Cyprium Metals is looking to raise $35 million in a placement to fund a restart of its Nifty copper mine in the north-eastern Pilbara region of Western Australia by next year.
Subiaco-based Cyprium Metals is set to acquire copper assets in WA from Metals X while announcing a $90 million capital raising to help fund the purchase.
Goldminer Troy Resources has secured exploration funding for its South American project, with the Perth-based company targeting a maiden ore reserve this year.
Robert McEniry, non-executive chair of Automotive Holdings Group (AHG), has resigned from all public company directorships in order to spend more time with his family since the diagnosis of a serio
The board of Finders Resources has been overhauled after Indonesian group Eastern Field Developments increased its stake above 90 per cent in its $177 million takeover of the copper miner, with David Fowler appointed as a director and acting chief executive.
Indonesian group Eastern Field has taken control of Finders Resources, five months after announcing its takeover deal, which values the copper miner at about $177 million.
The independent directors of Finders Resources have questioned some of the claims and assumptions used by Indonesian group Eastern Field Developments, which has announced a takeover offer for the West Perth company.
