Mincor Resources will bring a halt to its gold operations by September, having last month announced a capital raising to facilitate the restart of its Kambalda nickel project.
Mincor Resources has raised $18 million in a share placement and is seeking to secure an additional $5 million via a share purchase plan to facilitate the restart of its Kambalda nickel operations.
Mincor Resources is moving closer towards a revival of its nickel operations after it acquired the Long mine from Independence Group for up to $9.5 million and announced a capital raising.
ANNIVERSARY SPECIAL: WA's mining industry has undergone a dramatic transformation over the past quarter of a century, with iron ore replacing gold as the state's most valuable commodity.
Panoramic Resources has announced it will reopen its mothballed Savannah nickel project in the east Kimberley, after securing a $40 million loan facility with Macquarie Bank.
Perth-based Mincor Resources has approved the development of its Widgiemooltha gold project, located in the Goldfields, with mining set to commence next month.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
Mincor Resources will ramp-up its exploration activities at its Kambalda nickel project near Kalgoorlie after the company announced a $9 million capital raising.
Company director and business adviser David Humann, whose roles included chairing nickel miner Mincor Resources and contractor Macmahon Holdings and being a member of the global board of accounting firm Price Waterhouse (now PwC), has passed away after a short illness.
Martin Rogers has resigned as executive chair and director of Actinogen Medical. Mr Rogers has been chairman since Actinogen Medical's inception in late 2014.
Mincor Resources is planning to pursue gold mining opportunities on its Kambalda tenements, while continuing to pursue long-term developments at its core nickel projects.
Mincor Resources has reported a half-year net loss of $34.7 million while fellow nickel miner Panoramic Resources has cut its directors' fees and board size to further slash costs.
Panoramic Resources and Mincor Resources have announced plans to put their last operating mines on care and maintenance in response to the depressed nickel market, with Panoramic cutting 50 jobs today with more to follow at both companies.
The long-serving managing director of Mincor Resources, David Moore, has indicated his desire to step down from day-to-day management and move to the position of deputy chairman from March 1, 2016.
Mincor Resources founder and managing director David Moore has announced plans to step down from his role from early next year, but will remain with the company as deputy chairman.
The recently appointed boss of BHP Billiton's Nickel West division has presented a rare positive message for the unloved business, saying there was “nervous excitement” after a series of internal changes.
Shares in West Perth nickel miner Mincor Resources fell today with the announcement of its quarterly results, which reported a $1.51 million operating loss for the quarter and an unaudited $17.68 million profit for the year.
Nickel miner Mincor Resources has made a number of redundancies as it plans to cut back development of its Kambalda operations near Kalgoorlie, in response to the ongoing weakness in nickel prices.
Mid-tier nickel miner Mincor Resources has dipped back into the red with a first-half loss of $1.89 million but says it beat its production and cost guidance, allowing it to declare an interim dividend of 2 cents per share.
Mid-tier nickel miners Western Areas and Mincor Resources have released positive quarterly results on the back of lower costs and improved production, with Mincor also defying the industry trend by saying it would increase its exploration spending.
Cassini Resources, the five cent explorer that quickly graduated to a 25 cent stock in April after acquiring BHP Billiton's West Musgrave nickel-copper project has taken a share price hit in its stride as it seeks to educate the market on its as yet unrealised potential.
Nickel miner Mincor Resources has released its full year results, revealing a net profit after tax of $1.85 million, a turnaround of more than $20 million from the previous financial year.
Just as Western Australia's nickel miners pop champagne corks to celebrate the remarkable 40 per cent rise in the nickel price over the past five months, signs have started to emerge that the party might soon be over
BHP Billiton's divestment of its West Musgrave nickel project to Cassini Resources has had a dramatic and valuable impact on the junior miner's share price.
Nickel miner Mincor Resources has declared a dividend to shareholders despite posting a narrow half-year loss on the back of sustained nickel price weakness.
It's called a supply-side surprise and unless the sometimes erratic government of Indonesia changes its mind by Monday, WA's beleaguered nickel-mining industry could receive a welcome boost.
Nickel miner Mincor says it is well placed to capitalise on a turnaround in the nickel market, even as the miner slumped to a loss of more than $20 million for the 2013 financial year.
