explorer and producer FAR as a non-executive director.
Perth businesswoman Bronwyn Barnes has joined minerals explorer Black Mountain Resources as its interim chief executive, following the departure of Julian Ford earlier this month.
Flinders Mines is seeking to raise $16 million to advance its Pilbara iron ore project, with the company needing to fund further work to progress the mine to feasibility stage.
Bronwyn Barnes has been appointed the new chair of West Perth-based Indiana Resources, on the same day the company went to the Takeovers Panel to fight attempts by a group of shareholders to oust existing directors.
Metals X looks set to succeed in its long-running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $103 million.
Stockbroker Andrew Frazer is planning to keep together his 12-strong team in Perth and Sydney, after current backer GMP Securities announced a major restructuring of its international operations.
Local explorer RNI has sold its shareholding in Metals X for $23.4 million to pay off all its debt and fund new drilling work on its copper tenements in the Bryah Basin.
Perth company Metals X has made a surprise takeover offer for embattled copper miner Aditya Birla Minerals, in a bid which values the target at about $86 million.
Local explorers Encounter Resources, Horseshoe Metals and RNI have announced plans to raise a combined $9.8 million to fund ongoing work at their respective projects.
Local miner Metals X has announced a 9 per cent increase in net profit to $40.9 million for the 2015 financial year, on the back of higher revenue from gold sales.
RNI shares leapt this morning on news that the company is selling its Grosvenor gold project to Metals X in a scrip deal that will help the company refocus on its copper assets.
RNI shareholders lodged a big protest today, with many voting against resolutions at a general meeting, which was held three days after the debt-laden gold company extended the timing of its $25 million entitlements offer for a second time.
Mining junior RNI says a number of recent cost-cutting measures included staff redundancies and salary cuts across the board, as the company announced a $26.5 million recapitalisation plan to pay off debt.
RNI shares lost more than a fifth of their value after the company announced its financing deal with a London-based fixed interest fund had fallen through.
Standout junior explorers are finding investors for their mining projects, while others are cutting back on exploration and development to counteract a tough corporate finance market and increased government fees.
The strong rise in the Australian dollar gold price has encouraged gold companies to press ahead with low-cost mine developments, despite uncertainty over royalties.
Three aspiring gold miners have announced an increase in projected free cash flow for their respective projects as a result of the strong gold price, coupled with falling fuel costs.
Metallurgist Royce McAuslane has been appointed managing director of mineral explorer RNI, while chairman Miles Kennedy will move to a non-executive role effective immediately.
Shares in Subiaco-based explorer Resource and Investment have closed higher on the back of strong drilling results at the company's Grosvenor copper-gold project in the Bryah Basin.
Shares in Subiaco-based explorer Resource and Investment have closed the day's trade higher after feasibility studies revealed low operating costs at its gold projects near Meekatharra.
