The majority shareholder of suspended explorer Leo Lithium is angling to oust the company's boss and directors over a payment dispute ahead of Leo's delisting this month.
Leo Lithium shares traded 50 per cent lower today after the company emerged from a trading suspension with clarification on issues at its lithium project in Mali.
Our weekly appointments wrap includes Paul Larsen, Stephen Daly, Jodie Perram, Leigh Dyson, Scott Lowe, Bianca Sandri, Felicity Gooding, Shelley Cable and Michael Keenan.
Our weekly appointments wrap includes Tom Plant, Patrick Gorman, Brendan Bate, Brett Woods, Alan Stuart-Grant, Brett Darley, David Banks and Sarina Claassens.
Firefinch's ailing Morila goldmine in Mali is tipped to fall into insolvency, with the company unable to raise capital to revive the operation or find a suitable buyer.
Firefinch says it is evaluating alternative funding options after pulling the pin on a planned capital raising, pointing to a weaker gold price and Australian-US dollar exchange rates.
Our board moves wrap includes Ashley Zumwalt-Forbes, Nicholas Poll, Robert Mosig, Teow Kim Chng, Peter Christie, Scott Lowe, Andrew Taplin, Matthew Keane, Kathleen Bozanic, Alex Cheeseman, Adrian Griffin, Stephen van der Sluys, Nic Matich, and Ben Grguric.
Firefinch chair Alistair Cowden has resigned from the ASX-listed gold miner, marking the fourth board-level exit from the company in just over two weeks.
Our board moves wrap includes Phillip Gallagher, Jean-Sebastien Boutet, Alistair Cowden, Brett Fraser, Mike Sutton, David Greig, Russell Scrimshaw, Tony Pearson, and Bardin Davis.
Firefinch says a review into its Mali operations is underway after withdrawing production guidance entirely citing sanctions in West Africa and swelling cost pressures.
Our board moves wrap includes Matthew McCann, John Hannaford, Michael Anderson, Andrew Taplin, Alistair Cowden, Glenn Corrie, Geoff Ward, and Robert Ryan.
Firefinch managing director Michael Anderson has stepped down from his role with the Mali-focused gold miner with an update on the company's performance and production guidance pending.
Our board moves wrap includes Francisco Bellon, Trevor Benson, Alex Passmore, Fiona Kalaf, Amanda Boyce, Ben Crossing, Liz Wall, Naomi Scott, Adam Ritchie, Jessamyn Lyons, and Valerie Hodgins.
A correction in the lithium market turned into a rout today, with Pilbara Minerals and Liontown Resources leading the fall after two bearish research reports.
Our board moves wrap includes Liz Wall, Naomi Scott, Brendan Borg, David Wheeler, Joe Graziano, Alan Lockett, Jonathan Lea, Michael van Uffelen, John Kay, Isaac Ng, and Stuart Usher.
Firefinch is set to pocket $100 million from institutional investors to advance the Morila gold and recently revised Goulamina lithium project in Mali.
A revised study for Firefinch's West African lithium development has more than doubled the project's value and boosted forecasted mine production from 2.3 million tonnes to 4 million tonnes per annum.
West Perth-based Firefinch is looking to raise more capital to develop its Mali gold and lithium projects in the company's second round of fundraising activity this calendar year.
Goldminer Firefinch is raising $47 million to finance a ramp-up in production at its Morila site in Mali while preparing to list its lithium business on the ASX.
Our board moves wrap includes Michael Anderson, Alistair Cowden, Hugh Callaghan, Don Carroll, Grant Button, Frank Cannavo, Kate Sainty, Steven Wood, and Phil Giglia.
Subiaco-based Mali Lithium has announced a major capital raising that exceeds its prevailing market value, with the proceeds to fund the acquisition of the Morila goldmine in Africa.
Subiaco-based Mali Lithium is set to become a gold producer after announcing it will buy out Barrick Gold and AngloGold Ashanti's stake in a West African mine.
Steve Carolan, founder and non-executive director of CV Check, will be stepping down from the company at the end of May, in an effort to reduce costs and size of the board during t
Australis Oil & Gas is taking action to preserve cash reserves through a number of cost-reduction measures as it deals with the current low oil price and impacts of COVID-19.
WA-based GR Engineering Services and Lycopodium have been selected for definitive feasibility studies at a uranium project and lithium project, respectively.
This week's board moves wrap includes Chris Evans, James Brown, Bradley Boyle, Neil Hackett, Peter Spitalny, Mike Young, Tomer Segev, Eran Gilboa, Justin Walawski, Wen Qian, Jason Livingstone, Robert Klug, Paul Kitto, Paul Burton and Mark Strizek.
Subiaco-based Birimian has announced plans to raise $8.2 million for its Goulamina project in Mali, while the lithium aspirant also flagged a business review and two separate agreements with Chinese companies.
Birimian has announced the resignations of Greg Walker as chief executive and executive director, James McKay as chair, and Gillian Swaby as executive director.
