Sipa Resources managing director Lynda Burnett has announced her resignation, after serving more than five years in the role, and will join the board at Regis Resources as an independent non-executive director.
Paladin Energy has announced plans to move to full ownership of fellow Perth-based uranium company Summit Resources, in a scrip deal worth around $7.8 million.
Perth-based mineral sands producer Iluka Resources has created a new senior executive role to focus on two growth opportunities involving new technology in the UK and Brazil.
A fourth consecutive month of growth in the market capitalisation of Western Australia's top 100 listed companies is a sign of renewed business confidence within the WA economy, according to market analysts.
Subiaco-based Summit Resources is planning an $8 million rights issue to fund commitments under its Isa uranium joint venture with Paladin Energy and to settle a legal action with Areva.
Subiaco-based Summit Resources will pay French nuclear company Areva $4.5 million to settle legal action over the uranium marketing rights to the Valhalla/Skal deposit in Mt Isa.
Subiaco-based Summit Resources Ltd has entered into a joint venture with MM Mining Pty Ltd to explore certain areas within Summit's Isa North tenements in Queensland.
SUBIACO-based Summit Resources Ltd plans to raise over $10 million through a rights issue which will be fully sub-underwritten by its two largest shareholders, Paladin Energy Ltd and Areva NC Australi
SUBIACO-based Summit Resources Ltd plans to raise over $10 million through a rights issue which will be fully sub-underwritten by its two largest shareholders, Paladin Energy Ltd and Areva NC Australi
Subiaco-based Summit Resources Ltd plans to raise over $10 million through a rights issue which will be fully sub-underwritten by its two largest shareholders, Paladin Energy Ltd and Areva NC Australia Pty Ltd.
Subiaco-based Summit Resources Ltd has entered into an agreement with unlisted UK company MM Mining Plc for the farm out of 80 per cent of Summit's interest in a number of tenements in North-West Queensland.
The Australian subsidiary of French nuclear giant Areva NC will seek to intervene in legal action brought by Summit Resources Ltd against Subiaco-based Paladin Resources Ltd, which the companies announced they would drop on Friday.
The almost-completed takeover of Summit Resources Ltd by Subiaco-based Paladin Resources Ltd was sweetened today by the settlement of legal action between the two companies.
Perth-based uranium company Newland Resources Ltd has rejected allegations by Subiaco-based Summit Resources Ltd that it knowingly breached duties to it by signing a deal with former Summit chair Alan
Perth-based uranium company Newland Resources Ltd has rejected allegations by Subiaco-based Summit Resources Ltd that it knowingly breached duties to it by signing a deal with former Summit chair Alan Eggers.
Subiaco-based Summit Resources Ltd has mounted legal action against its former managing director, Alan Eggers, and Newland Resources Ltd over a joint venture agreement signed between the two companies.
Uncertainty about the future of uranium mining in Queensland and recent hedge fund acquisitions of its shares have convinced Perth-based Summit Resources Ltd to accept a takeover offer from Subiaco-based Paladin Resources Ltd.
Subiaco-based Paladin Resources Ltd has hit back at criticism of its $1 billion hostile offer from target Summit Resources Ltd, saying Summit's reasons for rejecting the bid are flawed.
The ghosts of takeovers past have returned to haunt Subiaco-based Paladin Resources Ltd's takeover bid for Perth-based Summit Resources Ltd, with Paladin today asserting the bid was not motivated by a current legal dispute between the two companies.
West Perth-based Summit Resources Ltd has officially commenced legal action against Resolute Mining Ltd and Valhalla Uranium Ltd over the alleged disclosure of confidential JV information to Valhalla takeover suitor Paladin Resources Ltd.
