News Articles

Special Reports 16 Oct 2024

Big get bigger in niche funds sector

A superannuation fund followed distantly by two land investors dominates the local landscape.

Bulls N' Bears 02 Jul 2024

Strickland wraps up acquisition of Serbian gold-copper giant

ASX-listed Strickland Metals has tied up the acquisition of its mammoth Rogozna gold and base metal project in Serbia where a resource containing more than 5.4 million ounces of gold equivalent has already been defined. A 60,000m resource expansion and exploration drilling campaign is also well underway, with three rigs smashing out the metres and a fourth to be added shortly.

Bulls N' Bears 11 Jun 2024

Strickland mounts four-rig assault on Serbian copper-gold

Strickland Metals has launched into a new exploration campaign at its 5.44 million-ounce gold equivalent Rogozna project in Serbia, with two rigs kicking off a planned 60,000m of drilling and another two on the way. The infill, extensional and scout probing strategy devised by the company will be the biggest program ever committed to the project.

Bulls N' Bears 17 Apr 2024

Strickland stamps foot on Serbian gold giant

Strickland Metals has entered the lucrative Serbian gold game after acquiring the Rogozna project that already boasts a whopping resource of 5.44 million JORC-compliant ounces of gold equivalent. The company says advanced exploration targets at Rogozna offer near-term growth, with diamond drilling outside of the existing resource going as high as a staggering 352m at 2.1 grams per tonne gold equivalent from 240m.

Mining 07 May 2020

Apollo sells projects for $7m

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.

Bulls N' Bears 11 Feb 2020

Ibaera to mop up final 10 per cent of Azumah shares

After snapping up over 90% of Azumah Resources shares, private equity firm, Ibaera Capital, will mop up the remaining 10% under the compulsory acquisition provisions in the Corporations Act. Ibaera got to just over 90% last week and told shareholders they would still receive their money for their remaining shares after the compulsory acquisition provisions kick in. It seems that the message hit home, with Ibaera making it to over 93% by Monday.

Special Reports 20 Jan 2020

Advisers compete on 733 deals

Azure Capital, Canaccord Genuity and DLA Piper were among the most active advisers on corporate finance deals in 2019.

Mining 12 Dec 2019

Azumah urges shareholders to accept Ibaera offer

Azumah Resources has told its shareholders it will need to conduct a capital raising early next year to fund its share of the Wa gold project, if suitor Ibaera Capital is not able to achieve full ownership.

Deals 28 Oct 2019

Ibaera Capital lifts bid for Azumah

Azumah Resources' firm rejection of Ibaera Capital's initial takeover offer has paid dividends, with the private equity group agreeing to increase its offer for the West Perth-based miner.

Special Reports 07 Oct 2019

Busy quarter for private, public deals

SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.

Deals 20 Sep 2019

Azumah fires back at Ibaera

Azumah Resources has pushed back against Ibaera Capital's hostile takeover bid, stating that the mining equity fund has paid substantially more for its current stake in the gold junior than the price of its takeover offer.

Deals 18 Sep 2019

Ibaera launches hostile $27m offer for Azumah

Ibaera Capital has made a hostile $27.4 million takeover bid for fellow West Perth-based company Azumah Resources, as the fund manager seeks to get both hands on its gold joint venture in West Africa.

Bulls N' Bears 12 Nov 2018

Azumah to plough 40,000m of drilling into Ghana

Azumah Resources has kicked off a massive 40,000m multi-target drilling campaign to be managed and funded by Perth mining investment fund Ibaera Capital. Azumah is seeking to achieve a major boost to its resource and reserve numbers at the interesting looking project as it looks to deliver a feasibility study by the end of the year.

Special Reports 05 Nov 2018

Ibaera filling a funding niche

SPECIAL REPORT: West Perth-based fund Ibaera Capital is hoping to plug a funding gap for metals juniors with big projects.

Bulls N' Bears 23 Jul 2018

New Perth fund to plough $100m into mining investments

Move over RCF and Orion Mine Finance, there's a new kid on the block with $100m to plough into mining investments. Ibaera Capital is applying a new paradigm to its private equity offering, combining the $100m it has available with its top-notch team of geologists to turn undervalued exploration plays into bonafide mines. Its first investment is into ASX listed Azumah Resources' Wa Project in Ghana.