Mineral sands company Sheffield Resources says it will scale back activities at its flagship Thunderbird project in Western Australia and seek ways to develop the project at a lower cost, after failing to secure a strategic partner.
Our daily board moves wrap includes Rhoderick Grivas, Caedmon Marriott, Bill Oliver, Chris Afentoulis, Bruce McQuitty, Patrick Holywell, and Patrick Burke.
Our daily board moves wrap includes Joe Graziano, Jessamyn Lyons, Patrick Soh, Michael Hannington, Daryl Henthorn, Keith Middleton, Carol New, Craig Hall, Alan Still, Kelly Moore, John Richards, Ian Macliver, and Bruce McQuitty.
Former Sheffield Resources managing director and founding shareholder Bruce McQuitty will step down from the board, making way for John Richards and Ian Macliver, as the company moves closer to development of its Thunderbird mineral sands project.
Perth-based gold explorer AIC Resources, chaired by Centamin founder Josef El-Raghy, got off to a solid start in trading today after raising $10 million in its initial public offering.
Sheffield Resources has announced plans to spin-out its gold and base metals assets into a separate entity and list it on the ASX, as it progresses development of its flagship Thunderbird mineral sands project.
Bruce McFadzean says mining executives need to rethink their remuneration structure, after joining Sheffield Resources on a package that ties most of his income to development of the Thunderbird mineral sands project.
Sheffield Resources has entered into an access agreement for the use of the bulk handling facility at the Derby Wharf as an export hub for mineral sands mined from its $271 million Thunderbird project.
West Perth- based explorer Sheffield Resources will sell its Oxley potash project, near Geraldton, to South Australian Centrex Metals for $2.5 million.
Mineral sands explorer Sheffield Resources has raised $11.5 million through a share placement as it works towards completion of a pre-feasibility study at its Thunderbird project.
The market may be getting the jitters over commodity prices but there are still a host of resources-related floats seeking to make the most of the buoyant capital markets.
