Westgold Resources will spin out a suite of non-core gold assets in the Murchison region into a standalone operation which will share a chair with Chalice Mining.
Argonaut's full-year profit surged to $15.5 million, fueled by a sharp rise in corporate finance fees amid a busy year of gold sector capital raisings and transactions.
Analysis: Record margins and bustling cash and bullion balances have Western Australia's goldminers up and about, but labour pressures and inflation are appearing on the radar.
Greatland Gold has announced a small capital raising and a big selldown by major shareholder Newmont ahead of the $3.5 billion miner's listing on the ASX.
Catalyst Metals is planning to ramp up investment in its Plutonic gold project in the Pilbara where it is aiming to more than double production to 200,000 ounces per year.
Subiaco-based junior Brightstar Resources has announced plans to raise $30 million in order to accelerate mining and production at its Laverton-based hub.
Argonaut lifted its full year operating profit to $5.7 million after taking a lead role on 18 equity capital markets deals, headlined by De Grey Mining's mammoth $600 million raise.
A day after announcing its board had approved expansion for its flagship Karlawinda gold project, West Perth-based Capricorn Metals has launched a $200 million capital raise.
Good Drinks Australia has flagged its intent to voluntarily delist from the Australian Securities Exchange, subject to shareholder approval at next month’s annual general meeting.
Turaco Gold has announced its second major capital raise in the space of five months, as it aims to accelerate resource growth at its Afema gold project.
This week's Bulls N' Bears Runner of the Week is … Element 25 after the potential high-purity manganese producer hit paydirt with a US Government energy grant for US$166 million (AU$241.5 million). West Cobar Metals' share price also leapt higher after it nailed impressive antimony-copper drill hits at its NSW project, while other movers-and-shakers this week were Emperor Energy and Neometals.
Stockbroking firm Argonaut has boosted its team with the addition of three recruits led by dealmaker Rob Telford while also reporting strong growth in operating revenue.
Venture Minerals has entered into a share purchase and sale agreement with Goldvalley Brown Stone, a subsidiary of private iron ore miner Gold Valley Group, regarding the sale of its Riley iron ore mine in Tasmania.
Shares in Subiaco-based AIC Mines closed 9 per cent down to 53.5 cents per share on Friday, following news that the company plans to raise $57.2 million in order to advance its Queensland-based Jericho copper mine.
The West Perth company says the proceeds, in tandem with cash on hand, will fully fund the equity component of its $1.3 billion Hemi gold project in the Pilbara.
Shares in ASX-listed WIA Gold rose by 18 per cent on Monday, following news that the company would raise $16.9 million in order to enhance project growth and exploration activities.
Westgold Resources has announced it will merge with Toronto-listed Karora Resources, resulting in a market capitalisation value of approximately $2.2 billion.
A day after confirming its intention to acquire Linden Gold Alliance, Brightstar Resources has announced it will raise $12 million, primarily to develop its Menzies and Laverton gold projects.
Twigger's Tales (Aka Argonaut's deputy chair Liam Twigger) talks about the academic thrashing given to the methodologies used by the institution that many have used to make multi-million-dollar investments in far flung mining jurisdictions. He poses the question – who should we believe when assessing “in-country” jurisdictional risk when investing?
Software provider K2fly has initiated a sweeping strategic review of its operations in a swift boardroom move designed to maximise the full potential of its innovative resource governance software solutions. After posting 13 quarters of increasing revenue on the trot, K2Fly has vowed not to sit on those laurels and has appointed Argonaut PCF and Atrico as joint advisors to steer its review.
Subiaco-based New World Resources has secured $11 million from a UK mining royalty and streaming company, to fund its Antler Copper project in Arizona, US.
St Georges Terrace broker Argonaut has posted weaker profits against a particularly prosperous previous financial year, as subdued markets stifle brokerage turnover.
De Grey has launched a $300 million capital raising to start making a mine out of its Hemi deposit, while the inevitable sting of inflation lifts build costs to $1.3 billion.
Minerals explorer Centaurus Metals is tapping investors for a further $47 million to complete a definitive feasibility study for its project in Brazil.
Canadian gold explorer Novo Resources Corp will explore a dual listing on the ASX after its Mallina Basin neighbour De Grey Mining became its largest shareholder.
