News Articles

Contracts 22 Jan 2020

MACA wins $40m in contracts

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.

Appointments 13 Jun 2018

Board Moves June 13, 2018

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.

Deals 09 Apr 2018

AWE, Finders battles add M&A spice

SPECIAL REPORT: Corporate advisory firm Argonaut had a lead role in two of the most hotly contested takeover battles in WA in recent times.

Appointments 29 Mar 2018

Board Moves March 29, 2018

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

Deals 27 Mar 2018

OZ Minerals makes $444m play for Avanco

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.

Deals 22 Jan 2018

Corporate finance deals Jan 15 to Jan 19 2018

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.

Appointments 01 Sep 2017

Board Moves September 1, 2017

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.

Deals 07 Oct 2016

Avanco, Spitfire into gold projects

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.

Mining 15 Feb 2016

Battle on for mining contractors

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

Mining 24 Aug 2015

Maca delivers solid result

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.

Appointments 22 Jul 2015

Board moves - week to July 22 2015

Northern Minerals managing director George Bauk has been named the new chair of lithium miner Cobre Montana.

Deals 22 Apr 2015

Avanco plans $64m capital raising

Copper explorer Avanco Resources has launched a $64 million capital raising to fund construction of its Antas project in Brazil into production.

Deals 28 Jul 2014

BlackRock to invest $US12m in Avanco

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.

Appointments 28 Jul 2014

Jones chairs Avanco

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

Deals 16 May 2014

Avanco completes $23m placement

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.

Deals 16 Oct 2013

Avanco raises $18m in placement

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.

Mining 08 Oct 2013

Avanco in line for $US12m royalty investment

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.

Remuneration 18 Apr 2012

Directors’ Interests

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

08 Nov 2010

Avanco raises $20m via placement

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.

29 Oct 2010

Avanco earn in deal for Brazil mine

West Perth-based Avanco Resources has reached an agreement to acquire a 75 per cent interest in a nickel platinum project in northern Brazil.

12 Oct 2010

Avanco up on Brazil drill result

West Perth-based Avanco Resources has announced outstanding assay results from its drilling program at the Rio Verde Copper Project in Brazil.

News Articles for Avanco Resources

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