OreCorp

Gold explorer Orecorp is raising $13.3 million from an institutional share placement to fund its move to full ownership of the Nyanzaga gold project in Tanzania.

Barrick Gold has resolved a three-year tax dispute with the Tanzanian government, which has lifted a ban on minerals exports, potentially providing a pathway to production for a contingent of Western Australia-headquartered miners and exploration firms.

Gold explorer Orecorp has launched a $13.56 million share placement, with majority of the proceeds to fund development of the company’s recently acquired Nyanzaga gold project in Tanzania.

Gold explorer OreCorp has secured funds from a share placement to progress the development of its Nyanzaga project while it considers the demerger of its WA assets.

Western Australian companies OreCorp, Black Rock Mining and Peak Rare Earths will finalise agreements with the Tanzanian government this month to develop their projects.

Strandline Resources’ shares rose 7 per cent this afternoon, as the company and two other WA-based junior miners finalise agreements with the Tanzanian government.

Shenghe Resources is set to become a major shareholder in Tanzania-focused Peak Rare Earths after buying a 19.9 per cent stake in the company for well above market price.

Tony Grist, Gavin Rezos and Stephen Langsford are prolific dealmakers - they share the lessons they’ve learned over three decades and explain what they look for in new investments.

OreCorp has talked up the prospects for its Nyanzaga gold project in Tanzania despite revealing a big increase in expected pre-production capital costs.

Geologist and mining executive Craig Williams, who led the rise of Equinox Minerals to a $US7 billion success story, has announced he is retiring from all boards of ASX companies.

Gold hopeful OreCorp has recommended its shareholders accept a takeover deal from Canadian miner Silvercorp Metals.

Takeover target OreCorp has received a bolstered bid from Canadian miner Silvercorp Metals, in a move that's been backed by mining billionaire Tim Goyder.

Perseus Mining has inserted itself in the middle of Silvercorp’s proposed acquisition of OreCorp, acquiring a major stake and declaring its intention to vote against the takeover.

The proposed timeline for Silvercorp Metals’ takeover bid for Subiaco-based OreCorp has been pushed back after two major legal and regulatory setbacks.

Perseus Mining will launch an off-market takeover bid for OreCorp, initiating a battle with Canadian company Silvercorp Metals for control of the Subiaco-based gold developer.

OreCorp’s board has backed Canadian miner Silvercorp Metals’ takeover offer, sticking to its recommendation for approval over rival bidder Perseus Mining.

Perseus Mining has increased its offer consideration for takeover target OreCorp, upping its all-cash bid from 55 cents per share to 57.5 cents per share.

OreCorp's Board has unanimously recommended that its shareholders accept an amended takeover proposal from Perseus Mining, in the absence of a superior offer.

Resources company OreCorp has announced several changes to its board, a day after Canada-based Silvercorp Metals gave its blessing to Perseus Mining's off-market takeover bid for the company.

Perseus Mining boss says the company has a great opportunity to reach or potentially surpass its annual production guidance of 491,000-517,000 ounces of gold for the 2024 financial year.

West Perth-based junior Rox Resources has appointed Greg Hoskins as its chief financial officer, effective from February 3.