News Articles for RFC Ambrian

Lykos Metals' shares have risen 60 per cent on the company's first day of trading, while fellow Western Australian explorer Nimy Resources is seeking to list next month.

Uranium explorer Deep Yellow and Rare earths hopeful Pensana Metals have raised $9 million and $5 million, respectively, as the two companies seek to advance their projects in Africa.

Gina Rinehart-led Hancock Prospecting has proposed a $390 million takeover offer for Atlas Iron, less than a week after purchasing a 19.9 per cent stake in the junior miner.

Gold hopeful Cardinal Resources has rattled the tin for $21.7 million to fund ongoing work at its Namdini project in Ghana.

Perth-based explorer Burey Gold has tapped investors for an $11.6 million placement to fund ongoing development of its Giro project in Africa.

Mineral sands miner Base Resources is pushing on with its takeover bid for World Titanium Resources, despite the target declaring yesterday the bid is not capable of succeeding.

Perth-based Mineral sands miner Base Resources has launched a scrip takeover offer for ASX-listed World Titanium Resources, which owns the Toliara Sands project in Madagascar, after securing extra funds for its Kwale project.

Peninsula Energy has secured $69.4 million in fully underwritten institutional funding for its Lance projects in Wyoming, enabling the company to transition to a uranium producer in 2015.

Tangiers Petroleum has completed its second capital raising for the month after receiving "strong, unsolicited demand" from major investors.

Oil and gas explorer Oilex has raised $6.8 million to fund development and drilling at its Cambay oilfield in India's Cambay Basin.

Anatolia Energy has kicked off a $6.2 million capital raising plan to fund development works at its Temrezli uranium project in Turkey.