Mark Creasy-backed Zuleika Gold and Catalyst Metals have settled a long-running dispute for about $48 million, bringing an end to the ownership tug-of-war over the Plutonic gold mine.
Mark Creasy's Zuleika Gold and subsidiaries of gold miner Catalyst Metals are braced for more legal arm wrestles after a WA Supreme Court judge called off a mid-October showdown.
The latest judgment over a technical report in the legal proceedings between Mark Creasy-backed Zuleika Gold and Catalyst Metals shows the long-running dispute is not yet over.
Catalyst Metals and Gorilla Gold Mines have posted increases to their West Australian gold resources — inventory they believe will buoy development through to 2026.
Catalyst Metals has hit out at Mark Creasy-backed junior Zuleika Gold, accusing it of an attempt to drum up publicity as the pair prepare to front the Supreme Court.
A long-running legal row between Zuleika Gold and Catalyst Metals over alleged damages owed to the Mark Creasy-backed junior miner will be heard in the state's highest court.
Catalyst Metals is planning to ramp up investment in its Plutonic gold project in the Pilbara where it is aiming to more than double production to 200,000 ounces per year.
Fresh from news earlier this week that it was moving closer towards mining approval at its Trident gold project, Catalyst Metals has outlined its focus for the calendar year.
GOLD WRAP: Westgold Resources boss Wayne Bramwell says the gold miner is in an ideal position, while Catalyst Metals also achieves higher production during the December 2024 quarter.
Mid-tier gold miner St Barbara has announced plans to raise up to $110 million, as the company aims to fast-track development at its Simberi sulphide expansion project.
Shares in West Perth-based gold producer Catalyst Metals closed trade up 23 per cent on Wednesday to $1.41, following news it produced 110,000 ounces of gold during the 2024 financial year.
Westgold Resources has revealed it is being prosecuted over a mine site fatality after Byrnecut, Northern Star Resources and Billabong Gold were fined more than $2 million.
Billabong Gold- owned by Catalyst Metals backed by Gina Rinehart- has been fined half a million dollars over two workplace injuries at a mine in the Mid West.
Our weekly appointments wrap includes John Harris, David Baumgartel, Mick Garbellini, Mark Day, Ted Coupland, Lisa Smith, Lucy Hall, Eliza Carbines, Gillian Nathan, Felicity Zempilas and Louise Kingston.
Our board moves wrap includes Stephen Belben, Joshua Lowcock, Caigen Wang, Steve Boston, Robin Scrimgeour, Kane Marshall, Gary Jeffery, and Paul Hardie.
Everest Metals has completed a swag of deals to formally acquire 51 per cent of the Mt Edon lithium project and the Revere gold project. The package includes joint ventures across both projects with the privately-owned Entelechy Resources, along with farm-in deals and royalty agreements. The arrangements allow Everest to move towards 100 per cent ownership.
Everest Metals has achieved exceptional gold recoveries from independent gravity separation test work from its Revere gold project 90km northeast of Meekatharra. Coarse gold hand-picked from the 305 g/t gold bulk quartz vein sample accounted for 47 per cent of the recovered gold and gravity separation recovered 97 per cent of the remaining gold. The company is now planning further bulk testing and resource drilling.
Gina Rinehart's Hancock Prospecting has backed Catalyst Metal's $22 million placement to accelerate exploration activities in the Plutonic-Marymia gold belt, subject to an acquisition.
Gina Rinehart-backed Catalyst Metals has inked a $C55 million merger with Toronto-based Superior Gold, just a month after securing control of Vango Mining.
Our weekly appointments wrap includes Donna Thornton, Jeremy Meynert, Simon Tyrrell, Matthew Read, Gavin Chamberlain, Jason McFarlane, Giles Tuffin, Nikki Harvey, Chris Massey, Nick de Vries, Daniel Miller, Aaron Heary, Phil McClintock and Janet Holmes à Court.
The directors of Sydney-based gold explorer Vango Mining have recommended shareholders accept Catalyst Metals' $66 million off-market scrip takeover bid.
Perth-based Catalyst Metals announced it has agreed on $66 million for its off-market scrip takeover bid of Sydney-headquartered gold explorer Vango Mining.
Western Australian company Catalyst Metals has flagged a takeover of Vango Mining, confirming it was already in talks to acquire the Sydney-based gold explorer.
Our board moves wrap includes Alison Terry, David Boshoff, Kerryl Bradsaw, James Champion de Crespigny, James Smith, Bob Adam, Simon Wandke, Phil Hoskins, Michael Davis, Robert Rigo, and Peter Brecht.
Our board moves wrap includes David Edwards, John McKinstry, Chris Stevens, Merrill Gray, Caroline Keats, Simon Jackson, Jodie Simm, Corinne Franklin, Suzie Foreman, and Peter Torre.
Today's board moves wrap includes Peter Plakidis, Steve Parsons, Bruce Robertson, Paul Kiley, Adam Place, Bruce Kay, Trevor Ireland, Susan Field, and Bob Vassie.
West Perth-based Catalyst Metals has received commitments to raise $7.9 million through a share placement, backed by Gina Rinehart's Hancock Prospecting, to accelerate its Four Eagles and Tandarra gold projects in Victoria.
Gold explorer Catalyst Metals has entered a farm-in and joint venture agreement with major shareholder St Barbara to explore its Drummartin project in Victoria.
Catalyst Metals has announced that Gold Exploration Victoria, a subsidiary of Hancock Prospecting, has agreed to subscribe for a $13.02 million placement of Catalyst shares.
Three local resources companies have announced successful raisings worth a total of $12 million today, with uranium hopeful Vimy Resources, gold focused Explaurum and gold explorer Catalyst Metals all raising capital.
Catalyst Metals chairman Nathan McMahon says he will defer his salary as the company begins its strategy to reduce its non-core assets in light of the financial crisis.
Perth-based molybdenum miner and explorer Catalyst Metals Ltd has launched an options offer to raise up to $115,000 for working capital, after raising $3.2 million in its share float earlier this year.
