Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.
Perth-based junior Mutiny Gold has launched plans to raise $4.1 million towards drilling at its Deflector copper-gold project in the Midwest, including a $1.5 million share placement to preferred mining contractor Ausdrill.
Ausdrill has struck up an alliance with gold explorer Azumah Resources, agreeing to invest $2 million in the company following the appointment of Ausdrill subsidiary African Mining Services as Azumah's preferred mining contractor.
Azumah Resources says it will make a final investment decision early next year at its Wa gold project in north west Ghana, after releasing a feasibility study and maiden reserve for the development
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
Perth-based Azumah Resources has launched a C$20 million (A$19 million) capital raising to fund exploration programs and a feasibility study for its Wa project in north west Ghana.
Perth-based gold hopeful Azumah Resources has announced it will pursue a dual listing on the Toronto Stock Exchange to build on its strategic base in North America.
Perth-based West African gold miner Azumah Resources has completed a $30 million capital raising to accelerate development of its 1.2 million-ounce Wa gold project in Ghana.
Azumah Resources has raised more than $4 million through an oversubscribed share placement as part of its push to fast-track exploration and development at its Wa gold project in Ghana.
Macquarie Bank Ltd has emerged as the biggest shareholder in Perth-based African gold explorer Azumah Resources Ltd after subscribing to shares worth nearly $2 million.
West Leederville-based gold explorer Azumah Resources Ltd has raised $4.4 million through a placement to fund expanded drilling programs at its Ghanan gold project, the company announced today.
