Vanadium-focused QEM, which features experienced mining executive Daniel Harris on its board, began trading on the ASX today after completing a $5 million initial public offering.
Geoff Ward has been appointed as chief executive of local tech company Hazer Group, while Michael Minosora is set to chair junior explorer Golden Deeps.
The long-running saga of the Windimurra vanadium project has taken a new turn, with listed company Atlantic pitching a low-ball offer to buy the $560 million development from one of its own subsidiaries.
The receivers who took charge of the Windimurra vanadium project in February have put the trouble-plagued mine up for sale, with Gresham Advisory Partners appointed to find a buyer.
Perth company Atlantic, which is in the midst of rebuilding its Windimurra vanadium plant after a fire last year, has received a big cash boost this month in the form of further insurance payments
Atlantic is using a big insurance payout to rebuild the Windimurra vanadium plant nearly a year after a fire forced the project to shut down, but the company still faces major operational and financial challenges.
Never has the KISS management principle (keep it simple, stupid) been better demonstrated than in the dreadful condition of Western Australia's mineral processing sector, where crisis is piling on crisis.
Struggling miner Atlantic has secured $29.7 million in debt funding from its major shareholder Droxford International and negotiated a standstill arrangement with the majority of its noteholders.
Embattled miner Atlantic is once again set to obtain extra funding from major shareholder Droxford International, which has proposed a new $32.6 million loan facility.
Battling vanadium producer Atlantic has revealed it could take up to nine months to repair fire damage to the processing plant at its Windimurra mine in the Mid West.
Vanadium producer Atlantic has stood down some of its contractors after announcing that the damage caused by last week's fire at its Windimurra plant is “extensive”.
Vanadium and iron ore miner Atlantic has suspended its shares from trading on the ASX following a fire at its Windimurra operation which it says has caused "comprehensive material damage".
Shares in vanadium and iron ore miner Atlantic have closed higher on the back of stronger monthly ferrovanadium production at the company's Windimurra project in the state's Mid West.
Atlantic chairman and managing director Michael Minosora has predicted a doubling in production volumes this month, as the vanadium and iron ore miner moves toward breakeven on its operating cash flow.
Vanadium producer Atlantic has secured a further $11.75 million in unsecured funding from its biggest shareholder, Droxford International, the latest in a series of cash injections to sustain its working capital.
Battling vanadium miner Atlantic has secured an additional $20 million in high interest debt to fund continued development at its Windimurra mine in the Mid West.
Cash-strapped miner Atlantic has obtained two new sources of funding, with the company using an expected R&D tax refund to secure a $15.3 million bank loan.
Michael Minosora's Atlantic has shipped the first iron ore fines produced at its Windimurra vanadium and iron development in the Mid West, signing a sales contract with an unnamed Chinese buyer.
Vanadium miner Atlantic has gotten its hands on $28.5 million in debt finance and has restructured its senior secured notes facility, giving the company some financial breathing space as it ramps u
Struggling vanadium miner Atlantic has 45 business days to replenish an interest reserve account or reach agreement to reduce its minimum holding, after it breached a covenant on its $US335 million
Debt laden mining company Atlantic has managed to convince most of the investors in its convertible notes that it should be allowed to spend money currently held in cash reserves on the ramp up of
Western Australia's pipeline of significant non-iron ore projects is showing signs of a quick slowdown as construction of major projects is due to be completed by the end of next year.
Iron ore and vanadium miner Atlantic has lined up a new $50 million finance facility to boost its working capital as it ramps up production at its Windimurra development in the Mid West.
Embattled miner Atlantic has confirmed it is in discussions with the state government regarding a deferred payment of royalties for its Windimurra vanadium project in the Mid West.
Iron ore and vanadium miner Atlantic has lined up a $41.7 million funding package to cover a cash shortfall caused by delays in production of ferrovanadium and iron ore exports from its Windimurra
Perth-based mining company Atlantic has completed a $25 million capital raising to finance process improvements and alterations at its Windimurra vanadium project, which has been adversel
Diversified resources group Atlantic has signed an agreement with Vietnam's Institute of Mining Science and Metallurgy to evaluate the potential development of a bauxite industry in Vietnam's centr
A strong theme among Ernst & Young’s western region finalists for the Entrepreneur of the Year is the technology businesses that have developed to service the resources sector.
Diversified Perth-based explorer Atlantic has announced drilling results have revealed a 19 per cent increase in JORC-compliant resources at its Windimurra vanadium project in the Mid West.
Perth-based Atlantic has settled its issue of $US335 million ($A334.26 million) of notes to fund the completion of the Windimurra vanadium mine in Western Australia.
Diversified minerals explorer Atlantic has struck an agreement with a Chinese-backed manufacturing group and a Hong Kong-based commodities trading firm for the sale of 100 per cent of production from its Windimurra vanadium mine.
Atlantic has appointed JP Morgan Securities to help secure debt funding required by its subsidiary Midwest Vanadium to complete the construction and commissioning of the Midwest vanadium project.
