Firefinch's ailing Morila goldmine in Mali is tipped to fall into insolvency, with the company unable to raise capital to revive the operation or find a suitable buyer.
Firefinch chair Alistair Cowden has resigned from the ASX-listed gold miner, marking the fourth board-level exit from the company in just over two weeks.
Our board moves wrap includes Phillip Gallagher, Jean-Sebastien Boutet, Alistair Cowden, Brett Fraser, Mike Sutton, David Greig, Russell Scrimshaw, Tony Pearson, and Bardin Davis.
Our board moves wrap includes Brett Fraser, Stuart Usher, Jay Stephenson, Jacqueline Barry, Hinda Gharbi, Jennifer Nason, Ngaire Woods, and Russell Hardwick.
Our daily board moves wrap includes Pierre Fallourd, Geoff Newman, Gino D'Anna, Brett Fraser, Frederick Hess, Peter Bennetto, Rick Crabb, David Riekie, Angus Middleton, Stephen Jones, and Mark Borman.
WenYi Gu has been appointed non-executive director of Admedus. Dr Gu is a Research Fellow at the Australian Institute for Bioengineering and Nanotechnology at the University of Queensland.
Perth mining executive Michael Ruane is seeking a board spill at Empire Resources, less than two months after the gold miner was forced to restructure its board due to a push from a separate group of dissident shareholders.
A group of dissident shareholders at Empire Resources is seeking a board overhaul after requesting a general meeting to remove its three directors, including managing director David Sargeant.
Shares in West Perth-based Drake Resources have doubled in value on news the company is planning to exit the resources industry by acquiring an Israeli tech company for $11 million.
Peter Reeve has been appointed as chairman of Aura Energy, following the resignation of Brett Fraser (pictured), who has been chair since the company's listing in 2006 and now remains as a non-exec
WA-based uranium explorer Aura Energy is set to raise $3.4 million in the form of a non-renounceable entitlements issue, fully underwritten by Cygnet Capital.
