Emerging producer Core Lithium has secured $125 million from share placements and hopes to raise a further $15 million to progress its Finnis project in the Northern Territory.
Capricorn Metals' managing director and chief financial officer have resigned after two shareholders of the gold junior successfully ousted three of its directors.
Warren Hallam has been tapped as the new managing director of Capricorn Metals, as the company ramps-up the development of its flagship Karlawinda gold project.
Gold-aspirant Capricorn Metals has announced a board restructure, which includes the retirement of managing director Heath Hellewell and founding director Peter Langworthy.
SPECIAL REPORT: The state's gold industry is planning to invest more than $1 billion in exploration and development to sustain continued modest growth in production.
Capricorn Metals has flagged a reduction in the capital cost of its planned Karlawinda gold project near Newman to $132 million following an optimisation study.
Junior miners Draig Resources and Capricorn Metals will tap investors in separate capital raisings as both companies advance their respective Western Australian gold projects.
Admedus has appointed current non-executive director, John Seaberg, as non-executive chair. Wayne Paterson has stepped down as chair, and will focus on his role as chief executive officer.
Doray Minerals co-founder Heath Hellewell has been promoted to the role of executive chairman of gold explorer Capricorn Metals, as the company restructures its board and management positions.
Soon-to-be renamed Malagasy Minerals has welcomed Regis Resources as a substantial shareholder as the company completes its acquisition of the Karlawinda gold project near Newman, while also announcing the appointment of local gold mining executives to its board.
Heath Hellewell is set to join the board of Duketon Mining as an independent non-executive director, subject to shareholder election at the company's general meeting on November.
Gold explorer and developer Doray Minerals will take an earnings hit of between $40 million and $50 million due to a fall in the Australian dollar gold price.
Doray Minerals' founding directors Allan Kelly and Heath Hellewell have won the Association of Mining and Exploration Companies' prospector of the year award for 2014.
Doray Minerals managing director Alan Kelly and technical director Heath Hellewell have exercised options to acquire shares at 20 cents each, and sold some shares on-market.
