News Articles

Bulls N' Bears 04 Sep 2024

Green light for WA mine as Meeka targets first gold by July

Meeka Metals has slotted in the final piece of the approvals puzzle from the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS), allowing it to launch full-scale development of its Murchison gold project in Western Australia. With the green light now shining brightly, Meeka has quickly moved from planning to construction and is targeting its first gold pour by July next year.

Bulls N' Bears 17 May 2024

Rolled gold hits always shine in troubled times

In this week's edition of Bulls N' Bears Big Hits, we unravel some of the most curious drill intersections revealed on the ASX, including Warriedar Resources' stunning gold hit of 4m at 14.49g/t. We also take a close look at other notable drill hits in the past week from Ora Gold, Australian Gold and Copper, Dateline Resources and Patriot Battery Metals.

Mining 07 Oct 2020

Juniors benefit in bullish market

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

Special Reports 16 Sep 2019

Production lags record gold price

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

Deals 22 Mar 2019

Doray shareholders overwhelmingly support merger

Over 99 per cent of Doray Minerals' shareholders have voted in favour of the company's proposed $615 million merger with fellow locally-based gold miner Silver Lake Resources.

Special Reports 18 Mar 2019

Woodside, Evol aim to fuel ships boom

Tougher emissions standards for ships and a growing need for remote power options for miners could both be a boost for the domestic LNG market.

Deals 01 Mar 2019

Westgold scraps purchase of Doray projects

Westgold Resources will not go ahead with its planned purchase of Doray Minerals' Andy Well and Gnaweeda gold projects.

Special Reports 21 Jan 2019

Lithium, gold and base metals driving deals

SPECIAL REPORT: Global players are converging on WA as resources assets become increasingly attractive in the international arena.

Mining 03 Jan 2019

Doray Minerals in $15m sale

Gold and copper producer Doray Minerals has announced the sale of its Andy Well and Gnaweeda gold projects to Westgold Resources, in a cash and scrip deal worth $15 million.

Mining 14 Nov 2018

Silver Lake and Doray in $421m gold merger

Local gold producers Silver Lake Resources and Doray Minerals have announced a merger to create a mid-tier company to be led by Silver Lake managing director Luke Tonkin.

Mining 05 Oct 2018

Doray in $10m Andy Well sale

Gold miner Doray Minerals has announced the sale of its mothballed Andy Well project near Meekatharra to Canadian company Galane Gold in a deal worth $10 million.

Deals 05 Oct 2018

Corporate finance deals Oct 1 to Oct 5 2018

Dreamscape Networks is pleased to announce that it has entered into a Binding Heads of Agreement to acquire 100% of Hong Kong based hosting and domain business PacHosting from privately held Pacifi

Mining 08 Aug 2018

Fire stops work at WA gold mine

Operations at Doray Minerals' Deflector gold-copper mine in the Murchison region have been halted after a fire broke out at the site early this morning.

Mining 20 Jun 2018

Gold miners post strong output forecasts

Gold producer Northern Star Resources has hit its gold production rate target for 2018, while Doray Minerals has announced an increased production guidance for the 2019 financial year.

Deals 26 Feb 2018

Corporate finance deals Feb 19 to Feb 23 2018

Black Mountain Resources Limited is pleased to update shareholders on the following restructure initiatives that have been agreed to by the Company and its major lender, Richmond Partners Masters L

Deals 22 Feb 2018

Doray in $25m raising

Gold miner Doray Minerals has raised $25 million to reduce debt and increase exploration at its Deflector project, which is located 160 kilometres east of Geraldton.

Mining 12 Jan 2018

Local gold stocks up

The share prices of Orinoco Gold and Doray Minerals have risen today after the companies announced positive drilling results at their respective projects.

Mining 27 Oct 2017

Doray ponders Westgold JV

Gold miner Doray Minerals is considering a joint venture arrangement with Metals X spin-out Westgold Resources over its Gnaweeda project.

Deals 10 Oct 2017

Riversgold debuts on ASX

Local explorer Riversgold has begun trading on the ASX after raising $6.1 million from investors by way of an initial public offer.

Mining 26 Sep 2017

Emerging producers tackle challenges

SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state's emerging miners wrapped-up a busy 12 months.

Mining 31 Aug 2017

Doray flags $71m loss

Doray Minerals has flagged a $71.7 million net loss for the 2017 financial year, on the back of a large impairment charge.

Deals 04 Aug 2017

New gold IPO as explorers relist

A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.

Mining 06 Jul 2017

Doray to mothball Andy Well

Shares in Doray Minerals have been hammered on news the company will suspend operations at its Andy Well gold mine later this year.

Contracts 26 Jun 2017

Yagahong Alliance into positive territory

SPECIAL REPORT: A joint venture between a major contractor in the Mid West and a traditional owner group has been many years in the making.

Mining 20 Apr 2017

Sharp fall in CEO salaries

Newly appointed chief executives in WA are on substantially lower salary packages compared with recent years, a Business News survey has found.

Mining 20 Mar 2017

Cash to lead Millennium

Local gold miner Millennium Minerals has found an internal candidate to replace outgoing chief executive Glenn Dovaston, who has resigned after two years at the helm.

Mining 16 Mar 2017

Doray appoints new COO

Doray Minerals chief operating officer Peter Bamford has become the latest senior departure from the firm, following the recent exit of its CEO and chairman.

Mining 14 Mar 2017

Capricorn restructures board, management

Doray Minerals co-founder Heath Hellewell has been promoted to the role of executive chairman of gold explorer Capricorn Metals, as the company restructures its board and management positions.

Mining 22 Feb 2017

Doray flags $45m impairment

Gold miner Doray Minerals says it expects to report a $40 million-$45 million impairment charge against its Andy Well and Deflector gold mines, with the former operation also expected to deliver an operational loss for the financial year.

Mining 02 Feb 2017

Doray picks Matthys as chairman

Former BHP Billiton executive Julius Matthys has been appointed chairman of gold miner Doray Minerals, replacing Peter Lester who retired last month to focus on his other business interests.

Mining 20 Jan 2017

Doray names Kelly's successor

Doray Minerals has found a permanent replacement for its recently departed managing director Allan Kelly, appointing Leigh Junk to the role with a larger base salary than his predecessor.

Mining 13 Jan 2017

Doray chairman resigns

Doray Minerals chairman Peter Lester has told the company he will retire on Monday to focus on his other business interests, less than two months after founding managing director Allan Kelly resigned.

Appointments 28 Nov 2016

Board Moves November 21-25, 2016

Coventry Group has appointed its former chief financial officer Robert Bulluss as company secretary following the resignation of Chris Lloyd.

Mining 25 Nov 2016

Founding Doray boss to retire

The founding managing director of Doray Minerals has announced his resignation after nearly eight years in the role, citing personal reasons for his departure, with non-executive director Leigh Junk to fill the role until a full-time candidate is found.

Deals 26 Oct 2016

News Articles for Doray Minerals

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