Civil and mining contractor MACA has secured another contract with First Quantum Minerals, worth $20 million, and further contracts with VicRoads totalling $19.5 million, while also announcing the closure of its Brazil operations.
Following OZ Minerals' 50.1% ownership of Avanco Resources, it has appointed Andrew Cole as non-executive chair, and Mark Irwin & Warrick Ranson as non-executive directors of Avanco.
Avanco Resources has made several new management appointments to support its substantial commitments arising from the push for growth and development through to production of its significant copper
Copper miner OZ Minerals has launched a $444 million takeover bid for Avanco Resources, sending shares in the Subiaco-based ASX-listed exploration company soaring.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
Paul Thomson has signed a new service agreement with A-CAP Resources and will transition from his current role of managing director to chief executive.
Subiaco-based minerals explorer Avanco Resources has signed an earn-in agreement with Canadian Jaguar Mining for the Gurupi gold project in Brazil, while Spitfire Materials has acquired 100 per cent of a gold project in Western Australia.
Welshpool-based Maca has posted a slight fall in profit for the financial year but increased revenue by 1 per cent, despite it being a tough time for contractors and mining services companies in the current market.
Perth based copper explorer Avanco Resources has finalised a deal with global resources funds management giant BlackRock, which will provide $US12 million to fund development of the Antas North site in Brazil.
Non-executive director Colin Jones has been appointed non-executive chairman at Brazilian base metals explorer Avanco Resources, following the resignation of founding chairman Matthew Wood, who rem
West Perth-based explorer Avanco Resources has raised $23 million through a share placement as it works towards development of its Antas and Pedra Branca copper projects in Brazil.
West Perth-based junior Avanco Resources has completed an $18.1 million share placement as it looks to fast-track development of its Pedra Branca copper project in Brazil.
West Perth-based junior Avanco Resources has secured agreement for a $US12 million royalty-based investment deal with major resources investor BlackRock World Mining Trust.
Avanco Resources chairman Matthew Wood has exercised 6.2 million options to acquire shares in the company at a cost of 1.5 cents each, to increase his shareholding in the Brazilian-focused metals e
West Perth-based Avanco Resources has raised $20 million via a placement to institutional and sophisticated investors to accelerate the exploration and development of its copper and nickel projects in Brazil.