Our board moves wrap includes James Moses, Brett Smith, Mark Elliott, Paul Boyatzis, Mike Young, Grant Davey, Paul Kopejtka, James Sullivan, Michael Fischer, David McEntaggart, Jonathan Lea, Annie Guo, and Michael Higginson.
Former Vimy Resources boss Mike Young has been appointed to lead Superior Lake Resources through the ASX-listed company's planned clean energy transition.
Former WA attorney general Cheryl Edwardes has become the latest board member set to leave uranium aspirant Vimy Resources, announcing her resignation ahead of the company's closed-door AGM today.
Shareholders may look to seek clarity on the future of uranium hopeful Vimy Resources, with its Mulga Rock project against the clock, a strategic review underway and no permanent CEO at its helm.
Vimy Resources has taken a step towards starting early works at Mulga Rock in a bid to achieve substantial commencement of the project before an approval expires in weeks.
Piedmont Lithium has launched a $29 million capital raising to advance its namesake project in the US, while Arafura Resources and Vimy Resources are raising funds to develop rare earth and uranium projects in Western Australia and the Northern Territory.
West Perth-based Vimy Resources has announced commitments to raise $3.9 million through a share placement and up to $3 million through a share purchase plan to fund the development of its uranium projects in Western Australia and the Northern Territory.
This week's board moves wrap includes Chris Evans, James Brown, Bradley Boyle, Neil Hackett, Peter Spitalny, Mike Young, Tomer Segev, Eran Gilboa, Justin Walawski, Wen Qian, Jason Livingstone, Robert Klug, Paul Kitto, Paul Burton and Mark Strizek.
Uranium explorer Vimy Resources has announced a major restructuring, including the resignation of three directors, further cost-cutting and a focus on its base metals project.
New Century Resources has raised $40 million to complete the restart of its zinc mine in Queensland, while Vimy Resources and Geopacific Resources have tapped investors for $6 million and $10 million respectively.
Uranium explorer Vimy Resources has released a positive definitive feasibility study for its Mulga Rock project, located east of Kalgoorlie, but the report is based on the assumption of a near tripling in the current uranium spot price by 2021.
Resource Capital Funds is set to emerge with a near 30 per cent stake in Vimy Resources when the uranium company completes a $22 million capital boost to fund ongoing work at its Mulga Rock project in the eastern Goldfields.
A new uranium mine in the eastern Goldfields region has been recommended for approval, with a number of strict conditions imposed by the Environmental Protection Authority.
Vimy Resources has appointed GR Engineering Services as study manager for a definitive feasibility study on its Mulga Rock uranium project near Kalgoorlie.
Uranium miner Vimy Resources has received a $30 million financing package from a mining-focused private equity fund, to advance ongoing development of its flagship Mulga Rock project near Kalgoorlie.
Amid the gloom, WA has some positive resources stories to tell,with uranium developers buoyed by improving news, investment certainty guaranteed around royalties rates - for now - and nickel reappearing as a sturdy performer.
FEATURE: Mining sector players are creating innovative solutions – particularly in the iron ore, uranium, and base metals areas, and the graduate labour market – to deal with the changing economic environment.
Andrew Forrest has emerged as a surprise backer of Energy and Minerals Australia, taking a major stake in the Perth-based uranium explorer through a much-needed $12 million investment. EMA has also struck a debt-for-equity swap with its noteholders.
Energy and Minerals Australia has extended its trade suspension period to almost a month after signalling it has been unable to complete a proposed capital raising.
Cassini Resources has raised $10 million via a share placement with the proceeds earmarked for exploration activities its recently acquired West Musgrave nickel project.
BHP Billiton's divestment of its West Musgrave nickel project to Cassini Resources has had a dramatic and valuable impact on the junior miner's share price.
Energy and Minerals Australia has appointed former state government minister Cheryl Edwardes as chairman, replacing Mike Young who has taken a new role as managing director.
Mike Young has been confirmed as the new chief executive of Energy and Minerals Australia as a condition of a deal to secure more debt funding for the uranium explorer.
Cassini Resources has resolved a share sale agreement to acquire 75 per cent of Crossbow Resources, the 100 per cent owner of the West Arunta X17 project in the Gibson Desert.
