Galena Mining has announced it will remain in suspension until the strategic review to tweak its capital restructure and enhance shareholder value has concluded.
Galena Mining has raised $20 million from investors after wet weather conditions and technical issues caused delays in the ramp-up period for its Abra base metals mine.
Atlas Iron has appointed Spiro Pappas, Professor Ian Plimer, Tad Watroba and Stephen Wood as non-executive directors with Mr Pappas being elected as chair.
Apollo Consolidated has appointed Tony James as non-executive director. Mr James is a mining engineer with considerable operational, new project development and corporate experience.
Chalice Gold Mines has made some board and management changes aimed at unlocking the value of the company's prospective gold and base metal projects and a strong balance sheet.
Subiaco-based Carbine Resources has pulled the pin on its planned redevelopment of the Mount Morgan copper-gold project in Queensland, in which it has already invested $12 million, while managing director Tony James and two directors have tendered their resignation.
An independent expert's report has found private equity group Auctus Chillagoe's takeover bid for Mungana Goldmines to be both unfair and unreasonable, saying the 13.5 cents a share price was opportunistic and undervalued the business.
Shares in resources developer Mungana Goldmines have shot up 33 per cent today after an off-market takeover proposal backed by private equity group Denham Capital.
Perth-based Doray Minerals has confirmed solid growth in gold production and disclosed lower costs in the December quarter, as it moves toward completing its takeover of Mutiny Gold.
Gold miner Doray Minerals is hoping for a market re-rating after announcing a scrip takeover of Mutiny Gold today, but its goal of becoming a two-mine mid-tier producer failed to impress the market.
Mutiny Gold has promoted non-executive director Alan Brown to non-executive chairman, following the resignation of Frank Lawson from the board of the WA gold explorer.