Brisbane-based minerals explorer, Diatreme Resources Ltd, has announced a potential billion-dollar discovery of zircon at the company's Cyclone Prospect in the Eucla Basin in Western Australia.
Michael Kiernan-chaired companies Monarch Gold Mining Company Ltd and Territory Resources Ltd have raised $10 million and $9.3 million, respectively, from share placements.
Perth-based gold explorer Mawson West Ltd has raised $2 million from the placement of 12.5 million shares at 16 cents per share to RMB Resources Ltd as trustee for the Telluride Investment Trust, and clients of Tricom Equities Ltd.
Moly Mines Ltd has awarded a $1.1 billion, seven year mining and earthmoving contract for the Spinifex Ridge Molybdenum Project to Perth-based contracting group Macmahon Holdings Ltd.
Golden West Resources Ltd has lodged an appeal against the Takeover Panel's decision to uphold Falak Holding's accidental sale of an 8 per cent Golden West stake into hostile suitor Fairstar Resources Ltd's scrip bid.
Covering territory equivalent in size to the whole of Western Europe, the former Soviet republic of Kazakhstan has attracted plenty of interest from Western Australian companies seeking to exploit its mineral reserves.
TRADE OPPORTUNITIES
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government’s Department of Industry and Resources.
PALADIN Energy Ltd plans to dual list on the Namibian Stock Exchange on February 14, joining fellow Western Australian uranium player Deep Yellow, which listed earlier this year.
JUBILEE Mines NL founding chairman Kerry Harmanis (pictured), along with directors Alan Senior and Gary Pearce and company secretary Gary Lethridge, have all resigned after the takeover of the company
PALADIN Energy Ltd plans to dual list on the Namibian Stock Exchange on February 14, joining fellow Western Australian uranium player Deep Yellow, which listed earlier this year.
Apex Minerals NL has announced a substantial increase in Mineral Resources at its 100 per cent owned Wiluna and Wilsons deposits in Western Australia as a result of drilling over the past six months.
The Takeovers Panel has decided not to make a declaration of unacceptable circumstances over a decision by Golden West Resources Ltd's major shareholder, Falak Holding, to sell its 7.12 per cent stake in the company.
Nedlands-based investment company Oceanic Uranium Fund Ltd has extended its $50 million initial public offer until March 28, after a lacklustre response from investors.
Prolific company director Michael Kiernan has stepped down from his role as chairman of India Resources Ltd, to be replaced by non-executive director Andrew Simpson who has worked with Mr Kiernan at several other companies.
Mexican focused precious and base metals explorer, Azure Minerals Ltd, plans to raise $1 million, by placing 8.3 million ordinary shares with sophisticated and institutional investors at 12 cents per share.
View Resources Ltd's hopes of offloading its 30 per cent stake in the Carnilya Hill nickel mine to joint venture partner Mincor Resources NL have been dashed, with Mincor Ltd today terminating the proposed $25 million deal.
West Perth-based renewable energy company, Torrens Energy Ltd, has been awarded a $100,000 contract for seismic work under the South Australian government's Plan for Accelerating Exploration Scheme.
Aviva Corporation Ltd shares closed up 11 cents, or 15 per cent higher, to 81 cents today after the company announced an initial resource estimate of 1.28 billion tonnes of coal at its Mmamantswe Coal Project in Botswana.
