Gold sector players Evolution Mining and Ampella Mining have revealed additional cost-cutting initiatives to deal with the impact of low spot prices for the precious metal.
Perseus Mining shares have tanked in early trade after the miner said late yesterday that production from its Ghanaian gold operations would come in below its forecasts.
Leighton Holdings and Perseus Mining were among the losers from the latest rebalancing of Australian stock market indices, while Automotive Holdings Group and nickel explorer Sirius Resources were
In the first of a quarterly series on executive remuneration, we find that listed companies of all sizes have started cutting chief executive salaries but are still designing packages that offer plenty of upside.
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.
Subiaco-based gold explorer Perseus Mining has announced the appointment of Jeff Quartermaine as its new managing director and chief executive officer.
Perseus Mining's underwriters have exercised an over-allotment option, taking the ASX and Toronto-listed gold miner's capital raising completed earlier this month to its targeted $C93 million ($89
ASX and Toronto-listed gold miner Perseus Mining has raised $C81.2 ($77.7 million) from its share offering launched last month, more than $10 million short of its $C93.4 million ($90 million) maxim
ASX and Toronto-listed gold miner Perseus Mining has launched a share offering to raise up to C$93.4 million ($90 million), which it said would fund the development of its projects in West Africa.
Perth-based gold producer, Perseus Mining, has forecast a pre-tax gold earnings to around US$180 million within 12 months and rising much higher again in the following two years.
Perseus Mining has confirmed plans it will raise up to $75 million in new capital with nearly half to be placed with institutions in North America and Britain.
Perseus Mining plans to raise over $8 million through a share placement to fast track the completion of the feasibility study at its Ayanfuri gold project in Ghana and for working capital.
Further studies into processing methods at Perseus Mining's Ayanfuri gold project in Ghana has reduced capital costs by 23 per cent to $192 million with project payback to take about one year.
Balcatta-based mineral explorer Perseus Mining Ltd has completed a $3.5 million capital raising to fundraise for feasibility studies on the company's Ghanaian and Cote d'Ivoire gold tenements.
Shares in Balcatta-based mineral explorer Perseus Mining Ltd closed up 5.7 per cent today following the announcement of plans to raise $6.5 million via a placement to advance gold exploration projects in West Africa and Central Asia.
Western Australian-headquartered gold explorer Perseus Mining Ltd has been granted an option to acquire the Ayanfuri gold mine in the Ashanti Gold Belt, in Ghana.
