Golden Rim Resources

West Perth-based gold explorer Alcaston Mining NL will soon commence drilliing on its Sabeto Gold Project in Fiji, with a new Exploration Manager and a new name, the company announed today.

Perth-based gold miner Golden Rim Resources has acquired an additional two gold exploration permits (Kourori and Koro-Sud) in Burkina Faso, West Africa adding to the 14 permits already in place, amounting to an area of 3,220 square kilometers.

Golden Rim Resources shares have risen after it announced an extensive new discovery at its Balogo gold project in Burkina Faso.

Shares in Golden Rim Resources are soaring on the Australian Securities Exchange, after the Perth-based gold explorer announced significant new gold intercepts at its Balogo project in Burkina Faso.  

West-Australian based explorers Golden Rim Resources and Peak Resources announced $2.54 million and $5.5 million share placements, respectively.

THE level of exploration activity being undertaken by junior miners in Africa is increasing, with Burkina Faso in particular coming more into focus as a promising gold producer. 

West Perth-based gold explorer Golden Rim Resources has lined up $4 million in funding under an agreement with global financier RMB Resources as it looks towards completion of a bankable feasibility study at its Balogo project in Burkina Faso.

Gold and mineral explorer Golden Rim Resources has announced a $3 million placement, managed by Sprott Private Wealth, for exploration in Burkina Faso and working capital.

Two Perth-based minerals explorers announced today that their placements had received commitments from investors, worth a combined $3.6 million in total.

West Perth-based Golden Rim Resources will sell its Balogo gold project to Turkish company MNG Group for up to $12.8 million, with the full payment dependent on the mine going into commercial production.

A cluster of Western Australia-listed companies has been highlighted in BNiQ research as exhibiting strong revenue growth, appearing to have bucked the economic slowdown with strong gains in operational income.

Black Mountain Resources Limited is pleased to update shareholders on the following restructure initiatives that have been agreed to by the Company and its major lender, Richmond Partners Masters Limited, subject to any necessary shareholder approvals, formal documentation and regulatory sign off

Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every two existing shares held.

Aspire Mining is pleased to announce that pre-commitments for the minimum $1.7 million dollar raising condition of the $15m Strategic Funding package have been received. Due to strong demand the Board has approved an increase in this placement to $2.1 million.