Wednesday, 14 May, 2008 - 15:15
Beadell in trading halt
Shares in Perth-based Beadell Resources Ltd have been placed in a trading halt pending the outcome of a possible significant transaction.
Beadell Resources Limited, a gold development company, engages in the exploration for and evaluation of mineral resources in Australia and Brazil. Its primary asset is the Tucano gold and iron ore project covering approximately 2,500 square kilometers of gold exploration tenements located in Amapá State in northern Brazil. In July 2018 the company restructured its board and management, and shifted its base of operations as it pursued a primary TSX listing in Canada. As such Business News no longer considers Beadell a WA company. In September 2018 it was announced that TSX-listed Great Panther Silver had launched a friendly takeover of Beadell.
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NEW ROLE: Paula Raffo, Investor Relations & Corporate Governance Executive | 01 Sep 2020 |
Shares in Perth-based Beadell Resources Ltd have been placed in a trading halt pending the outcome of a possible significant transaction.
PERTH-based explorer Beadell Resources Ltd is about to step into producer status after negotiating a deal with resource investment firm Lion Selection Ltd to acquire the remaining 30 per cent interest in the Cracow gold mine for $80 million.
Perth-based Beadell Resources Ltd has potentially secured a $50 million debt facility with ANZ to help fund part of its purchase of the Cracow gold mine in Queensland.
West Perth-based Beadell Resources Ltd will have to put its goal of stepping into the miner's sphere on hold, after turbulent market conditions stopped the company from raising equity to purchase a share of the Cracow gold mine.
Beadell Resources has executed an agreement to buy the Brazilian subsidiary of New York-listed New Gold for $US63 million ($A70 million).
Beadell Resources says it has received commitments to raise $57 million, which will be used to complete the acquisition of a Brazilian company that hold the rights to a gold project and an iron ore royalty.
West Perth-based Beadell Resources has agreed to sell the iron ore royalty for it Amapa project in Brazil to Anglo Pacific for $31.25 million.
Beadell Resources has completed a deal to sell the Amapá Iron Ore Royalty for $31.25 million cash to global natural resources royalties company Anglo Pacific Group.
Perth-based Beadell Resources has targeted March next year to begin producing gold from its Tucano project in Brazil, after signing a $75 million deal with Ausenco to manage the delivery of a processing plant at the mine.
Beadell Resources has successfully completed a $30 million share placement to raise $30 million for the development of a processing plant and exploration programs at its Tucano gold project in Brazil.
Beadell Resources has announced $US80 million in debt financing to fund the development of the Tucano gold project in Brazil.Beadell said today it had appointed WestLB and Macquarie Bank to arrange low-cost bank facilities totalling $80 million from Brazil-based Banco da Amazonia.
Beadell Resources announced today it was seeking a partner to help unlock the extensive iron ore at its Tucano project in Brazil.
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News’ 2011 survey has found.
Beadell Resources has secured an additional $10 million in financing from Macquarie Bank as the company nears completion of construction of the processing plant at its Tucano gold mine in Brazil.
Beadell Resources managing director Peter Bowler has disposed of 4 million shares on-market to raise $4.1 million.
Beadell Resources has launched a $25 million capital raising to pay off outstanding invoices for its Tucano gold processing facility in Brazil and boost working capital.
Beadell Resources managing director Peter Bowler has sold $2.8 million of shares on-market, to finance the acquisition of a property and to pay income tax liabilities.
West Perth-based Beadell Resources has recorded its highest ever gold production and sales at its Tucano mine in Brazil, with plant and equipment upgrades paying dividends for the company.
The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.
Northern Star Resources has confirmed it will enter into a hedging program for almost a third of its forecast gold production over the next 12 months as concerns over price volatility continue to linger across the sector.
Northern Star Resources has been recognised for excellence in the resources sector, winning the fourth annual Craig Oliver award at the RIU Explorers Conference.
Mining and civil engineering firm MACA has received a letter of intent to provide mining services to Beadell Resources’ Tucano gold project in Brazil, with the value of the deal yet to be finalised.
Mining and civil engineering firm MACA announced today that it had won $47.9 million worth of project contracts from Main Roads WA and mining giant Rio Tinto in the past three months.
Listed companies from Western Australia are on the outer in the most recent quarterly reshuffle of the S&P Dow Jones ASX Indices, with high-profile absentees including Iluka Resources, Mineral Resources and Monadelphous Group.
Gold producer Beadell Resources says a number of delays at its Tucano project in Brazil are to blame for a shortfall in gold sales for the March quarter.
The past year has marked a period of major change at many of WA’s gold producers in terms of personnel and pay.
Welshpool-based Maca has posted a slight fall in profit for the financial year but increased revenue by 1 per cent, despite it being a tough time for contractors and mining services companies in the current market.
Gold miner Beadell Resources has come under new leadership, with the company appointing former Red Back Mining executive Simon Jackson as managing director and chief executive.
Gold miner Beadell Resources has received commitments for a $50 million capital raising to fund exploration to build its mining inventory.
Boyd Timler has been appointed as the chief executive officer of Medusa Mining. Mr Timler has over 30 years of progressive international mining experience and has most recently served as the chief operating officer of Beadell Resources.
The gold sector has continued to be positive for investors and stockbrokers, with a $12.5 million capital raising announced today by West African Resources adding to more than $150 million worth of deals launched by Western Australian companies this year.
SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state’s gold sector, and 2017 is looking to be a similarly positive year.
Gold miner Beadell Resources has rattled the tin for $51 million to pay for plant upgrades and further exploration work at its Tucano mine in Brazil.
SPECIAL REPORT: Western Australian stockbrokers and companies raised nearly $1.1 billion in 104 transactions in the March quarter, with gold deals being a major driver of activity, according to new data compiled for the BNiQ Search Engine.
West Perth-based gold miner Beadell Resources has started work on a $US28 million plant upgrade project at its Tucano gold mine in Brazil, with commissioning to get under way in the middle of 2018.
West Perth-based Beadell Resources has announced plans to merge with a Canadian mining exploration firm to create a dual-listed company on the ASX and the TSX venture exchange.
Gold miner Beadell Resources has raised $US23 million ($30 million) via a share placement and convertible debentures to fund an upgrade of its Tucano mine.
Perth companies MACA and gold producer Beadell Resources have agreed to terminate a mining services contract at Beadell’s Tucano project in Brazil, leaving the miner to repay a $61 million loan.
Gold producer Beadell Resources has announced a board restructure and a new mining contract at its operations in Brazil, as the company pursues a primary listing in Canada.
Great Southern Mining has received commitments from sophisticated investors for the placement of 34 million shares at an issue price of $0.0375 a share to raise approximately $1.275 million.
Name | Position | Year Started |
---|---|---|
Company Secretary, Chief Financial Officer
|
2007 | |
General Manager, Tucano Gold Mine (since July 2018); (Tailings Dam Manager 2011-2018)
|
2011 | |
Head of Corporate Development
|
2016 | |
Head of Exploration & Geology
|
2018 | |
Non-Executive Director (Chair since July 2018)
|
2015 | |
Non-Executive Director
|
2015 | |
Director, Company Secretary
Financial Controller (2007 to 2019) |
2019 | |
Non-Executive Director
Non-Executive Chair (2010 to 2018) |
2018 |
Name | Position | Year Started | Year Ended |
---|---|---|---|
Chief Executive, Managing Director
|
2018 | 2019 | |
Country Manager
|
2018 | 2019 | |
Financial Controller
|
2007 | 2019 | |
Investor Relations & Corporate Governance Executive
|
2012 | 2019 | |
Chief Executive Officer, Managing Director
|
2015 | 2018 | |
Chief Operating Officer
|
2015 | 2018 | |
Non-Executive Chair
|
2010 | 2018 | |
General Manager, Tucano Gold Mine
|
2015 | 2018 | |
Non-Executive Director
|
2016 | 2018 | |
Finance Director, Brazil
|
2016 | 2018 | |
Non-Executive Director (2016-2017); (Executive Director, Geology and Corporate Development 2015-2016)
|
2015 | 2017 | |
Non-Executive Director
|
2012 | 2015 | |
Chief Operating Officer
|
2014 | 2015 | |
Mine Operations Manager
|
2014 | 2015 | |
Managing Director
|
2007 | 2015 | |
Non-Executive Chairman
|
2007 | 2015 | |
Executive Director Geology
|
2007 | 2015 | |
Commercial & Finance Manager, Brazil
|
2010 | 2015 | |
Non-Executive Director
|
0 | 2012 | |
Non-Executive Director
|
0 | 2012 |
Date | Company | Transaction Type | Total Value | |
---|---|---|---|---|
Beadell Resources | Placement | $11.79m | >> | |
Beadell Resources | Convertible notes + placement | $30.30m | >> | |
Beadell Resources | Placement + share purchase plan | $50.50m | >> | |
Beadell Resources | Placement | $50.00m | >> | |
Beadell Resources | Placement | $25.00m | >> |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Beadell Resources | Acquisition | $144.00m | >> | ||
Golden Harp | Beadell Resources | Reverse takeover | $105.80m | >> | |
Beadell Resources | Asset acquisition | $2.40m | >> |