The Takeovers Panel says it will not conduct proceedings into a complaint from Westgold Resources in its $123m hostile bid for Gascoyne Reources.
Stuart McKinnon
Gold Road Resources has emerged with a strategic 19.9 per cent stake in Apollo Consolidated and trumped an agreed tie-up with Ramelius Resources.
Pilbara gold explorer flags $125m placement as it advances its Mallina gold project and continues drilling.
Higher grade ore from the newly acquired Kundana operations has boosted Evolution Mining’s September quarter output.
Ramelius Resources boss Mark Zeptner says the mid-tier gold miner is on the hunt for another operating asset after striking a friendly $163m takeover deal for Apollo Consolidated.
Westgold Resources is expected to announce today that it has secured the backing of a substantial shareholder of Gascoyne Resources for its hostile $123 million scrip bid for the company.
SPINIFEX: The newly-listed E79 Gold Mines has made a pledge to shareholders that it will spending their money on its ground.
The 122-year-old refiner will embark on a global search for a new boss after Richard Hayes announced he will step down next year.
Sean Smith
Gascoyne has formally opposed a $100m all-scrip takeover offer from Westgold Resources and hatched up plan aimed at shoring-up its defences.
Newcrest Mining managing director Sandeep Biswas has played down the impact of labour shortages on the company’s Australian organic growth projects.
Stuart McKinnon and Daniel Newell
Liontown Resources gold spin-out Minerals 260 has enjoyed a strong debut on the ASX, opening at close to a 50 per cent premium to its 50¢ issue price.
Westgold Resources and Gascoyne Resources have lawyered-up as the battle for control of the latter heats up.
De Grey Mining sees potential for the Hemi deposit at its Mallina project in the Pilbara to deliver 427,000 ounces of gold per annum over an initial 10-year minelife.
John Terpu-chaired explorer Great Southern Mining has reported a high-grade gold intersection south of its Southern Star prospect.
Burkina Faso-focused gold miner West African Resources has booked record quarterly production of 81,960oz at it Sanbrado gold mine and is expected to exceed full-year guidance.
Gold Road Resources has been forced to lower its full-year gold production guidance but expects a strong December quarter to close out the year.
Robert Ryan has parted ways with Bardoc Gold by mutual consent after it shelved its namesake 3.1Moz project north of Kalgoorlie.
Westgold Resources has launched a hostile all-scrip bid for smaller Murchison gold producer Gascoyne Resources which rivals the company’s proposed tie-up with Firefly Resources.
Australia’s booming resources and energy sector is set to deliver another record in export earnings for the country this financial year.
Gold Road Resources has been cruelled by more equipment failures at its Gruyere joint venture gold mine east of Laverton.
Shares in the two Canadian-based miners fell overnight after they announced a ‘merger of equals’ that offered investors a lower deal premium than other gold combinations.
Yvonne Yue Li
Charlie Bass-led, US-focused explorer plans to continue at aggressive drilling campaign at its Oracle Ridge copper project in Arizona.
Bardoc Gold has put its namesake gold project north of Kalgoorlie on ice after a 31 per cent jump in costs in six months.
Former Saracen Mineral Holdings boss Raleigh Finlayson will join Genesis Minerals as managing director and stump-up cash to take a substantial stake in the junior gold explorer.
© West Australian Newspapers Limited 2020
