Goldminer Emerald Resources has forewarned shareholders that its March 2025 quarterly production will be below its original guidance, citing multiple factors.
Boosted by solid production at its flagship mine, gold miner Emerald Resources increased its half-year net profit by 45 per cent from the prior corresponding period.
Gold producer Emerald Resources has secured a 20.5 per cent stake in West Perth-based Golden Horse Minerals, becoming the junior's biggest shareholder.
Goldmining executive Simon Lee will retire in November, after calling time on a prolific multi-decade career of success which has fingerprints across the sector in Australia and abroad.
Emerald Resources has extended its partnership with MACA, enabling the contractor to play a key role in the development of new gold mines in Australia and Cambodia.
Emerald Resources has achieved a record full year production of 114,076 ounces of gold for the 2024 financial year, up 5,210oz from the prior corresponding period.
Emerald Resources has moved closer to developing its Okvau gold project in Cambodia after signing a $US230 million ($A365 million) mining contract with MACA.
FYI Resources has edged closer to production at its high purity alumina project in Western Australia after completing a definitive feasibility study and securing equity financing with a European investment group.
Gold explorer Emerald Resources is seeking to raise $75 million through a share placement to develop its Okvau project in Cambodia, while also finalising a $US60 million ($A88 million) loan with Sprott Private Wealth.
Emerald Resources has announced plans to raise $75 million to fund its Cambodia-based Okvau gold project, via two placements of 1.9 billion new shares.
Two local gold hopefuls with interests in a Cambodian project have announced a merger, with Emerald Resources to buy Renaissance Minerals in a deal valued at about $40 million.
Former oil and gas explorer Emerald Resources has confirmed plans to transition to the gold sector, announcing today a joint venture deal to earn-in to Renaissance Minerals' Cambodian gold project.
Morgan Hart has been appointed as a non-executive director at Emerald Oil & Gas.Mr Hart is a geologist and was most recently chief operating officer of Regis Resources.
TWO years ago, Regis Resources had yet to prove itself as a solid Western Australian gold producer; it was on the verge of its first gold pour from the Moolart Well mine in the Duketon Gold Project