Great Southern Mining has received commitments from sophisticated investors for the placement of 34 million shares at an issue price of $0.0375 a share to raise approximately $1.275 million.
Gold producer Beadell Resources has announced a board restructure and a new mining contract at its operations in Brazil, as the company pursues a primary listing in Canada.
Perth companies MACA and gold producer Beadell Resources have agreed to terminate a mining services contract at Beadell's Tucano project in Brazil, leaving the miner to repay a $61 million loan.
Gold miner Beadell Resources has raised $US23 million ($30 million) via a share placement and convertible debentures to fund an upgrade of its Tucano mine.
West Perth-based Beadell Resources has announced plans to merge with a Canadian mining exploration firm to create a dual-listed company on the ASX and the TSX venture exchange.
West Perth-based gold miner Beadell Resources has started work on a $US28 million plant upgrade project at its Tucano gold mine in Brazil, with commissioning to get under way in the middle of 2018.
SPECIAL REPORT: Western Australian stockbrokers and companies raised nearly $1.1 billion in 104 transactions in the March quarter, with gold deals being a major driver of activity, according to new data compiled for the BNiQ Search Engine.
SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.
The gold sector has continued to be positive for investors and stockbrokers, with a $12.5 million capital raising announced today by West African Resources adding to more than $150 million worth of deals launched by Western Australian companies this year.
Gold miner Beadell Resources has come under new leadership, with the company appointing former Red Back Mining executive Simon Jackson as managing director and chief executive.
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.
Gold producer Beadell Resources says a number of delays at its Tucano project in Brazil are to blame for a shortfall in gold sales for the March quarter.
Listed companies from Western Australia are on the outer in the most recent quarterly reshuffle of the S&P Dow Jones ASX Indices, with high-profile absentees including Iluka Resources, Mineral Resources and Monadelphous Group.
Mining and civil engineering firm MACA announced today that it had won $47.9 million worth of project contracts from Main Roads WA and mining giant Rio Tinto in the past three months.
Mining and civil engineering firm MACA has received a letter of intent to provide mining services to Beadell Resources' Tucano gold project in Brazil, with the value of the deal yet to be finalised.
Northern Star Resources has been recognised for excellence in the resources sector, winning the fourth annual Craig Oliver award at the RIU Explorers Conference.
Northern Star Resources has confirmed it will enter into a hedging program for almost a third of its forecast gold production over the next 12 months as concerns over price volatility continue to linger across the sector.
The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.
West Perth-based Beadell Resources has recorded its highest ever gold production and sales at its Tucano mine in Brazil, with plant and equipment upgrades paying dividends for the company.
Beadell Resources managing director Peter Bowler has sold $2.8 million of shares on-market, to finance the acquisition of a property and to pay income tax liabilities.
Beadell Resources has launched a $25 million capital raising to pay off outstanding invoices for its Tucano gold processing facility in Brazil and boost working capital.
Beadell Resources has secured an additional $10 million in financing from Macquarie Bank as the company nears completion of construction of the processing plant at its Tucano gold mine in Brazil.
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.
Beadell Resources has successfully completed a $30 million share placement to raise $30 million for the development of a processing plant and exploration programs at its Tucano gold project in Brazil.
Perth-based Beadell Resources has targeted March next year to begin producing gold from its Tucano project in Brazil, after signing a $75 million deal with Ausenco to manage the delivery of a processing plant at the mine.
Beadell Resources has completed a deal to sell the Amapá Iron Ore Royalty for $31.25 million cash to global natural resources royalties company Anglo Pacific Group.
Beadell Resources says it has received commitments to raise $57 million, which will be used to complete the acquisition of a Brazilian company that hold the rights to a gold project and an iron ore royalty.
West Perth-based Beadell Resources Ltd will have to put its goal of stepping into the miner's sphere on hold, after turbulent market conditions stopped the company from raising equity to purchase a share of the Cracow gold mine.
Perth-based Beadell Resources Ltd has potentially secured a $50 million debt facility with ANZ to help fund part of its purchase of the Cracow gold mine in Queensland.
PERTH-based explorer Beadell Resources Ltd is about to step into producer status after negotiating a deal with resource investment firm Lion Selection Ltd to acquire the remaining 30 per cent interest in the Cracow gold mine for $80 million.
