Calidus Resources

Canada-based Pacton Gold has announced the acquisition of two gold projects in the Pilbara worth about $5.8 million in the past week.

Perth-based company director Peter Hepburn-Brown, who was on the board of three listed mining companies, has passed away following a period of ill-health.

Burswood-based Alkane Resources has invested $3.7 million in gold explorer Calidus Resources, with the proceeds to fund completion of a pre-feasiblity study at the Warrawoona project in the Pilbara.

The pre-feasibility study of Calidus Resources’ Warrawoona gold project in the Pilbara has detailed a $95 million capital cost.

Calidus Resources has completed a placement to raise $9 million, with the funds to go towards the development of its Warrawoona gold project.

Calidus Resources is one step closer to commencing its Warrawoona gold project, with the EPA today recommending conditional approval for the prospective Pilbara mine.

Calidus Resources says it will begin construction for its Pilbara gold project in six months, while Kin Mining and Moho Resources have moved ahead with drill programs for other projects in Western Australia.

Aspiring gold producer Calidus Resources will begin early construction works at its flagship Pilbara project using the proceeds raised from a $25 million share placement.

Calidus Resources has signed an agreement to buy a high-grade gold project for $19.5 million, which will use infrastructure from the company’s proposed Warrawoona mine.

Calidus Resources will begin construction on its Warrawoona gold project in the Pilbara early next year, with initial capital costs expected to be $120 million.

Emerging gold producer Calidus Resources has launched a $32 million share placement to fund the development of its Warrawoona project in WA.

Calidus Resources has secured commitments to fund the acquisition and exploration of a gold project in Warrawoona, located in the Pilbara.

GR Engineering Services has confirmed it will complete the design and construction of a gold processing plant for Calidus Resources under a $75.5 million contract.

Favourable market conditions have led to a suite of new gold producers and projects.

Calidus Resources has raised $20 million from institutional investors to bankroll further lithium and gold exploration pursuits.

Mining services contractor Macmahon Holdings will invest more than $10 million in Calidus Resources' plan to raise $38.5 million to expand its gold project in the Pilbara.

Calidus Resources told the market on Wednesday it had reduced annual production guidance for the 2024 financial year, citing lower-than-anticipated material movement.

ASX-listed Novo Resources has announced sweeping changes at leadership level

Shareholders of Calidus and Miramar Resources experienced different emotions on Thursday following market updates from both companies.

ASX-listed Pilbara goldminer Calidus Resources has been handed over to receivers and administrators, with contractor Macmahon revealing a $34 million contract exposure.

The value of gold rose 15 per cent in local dollar terms over the first six months of 2024, hitting record levels driven by geopolitical tensions and wavering economic growth indicators.

Calidus Resources’ flagship Warrawoona gold mine will be moved to care and maintenance, weeks after the company was placed in the hands of receivers by creditor Macquarie Bank.

Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.

Local contractors Monadelphous, Macmahon and Mader Group posted upticks in their full-year revenue for the 2024 financial year.

WA mining pioneer Mark Creasy has proposed a rescue bid for collapsed ASX-listed goldminer Calidus Resources ahead of a creditors' meeting next week.

Renowned prospector Mark Creasy has secured the blessing of creditors in collapsed miner Calidus Resources to revive the Warrawoona goldmine operator.