Rohan Williams

Avoca Resources has announced an increase of 180,000 ounces of gold at its 49 per cent owned Frog's Leg underground gold mine.

Signs of life are starting to emerge in the sputtering initial public offerings market, with three Western Australian explorers advancing plans to list on the Australian Securities Exchange this week following the debut of two others earlier this month.

Dacian Gold non-executive chairman Rohan Williams has moved into an executive role, following the resignation of managing director Paul Payne.Mr Payne was with the company since its ASX listing in 2012. 

Dacian Gold's share price hit a three-year high today after the explorer said the scoping study for its Mt Morgans mine project showed it would be "an outstanding WA gold project at every level".

Local explorer Dacian Gold has kicked off a $25 million capital raising to fund ongoing work at its Mt Morgans project near Laverton, where it hopes to start construction in 2017.

Energy giant Woodside Petroleum has bolstered its board with the appointment of a former Shell executive, while Dacian Gold has welcomed a prominent lawyer to its board.

Shares in Rox Resources more than doubled today on the back of a strong zinc and lead drilling result at a project in the Northern Territory, while Dacian Gold was up 7 per cent following results in Western Australia.

Gold’s rising stocks and role in the post-boom recovery will make this year’s Diggers & Dealers the most promising for many years. 

Dacian Gold says it will cost $220 million to bring its Mt Morgans gold project near Laverton into production, which it hopes to do by early 2018.

Aspiring miner Dacian Gold has launched a $150 million capital raising to fund a big portion of the development costs for its Mt Morgans gold project near Laverton, which is expected to begin operating by 2018.

Aspiring miner Dacian Gold has started construction of its Mt Morgans project near Laverton, after finalising regulatory approvals and locking in a $150 million funding deal over the Christmas break.

Dacian Gold has reignited plans to undertake a large equity raising, announcing today a $110 million placement and entitlement offer to fund development of its Mt Morgans gold project near Laverton.

A local subsidiary of South African company Murray & Roberts is set to be awarded an underground mining services contract for Dacian Gold’s Mt Morgans project near Laverton.

SPECIAL REPORT: The value of investment into WA gold projects is about four times as much as this time last year, while growth in spending on lithium has been even more substantial.

Our board moves wrap includes Max Johnston, Krista Bates, Cheryl Edwardes, Andrew Richards, Stephen Copulos, John Cathcart, Beau Nicholls, Matthew Bull, Peter Smith, Alan Armstrong, Leigh Junk, Rohan Williams, Ian Cochrane, Amanda Burgess, Kevin Hart, John Kolenda, Andrew Jensen, Arjan van Ameyde, and Horst Kreuter.