Wednesday, 26 October, 2016 - 14:12
Local miners raise $40.7m
Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.
Stephen Power was previously a commercial lawyer with over 26 years of experience advising participants in the resources industry in Australia and overseas including England, Canada, Ghana, Tanzania, Brazil and Peru.
Mr Power also has extensive experience and understanding of the commercial aspects of resource companies including farm-in negotiations, joint ventures and mergers and acquisitions.
In addition to his role as executive chair of Antipa Minerals, Mr Power is a non-executive director of Melbourne-based Karoon Gas Australia and has interests in a number of businesses in the resources and other industries.
Rank | Company | # | |
---|---|---|---|
160th | - | Karoon Energy | $603.80m |
933rd | - | Integrated Payment Technologies | $2.20m |
951st | - | Group 6 Metals | $1.80m |
956th | - | Aeeris Ltd | $1.76m |
957th | - | Aeeris Ltd | $1.76m |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1250th | Fletcher Building">Fletcher Building | -31.88% | -5.97% |
1251st | Strata Investment Holdings">Strata Investment Holdings | -31.88% | 0% |
1252nd | Karoon Energy">Karoon Energy | -31.93% | 4.38% |
1253rd | PARKD">PARKD | -32.2% | -23.52% |
1254th | Zimplats Holdings">Zimplats Holdings | -32.25% | 13.6% |
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NEW ROLE: Non-Executive Chairman, Non-Executive Director, Antipa Minerals | 03 Oct 2024 |
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NEW ROLE: Non-Executive Chair, Antipa Minerals | 16 Sep 2021 |
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REMUNERATION UPDATE: Executive Chair, Antipa Minerals | 24 Aug 2020 |
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REMUNERATION UPDATE: Executive Chair, Antipa Minerals | 30 Jun 2020 |
Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.
West Perth-based Antipa Minerals has announced a capital raising of $3.3 million, and is planning an entitlement offer for an additional $4.3 million, with the funds to be spent on exploration work at the company’s projects in the Paterson region of Western Australia.
Antipa Minerals has announced it completed a $5.1 million capital raising, with the funds set to further its exploration in the Paterson province of the Pilbara.
Rio Tinto has confirmed it will proceed with the next phase of its exploration joint venture at the Citadel copper-gold project, located in the Pilbara's Paterson province, but has extended the time it has to spend $14 million from three years to five years.
Gold explorer Antipa Minerals has entered a joint venture agreement with Newcrest Mining, which could invest up to $60 million to explore the company’s tenements in the Paterson province.
Antipa Minerals has secured its third farm-in deal, with IGO to invest up to $30 million to explore the company’s tenements in the Paterson copper-gold province.
Antipa Minerals has secured $22 million from a share placement, which will be used to fund ongoing exploration across the company’s gold and copper tenements in WA.
Our board moves wrap includes Mark Rodda, Stephen Power, Vyril Vella, and Miriam Stanborough.
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