Explorer easily raises $12.5m ahead of share market float after enlisting Perth broker Argonaut to handle its initial public offering.
Stuart McKinnon
Shares in Sandfire Resources have surged to a 52-week high on bullish talk by the company’s managing director Karl Simich on copper prices.
The McGowan Labor Government has promised not to lift the 2.5 per cent royalty rate for gold if it wins next month’s State Election.
Silver Lake Resources has boosted first-half profit by 48 per cent after lifting gold production and the average price it received in sales of the precious metal.
Ramelius Resources boss Mark Zeptner has attributed the gold miner’s receding share price to the cyclic nature of investment markets.
Boss Michael Finnegan is upbeat on the contractor’s future, noting a robust outlook for the resources sector driven by high commodity prices and supportive capital markets.
The engineering contractor has joined other WA companies warning about shortages as the economic recovery out of COVID-19 heats up.
Sean Smith
The WA gold miner says its operations in the Central Murchison are near to returning rewards to investors.
SPINIFEX: Investors marked down the aspiring gold miner last week on its feasibility study but the company still has fundamentals in its favour.
Further losses may be on the horizon after bullion’s 50-day moving average retreated below its 200-day counterpart, a so-called death cross pattern.
Ranjeetha Pakiam
Evolution Mining boss Jake Klein says the recent pull-back in the price of the precious metal could rein in price expectations of potential suitors.
The Macmahon subsidiary has picked up a four-year contract extension at Silver Lake Resources’ gold mine near Yalgoo.
Sandeep Biswas says he sees gold and bitcoin as separate investments and suggests buyers of the cryptocurrency should also hold gold.
Commodities have seen four supercycles over the past 100 years — with the last one peaking in 2008 after 12 years of expansion.
Gerson Freitas Jr
Australia’s biggest gold miner has doubled its interim dividend on the back of a higher gold price and a new dividend policy.
Cyprium Metals will look to do what Metals X could not at the shuttered Nifty underground mine, with a $60m deal to buy the Pilbara copper operation.
A Federal Court judge has ordered Mark Rowsthorn’s Adaman Resources to foot big legal bills for its failed bid to snare Gascoyne Resources’ Dalgaranga project.
Neale Prior
Executive chairman Bill Beament said the record performance showed the company’s growth strategy was proceeding to plan.
Minerals testing has become the latest pinch point amid WA’s resources boom.
The mining equipment rental business will shift idle fleet on the east coast into a booming WA market.
Daniel Newell
Ora Banda took control of Davyhurst following the collapse of its previous owner, Eastern Goldfields,in November 2018.
SPINIFEX: Gateway Mining is ramping up exploration activities at its flagship project near Wiluna this year as it looks to develop Gidgee into a company-making gold mine.
Saracen is expected to be delisted at the close of trade tomorrow, with the new entity hitting the boards on Monday.
The online trading movement fuelling the rise of unloved shares like GameStop has taken a shine to silver, causing the price of the precious metal to soar.
© West Australian Newspapers Limited 2020
