Gina Rinehart's Hancock Prospecting has backed Catalyst Metal's $22 million placement to accelerate exploration activities in the Plutonic-Marymia gold belt, subject to an acquisition.
Gina Rinehart-backed Catalyst Metals has inked a $C55 million merger with Toronto-based Superior Gold, just a month after securing control of Vango Mining.
A Cottesloe-based contractor is taking legal action against a subsidiary of goldminer Superior Gold chasing payment for $1.9 million worth of haulage and loading work it claims to be owed.
Perth-based Catalyst Metals announced it has agreed on $66 million for its off-market scrip takeover bid of Sydney-headquartered gold explorer Vango Mining.
Meeka Metals has expanded the mineral resource at its Murchison gold project in outback WA to 1.2m ounces on the back of a 12 per cent increase to its Turnberry deposit in the historic gold-bearing region. The company is putting the finishing touches on a prefeasibility study with an eye to join several players mining in the region.
Zenith Energy will increase the capacity of a power station at one of Toronto-based Superior Gold's operations in Western Australia after receiving a 52-month contract extension.
SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.
