Leaner times in the junior mining and exploration sector have resulted in widespread cuts to chief executive pay, but the restraint has not been shared equally across the sector, with some actually lifting salaries.
Following the acquisition of unlisted company Oresearch Limited, Merah Resources has appointed Oresearch directors Jeremy Read as managing director and Adam Davey as a non-executive director.
Avalon Minerals has announced plans to raise up to $28 million, fully funding the company to complete a bankable feasibility study at its flagship Viscaria copper-iron development in northern Swede
Avalon Minerals has appointed a new chairman to lead the company's development of its northern Sweden minerals tenements, particularly its Viscaria copper project.
North West Mining and Geology Group has agreed to subscribe to Meridian Minerals share placement announced earlier this month to maintain its 41 per cent stake in the company.