Chalice Gold Mines has made some board and management changes aimed at unlocking the value of the company's prospective gold and base metal projects and a strong balance sheet.
Canada's Kirkland Lake Gold, which is a major backer of TSX-listed Novo Resources Corporation - the company at the centre of a mini gold rush in the Pilbara - has thrown its weight behind Perth-based explorer De Grey Mining, which is one of several local explorers active in the same area.
A cluster of Western Australia-listed companies has been highlighted in BNiQ research as exhibiting strong revenue growth, appearing to have bucked the economic slowdown with strong gains in operational income.
Leaner times in the junior mining and exploration sector have resulted in widespread cuts to chief executive pay, but the restraint has not been shared equally across the sector, with some actually lifting salaries.
Chalice Gold Mines founder and executive chairman Tim Goyder has taken the role of managing director in a series of board changes that include Bill Bent stepping down from the position today.
Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources' Gnaweeda gold project in the Murchison region of Western Australia.
West Perth-based Chalice Gold Mines has made an offer to merge with Canadian gold developer Coventry Resources as it seeks to find assets to boost its cash flow.
Woodside Petroleum managing director Peter Coleman and executive director Rob Cole have been allocated shares at no cost under the company's executive incentive plan.
Chalice Gold Mines is cashed up and on the lookout for acquisitions after completing the sale of its Zara gold project in Eritrea to China's SFECO Group and the Eritrean National Mining Corporation
West Perth-based Chalice Gold has announced plans to raise $12.6 million through a rights issue to existing shareholders which will be used to fund its gold project in East Africa.
Shares in Chalice Gold Mines closed higher after it entered an option deal to buy out its joint venture partner's interest in an Eritrea project for up to $16.2 million.
Chalice Gold Mines has received the final $841,000 payment of the sale of its Higginsville and Chalice gold projects in the Eastern Goldfields to Avoca Resources.
The potential merger between CBH Resources Ltd and Perilya Ltd will have to go ahead without the Mount Oxide copper project, after formal agreements were executed for the $20 million scrip sale.
Shares in Perilya Ltd have dropped by over 40 per cent on news it will sell its Mount Oxide copper and cobalt project to West Perth-based Chalice Gold Mines Ltd in a scrip deal worth $25 million.
West Perth-based gold explorer Chalice Gold Mines Ltd has raised $6.9 million through the sale of 3.5 million shares in Avoca Resources Ltd, the company announced today.
West Perth-based minerals explorer Avoca Resources Ltd has completed the acquisition of two gold projects from Chalice Gold Mines Ltd, issuing shares worth $5 million to the company today.
West Perth-based minerals explorer Avoca Resources Ltd has acquired two gold projects after signing agreements with West Perth-based gold explorer Chalice Gold Mines Ltd and Perth-based Resolute Mining Ltd.
Bullion Minerals Ltd has revealed plans to spin off several gold exploration assets in an IPO of its newly registered subsidiary Chalice Gold Mines Ltd.
