News Articles for Metals X

Ashok Parekh-chaired Horizon Minerals has announced the departure of Jon Price from its board.

Shares in South Perth-based Metals X rose by 6 per cent on Tuesday, following news that the company recorded a net profit after tax of $14.59 million for its 2023 full-year.

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.

Our board moves wrap includes Gabriel Chiappini, John Kolenda, Peggy Liao, James Doyle, Stephen Promnitz, and Jack Rosagro.

Our board moves wrap includes Errol Turner, Cass O'Connor, Simon Tolhurst, Ashish Katta, Badri Gosavi, and James Doyle.

Shares in MetalsX spin out NiCo Resources were up 80 per cent on its ASX listing today, after the nickel company's IPO raised more than $12 million.

Belmont-based GR Engineering Services has secured further work on a large tin operation in Tasmania, under a contract worth nearly $24 million.

Our board moves wrap includes Shane Wee, Cameron McLean, Joel Ives, Shannon Coates, Leigh Travers, Caroline Keats, and Michael Spreadborough.

Metals X has agreed to the sale and spinout of its entire nickel portfolio, in line with the company's plans to focus on the development of its tin assets.

WA focused nickel explorer St George Mining continues to intercept nickel sulphides beneath the high-grade deposits at the Mt Alexander project in the Goldfields. Step-out drilling from a recent discovery hole has commenced with the company now well-funded for future works via an oversubscribed $7 million capital raise. A maiden drilling campaign at the Paterson project is also due to begin in May.

Subiaco-based Cyprium Metals is set to acquire copper assets in WA from Metals X while announcing a $90 million capital raising to help fund the purchase.

Today's board moves wrap includes Belinda Cleminson, Tino Kapfumo, Michael van Uffelen, Barry Patterson, Joel Ives, Brett Tucker, Michael Rosenstreich, Justyn Stedwell, XiaoPing Yang, Narinder Singh, Sung Oh Lee, Rose Haddon, Rishi Singh, Carol Marinkovich, Shannon Coates, Fiona van Maanen, Damian Black, Graeme Johnston, David Crook, Shannon Green, Sufian Ahmad, Matthew O'Kane, and Jamie Myers.

Our board moves wrap includes Peter Gunzburg, Grahame White, Brett Smith, Brett Lambert, Anthony Polglase, Patrick O'Connor, Boyke Abidin, Kamen Palatov, and John Forwood.

Metals X is planning to sell its entire copper assets portfolio, including its Nifty operation in Western Australia, following issues with a major shareholder.

Metals X has signed a $32 million farm-in and joint venture agreement with IGO, which will explore the company's copper operations in the Paterson province, while also announcing the potential restart of its Nifty operations.

Our daily board moves wrap includes Daniel Prior, Andrew Wilson, Michael Spreadborough, Damien Marantelli, Yugi Gouw, Hemant Amin, Byron Pirola, David Morton, Ray Lee, and Shannon Robinson.

Metals X has announced the resignation of YiMin Zhang as non-executive director and a representative of Jinchuan.

Our board moves wrap includes Alison Quinn, John Robinson, Ian Chang, Kevin Li, Piers Lewis, Luke Hall, Josh Puckridge, Loren King, Patrick O'Connor, Simon Heggen, Damien Marantelli, YiMin Zhang, Brett Smith, Ian Goldberg, Tamara Lissovski, Scott Mison, Dane Etheridge, and Ronnie Duncan.

Metals X has announced a sweeping board restructure after last week's closure of the Nifty copper mine, with three directors resigning and APAC Resources nominee Brett Smith joining, just two months after he was rejected by the incumbent board.

Four hundred Metals X employees and contractors have lost their jobs after the company halted operations at its Nifty Copper mine today, one day after another Pilbara miner Millennium Minerals entered into voluntary administration.

Our daily board moves wrap includes Grant Anderson, Andrew Bloore, Nicholas Earner, Benjamin Jarvis, Sam Jarvis, Lynne Saint, Mark Ashley, Charles Thomas, Peter Newton, Simon Heggen, Brett Lambert, Patrick O'Connor, Anthony Polglase, David Buckingham, and John Mair.

Copper and tin miner Metals X is set to reject a motion by its largest shareholder, APAC Resources, to appoint a representative to its board.

Copper and tin producer Metals X has launched a $32.7 million capital raising to turn around its struggling Nifty copper operation, less than three weeks after it refreshed its board at the behest of its largest shareholder.

Gold Road Resources and Silver Lake Resources will join the S&P/ASX 200 index, while Seven West Media was among the losers in the indices reshuffle, as the quarterly rebalance of the S&P/ASX indices was announced today.

Our daily board moves wrap includes Mark Hancock, Kenneth Keogh, Michael Rennie, Geoffrey Morgan, Milan Jerkovic, Emmanuel Correia, Charis Law, David Riekie, Steve Formica, and Sara Kelly.

Millennium Minerals has appointed Warren Hallam as managing director, marking Mr Hallam's return as the leader of a junior miner since his short-lived stint at Capricorn Metals ended abruptly in March.

Milan Jerkovic has resigned as non-executive chairman of Geopacific Resources after five years in the role, and he will be replaced by Ian Clyne.

Metals X is planning to spend $163 million to sharpen up the performance of the Nifty copper mine, nearly three years after it bought the Pilbara operation from Indian business Aditya Birla Minerals.

Warren Hallam has been tapped as the new managing director of Capricorn Metals, as the company ramps-up the development of its flagship Karlawinda gold project.

Metals X has announced encouraging production results at its Nifty copper mine in the Pilbara.

Poorly performing copper miner Metals X has appointed Damien Marantelli as its new managing director, with incumbent Warren Hallam and chief operating officer Allan King leaving the company.

Jim McDowell has resigned as non-executive director of Austal. Mr McDowell has accepted an appointment to become chief executive of the Premier and Cabinet in South Australia.

Perth-based Metals X has raised $50 million via an institutional placement, with the proceeds set to be spent at the company's Nifty copper project in the Pilbara.

Demand for office space in West Perth has fluctuated widely with commodity prices and the mining sector's fortunes but the suburb is now attracting interest from diverse industry sectors.

Auris Minerals chairman Bronwyn Barnes and independent director Susan Vearncombe have been voted off the company's board, after a group of dissident shareholders gained enough support to pass a number of resolutions at a special meeting today.

Auris Minerals chairman Bronwyn Barnes has disclosed that some of the people seeking to oust her had been negotiating a farm-in proposal last year without the knowledge of the company's board.

Speculative fit-outs have emerged as a drawcard for boosting leasing activity in the CBD.

A new feature on the Business News web site that tracks the changing wealth of Western Australia's company directors shows Tony Lennon and Peter Cook are among the winners over the past month while Kerry Stokes and Andrew Forrest have gone down.

Junior miner Tanami Gold has entered into an agreement for the sale of its Western Tanami gold project in the Northern Territory to Northern Star Resources for $4 million in cash.

SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state's emerging miners wrapped-up a busy 12 months.