Subiaco-based Perseus Mining is set to gain control of a potential new gold project near its Sissingue mine after announcing a friendly takeover bid for Exore Resources in a scrip deal worth around $60 million.
Apollo Consolidated is selling a portion of its interest in two overseas gold projects, with the proceeds to fund drilling and development studies on its Lake Rebecca project in Western Australia.
Our daily board moves wrap includes Alexander Grant, Trevor O'Connor, Scott Funston, Luke Reinehr, Paul Price, Ted van Heemst, Matthew Syme, Nico van der Hoven, Jurie Wessels, Jeremy King, and Luigi Matteucci.
Local explorer Dakota Minerals has tapped investors for a $12.3 million capital raising to fund development of its Lynas Find lithium project in the Pilbara.
Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.
Victoria Park-based Oroya Mining has decided to vend three gold projects into new company Mammoth Resources, which plans to list on the local stockmarket.
Perth-based Oroya Mining intends to raise over $1 million through a renounceable rights issue to continue it's exploration projects around the country.
ABOUT 74 kilometres east of Payne's Find its not the wildflowers that are the major attraction, with junior gold explorer Oroya Mining expecting a second resource upgrade this month for its Mount Gibson gold project.