News Articles for Allan Kelly

Shareholders of Calidus and Miramar Resources experienced different emotions on Thursday following market updates from both companies.

Miramar Resources has identified several big uranium targets at its flagship Bangemall project, located in Western Australia's Gascoyne region.

Miramar Resources has confirmed it will expand its Bangemall project.

Aspiring goldminer Miramar Resources has made a strong ASX debut with its share price doubling ahead of plans to begin exploration in WA.

The high gold price and strength of the market has made it easier for junior goldminers to raise capital and launch IPOs.

Our daily board moves wrap includes Gary Powell, Allan Kelly, Bryan Dixon, Milan Jerkovic, Richard Boffey, Guy Simpson, Flemming Bjoernslev, Toby Chandler, Philippa Leggat, Anthony Cooper, David Deak, Craig Hall, Michael Fotios, Michael Spreadborough, Greg Foulis, Alan Still, Alex Passmore, John Richards, and Paul Dalgleish.

Our daily board moves wrap includes Alexander Grant, Michael Nitsche, Eddie King, Arturo Weschler, Deborah Ambrosini, Andrew Mooney, Nathan Young, Andrew Johnstone, Eduard Eshuys, Allan Kelly, Roderick Webster, and Kevin Hart.

Local explorer Riversgold has begun trading on the ASX after raising $6.1 million from investors by way of an initial public offer.

A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.

Doray Minerals chief operating officer Peter Bamford has become the latest senior departure from the firm, following the recent exit of its CEO and chairman.

Alloy Resources has appointed Allan Kelly as non-executive director following the resignation of Andre Marschke from the board.

Former BHP Billiton executive Julius Matthys has been appointed chairman of gold miner Doray Minerals, replacing Peter Lester who retired last month to focus on his other business interests.

Doray Minerals has found a permanent replacement for its recently departed managing director Allan Kelly, appointing Leigh Junk to the role with a larger base salary than his predecessor.

Doray Minerals chairman Peter Lester has told the company he will retire on Monday to focus on his other business interests, less than two months after founding managing director Allan Kelly resigned.

Coventry Group has appointed its former chief financial officer Robert Bulluss as company secretary following the resignation of Chris Lloyd.

The founding managing director of Doray Minerals has announced his resignation after nearly eight years in the role, citing personal reasons for his departure, with non-executive director Leigh Junk to fill the role until a full-time candidate is found.

Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.

Shares in Doray Minerals were down 5.5 per cent as the gold miner released production guidance for the 2017 financial year of between 105,000 and 120,000 ounces.

Higher revenue from gold and silver sales have helped Resolute Mining post a positive net profit result for the 2016 financial year.

PHOTO ESSAY: Business News photographer Attila Csaszar captured images of some of WA's business and political leaders at their workstations.

Local miner Doray Minerals has achieved first gold pour at its Deflector mine in the Murchison region, with its first shipment to be made next month.

Local gold miner Doray Minerals is seeking to expand its exploration portfolio through a $10 million joint venture deal with Rox Resources.

Doray Minerals has posted a sizeable boost in net profit for the six months to December, as the company works towards opening its second gold mine in Western Australia later this year.

Wesfarmers subsidiary EVOL LNG has won a contract to supply LNG to the power station at Doray Minerals' Deflector gold project in the Murchison region for an undisclosed sum.

Power generation company Pacific Energy has won a contract to supply electricity to Doray Minerals' Deflector gold project in the Murchison region for an undisclosed sum.

Gold miner Doray Minerals has painted a positive outlook for its expanding operations after reporting a small increase in underlying profit for the year to June 2015.

Gold miner Doray Minerals is seeking to double its workforce to support its Deflector project, after announcing it has secured $91.7 million in funds to bring the project into production.

The past year has marked a period of major change at many of WA's gold producers in terms of personnel and pay.

Doray Minerals has announced a 15 per cent increase in full-year gold production at its Andy Well gold project, located in the Murchison region of Western Australia.

The board of gold miner Doray Minerals has given the nod to proceed with developing its recently acquired Deflector project in the Murchison region as soon as it has received enough funding.

Doray Minerals will seek to raise a smaller-than-expected amount of capital for its second gold project following yesterday's announcement the state would leave royalty payments unchanged.

The state government has opted not to change commodity royalties in this year's budget at the expense of almost $180 million in previously booked revenue.

Doray Minerals has appointed PCF Capital Group as adviser as the company plans to secure funding for the construction and development of its Deflector gold-copper project near Geraldton.

Perth-based Doray Minerals has posted $4 million in net profit for the six months to December, on the back of lower cash costs and solid growth in gold production.

The strong rise in the Australian dollar gold price has encouraged gold companies to press ahead with low-cost mine developments, despite uncertainty over royalties.

Doray Minerals has refinanced a $55 million debt facility with Westpac to help fund development of its Andy Well stage 2 gold project in the Murchison region of Western Australia.

Three aspiring gold miners have announced an increase in projected free cash flow for their respective projects as a result of the strong gold price, coupled with falling fuel costs.

Perth-based Doray Minerals has confirmed solid growth in gold production and disclosed lower costs in the December quarter, as it moves toward completing its takeover of Mutiny Gold.

Gold producer Doray Minerals was up more than 26 per cent today after confirming high grade gold results at its Andy Well mine, saying it confirmed the potential of extensions to the mine's life.

Mt Pleasant-based gold junior Alloy Resources is up 28.6 per cent today after a find at its Horse Well joint venture with Doray Minerals.