Apex Minerals says it will seek to raise $22.6 million through a 1 cent per share rights issue and a 1.8 cents per share placement to institutional investors to pay out its gold upside participation notes.
Apex Minerals has successfully completed a $5 million capital raising through a share placement to institutional and sophisticated investors to fund operational improvements at its Wiluna gold project.
SHARE options are a common part of high-level remuneration packages intended to be powerful incentives for company executives- but they can quickly go 'underwater' when markets tumble.
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.
LionOre Australia Ltd is looking for its fourth chief executive in 12 months after Glenn Jardine announced he would be leaving to take up a full time consultancy role at the company run by the man he replaced.
Perth-based gold explorer Tianshan Goldfields Ltd and nickel, copper and base metal explorer and miner Fox Resources Ltd have announced the appointment of non-executive directors today.
Western Australia’s miners have warned that the State may not be able to meet future demand for its resources unless approval processes, particularly environmental approvals, are streamlined.
LONG working hours in trying conditions are part and parcel of the mining industry, however, some mining companies are also implementing state-of-the-art programs that are not only reducing the accide
The good times may well be roling for miners in the current investment climate but they acknowledge that producing results for investors is a top priority.While most at the WA Business News boar
Better support is needed for infrastructure developments that underpin resource projects in Western Australia, according to some West Australian miners.Iron ore company Midwest Corporation’
Perth miners Mark Ashley and Kim Robinson have increased their stakes in junior gold explorer Terra Gold Mining through placements.Mark Ashley, managing director of Nickel producer Lion Ore Australia,
LIONORE Australia Pty Ltd’s managing director Mark Ashley has been appointed chief executive officer of the subsidiary company LionOre Nickel.Development at LionOre Nickel’s Emily Ann Nickel project at Lake Johnston is well under way.
21 Aug 2001
Subscribe today for award-winning, unbiased and trusted journalism