News Articles

Mining 27 Mar 2023

NiCo announces new leadership

New leadership is in store for ASX-listed NiCo Resources after announcing the resignations of founding non-executive chairman Warren Hallam and chief executive Rod Corps.

Bulls N' Bears 12 May 2022

Panther notches up project best nickel-cobalt grades in WA

Mineral explorer Panther Metals says final assay results from drilling at its Coglia project in the Laverton region of WA have returned its best nickel and cobalt grades at the operation to date. The banner results include a 1m intersection going 3.97 per cent nickel from 64m with a 1m copper hit grading 7900 parts per million from the same depth.

Bulls N' Bears 17 Mar 2022

Godolphin bolsters NSW portfolio with two tenements

Godolphin Resources has stretched its NSW ground after picking up a brace of exploration licences from the state government's Department of Mining, Exploration and Geoscience. The company's new tenure spans 160 square kilometres and is prospective for gold amongst other minerals. The pick-up adds to a portfolio of projects based around the revered Lachlan Fold Belt and sits amongst the explorer's existing projects.

Mining 17 Feb 2022

Develop in $30m Heron revival

Bill Beament-led Develop will pay up to $100 million for Heron Resources and the Woodlawn copper-zinc mine in NSW, seven months after the developer went into administration.

Mining 04 Oct 2019

Heron to raise $91m in fight for survival

Copper and zinc producer Heron Resources has launched a $91 million funding package, as it is set to run out of cash this month, following delays in construction and ramp-up at its Woodlawn zinc-copper project in NSW.

Mining 04 Feb 2019

Sedgman claims extra $50m on Heron project

ASX-listed Heron Resources has received a claim from CIMIC Group subsidiary, Sedgman, for $49.9 million in extra costs for works at its flagship Woodlawn zinc-copper project in New South Wales.

Financial Services 16 Jul 2018

Growth in alternative financing

SPECIAL REPORT: Private equity groups and credit funds are delivering a diverse range of financing options for mining projects.

Deals 30 Jun 2017

Heron in $240m funding deals for Woodlawn

Aspiring miner Heron Resources has tapped investors for about $240 million and says it is now fully funded to develop its Woodlawn zinc-copper project in NSW.

Appointments 02 Jun 2017

Board Moves June 2, 2017

Greg Gilbert has resigned as non-executive director of BPH Energy.

Contracts 04 May 2017

Cimic wins $107m Heron contract

Heron Resources has awarded CIMIC Group subsidiary Sedgman a $107 million engineering, procurement and construction contract for a processing facility at its Woodlawn zinc-copper project south of Sydney.

Mining 09 Feb 2017

Ardea slightly lower on ASX debut

Perth-based Ardea Resources has wrapped up its first day of trading on the ASX, after spinning out from Heron Resources and raising $5.2 million from investors.

Deals 01 Feb 2017

Local demerger plans move forward

Minerals explorer TNG has finally lodged a prospectus for the demerger of its base metals portfolio into a spin-out company, while Heron Resources and Force Commodities have both progressed their respective demergers.

Deals 16 Jan 2017

New listings getting tougher

SPECIAL REPORT: Nearly 70 WA-connected companies listed on the ASX in 2016, but current prospects indicate there will be substantially fewer this year.

Deals 10 Aug 2016

Heron to spin-out gold, nickel assets

Heron Resources is the latest company to announce plans to spin-out its non-core assets into a new company, following similar recent movements by Metals X, TNG and Indiana Resources.

Mining 29 Jul 2016

Pundits’ pilgrimage celebrates gold surge

Gold's rising stocks and role in the post-boom recovery will make this year's Diggers & Dealers the most promising for many years.

Mining 07 Oct 2015

Metalicity gets down to business

Perth-based Metalicity has commenced exploration activity and a scoping study at its recently acquired base metals projects, after a 12-month restructuring process that concluded yesterday when it began trading on the ASX.

Appointments 05 Aug 2015

Rox Resources appoints a new non-executive director

Rox Resources Limited has appointed Stephen Dennis as a non-executive director of the company.

Deals 24 Jul 2015

Heron receives up to $20m funding

Heron Resources has announced an equity funding package with London-based private equity fund Greenstone Resources of up to $20 million.

Deals 10 Mar 2015

PLD buys zinc and nickel assets, secures $10m

Perth-based PLD Corporation will proceed with acquiring three zinc and nickel projects, including collapsed miner Kagara's Admiral Bay zinc project, now that it has secured about $10 million from two mining finance managers, including Resource Capital Funds.

Mining 12 Dec 2014

Heron, Sprott seal ceasefire

Just weeks after Canadian shareholders challenged its current board, shares in Heron Resources were driven up 13 per cent on news that a peace deal had been arranged.

Mining 08 Apr 2014

Heron considers smaller nickel project

Heron Resources says it can dramatically reduce capital costs at its Kalgoorlie nickel project by pursuing a smaller-scale plant option, describing the results of a scoping study as a step-change improvement in the economics of the project.

Deals 10 Mar 2014

Heron Resources to merge with TriAusMin

Junior explorer Heron Resources has announced a $15 million plan to merge with NSW-based exploration firm TriAusMin.

Video 25 Jul 2013

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Mining 25 Jul 2013

Heron signs Simulus for nickel test work

Heron Resources has signed an agreement with Kewdale engineering group Simulus to use its unique metallurgical testing processes, with a view of making the Kalgoorlie nickel project more economical

Special Reports 30 Nov 2011

Pay packets at top end of town continue to bulge as the good times flow for WA

Executive remuneration is a hot political issue but the controversy does not seem to have slowed growth in pay packets at WA companies.

Financial Services 21 Nov 2011

Heat on Heron over executive pay

Heron Resources has become the fourth prominent Western Australian company to draw the ire of its shareholders with regard to its remuneration report.

05 Mar 2010

Heron sells gold assets for $400k

West Perth-based Heron Resources will sell its Kalgoorlie gold assets to Metaliko Resources for $400,000 cash and a stake in the company when Metaliko lists on the local bourse.

Financial Services 18 Jan 2010

Heron nets $38m from MinRes sale

Heron Resources has netted nearly $38 million from the sale of its stake in Mineral Resources, which recently acquired Polaris Metals.

Financial Services 05 Oct 2009

Chinese firm injects $2.7m into Heron

Heron Resources says the first tranche of a project joint venture deal with Ningbo Shanshan has been completed, with the Chinese entity injecting $2.7 million into the West Perth-based explorer.

Financial Services 21 May 2009

Vale exits $2bn nickel JV with Heron

Heron Resources has suffered a blow with Brazilian mining giant Vale withdrawing from the $2 billion Kalgoorlie nickel joint venture, leaving the West Perth-based company looking for a new partner.

Financial Services 12 Sep 2008

Heron nickel project to cost $1.2bn

A scoping study into Perth-based Heron Resources Ltd's Yerilla operation, which includes the Jump-up Dam project, has estimated a capital cost of $1.2 billion with a payback period of six-and-a-half years.

Mining 25 Jan 2008

Heron forced to revise Jump-up Dam project

Nickel hopeful Heron Resources Ltd has placed its Jump-Up Dam heap leach operation on care and maintenance, after results of a pre-feasibility study concluded the process did not make an adequate return on investment on the back of rising costs.

Mining 14 Dec 2007

Heron sues Russia's Norilsk over tenement access

Nickel explorer Heron Resources Ltd has launched legal proceedings against Russian giant Norilsk Nickel in the Western Australian Supreme Court in a bid to gain access to the Bulong tenements near Kalgoorlie.

Government 23 Nov 2007

Heron, CVRD approve $13.8m prefeasibility study budget

West Perth-based Heron Resources Ltd and Brazilian giant CVRD Inco have approved a budget of $13.8 million for the first half of the prefeasibility study into the Kalgoorlie nickel project.

Energy 20 Nov 2007

CVRD, BHPB up stake in Heron

GLOBAL miners, CVRD-Inco Ltd and BHP Billiton Ltd, continued to shower their attentions on resources junior Heron Resources Ltd, increasing their stakes in the West Perth company during the past week.

Financial Services 20 Nov 2007

Heron keeps foot in two camps with CVRD placement

West Perth-based Heron Resources Ltd will raise $17.2 million through the placement of 15 million shares to CVRD Inco Ltd, just days after raising the same amount in a two-tranche placement of the same number of shares to BHP Billiton.

Financial Services 16 Nov 2007

Heron raises $17.2m in BHP placement

One week after Brazilian mining giant CVRD Inco agreed to fund further studies on Heron Resources' Kalgoorlie nickel project, Heron has done a deal with Australian mining giant BHP Billiton to raise extra capital for a second nickel project.

Government 07 Nov 2007

Heron's Kalgoorlie Nickel to third step with CVRD

CVRD-Inco will proceed to step three of the Kalgoorlie Nickel Project, its joint venture with West Perth-based Heron Resources Ltd, and will pass on a draft program and budget for the works by Saturday.

Financial Services 09 Oct 2007

Heron approves $5.5m leaching project

West Perth-based Heron Resources Ltd has approved the commencement of trial mining and construction of the Demonstration Leaching Project on its Jump-up Dam Heap Leach Nickel Project, expected to cost $5.5 million.

Financial Services 02 Oct 2007

CVRD-Inco completes 2nd stage of Kalgoorlie Nickel evaluation

CVRD-Inco has completed the second stage of evaluation of the Kalgoorlie Nickel Project, managed in a joint venture with Heron Resources Ltd, the West Perth-based company has announced.

News Articles for Heron Resources

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