Our board moves wrap includes Neil Rose, Glenn Whiddon, James Pearse, Peter Mullens, Sunny Loh, Kevin Maloney, Mark Maloney, Colin McIntyre, Scott Huffadine, Kyle Edwards, Gabriele Sorrento, James Allchurch, Christopher Haynes, and Joe Geagea.
Kingsrose Mining managing director Scott Huffadine has resigned following a series of operational setbacks at the company's Indonesian gold mine, on the same day Kingrose postponed repayments on $10.1 million of debt to non-executive director Bill Phillips.
Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.
Perth-based gold companies Perseus Mining and Kingsrose Mining have strengthened their balance sheets after completing share placements worth a combined $40 million.
Straits Resources says it will close its Perth office and relocate to Brisbane by the end of the month as it undertakes a significant downsizing and corporate restructuring.
