Perth-based minerals explorer Surefire Resources has appointed as managing director a highly experienced resources executive with a 30-year career in exploration and mining. Paul Burton is a geologist with an MSc in Mineral Exploration from McGill University, Canada and was recently the MD of Tivan, formerly TNG. His experience in vanadium will be welcome at Surefire which has massive vanadium resources in WA.
Auroch Minerals is tapping into the resurgence of nickel activity in Western Australia, striking a deal to acquire Minotaur Exploration's Saints and Leinster projects near Kalgoorlie.
There's a flipside to being undervalued, according to Minotaur Exploration managing director Andrew Woskett, whose business has a $21 million market cap.
Minotaur Exploration has announced an agreed takeover offer for Perth-based Breakaway Resources and the establishment of two new joint ventures to fund exploration of Breakaway's tenements.