Mineral exploration company Great Southern Mining will raise $1.8 million in a bid to enhance its gold resource base across both Western Australia and Queensland.
After poring over historical data mineral explorer Aurum Resources has confirmed the company's flagship Penny South gold project in WA's Mid West is also prospective for nickel along with a potential side of silver and zinc. Aurum intends to re-assay drill holes that were only ever assessed for gold as it looks to quantify the project's base metal potential.
Western Australian companies Dacian Gold and NTM Gold have agreed to merge their assets, with the combined group to have a market capitalisation of $285 million.
WenYi Gu has been appointed non-executive director of Admedus. Dr Gu is a Research Fellow at the Australian Institute for Bioengineering and Nanotechnology at the University of Queensland.
Perth mining executive Michael Ruane is seeking a board spill at Empire Resources, less than two months after the gold miner was forced to restructure its board due to a push from a separate group of dissident shareholders.
Empire Resources has had a win in the Supreme Court of Western Australia, after an injunction order sought by the company's joint venture partner, Brimstone, relating to an overdue payment was dismissed today.
A group of dissident shareholders at Empire Resources is seeking a board overhaul after requesting a general meeting to remove its three directors, including managing director David Sargeant.
Noel McAuliffe has been appointed chief financial officer and company secretary of Birimian. He replaces Nick Longmire who has served in those roles on a part-time basis since November 2017.
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.
Poseidon Nickel is in discussions with Empire Resources for the processing of gold ore at its mothballed Black Swan processing facility near Kalgoorlie, while Empire has secured two loan deals to help pay for essential mining costs.
Kalgoorlie-based mining contractor Hampton Transport Services has won a contract for haulage work at Empire Resources' Penny's Find gold mine for an undisclosed sum.
Local explorer Empire Resources is set to begin operations at its Penny's Find gold project near Kalgoorlie, after contracting NRW Holdings to undertake mining operations at the open pit.
Echo Resources says it will cost just $2.9 million to bring its Julius gold project into production, while Empire Resources expects to begin mining at its Penny's Find gold project in the coming three months.
BURSWOOD-BASED uranium and copper-gold hopeful Empire Resources Ltd has raised $5.5 million in subscriptions, down from its target of $6 million, ahead of its ASX debut this week.
The market may be getting the jitters over commodity prices but there are still a host of resources-related floats seeking to make the most of the buoyant capital markets.
