Precious metals hopeful Austral Gold will launch a non-renounceable pro-rata rights offer to raise A$5.6-million to fund brownfield exploration at its projects in Argentina and Chile. Eligible shareholders will be able to subscribe for one new share fo…
Austral shakes the tin to fund brownfield work Read More »
Joint venture (JV) partners Gold Fields and Gold Road Resources are progressing with the ramp-up of the Gruyere mill, in Western Australia, with circuit achieving 96-hours of continuous operation.
The two companies on Thursday said that a total of 73 …
Gruyere ramp-up continues Read More »
Gold hopeful Calidus Resources has completed a A$9-million share placement to institutional investors, allowing the junior company to undertake an extensive resource and exploration drilling campaign and complete definitive feasibility studies at its W…
Calidus raises A$9m in share placement Read More »
Junior explorer Lefroy Exploration will raise A$3.8-million to accelerate exploration at the Eastern Lefroy gold project, in Western Australia.
Lefroy would place more than 19-million shares, at a price of 20c each.
Lefroy to accelerate exploration in WA Read More »
Coal miner Whitehaven Coal has posted a record net profit after tax for the full year ended June, driven by record coal production. Whitehaven on Thursday reported a net profit after tax of A$564.9-million for the 2019 financial year, up from the A$524…
Whitehaven posts record profits Read More »
Junior Golden Rim Resources will raise A$5.3-million through a share placement and rights issue to accelerate drilling work at its Kouri gold project, in Burkina Faso.
An initial A$1.82-million will be raised through the placement of some 130-million …
Golden Rim raises exploration cash Read More »
Heavy rare earths producer Northern Minerals is looking to raise A$20-million through a share placement to China’s Baogang Group Investment.
The company will issue more than 322.58-million shares, at a price of 6.2c each, to raise the funds, with the …
Northern Minerals looks at new cornerstone investor Read More »
Oil and gas major Woodside has reported a slide in net profits after tax for the half-year ended June, compared with the previous corresponding period, as production declined.
Net profits after tax for the six months to June was reported at $419-milli…
Woodside profit slides Read More »
Australian midtier gold miner Evolution Mining has increased the final dividend for the 2019 financial year by 50%, as its new dividend policy kicks in. The new dividend policy, which was approved in August, is based on the free cash flow generated dur…
Policy change pays off for Evolution shareholders Read More »
ASX-listed Argosy Minerals has struck a deal with fellow listed Lithium Consolidated to acquire the Tonopah lithium project, in the US.
Argosy will pay a $10 000 option fee to the vendors, which also include Big Smokey Exploration and ProspectOre, and…
Argosy evaluating US lithium project Read More »
