Duncan Coutts has been appointed as the chief operating officer of Ramelius Resources. Mr Coutts is a mining engineer with experience in both open pit and underground mining in Western Australia.
Perth gold company Resolute Mining says the combination of lower gold prices and higher costs were behind a 60 per cent drop in full-year profit, to $33 million..
FEATURE: An investment in each of the 10 largest capital raisings by companies in Western Australia during 2013 would be 14 per cent underwater at current prices, according to research conducted by Business News.
Perth gold company Resolute Mining has announced a new 1.28 million ounce gold resource for its Buck Reef West deposit near the Ravenswood processing facility in Queensland.
Parent company Resolute Mining intends to officially purchase Noble Mineral Resources' Bibiani project and sell off its remaining assets with a proposed deed of company arrangement.
Noble Mineral Resources has been placed into voluntary administration a day after announcing it was looking to restructure its Ghanaian subsidiaries' debt to secure additional funding, after it fai
Resolute Mining has frozen the pay of its senior management and taken a $70 million hit as weakness in international gold markets continues to hurt miners of the precious metal.
West African gold miner Noble Mineral Resources has halted surface mining operations at its Bibiani project in Ghana, as it evaluates funding options for an underground development.
SOUTH Africa's RMB Resources is not a new player in the Australian market, but it's the kind of financier that is likely to become more prominent as local companies seek alternative funding solutio
Fresh from announcing plans to develop the Iron Valley mine in the Pilbara, Mineral Resources has become the eleventh Western Australian company in the S&P/ASX 100 Index.
Noble Mineral Resources has been forced to accept an $85 million financing offer from Resolute Mining after its preferred proposal from Chinese group Zhongrun Mining Investment fell short of gainin
Resolute Mining has sweetened its $85 million financing proposal for Noble Mineral Resources for a second time, after Noble said it continued to prefer to enter a similar funding deal with Chinese
Resolute Mining has sweetened its $85 million financing offer to Noble Mineral Resources, adding on an unsecured $US15 million debt facility to cater for Noble's short-term requirements.
Noble Minerals Resources has labelled an unsolicited offer from Resolute Mining as inferior, uncertain and unequitable and held firm on its preference for Chinese investment.
Gold miner Resolute Mining has acquired a 20 per cent stake in Noble Mineral Resources, while at the same time making an $85 million financing proposal designed to trump a similar offer from China'
Four years on from the collapse of Lehman Bros, it is disturbing to realise the finance sector has reverted to tight credit conditions akin to the GFC.
Shares in South Perth-based Noble Mineral Resources have surged more than 37 per cent on news Chinese group Zhongrun is to invest $87.7 million and take a 42 per cent stake in the company.
The value of Western Australian listed companies dipped by $18.7 billion over the month of May, mirroring the downward pressures on global financial markets, new research says.
Noble Mineral Resources has completed a $10 million share placement to fund the final commissioning of the processing plant at its Bibiani gold project in Ghana.
Noble Mineral Resources has successfully raised $34.1 million needed to refurbish its three-million tonne per year plant at the Bibiani gold project in Ghana.
Territory Resources has reached an agreement with Noble Resources Limited for a 12-month extension to the loan facilities provided by Noble to the Company.
Mineral exploration company Noble Mineral Resources Ltd plans to raise at least $2 million to fund existing projects and raise working capital through an initial public offering.
