A famous family name in resources is returning to Perth with Resolute Mining announcing the appointment of James Champion de Crespigny to a new executive role.
Resolute Mining has agreed to repay all amounts outstanding under a $US130 million loan agreement with Taurus Funds Management, which it said would be funded by an equity raising.
Perth-based Resolute Mining has finalised the sale of its Ravenswood gold project in Queensland to a private equity and mining consortium for up to $300 million.
Resolute Mining will undertake a strategic review of its Bibiani gold mine, engaging Cutfield Freeman and Treadstone Resource Partners as advisers in the process.
Directors of several Perth-based ASX-listed companies have undertaken substantial share transactions in the past fortnight, with Peter Bradford, Peter Cook and John Welborn among those taking advantage of the trading window after the release of their annual results.
Perth-based gold producer Resolute Mining is adding a fourth mine to its portfolio after striking an agreement to acquire privately owned Toro Gold, which owns the high-margin Mako mine in Senegal.
Resolute Mining has announced plans to list on the London Stock Exchange, just a day after fellow Africa-focused miner MOD Resources was admitted to the LSE.
Resolute Mining has signed a joint development agreement with Africa-focused power developer Ignite Energy to set up a 40-megawatt hybrid solar, battery and fuel oil plant at its Syama gold mine in Mali.
Government and business must involve trade unions to develop plans to train Australia's workforce for the increased presence of automation, according to Siemens Australia chief executive Jeff Connolly.
Resolute Mining has posted steady preliminary production results at its gold operations for the 2018 financial year, while also providing guidance for next year as the company moves towards its target of 500,000 ounces per annum.
Two local gold miners have announced equity investments in junior explorers today, with Resolute Mining investing $22.5 million in Canadian company Orca Gold while Westgold Resources has taken a 15 per cent stake in Musgrave Minerals.
Goldminer St Barbara has invested $4 million in local explorer Duketon Mining, while Resolute Mining has announced it will take a $5.1 million stake in a Canadian gold-focused company.
Orbital Corporation's long-serving managing director and chief executive, Terry Stinson, has stepped aside with CFO Todd Alder appointed as his successor with immediate effect.
Company director John Poynton has moved into the gas sector as the new chairman of Cooper Basin-focused Strike Energy, which has also recruited a new managing director from Shell.
Resolute Mining has become the second Western Australia-based mining company to appoint a female executive to one of its top jobs within the past week, with Lee-Anne de Bruin to take over as chief financial officer next month.
Gold producer Resolute Mining looks likely to recommence open-pit mining at its Ravenswood underground operation after a feasibility study released today suggested it would extend mine life to 2029.
SPECIAL REPORT: Innovation is a key plank of Resolute Mining's strategy to keep costs down and extend mine life, managing director John Welborn told Business News, while acknowledging the pressures such a plan placed on capital and human resources.
Local gold miners Resolute Mining, Saracen Mineral Holdings and Ramelius Resources have hit their production targets for FY16 at lower-than-expected costs.
Resolute Mining has outperformed its own expectations in both production costs and volume, which has more than doubled the company's cash on hand in the final quarter of the financial year.
Former Wallaby player and experienced minerals executive John Welborn will take the helm of Perth-based gold company Resolute Mining when outgoing CEO Peter Sullivan steps down in late June.
Technology developer and investor Orbital Corporation has reshaped its board as it implements a new growth strategy, adding investment banker John Poynton as a director and promoting experienced minerals executive John Welborn to chairman.
Orbital Corporation has appointed John Welborn as a non-executive director.Mr Welborn is managing director of Equatorial Resources and a non-executive director of Prairie Downs Metals.
One of Western Australia's most prolific residential builders, Dale Alcock, is the latest high-profile CEO to help tackle the issue of homelessness by committing to the St Vincent de Paul Society's
The Western Australian CEO Sleepout has raised $700,000 and counting after a successful 2012 event which culminated in 106 CEOs staying at the WA Cricket Association ground last night.
Equatorial Resources managing director John Welborn has exercised 1 million options to acquire shares at a cost of 25 cents each, raising his stake in the company to 3 million shares.
WESTERN Africa is fast becoming known as the world's third major iron ore province, as miners explore and develop high-grade, low-cost prospects in the region.
Some six months after terminating the services of former managing director Mark Hansen, Prairie Downs Metals has today appointed rugby union stalwart John Welborn to the role.
