Emerald Resources

West Perth-based Emerald Resources has tapped investors for $27 million to fund exploration at the company’s Okvau gold project in Cambodia.

MACA has signed a memorandum of understanding for a $US220 million ($306 million) contract for Emerald Resources planned gold project in Cambodia.

Gold aspirant Capricorn Metals has announced a $10.1 million rights issue, while the company assess sale options, including being acquired.

Emerald Resources has secured a total of $US160 million in finance facilities to fund project development and future acquisitions.

Emerald Resources has announced plans to raise $75 million to fund its Cambodia-based Okvau gold project, via two placements of 1.9 billion new shares.

Gold explorer Emerald Resources is seeking to raise $75 million through a share placement to develop its Okvau project in Cambodia, while also finalising a $US60 million ($A88 million) loan with Sprott Private Wealth.

FYI Resources has edged closer to production at its high purity alumina project in Western Australia after completing a definitive feasibility study and securing equity financing with a European investment group.

Emerald Resources has moved closer to developing its Okvau gold project in Cambodia after signing a $US230 million ($A365 million) mining contract with MACA.

After a rocky start to the year, confidence in WA’s gold sector is driving economic activity, with investment and exploration up.

Emerald Resources is proposing to acquire gold explorer Bullseye Mining in a $117 million scrip deal, granting the unlisted company some respite from its ongoing legal action.

Bullseye Mining is mulling two takeover offers after shareholder Au Xingao tabled a $155 million cash offer for the target, competing with an existing scrip proposition from fellow shareholder Emerald Resources.

Prominent corporate lawyer Michael Bowen and Euroz co-founder Jay Hughes have joined the board of ASX-listed gold producer Emerald Resources.

A positive December quarter has extended Emerald Resources' success at its Okvau goldmine in Cambodia.

Emerald Resources is on track to increase both its resources and reserves across the 2024 financial year, according to managing director Morgan Hart.

Emerald Resources has achieved a record full year production of 114,076 ounces of gold for the 2024 financial year, up 5,210oz from the prior corresponding period.

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The combined value of Western Australia’s listed companies fell to $349.7 billion last financial year, propped up by the resurgent performance of the state’s gold sector.

Emerald Resources has extended its partnership with MACA, enabling the contractor to play a key role in the development of new gold mines in Australia and Cambodia.

Azure Minerals has taken home the title of dealer of the year for its $1.7 billion takeover offer, while Emerald Resources notched the digger award.

Emerald Resources has quietly emerged as one of the most valuable gold stocks on the ASX, and the Perth company is just getting started.

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West Perth-based Golden Horse Minerals has acquired historic tenements in WA’s Southern Cross district from Emerald as part of a deal which makes Emerald a cornerstone shareholder.

Emerald Resources has announced access to its Okvau open-cut mine in Cambodia will be affected for 21 days due to a minor wall slip.

Goldmining executive Simon Lee will retire in November, after calling time on a prolific multi-decade career of success which has fingerprints across the sector in Australia and abroad.

Gold producer Emerald Resources has secured a 20.5 per cent stake in West Perth-based Golden Horse Minerals, becoming the junior’s biggest shareholder.

Success at the Cambodia-based Okvau gold mine has continued for Emerald Resources, on the back of a record quarter of production.

Gold focused-Emerald Resources has confirmed an expansion of its Okvau open pit resource and life of mine is anticipated in coming weeks.

Boosted by solid production at its flagship mine, gold miner Emerald Resources increased its half-year net profit by 45 per cent from the prior corresponding period.

Goldminer Emerald Resources has forewarned shareholders that its March 2025 quarterly production will be below its original guidance, citing multiple factors.