The Lundin family, Zhaojin Mining and Montage Gold backed Aurum Resources in a $35.6 million raise to fast-track exploration and feasibility studies in Côte d'Ivoire.
Shares in Subiaco-based junior Aurum Resources rose by 20 per cent early on Wednesday, following news it had received firm commitments for a private $35.6 million investment.
Shares in Mako Gold rose by 68 per cent on Wednesday afternoon to 1.6 cents, following news the Queensland junior had filed documents for a proposed merger with Aurum Resources.
West Perth-based junior Aurum Resources has announced it will raise $20 million in order to accelerate exploration activities at its Boundiali gold project in Côte d'Ivoire.
Gold producer Aurum Resources has increased its footprint in Côte d'Ivoire, after executing a binding term sheet to fully acquire the Boundiali South exploration tenement from Turaco Gold.
Our weekly appointments wrap includes Yaya Ouattara, Caigen Wang, Maree Arnason, Derek La Ferla, Ben Morton, Darryl Cuzzubbo, Gavin Lockyer, Niamh O'Connor, Anna Shave, Brendon Grylls and Martina Mariano.
Aurum Resources has appointed Yaya Ouattara as its new exploration manager in Côte d'Ivoire, as the company's planned exploration activities begin to intensify.
Gold miner Aurum Resources has raised $7 million in a bid to accelerate exploration activities at its recently-acquired Boundiali gold project in Côte D'Ivoire.
Our board moves wrap includes Stephen Belben, Joshua Lowcock, Caigen Wang, Steve Boston, Robin Scrimgeour, Kane Marshall, Gary Jeffery, and Paul Hardie.
A subsidiary of Shanghai Stock Exchange-listed Chifeng Gold has bought $49.3 million worth of shares in aspiring West African gold producer Tietto Minerals.
Perth-based Tietto Minerals has received commitments to the tune of $130 million for its Abujar gold project in Côte d'Ivoire ahead of first gold planned later this year.
Tietto Minerals has secured the remaining funds needed to develop its Abujar gold project in Cote d'Ivoire, while Wiluna Mining is advancing an expansion of its operations in WA.
Perth-based Tietto Minerals is seeking up to $62.5 million from a placement and share purchase plan to progress its Abujar gold project in Cote d'Ivoire.
African-focused gold explorer Tietto Minerals announced it would raise $17 million through a share placement, primarily to fund drilling at the company's Abujar project in Côte D'Ivoire.
