Fortescue's ability to work around Port Hedland's congested export space and negate headwinds in the iron ore price were attractive to Red Hawk Mining's board.
Cheryl Edwardes-chaired Red Hawk Mining has high hopes over its Blacksmith iron ore project in the Pilbara after completing a preliminary feasibility study.
Our board moves wrap includes Michelle Kruger, Francisco Bellon, Charles Mowrey, Greg Lee, Steven Michael, Chris van Wijk, Nhlanhla Nene, Shannon Coates
Pilbara-focused Red Hawk Mining will raise $12.5 million in order to advance operations at its flagship Blacksmith iron ore project, 70 kilometres north-west of Tom Price.
Deep Yellow chief executive John Borshoff says it will be full steam ahead at the newly-merged WA business on the back of the latest spell of uranium interest.
John Borshoff's Deep Yellow and WA uranium play Vimy Resources have agreed to terms for a proposed $658 million merger, some four months after Vimy first put Mulga Rock on the market.
Vimy Resources has completed a deeply discounted capital raising to fund work on its two uranium projects, one week after a strategic review failed to unearth a new partner.
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.
Our daily board moves wrap includes Howard Golden, Tommy McKeith, Morgan Ball, Catherine Grant-Edwards, Steven Michael, Nicholas Ong, Graeme Smith, Rod Wheatley, John Ribbons, Jon Denovan, Derek La Ferla, and Neil Whitaker.
Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia.
Investors have welcomed news that Claremont-based Segue Resources has signed a joint venture agreement with Port Exploration at its Pardoo nickel and iron project in the Pilbara.
Shares in West Perth-based explorer Segue Resources have soared on the back of Segue's announcement that it will acquire three unlisted companies which each hold tenements in the highly prospective Fraser Range province in the Goldfields.
