News Articles for Taylor Collison

Kin Mining has confirmed it is considering new acquisition and investment options, following the recent sale of gold deposits within its Cardinia gold project, located near Leonora.

Shares in West Perth nickel junior Cannon Resources have shot up after an all-cash $45 million takeover offer from a Toronto-based private equity firm.

The rare earths newcomer is on track to join the local bourse this month after seeking $6 million from investors to firm up the Cowalinya project south-east of Norseman.

Elevate Uranium and Valor Resources have raised funds to advance their uranium projects, while fellow WA companies Saturn Metals and Medallion Metals are continuing their search for gold.

Cooper Metals is having a solid start to its first day of trading, as its search for copper and gold in WA and Queensland continues.

Pearl Gull Iron has had a quiet start to its first day of trading, as it continues to explore its Cockatoo Island tenements off the coast of WA.

GBM Resources is seeking to raise $7.4 million to continue exploring for gold in Queensland's Drummond Basin, while Conico and Corazon also announced capital raisings.

Rox Resources' nickel spinout has had a strong start to its first day of trading, with its share price surging 50 per cent.

Three Perth dealmakers are behind an early-stage iron ore explorer that is seeking to list on the ASX despite ongoing disputes with its neighbour on Cockatoo Island.

Barton Gold has had a slow start to its first day of trading, with its shares down 12 per cent as the explorer gets ready to drill targets in South Australia.

The board of West Perth-based Nusantara Resources has accepted a takeover proposal from a major shareholder that values the gold explorer at about $80 million.

Three Western Australian gold explorers have launched IPOs this past week, with the biggest raising headed by Subiaco-based Barton Gold.

Perth-based Torrens Mining has listed on the stock market after raising $10 million from its IPO, with its share price closing up nearly 50 per cent.

The demerged company of Perth-based Magmatic Resources is seeking to raise $10 million from its initial public offering, which opened today.

Aspiring gold producer Calidus Resources will begin early construction works at its flagship Pilbara project using the proceeds raised from a $25 million share placement.

Bardoc Gold will use $24 million raised from a share placement to advance its namesake project in Western Australia, while Galena Mining, DevEx Resources and Matador Mining have also launched capital raisings.

Torian Resources, Avenira and Element 25 have each launched capital raisings today, with the proceeds to go towards gold and manganese projects in Western Australia.

Rox Resources, Kingston Resources and Core Lithium have received commitments to raise a combined $20.6 million under share placements, with part of the proceeds to go towards the companies' gold and lithium projects.

Junior gold miner Kalamazoo Resources has announced an $8 million placement to billionaire investor Eric Sprott and his Canada-listed company, Novo Resources Corporation.

Junior explorer Ausgold has received commitments to raise $2.4 million through a share placement and up to $1.2 million via a share purchase plan to fast-track exploration at the company's Katanning gold project in Western Australia.

Bardoc Gold has received firm commitments to raise $12 million through a share placement to advance its Kalgoorlie region developments.

Matsa Resources is seeking to raise up to $6 million via a share placement, with a portion of the funds to go towards further development at its Red October gold project.

Liontown Resources, Genesis Minerals, Peak Resources, and Marindi Metals have all made capital raising announcements today as they seek to advance exploration projects.

Liontown Resources has announced a $7.9 million capital raising, with the funds set to go towards project development activities at its Kathleen Valley lithium project, located 60 kilometres north of Leinster.

Copper miner OZ Minerals has launched a $444 million takeover bid for Avanco Resources, sending shares in the Subiaco-based ASX-listed exploration company soaring.

Four local mining hopefuls have raised $13.2 million between them for new projects, with Egan Street Resources and Ardea Resources in the two biggest deals.

Graphite hopeful Kibaran Resources has received firm commitments for a $10.9 million capital raising to fund development work at its Epanko project in Tanzania.

Shares in technology hopeful Oz Brewing jumped 33.3 per cent after it concluded a reverse takeover deal with 3D printing company 333D, which was more than a year in the making.

Quintessential Resources is set to relist on the ASX tomorrow after morphing into technology incubator Yonder and Beyond, but plans by three travel businesses, including George Michalczyk's Motive Travel, to undertake a backdoor listing through Red Gum Resources have fallen through. Click through to also see the BNiQ listing of 26 WA backdoor listings.

Former copper and gold explorer Quintessential Resources has moved another step towards its scrip takeover of technology incubation company Yonder and Beyond with the appointment of Y&B chief executive Shashi Fernando as a non-executive director.

Black Fire Minerals has completed an $810,000 share placement to complete its reverse takeover of mobile game developer Animoca Brands Corporation.