Goldminer Emerald Resources has forewarned shareholders that its March 2025 quarterly production will be below its original guidance, citing multiple factors.
Boosted by solid production at its flagship mine, gold miner Emerald Resources increased its half-year net profit by 45 per cent from the prior corresponding period.
Gold producer Emerald Resources has secured a 20.5 per cent stake in West Perth-based Golden Horse Minerals, becoming the junior's biggest shareholder.
Goldmining executive Simon Lee will retire in November, after calling time on a prolific multi-decade career of success which has fingerprints across the sector in Australia and abroad.
West Perth-based Golden Horse Minerals has acquired historic tenements in WA's Southern Cross district from Emerald as part of a deal which makes Emerald a cornerstone shareholder.
Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.
Emerald Resources has extended its partnership with MACA, enabling the contractor to play a key role in the development of new gold mines in Australia and Cambodia.
The combined value of Western Australia's listed companies fell to $349.7 billion last financial year, propped up by the resurgent performance of the state's gold sector.
Mark Beyer and Mark Pownall discuss the week in lithium; construction issues; Fortescue's share price tumble; inflationary data; interest rates; house prices; CFMEU action; and Rex's plight.
Emerald Resources has achieved a record full year production of 114,076 ounces of gold for the 2024 financial year, up 5,210oz from the prior corresponding period.
Our board moves wrap includes Mark Clements, Ross McEwan, Doman Wong, Myo Myint Ohn, Paul House, Brett Mitchell, Pedro Kastellorizos, Rachel Kerr, David Sanders, Matthew Blake, Scott Mison, Marc Ber, Michelle Blandford, and Natasha Santi.
Our weekly appointments wrap includes Sandra McInnes, Carmelo Arto, Liz MacLeod, Yvonne Timson, Michelle Jenkins, John Tasovac, Shannon Campbell, David Lim, Dave Sanders and Peter Holmes.
Bullseye Mining is mulling two takeover offers after shareholder Au Xingao tabled a $155 million cash offer for the target, competing with an existing scrip proposition from fellow shareholder Emerald Resources.
Emerald Resources is proposing to acquire gold explorer Bullseye Mining in a $117 million scrip deal, granting the unlisted company some respite from its ongoing legal action.
Emerald Resources has moved closer to developing its Okvau gold project in Cambodia after signing a $US230 million ($A365 million) mining contract with MACA.
FYI Resources has edged closer to production at its high purity alumina project in Western Australia after completing a definitive feasibility study and securing equity financing with a European investment group.
Gold explorer Emerald Resources is seeking to raise $75 million through a share placement to develop its Okvau project in Cambodia, while also finalising a $US60 million ($A88 million) loan with Sprott Private Wealth.
Emerald Resources has announced plans to raise $75 million to fund its Cambodia-based Okvau gold project, via two placements of 1.9 billion new shares.
Two local gold hopefuls with interests in a Cambodian project have announced a merger, with Emerald Resources to buy Renaissance Minerals in a deal valued at about $40 million.
Former oil and gas explorer Emerald Resources has confirmed plans to transition to the gold sector, announcing today a joint venture deal to earn-in to Renaissance Minerals' Cambodian gold project.
