News Articles for Capricorn Metals

Surefire Resources is eyeing a rapid return to drilling at its promising Yidby Road gold prospect in WA with a drill rig locked in to start exploration later this month. 2500m of RC drilling is planned to follow up on the company's recent discoveries at Marshall and Fender and the campaign will step out to the north and the south on both gold mineralised structures.

Lynas Rare Earths, Liontown Resources, Capricorn Metals and Tim Goyder have taken home awards from this year's Diggers & Dealers Mining Forum.

Peel Mining is seeking to raise $23 million to advance its South Cobar copper project in NSW while making a number of board and management changes.

New gold producer Capricorn Metals has acquired the historical Mt Gibson mine in Western Australia, in a move that doubles the company's reserves.

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

Our board moves wrap includes Adrian Goldstone, Bernard De Araugo, Zhen Wang, Keng Poon, ShanYin Liu, and Liang Li.

Our board moves wrap includes Tammie Dixon, Kim Massey, Katina Nadebaum, and David Iverach.

The high gold price and strength of the market has made it easier for junior goldminers to raise capital and launch IPOs.

After a rocky start to the year, confidence in WA's gold sector is driving economic activity, with investment and exploration up.

Mining contractor MACA is on track to secure $410 million in revenue after receiving a letter of intent from Capricorn Metals for work in the Pilbara.

Pacific Energy has announced it will partner with Capricorn Metals to develop a gas-fuelled power station for its Karlawinda gold project in the Pilbara region.

Our daily board moves wrap includes JianDong He, WeiJun Meng, AnGang Shen, ChengHu Zhu, Claire Poll, Natasha Santi, Donald Argent, Peter Thomas, Jordan McArthur, and David Nixon.

Our weekly appointments wrap includes Tammie Dixon, Guy Chalkley, Marvin Chan, Ella Dachs and Mellisa Teede.

Sean Meakin will take over from Fleur Hudson as company secretary of AssetOwl on September 20.

The state's gold miners are positioning themselves to take advantage of the commodity's surging value.

Mark Clark-chaired Capricorn Metals has announced four new board and management appointments, including a new chief executive, all formerly employed at Regis Resources, which Mr Clark led for nine years.

Millennium Minerals has appointed Warren Hallam as managing director, marking Mr Hallam's return as the leader of a junior miner since his short-lived stint at Capricorn Metals ended abruptly in March.

Capricorn Metals is set to raise $65 million via a share placement it says will underpin the development of its $132 million Karlawinda gold project.

Our daily board moves wrap includes Mark Clark, Mark Okeby, Douglas Jendry, Mark McAuliffe, Oonagh Malone, David Palumbo, Nathan Lude, Fei Peng, Ron Heeks, Matthew Smith, Glenn Zamudio, Ian Clyne, Simon Adams, Garry Perotti, Mark Stowell, and Mark Bojanjac.

Shareholders have welcomed Capricorn Metals' announcement it is seeking to raise up to $18.3 million via a share placement and top-up issue, and that Mark Clark and Mark Okeby, both formerly of Regis Resources, have joined the board.

High-level iron ore, lithium and gold projects set pace for more than 50 developments in fresh commodities boom.

Gold aspirant Capricorn Metals has announced a $10.1 million rights issue, while the company assess sale options, including being acquired.

Our daily board moves wrap includes Warren Hallam, Jonathan Shellabear, Tim Kestell, Douglas Jendry, Debra Bakker, Geoff Rogers, Peter Benjamin, Chris Baker, Stephen Stroud, and Stuart Bodey

Capricorn Metals' managing director and chief financial officer have resigned after two shareholders of the gold junior successfully ousted three of its directors.

Capricorn Metals advises that the Share Purchase Plan described in the offer booklet dated 6 February 2019 closed on 21 February 2019.

Our daily board moves wrap includes Warren Hallam, Jamie Skella, Andrew Jensen, and Philip Re.

Warren Hallam has been tapped as the new managing director of Capricorn Metals, as the company ramps-up the development of its flagship Karlawinda gold project.

Three junior miners are undertaking capital raisings, with Amani Gold set to raise at least $3.7 million, Hot Chili $3.2 million, and $3 million for Capricorn Metals.

Gold aspirant Capricorn Metals has locked in a $107 million debt package, while Subiaco-based TNG has appointed a German bank to lead a $US600 million ($850 million) debt raising.

Gold-aspirant Capricorn Metals has announced a board restructure, which includes the retirement of managing director Heath Hellewell and founding director Peter Langworthy.

After 18 months as executive chair of Capricorn Metals, Heath Hellewell has stepped down from the role but remains a managing director.

SMS Mining Services has secured contracts at two planned gold projects in Western Australia worth a combined $640 million.

Regis Resources has withdrawn its $85.3 million takeover proposal for Capricorn Metals, after the gold aspirant's largest shareholder, Hawke's Point, rejected the indicative deal.

SPECIAL REPORT: The state's gold industry is planning to invest more than $1 billion in exploration and development to sustain continued modest growth in production.

Perth-based GR Engineering Services has recorded a slight decline in net profit for the 2018 financial year due to two settlement claims, despite an uptick in the group's revenue.

Capricorn Metals expects to secure financing for its Karlawinda gold project in the Pilbara in the September quarter after optimisation work increased the project net present value from $144m to $243m. Other improvements include an IRR of 36% from 31%, payback in just 2.5 years instead of 3 years, a 10% reduction in capital costs to $132m and a 2 year increase in mine life to 8.5 years.

Capricorn Metals has flagged a reduction in the capital cost of its planned Karlawinda gold project near Newman to $132 million following an optimisation study.

More than $12 billion of mining projects are in the pipeline for WA and likely to proceed, with major iron ore developments the biggest contributor.

Automotive Holdings Group has selected current director Rob McEniry to replace outgoing chairman David Griffiths, while England-based Sebstian Coe will become a non-executive director at Fortescue Metals Group.

Junior miners Draig Resources and Capricorn Metals will tap investors in separate capital raisings as both companies advance their respective Western Australian gold projects.