Mineral Resources has shipped 8.6 million tonnes from its Onslow Iron operation and pocketed a $41 million payment from Hancock Prospecting under its Perth Basin oil and gas deal.
Our board moves wrap includes Peter Iancov, Amitava Mukherjee, Sumit Deb, Michael Atkins, Mark Wilson, Oliver Kiddie, Dean Dalla Valle, and Susan Lloyd-Hurwitz.
Legend Mining has launched a $20 million share placement to progress its nickel-copper project in the Fraser Range, while fellow Western Australian explorers Auroch Minerals and Xantippe Resources have also announced capital raisings.
Legend Mining has raised $9.8 million via a share subscription agreement with Independence Group, and signed joint venture agreements with IGO and Mark Creasy's Creasy Group at Fraser Range.
SPECIAL REPORT: Financing opportunities have improved markedly from just two years ago for the state's junior miners, amid growing demand for drill rigs and skilled workers.
Legend Mining has sold its stake in gold and nickel miner Independence Group for $4 million, with the local explorer netting about $2.5 million profit from the sale.
West Perth-based explorer Legend Mining will buy a large block of land in the Fraser Range and form an exploration joint venture with the highly successful prospector Mark Creasy.
West Perth-based Legend Mining Ltd has raised $11.12 million in new capital to fund exploration drilling programs at its Mt Gibson and Gidgee projects.