News Articles for Luke Tonkin

Goldminer Vault Minerals has made a key announcement in relation to the future of its open pit King of the Hills operation.

Vault Minerals plans to buy back up to 10 per cent of its shares on issue over the coming 12 months, as it prepares to farewell long-serving executive Luke Tonkin from his management role.

Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.

Newly installed Red 5 boss Luke Tonkin and Spartan Resources counterpart Simon Lawson have both elected to sell off shares, amid a busy month for their respective companies.

Our weekly appointments wrap includes Troy Kirkham, Jane Bennett, Gillon McLachlan, Luke Tonkin, Struan Richards and Cameron Henry.

Our board moves wrap includes Iveta Sceales, Struan Richards, Harry Miller, Sandra Bates, Alberto Lavandeira, Henk Diederichs, Anthony Italiano, Emma Curnow, Melanie Ross, Cameron Knox, Simon Acomb, Michael Klessens, Harvey Kaplan, Joshua Pitt, Luke Tonkin, Mark Williams, David Coyne, David Berg, Len Eldridge, Mathew Collings, Phillip Stevenson, Byron Dumpleton.

Rising gold producer Red 5 has finalised changes to its board and management team, following its successful merger with Silver Lake Resources earlier this month.

The merger between mid-tier gold miners Silver Lake Resources and Red 5 is officially finalised, following news the scheme of arrangement between both companies is now legally effective.

Shareholders of Silver Lake Resources have given the green light for the goldminer’s proposed merger with fellow mid-tier company Red 5.

Gold producers Silver Lake Resources and Red 5 Resources have continued to deliver ahead of their likely merger in June, with both mid-tier companies performing strongly throughout the March 2024 quarter.

Gold producer Silver Lake Resources recorded solid gains during the first half of the 2024 financial year, amid its planned merger with fellow mid-tier entity Red 5.

Mid-tier gold producers Silver Lake Resources and Red 5 have announced their intention to merge, with a combined entity to have a market cap of about $2.2 billion.

Silver Lake Resources has suspended operations at its Daisy complex near Kalgoorlie-Boulder after an employee working for contractor Macmahon Holdings passed away this morning.

Our daily board moves wrap includes Barry Sullivan, Lindsay Franker, Simon Eley, Hedley Widdup, David Quinlivan, Luke Tonkin, Derek La Ferla, Peter Harold, David Riekie, MaoFeng Ding, Les Davis, Brad Drabsch, Toby Wellman, David Morgan, and Robert Cooper.

Silver Lake Resources is set to acquire EganStreet Resources in a scrip deal worth $52 million, as the gold miner seeks to bolster its Deflector operations with a new ore source.

Over 99 per cent of Doray Minerals' shareholders have voted in favour of the company's proposed $615 million merger with fellow locally-based gold miner Silver Lake Resources.

Local gold producers Silver Lake Resources and Doray Minerals have announced a merger to create a mid-tier company to be led by Silver Lake managing director Luke Tonkin.

Local gold producers Saracen Mineral Holdings and Silver Lake Resources have announced solid growth in profits for the 2018 financial year, while Western Australia-focused St Barbara also registered a positive result.

The premier has dismissed claims that almost 3,000 jobs would be lost under the state government's planned gold royalty hike, after a report claimed that five existing mines were at risk of closing if the royalty was enacted.

Gold's rising stocks and role in the post-boom recovery will make this year's Diggers & Dealers the most promising for many years.

Silver Lake Resources has sold its Great Southern gold project to ACH Minerals for $5 million in cash.

Perth-based gold producer Silver Lake Resources is bullish after hitting its annual sales target and repaying all its bank debt.

Silver Lake Resources is selling off its non-core assets in the Murchison region, with Metals X acquiring its Comet gold project and Musgrave Minerals agreeing to buy a large portion of its Cue project.

Gold miner Silver Lake Resources has cut its production guidance for the current financial year and reported higher costs, triggering a 23 per cent dive in its share price.

Silver Lake Resources has entered into a binding heads of agreement with a private consortium for the sale of its Lakewood Mill near Kalgoorlie for $5.5 million.

Silver Lake Resources founding managing director Les Davis will step down from his role in November, leaving current executive director Luke Tonkin to fill his shoes.

Reed Resources has announced a $26 million write-down following the collapse of a potential sale by the administrators of the company's Meekatharra gold project.

Struggling miner Reed Resources has agreed to sell its Comet Vale gold project to a private bidder for $2 million, about a third of the price offered by Crest Minerals in its terminated bid for the project last year.

Former Reed Resources and Mount Gibson Iron boss Luke Tonkin has joined Silver Lake Resources as director of operations, from today.

Reed Resources chief executive Luke Tonkin has tendered his resignation, after just more than 14 months at the helm of the struggling gold miner, which also detailed $70 million of asset impairment

Junior mining stocks Crest Minerals and Avalon Minerals have announced they will not be proceeding with planned acquisitions, after failing to get the backing of investors.

Reed Resources shares shot up on the ASX today after the gold miner said it had received a $27 million windfall after closing its gold hedge book.

LOOKING at the remuneration packages negotiated by newly appointed chief executives in Perth, there is a common pattern -5 size equals money.

Former Mount Gibson Iron chief executive Luke Tonkin is taking the helm of gold hopeful Reed Resources.

Paladin Energy has appointed former Mount Gibson Iron chief financial officer Alan Rule to replace Garry Korte, who has been poached by Gina Rinehart's Roy Hill Holdings, a subsidiary of Hancock Pr

Iron ore miner Mount Gibson Iron has declared its maiden interim dividend, despite production problems at its mines and a slump in interim profit.

Mount Gibson Iron chairman Geoff Hill has secured final control of the iron ore miner's board, after the last of his critics, Craig Readhead, resigned today.

The controversy over director independence at Mount Gibson Iron has taken another surprise twist, with a majority of the board resolving that one of its existing members should be reclassified as i

One day after being praised by chairman Geoff Hill at the company's annual meeting, iron ore miner Mount Gibson Iron has announced that managing director Luke Tonkin will step down from the role.

Mount Gibson Iron has announced the appointment of two new directors as the company's board grapples with a continuing rift over the independence of its chairman Geoff Hill.