Local explorer Dacian Gold has kicked off a $25 million capital raising to fund ongoing work at its Mt Morgans project near Laverton, where it hopes to start construction in 2017.
Dacian Gold's share price hit a three-year high today after the explorer said the scoping study for its Mt Morgans mine project showed it would be "an outstanding WA gold project at every level".
Perth-based explorers Windward Resources and Auroch Resources have dipped their toes into a tough IPO market, raising a combined $5 million through initial public offerings that closed today.
Shares in newly-listed explorer Dacian Gold have jumped on the ASX, after the company commenced drilling at its Mt Morgans gold project near Laverton ahead of schedule.
Signs of life are starting to emerge in the sputtering initial public offerings market, with three Western Australian explorers advancing plans to list on the Australian Securities Exchange this we