News Articles for Firefly Resources

Ramelius Resources has gained Gold Road Resources' stake in Apollo Consolidated, as it moves to complete a $180 million takeover of the explorer.

Westgold Resources has sought to withdraw its $120 million takeover proposal for Gascoyne Resources after a conflicting merger was approved by the Supreme Court of WA.

Westgold Resources' proposed takeover of fellow goldminer Gascoyne Resources cannot proceed after the Supreme Court of WA approved a conflicting merger deal with Firefly Resources.

A bidder's statement has been sent to the shareholders of Gascoyne Resources, who will consider a $120 million takeover proposal while a conflicting merger deal heads to court next week.

Westgold Resources has improved its all-scrip offer for fellow Western Australian goldminer Gascoyne Resources, following a rejected application to the Takeovers Panel.

The Takeovers Panel has rejected an application submitted by Westgold Resources in relation to its hostile takeover offer for fellow Western Australian goldminer Gascoyne Resources.

Westgold Resources has submitted its bidder's statement for Gascoyne Resources following a week of contention related to the multi-million-dollar takeover.

The bidder for goldminer Gascoyne Resources has sought orders from the Takeovers Panel to address matters related to a conflicting merger with Firefly Resources.

The Gascoyne Resources board has urged shareholders to reject a $110 million takeover offer from Westgold Resources, labelling the deal as “inadequate”.

Westgold Resources is preparing to lodge its takeover bid for fellow goldminer Gascoyne Resources, following “positive engagement” with the target's shareholders.

Gascoyne Resources' shares rose nearly 20 per cent today, after the goldminer received an off-market takeover proposal from Westgold Resources.

Gascoyne Resources is set to extend the life of its Dalgaranga operations near Mt Magnet through an all-scrip purchase of Firefly Resources, whose assets include a nearby gold project.

Gold sector listings are pumping millions of dollars into WA's mining industry.

Our board moves wrap includes Steven Wood and Keith Bowes.

Our board moves wrap includes Christine O'Reilly, Simon Storm, Wyatt Buck, Ashley Pattison, John Hutton, Rodney Johns, Matthew Syme, Levi Mochkin, Robert Behets, Mark Pearce, David Cruse, Joseph van den Elsen, Emma Poposka, Liz Hough, Tony Leibowitz, Neil Biddle, Gregory Bittar, and Michael Bowen.

Our board moves wrap includes Peter Leonhardt, William Foster, Michael Edwards, John Hutton, and Brian Thomas.

Our daily board moves wrap includes Kevin Matthews, Bruce McQuitty, Michael Edwards, Peter Gammell, Jeff Kennett, and Luke Martino.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Liontown Resources, Genesis Minerals, Peak Resources, and Marindi Metals have all made capital raising announcements today as they seek to advance exploration projects.

A summary of last week's smaller deals that did not get included in our normal coverage of the daily news.

Piedmont Lithium has raised $21 million via a share placement to complete the definitive feasibility study for its namesake project, while Marindi Metals has tapped investors for $2.5 million, and Koppar Resources for $1.1 million.

Norwood Systems has closed its partially underwritten one-for-four entitlement offer, raising $1 million. Valid applications were made for $289,786 of shares, at 0.3 cents a share.

VRX Silica is pleased to announce the Company has completed an agreement with Silatec Pty Ltd for the acquisition of the Boyatup Silica Sand Project located on E69/3560 which has a total area of 10

IMF Bentham announces it is conducting a fully underwritten institutional placement to raise $74.48 million.

Helix Resources is pleased to announce the completion of a placement to raise $0.9m via the issue of 30,000,000 at the last market close price of 3 cents.

Marindi Metals has agreed to sell its Bellary Dome conglomerate gold project in the Pilbara to Canada-listed Pacton Gold in a cash-and-scrip deal worth up to $11 million.

Innovative shareholder registry management company, Advanced Share Registry is pleased to announce it has signed a binding agreement with Private Company Platform Pty Ltd to acquire a 51% sharehold

Marindi Metals has signed a memorandum of understanding entitling a government-owned Japanese group to earn a 70 per cent stake in the company's Caranbirini zinc project in the Northern Territory.

Westgold Resources Limited (ASX:WGX) (Westgold) is pleased to advise that its wholly owned subsidiary, HBJ Minerals Pty Ltd (HBJ) has signed mining tribute agreement over Cannon Mine area.

Cedar Woods has appointed Patrick Archer as chief operating officer.

Marindi Metals has conceded defeat in its Supreme Court fight against Kidman Resources over rights to the Mt Holland lithium operation, and has accepted a small settlement payout from Rox Resources over a separate matter.

The world's largest lithium producer will make a $A150 million investment in Kidman Resources' Mt Holland project near Southern Cross, and plans to build a new refinery in the region.

Kidman Resources has successfully fended off Marindi Metals' claims of rights to the Mt Holland lithium project near Southern Cross, after a Supreme Court verdict was handed down last week.

A battle for control of the Earl Grey lithium deposit near Southern Cross between junior miners Kidman Resources and Marindi Metals will get under way in the Supreme Court today, with the trial expected to conclude within three to five days.

Rox Resources and Marindi Metals will head to trial to resolve a dispute over the Reward zinc joint venture in the Northern Territory.

Local lithium players have hit the ground running in January, with Galaxy Resources shipping its first lithium since operations restarted at its Mt Cattlin mine, and others announcing more than $110 million of new deals.

Lithium exploration at Forrestania, north of Ravensthorpe, will be a priority for Marindi Metals after the company completed a capital raising worth nearly $3.2 million.

Poseidon Nickel has landed an agreement for Kidman Resources to use its mothballed Lake Johnston infrastructure to process lithium ore from the Melbourne-based company's Mt Holland mine, in a deal potentially worth at least $18.5 million.

Rox Resources has locked horns with Marindi Metals over a failed bid to acquire its stake in the Reward zinc project, a day after Marindi started legal action against Kidman Resources over another deal which Kidman says doesn't exist.

Rox Resources' joint venture partner Teck Australia has matched a competing bid for the company's stake in the Reward zinc-lead project in the Northern Territory for up to $20.6 million.