News Articles for Crest Minerals

Struggling miner Reed Resources has agreed to sell its Comet Vale gold project to a private bidder for $2 million, about a third of the price offered by Crest Minerals in its terminated bid for the project last year.

Crest Minerals is seeking to raise $2.2 million through a non-renounceable rights issue to help progress the company's Majestic North gold project.

Junior mining stocks Crest Minerals and Avalon Minerals have announced they will not be proceeding with planned acquisitions, after failing to get the backing of investors.