Two of Western Australia's most successful gold miners are competing to gain control of Tanami Gold's Central Tanami project, indicating the growing investor interest in the gold mining sector.
Tanami Gold has seen its share price plunge 34 per cent after announcing an $11.75 million entitlement offer underwritten by its largest shareholder, Allied Property Resources.
Tanami Gold has announced a $65.3 million capital raising at a massive discount to its current share price, in order to repay its debts and complete a definitive feasibility study at its Central Ta